Canadian Tire vs Proforma Franchise Comparison

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

Start-Up Costs and Fees
 
Canadian Tire Franchise
Proforma Franchise
Investment $125,000 - And Up$44,030 - $59,695
Franchise Fee N/A$34,500
Royalty Fee -5-8%
Advertising Fee -0.25% -1%
Year Founded 19221978
Year Franchised 19341986
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Canadian Tire Franchise
Proforma Franchise
Experience -

Proforma is seeking individuals with good marketing, relationship building and sales skills. Industry knowledge or background is not necessary as product knowledge is taught during our training program.


Financing Options
 
Canadian Tire Franchise
Proforma Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/-No/Yes
Start-up Costs -/-No/No
Equipment -/-No/No
Inventory -/-No/No
Receivables -/-Yes/No
Payroll -/-No/No

Training & Support
 
Canadian Tire Franchise
Proforma Franchise
Training -

Proforma Franchise Owners are provided with comprehensive training, proven marketing and sales techniques, and business development tools at Proforma's Success University, in an excellent week-long training program at the Worldwide Support Center in Cleveland, Ohio. Classroom Training: 25 hours Additional Training: At regional/annual convention

Support -Ongoing Support Newsletter Meetings/Conventions Toll-Free Line Online Support Proprietary Software Franchisee Intranet Platform
Marketing --
Operations -Number of Employees Required to Run: 1

Expansion Plans
 
Canadian Tire Franchise
Proforma Franchise
US Expansion -Yes
Canada Expansion NoNo
International Expansion NoYes

Company Overviews

About Canadian Tire

Canadian Tire Corporation, Limited - the country's most shopped retailer - offers a unique mix of products and services through the leadership of three specialty stores under one roof - Automotive, Sports and Leisure, and Home Products. With over 450 Canadian Tire Associate Stores serving communities nationwide, Canadian Tire Corporation, Limited and the Associate Dealers together employ 38,000 Canadians and form one of Canada's best-known and most successful retailers.

You will immediately benefit from proven business systems which include commissions and allowances to help cover initial costs of operation.
You will also take part in a 2 week hands-on Training Program that covers everything you will need to know moving forward to manage the business.

Add participation in one of Canada’s most popular loyalty program, and marketing support from Home Office on an ongoing basis, and you will be ahead of the competition from the very start.


"Top
#21 in Canada's Top franchises.

About Proforma

Gregory P. Muzzillo founded Proforma in 1978 with a college friend. Within one year, the business they started with $200 saw its sales grow to $250,000 and their clients expand to over 300. By 1982, sales reached $1 million and Proforma was named in successive years to Inc. Magazine's 500 Fastest Growing Companies - the only company in the business forms industry to make the list twice. To continue Proforma's rapid growth, Muzzillo looked to alternate routes. In 1986, he developed the Proforma franchise model - a network of independent distributors working together to build marketing clout and strong supplier relationships. This model proved successful, as Proforma, now in its fourth decade, has grown to nearly $400 million in sales. Proforma is the leading franchise opportunity in the $200 billion Print and Promotional Products industry. Proforma is a great opportunity for individuals who are looking for a professional opportunity to sell in a business-to-business environment. Our Franchises can be operated from a home-based office and no inventory, equipment, or retail storefront is required.

The total investment necessary to begin operation of a Start-Up Proforma franchise is from $44,030 to $59,695. This includes a $39,000 initial fee that must be paid to the franchisor or its affiliate.
The total investment necessary to begin operation of a Relevant Industry Experience Proforma franchise is from $5,030 to $20,695. This includes no ($0) initial fee that must be paid to the franchisor or its affiliate.
The total investment necessary to begin operation of a Conversion Proforma franchise is from $5,030 to $20,695. This includes no ($0) initial fee that must be paid to the franchisor or its affiliate.
Veteran Incentives  Franchise fee waived

"Entrepreneur
#373 in Franchise 500 for 2020.