Discovery Map International vs Office Evolution Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Discovery Map International vs Office Evolution including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Discovery Map International Franchise
Office Evolution Franchise
Investment $35,950 - $45,950$60,825 - $1,485,150
Franchise Fee $25,000$45,000
Royalty Fee 10%7.5%
Advertising Fee to1%3%
Year Founded 19812003
Year Franchised 19932013
Term Of Agreement 10 years +5+5-
Term Of Agreement 10 years +5+5-
Renewal Fee --


Business Experience Requirements

 
Discovery Map International Franchise
Office Evolution Franchise
Experience

Business and sales experience is certainly helpful, but a major key to the successful operation of a Discovery Map franchise is the personality of the Franchisee. Are you: * Goal oriented?

* People oriented?

* Organized and detail oriented?

* Adequately financed?

Franchisees must enjoy contributing to the success of their small business clients and fostering an environment that's positive, collaborative and supports that goal. The preferred candidate will be able to demonstrate a strong financial standing, sufficient liquidity and the resources necessary to develop a location/territory. To be considered for an Office Evolution franchise, you must meet the following requirements: *Have at least $150,000 in cash or liquid assets and total net worth of $300,000 *Provide $35,000 franchise fee per location

Financing Options

 
Discovery Map International Franchise
Office Evolution Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/Yes
Start-up Costs -/--/Yes
Equipment -/--/Yes
Inventory -/--/Yes
Receivables -/--/Yes
Payroll -/--/Yes

Training & Support

 
Discovery Map International Franchise
Office Evolution Franchise
Training A crucial benefit of our Franchise Package is our exceptional Training Program. An initial 4 day comprehensive training session at our headquarters in Waitsfield, VT., and supplemental hands-on training in your map territory give you everything you need to run your new business successfully.We offer training updates for your staff On-The-Job Training: 15 hours Classroom Training: 25 hours
Support To ensure the success and growth of your operation, Resort Maps provides assistance with all aspects of running your business, including

Site selection research for the map location

Map drawing and design

Promotions to prospective advertisers

Ongoing public relations and new business development

Office Evolution has established an expert support team that has developed the operational processes, experience and marketing that has built our concept to what it is today. Not only will you receive start-up support for the important aspects of the business including technology, phone systems, and real estate, you will continue to receive support after you open. We will hold regular conferences to provide updated tools and ideas, offer training updates for your staff and share new developments and experiences from other franchisees in other markets. Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing - Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing
Operations -Absentee Ownership Allowed Number of Employees Required to Run: 1

Expansion Plans

 
Discovery Map International Franchise
Office Evolution Franchise
US Expansion YesYes
Canada Expansion YesYes
International Expansion Yes-

Company Overviews

About Discovery Map International

THE DISCOVERY MAP OPPORTUNITY
Discovery Map specializes in a unique advertising-based business system. The demand for our medium continues to rise steadily; by becoming a Discovery Maps Franchisee, you can be part of this exciting and rewarding advertising field. Right now opportunities await qualified individuals to develop single or multiple-map franchises in suitable locations in the United States, Canada, and the United Kingdom. We have over 125 successful maps and are growing faster than ever before.
 ENSURING THE BEST CHANCE FOR SUCCESS
Here are some Discovery Map franchise advantages:
* Complete start-up marketing package
* Comprehensive map design and publishing support
* Expert training and ongoing support in operating your business
* Experienced and dedicated corporate staff determined to help you succeed
* Personal and financial benefits of business ownership
* Freedom and flexibility to run the business from your home
* Careful pre-screening of the location by experienced professionals

* A proven record of success: over 125 established maps with 5% - 10% projected growth in 2013.

"Entrepreneur
#386 in Franchise 500 for 2020.

About Office Evolution

Exciting Growth Opportunities Ahead for Business Services

Founded in 2003, Office Evolution has always approached private office space and virtual office space markets from a unique, entrepreneurial perspective. Our determination to offer sole proprietors and small businesses real business solutions has turned the idea of expensive executive offices and impersonal virtual office and co-working spaces on its head. Our efforts have resulted in a growing number of business centers located in key metro areas throughout the United States.

More and more people are seeking self-employment as an alternative to a possibly fickle and often frustrating corporate reality. Self-employment rates have been growing at an average of 4.5 percent annually most of this decade, adding roughly 1 million people per year, and across the country, enrollment in entrepreneurship programs at universities is booming, according to a recent Entreprenuer.com article by Jason Daley. With the advent of mobile computing and cloud technology, the opportunities for entrepreneurs are exploding. They no longer need an office, staff and equipment to get started in business and the cost of entry can be very low.
The best strategy is to stay flexible, keep things simple and focus on their business: a virtual office could be the perfect solution!

The total investment necessary to begin operation of an Office Evolution franchised business is between $286,825 and $1,485,150. This includes $63,324 to $65,150 that must be paid to the franchisor or its affiliate(s).
The total investment necessary to begin operation of an Office Evolution acquisition business is between $133,325 and $990,150. This includes $63,325 to $65,150 that must be paid to the franchisor or its affiliate(s).
The total investment necessary to begin operation of an Office Evolution conversion business is between $60,825 and $590,150. This includes $18,325 to $590,150 that must be paid to the franchisor or its affiliate(s).

#267 in Franchise 500 for 2020.