ActionCOACH vs LMI Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of ActionCOACH vs LMI including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
ActionCOACH Franchise
LMI Franchise
Investment $81,773 - $1,111,670$20,000 - $27,500
Franchise Fee $45,000 - $70,000$15,000
Royalty Fee $1.95K+/mo.6%
Advertising Fee 5%-
Year Founded 19931980
Year Franchised 19971998
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee $2.5K-


Business Experience Requirements
 
ActionCOACH Franchise
LMI Franchise
Experience
  • General business experience
  • Marketing skills
    		• -

    Financing Options
     
    ActionCOACH Franchise
    LMI Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/-
    Start-up Costs No/No-/-
    Equipment No/No-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    ActionCOACH Franchise
    LMI Franchise
    Training Classroom Training: 5-10 days Additional Training: At various locations -
    Support Purchasing Co-ops Newsletter Meetings/Conventions Online Support Field Operations Proprietary Software Franchisee Intranet Platform -
    Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development-
    Operations Franchise can be run from home.

    2% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 1

    Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators)

    		-

    Expansion Plans
     
    ActionCOACH Franchise
    LMI Franchise
    US Expansion Yes-
    Canada Expansion YesNo
    International Expansion YesNo

    Company Overviews

    About ActionCOACH

    Brad Sugars started the consulting firm Action International in 1993 from his home in Brisbane, Australia. In ten years, the firm grew into an international franchise with offices in New Zealand, Asia, the United States, Canada, Mexico and Europe. Franchisees work with employees and owners of small to medium-sized businesses, offering guidance to not only improve company performance but also find the right balance between work and life. ActionCoach seeks potential franchisees who are friendly and have a solid general business background.

    The total investment necessary to begin operation of an ActionCOACH business coaching franchise ranges from $81,773 to $104,640 for a PRACTICE franchise and from $125,773 to $1,111,670 for a FIRM franchise. This includes the $74,500 for the PRACTICE franchise and the $99,500 to $428,500 for a FIRM franchise that must be paid to the master licensee, franchisor or an affiliate.
    Veteran Incentives  $5,000 off franchise fee
    ""   
    In Franchise Business Reviews' Top 200.

    "Entrepreneur
    #346 in Franchise 500 for 2020.


    About LMI

    LMI Canada is a leading personal, organizational and management development company with affiliate organizations around the world. We provide a PROVEN process that MEASURABLY increases performance and results in organizations. This typically guarantees a 10 times return on investment to clients in results measured through implementation of our processes that encompass leadership, management, productivity, communication, sales & assessments that deliver permanent attitude and behaviour changes.

    Becoming an LMI franchisee offers a number of benefits: Low start-up costs, a proven people development system, time-tested products, no territorial boundaries and a support structure that is second to none. There are no royalties or franchise fees after the licensee fee is paid. Licensees must order product from the Canadian Head office, which takes on the currency, shipping, inventory, and customs risks so that the licensee can just focus on selling and servicing his/her clients.

    ""
    #189 in Franchise 500 for 2020.