LMI vs FranchiseMart Franchise Comparison

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

Start-Up Costs and Fees
 
LMI Franchise
FranchiseMart Franchise
Investment $20,000 - $27,500$105,000 - $110,000
Franchise Fee $15,000N/A
Royalty Fee 6%-
Advertising Fee --
Year Founded 19802008
Year Franchised 19982008
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
LMI Franchise
FranchiseMart Franchise
Experience --

Financing Options
 
LMI Franchise
FranchiseMart Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
LMI Franchise
FranchiseMart Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
LMI Franchise
FranchiseMart Franchise
US Expansion --
Canada Expansion No-
International Expansion No-

Company Overviews

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.

About FranchiseMart

FranchiseMart is the first business of its kind to match people looking for franchise opportunities with franchise companies through a convenient retail location, much like having a local trade show set up permanently. Trends towards small business ownership and corporate downsizing are growing rapidly, and with that, so are franchises. As someone interested in owning their own business, you know first hand how difficult and costly it is to filter through all of the franchise opportunities and it's hard to know where to go to find the right fit...until FranchiseMart.