Manufacturing Management Associates vs LMI Franchise Comparison

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

Start-Up Costs and Fees

 
Manufacturing Management Associates Franchise
LMI Franchise
Investment $25,000$20,000 - $27,500
Franchise Fee $10,000 - $15,000$15,000
Royalty Fee 5%6%
Advertising Fee --
Year Founded 19821980
Year Franchised 19901998
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee To be determined-


Business Experience Requirements

 
Manufacturing Management Associates Franchise
LMI Franchise
Experience
  • Industry experience
  • General business experience
  • -

    Financing Options

     
    Manufacturing Management Associates Franchise
    LMI Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees Yes/No-/-
    Start-up Costs No/No-/-
    Equipment No/No-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support

     
    Manufacturing Management Associates Franchise
    LMI Franchise
    Training --
    Support Newsletter, Meetings, Internet, Field operations/evaluations-
    Marketing Co-op advertising-
    Operations 0% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 3

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    -

    Expansion Plans

     
    Manufacturing Management Associates Franchise
    LMI Franchise
    US Expansion --
    Canada Expansion NoNo
    International Expansion NoNo

    Company Overviews

    About Manufacturing Management Associates

    Founded in 1982, Manufacturing Management Associates' franchisees offer manufacturing consulting for small- to medium-sized companies including quality management, management advisory, information systems, performance improvement and engineering and technology development services.

    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.

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    #189 in Franchise 500 for 2020.