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Below is an in-depth analysis and side-by-side comparison of Fastway Couriers Canada vs InXpress 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 | $85,600 - $166,990 |
Franchise Fee | $20,000 | $50,000 |
Royalty Fee | 5% | 30% |
Advertising Fee | - | to 1% |
Year Founded | 1983 | 2006 |
Year Franchised | 1984 | 2006 |
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 | -/- | -/Yes |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | On-The-Job Training: 32 hours Classroom Training: 80 hours Additional Training: yes |
Support | - | Newsletter Meetings/Conventions Field Operations |
Marketing | - | Ad Templates Regional Advertising Social media SEO Website development Email marketing |
Operations | - | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | No | - |
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.
InXpress is a global shipping franchise that helps get the same prices and customer support for small and mid-sized businesses that carriers typically reserve for Fortune 1000 companies. We earn the discounts and increased service through cooperative buying that bundles the revenues of these small businesses together. The global freight market was $700 billion in 2013, and it’s expected to grow to $1.3 trillion by 2023, according to research from the U.S. Department of Transportation and Research and Innovative Technology. Fortune 1000 companies have resources to hire logistics experts - but what about the next 5 million companies that are have a smaller payroll and are less experienced, but that cumulatively represent a huge piece of the shipping market?