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Below is an in-depth analysis and side-by-side comparison of Proforma vs Lead Innovations including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $44,030 - $59,695 | $74,815 - $296,470 |
Franchise Fee | $34,500 | $38,000 - $238,000 |
Royalty Fee | 5-8% | - |
Advertising Fee | 0.25% -1% | - |
Year Founded | 1978 | 2021 |
Year Franchised | 1986 | 2021 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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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 |
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In-House/3rd Party | In-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 |
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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 |
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US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | Yes | - |
Lead Innovations business provides customizable advertising through
a LED Mobile Billboard Vehicle using videos, digital imagery and other
associated services.