LMI vs Catalyft Success System Franchise Comparison

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

Start-Up Costs and Fees

 
LMI Franchise
Catalyft Success System Franchise
Investment $20,000 - $27,500$35,000
Franchise Fee $15,000N/A
Royalty Fee 6%-
Advertising Fee --
Year Founded 19802015
Year Franchised 19982015
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
LMI Franchise
Catalyft Success System Franchise
Experience --

Financing Options

 
LMI Franchise
Catalyft Success System Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
LMI Franchise
Catalyft Success System Franchise
Training - At Headquarters
Support - Meetings Online Support Phone Support
Marketing --
Operations - Business can be run part-time.

Expansion Plans

 
LMI Franchise
Catalyft Success System Franchise
US Expansion -Yes
Canada Expansion No-
International Expansion NoNo

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 Catalyft Success System

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Catalyft® Success System is a platform for Entrepreneurs to offer Courses, Coaching, and Peer Advisory Boards through our Proprietary Coaching Certification Program.

Peer Advisory Boards offer entrepreneurs a mastermind group with the powerful, proprietary, Pinnacle Success System™ as its foundation. Each board is comprised of a carefully selected group of entrepreneurs offering their wisdom and counsel in a facilitated conversation. Education, new concepts, and tools are introduced each month. The board meeting’s primary focus is for each entrepreneur to present current challenges that are holding them back and/or new opportunities and possibilities for growth. Advisory boards offer counsel and accountability with the goal of assisting each board member to expand and accelerate their growth and success.