|
Below is an in-depth analysis and side-by-side comparison of Turbo Leadership Systems vs Inner Circle including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $33,300 - $56,800 | $21,150 - $34,400 |
Franchise Fee | $29,000 | $14,900 |
Royalty Fee | 10% | 15% |
Advertising Fee | - | - |
Year Founded | 1985 | 1985 |
Year Franchised | 1995 | 1997 |
Term Of Agreement | 10 years | 20 years |
Term Of Agreement | 10 years | 20 years |
Renewal Fee | - | Then current fee |
Business Experience Requirements |
||
Experience | ||
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | No/No |
Start-up Costs | No/No | No/No |
Equipment | No/No | No/No |
Inventory | No/No | No/No |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
||
Training | - | Annual symposium & monthly conference calls |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | Newsletter, Meetings, Internet |
Marketing | Co-op advertising, Ad slicks | National media |
Operations |
Franchise can be run from home. 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is NOT allowed. |
Franchise can be run from home.
Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
US Expansion | - | - |
Canada Expansion | No | No |
International Expansion | Yes | Yes |
Larry W. Dennis Sr. founded Turbo Leadership Systems in 1985. The private company began franchising in 1995 and is based in Newberg, Oregon.
Inner Circle is a peer advisory group exclusively for CEO's and business owners of small to medium sized companies. Each peer group serves as an advisory board/advisory council that acts as an interactive think tank, a place where entrepreneurs come to challenge one another and be challenged. By tapping into the wisdom and objectivity of the Circle's business advisory board, members find they are able to overcome obstacles faster and with greater confidence due to the business coaching and small business advice they receive from their own personal peer advisory board.