Discovery Map International vs Canyon Leasing Franchise Comparison

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

Start-Up Costs and Fees

 
Discovery Map International Franchise
Canyon Leasing Franchise
Investment $35,950 - $45,950$19,500 - $23,500
Franchise Fee $25,000N/A
Royalty Fee 10%-
Advertising Fee to1%-
Year Founded 1981-
Year Franchised 1993-
Term Of Agreement 10 years +5+5-
Term Of Agreement 10 years +5+5-
Renewal Fee --


Business Experience Requirements

 
Discovery Map International Franchise
Canyon Leasing 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?

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Financing Options

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

Training & Support

 
Discovery Map International Franchise
Canyon Leasing 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.Course Outline Your Company: *Creating and committing to a plan. *Checklist and information on structure *Foundation - the necessary support tools *Location and working environment Leasing: *Industry Knowledge *Uses of leasing *Competition *Various forms of leases *Lease vs. Purchase *HP Calculator Training Sales and Marketing: * Devising a sales and marketing plan * Sales promoting * Developing vendor and end user relationships Credit: * Financial statement analysis * Credit reporting and scoring Funding: * Documentation * Sources * Procedures
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

-
Marketing --
Operations --

Expansion Plans

 
Discovery Map International Franchise
Canyon Leasing Franchise
US Expansion Yes-
Canada Expansion Yes-
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 Canyon Leasing

There are numerous benefits to becoming a Leasing Professional by training with Canyon: 1. Low Investment: Canyon Leasing makes it affordable to become your own boss. Unlike other companies who charge an exorbitant amount, Canyon Leasing offers training and support for a low investment of $19,500. You may choose to maintain a low overhead and work from home or a small office. Marketing is your only other cost, and it is totally controlled by you. With the exception of a computer, a phone and a fax, there is very little needed to open your lease broker business, no special equipment, no inventory, no shipping costs, no warehousing costs, and no employees. 2. Proven Marketing Strategy: You will work in a professional business environment assisting decision makers to finance the acquisition of equipment using equipment leasing. You will learn Canyon's proven marketing strategies developed over 25 years of growing successful businesses. 3. Canyon Leasing Training and Support: Canyon Leasing is a team of marketing specialists who have developed a meticulous and in-depth start-up training program. You will also become part of Canyon's formalized Coaching Program that will become an important part of your future success.