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Updated RecentlyFastway Couriers Canada vs SOHO Hero Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Fastway Couriers Canada vs SOHO Hero including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $179,000 - And Up | $175,000 - $190,000 |
| Franchise Fee | $20,000 | $29,500 |
| Royalty Fee | 5% | 5% |
| Advertising Fee | - | 2% |
| Year Founded | 1983 | 1997 |
| Year Franchised | 1984 | 2000 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | - | - |
| Support | - | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
About Fastway Couriers Canada
Fastway Couriers, established in 1983, is the world's largest courier franchise system with 104 Regional Franchisees and 1,500 Courier Franchisees and serves a strong market niche untapped by other couriers. Sole Regional Franchise rights for each city are awarded to only one entrepreneur who enters the business of franchising, not package distribution. Cities are then divided into territories which are awarded to Courier Franchisees who conduct the actual distribution of packages.
About SOHO Hero
The SOHO HERO concept was launched when savvy young entrepreneur and
Atlanta resident, Chris Kouloukas, discovered that small office and home
office business professionals had no place to go for meetings and other
vital business services. As a result, the SOHO HERO Business and
Meeting Center concept was born, and today the company provides a
comprehensive resource for business owners and professionals who work
from home, telecommute or are in need of private, professional meeting,
work or conference rooms. SOHO HERO represents a new ‘world of work’
scenario that provides our Small Office, Home Office professionals, a
comprehensive suite of business services, professional meeting spaces,
wi-fi connections, and state-of-the-art video-teleconferencing. SOHO
HERO Business and Meeting Centers provide a complete menu of
presentation and communications tools and upscale meeting facilities for
the ‘new mom & pop shops’ that have embraced the electronic age and
understand the value of interactive business tools and opportunities.
We handle all of the business services needs that our customers would
normally be able to get if they worked in an office environment, but
don’t have access to since they are working from their homes.