LMI vs Veteran Franchise Centers Franchise Comparison

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

Start-Up Costs and Fees

 
LMI Franchise
Veteran Franchise Centers Franchise
Investment $20,000 - $27,500$47,550 - $95,800
Franchise Fee $15,000N/A
Royalty Fee 6%-
Advertising Fee --
Year Founded 1980-
Year Franchised 1998-
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
LMI Franchise
Veteran Franchise Centers Franchise
Experience -Most franchise companies require an acceptable net worth and a liquid capital investment, which can be in the form of cash, securities, 401K, or home equity. Veteran Franchise Centers partners with franchise companies at all investment levels, however the following are minimum requirements: *Typically a minimum of $10,000 cash is required and a net worth of $50,000. *Investments by friends, family, or partners can be included. *A reasonable credit score.

Financing Options

 
LMI Franchise
Veteran Franchise Centers Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
LMI Franchise
Veteran Franchise Centers Franchise
Training -� 5 Days Initial Training
Support -� Ongoing Support, Education & Training
Marketing --
Operations --

Expansion Plans

 
LMI Franchise
Veteran Franchise Centers 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 Veteran Franchise Centers

How to Make a Great Living Helping Veterans. For years, you've worked hard at helping others be successful with their business. And wondered� how do I take my knowledge and drive and create a good business for myself? What's the best way to provide financial security for my family? Why Shouldn't This be Your Time? Are you ready to go from good to great? Veteran Franchise Centers is seeking hard-charging individuals that want to own a business that is lifestyle friendly and incredibly rewarding. As Veteran Franchise Centers owner, you work in a commercial office setting, setting your own hours. Discover our company and see how and why we do things differently. Are you ready to work for yourself and create your own success? Contact us today to see how you can reserve your territory and get rolling on this before someone else takes the advantage. Veteran Franchise Centers provides free consulting to veterans, their spouses, and military families seeking franchise business opportunities. As an affiliate of RecruitMilitary, the largest military to civilian job sourcing company, we reach hundreds of thousands of veterans annually; giving us unparalleled franchise marketing capabilities to veterans. As an owner your benefits include: � Earn Money by Helping Franchise Companies Grow � Ongoing Veteran Client Leads Provided � Proprietary Candidate Management System � Financial & Banking Partnerships � Grand Opening & Ongoing Marketing Programs � Protected Primary Market Area � Social Media & Online Marketing Programs