FranchiseInc vs Schooley Mitchell Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of FranchiseInc vs Schooley Mitchell including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
FranchiseInc Franchise
Schooley Mitchell Franchise
Investment $27,300 - $40,000 $56,500 - And Up
Franchise Fee $22,500 $56,500
Royalty Fee $1300/month 8%
Advertising Fee - 2%
Year Founded 1995 2004
Year Franchised 2006 2004
Term Of Agreement 5 years -
Term Of Agreement 5 years -
Renewal Fee $5000 -


Business Experience Requirements

 
FranchiseInc Franchise
Schooley Mitchell Franchise
Experience - -

Financing Options

 
FranchiseInc Franchise
Schooley Mitchell Franchise
  In-House/3rd Party In-House/3rd Party
Franchise Fees -/- -/-
Start-up Costs -/- -/-
Equipment -/- -/-
Inventory -/- -/-
Receivables -/- -/-
Payroll -/- -/-

Training & Support

 
FranchiseInc Franchise
Schooley Mitchell Franchise
Training * Available at headquarters: 5 days

* Mentoring by teleconference: 52 weeks

The training provided comes in various formats. First of all, there is a 7 day initial training course held at The Telecom Institute at Head Office. All new Franchisees are required to take the initial training course before they begin work in a Schooley Mitchell Franchise. There are five days of training in the operations, marketing, sales, business building and relationship building processes that are effective for Schooley Mitchell Franchisees. The course includes basic technical training and more importantly, instruction on the use of our reference manuals. It includes instruction on how to use the continuous training facilities through The Warehouse, our Intranet environment as well as two days of training using the actual software tools including live client cases. Each new Franchisee also receives an intensive first year of Business Development Mentoring and Coaching Program. This one-on-one training is comprised of tips, tools and information about Sales, Marketing, Telecom, Analysis, Operations and The Warehouse. Initial Training is finished off with three days of video training in the Franchisees office. These training modules are telecom in nature and cover a variety of telecom and tech related topics.
Support - -
Marketing - -
Operations - Average Number of Employees: Flexible. Franchisee may maintain a sole practitioner status or build as large as desired. Passive Ownership: Possibly. As long as certain conditions are met.

Expansion Plans

 
FranchiseInc Franchise
Schooley Mitchell Franchise
US Expansion - Yes
Canada Expansion - Yes
International Expansion - Yes

Start-Up Costs and Fees Mobile

Investment
FranchiseInc Franchise
$27,300 - $40,000
Schooley Mitchell Franchise
$56,500 - And Up
Franchise Fee
FranchiseInc Franchise
$22,500
Schooley Mitchell Franchise
$56,500
Royalty Fee
FranchiseInc Franchise
$1300/month
Schooley Mitchell Franchise
8%
Advertising Fee
FranchiseInc Franchise
-
Schooley Mitchell Franchise
2%
Year Founded
FranchiseInc Franchise
1995
Schooley Mitchell Franchise
2004
Year Franchised
FranchiseInc Franchise
2006
Schooley Mitchell Franchise
2004
Term Of Agreement
FranchiseInc Franchise
5 years
Schooley Mitchell Franchise
-
Renewal Fee
FranchiseInc Franchise
$5000
Schooley Mitchell Franchise
-


Business Experience Requirements

Experience
FranchiseInc Franchise
-
Schooley Mitchell Franchise
-

Financing Options

  In-House/3rd Party
Franchise Fees
FranchiseInc Franchise
-/-
Schooley Mitchell Franchise
-/-
Start-up Costs
FranchiseInc Franchise
-/-
Schooley Mitchell Franchise
-/-
Equipment
FranchiseInc Franchise
-/-
Schooley Mitchell Franchise
-/-
Inventory
FranchiseInc Franchise
-/-
Schooley Mitchell Franchise
-/-
Receivables
FranchiseInc Franchise
-/-
Schooley Mitchell Franchise
-/-
Payroll
FranchiseInc Franchise
-/-
Schooley Mitchell Franchise
-/-

Training & Support

Training
FranchiseInc Franchise
* Available at headquarters: 5 days

* Mentoring by teleconference: 52 weeks

Schooley Mitchell Franchise
The training provided comes in various formats. First of all, there is a 7 day initial training course held at The Telecom Institute at Head Office. All new Franchisees are required to take the initial training course before they begin work in a Schooley Mitchell Franchise. There are five days of training in the operations, marketing, sales, business building and relationship building processes that are effective for Schooley Mitchell Franchisees. The course includes basic technical training and more importantly, instruction on the use of our reference manuals. It includes instruction on how to use the continuous training facilities through The Warehouse, our Intranet environment as well as two days of training using the actual software tools including live client cases. Each new Franchisee also receives an intensive first year of Business Development Mentoring and Coaching Program. This one-on-one training is comprised of tips, tools and information about Sales, Marketing, Telecom, Analysis, Operations and The Warehouse. Initial Training is finished off with three days of video training in the Franchisees office. These training modules are telecom in nature and cover a variety of telecom and tech related topics.
Support
FranchiseInc Franchise
-
Schooley Mitchell Franchise
-
Marketing
FranchiseInc Franchise
-
Schooley Mitchell Franchise
-
Operations
FranchiseInc Franchise
-
Schooley Mitchell Franchise
Average Number of Employees: Flexible. Franchisee may maintain a sole practitioner status or build as large as desired. Passive Ownership: Possibly. As long as certain conditions are met.

Expansion Plans

US Expansion
FranchiseInc Franchise
-
Schooley Mitchell Franchise
Yes
Canada Expansion
FranchiseInc Franchise
-
Schooley Mitchell Franchise
Yes
International Expansion
FranchiseInc Franchise
-
Schooley Mitchell Franchise
Yes

Company Overviews

About FranchiseInc

Earn Executive Income - Become A Franchise Consultant!

Franchising is a multi-trillion dollar industry with more than 40 concept segments employing and serving millions of American consumers. There are only a few hundred brokers and consultants today. This new emerging career field can produce earnings from the sale of a single franchise of $7,500, $15,000 or more. Joining FranchiseInc! and our network of franchisee consultants you could easily pay for your business in as little as two (2) to four (4) sales. We provide you 30 fresh leads of interested buyers every month, you get world class support, excellent training, leading technology, and an international marketplace all for a small franchise fee.

About Schooley Mitchell

Professional B2B Consulting Franchise helping businesses make decisions about Telecom and Merchant Services expenditures. We only charge the client a fee if we save them money, which makes client acquisition an easy process. Our Franchisees are independent of all suppliers of telecom and merchant services - no commissions, residuals, or kickbacks from suppliers - we always look out for our client's best interest.
Quick ROI - low cash investment - revenue driven business - can be operated from home or office
- Franchisees can do business anywhere in North America
- ideal Franchise for executives.
Our basic service, referred to as Existing Systems Review, is really quite simple. We review all the services that a business client uses to communicate. That includes wireless devices, local service, long distance, fax services, conferencing, data, Internet, merchant services, and more. Our clients are often not familiar with the products and services they are currently using because of the confusing environment in telecom and merchant services. We prepare a professional report summarizing the services received and costs incurred. We then advise the client about how to recover overpayments and how to receive equal or improved service, for less expense. If we find ways to save them money. The fee is an equal portion of the savings for a specified period of time! During the term of the contract with the client, we continue to evaluate their needs and will bring forward additional recommendations that create additional savings for the client and additional fees for our Franchisee. Ultimately we're creating a recurring and perpetual revenue stream with our existing clientele. The average actual annual billings for the top half (1 out of 2) of our Franchisees that have one year of experience or more is $354,410 as of January 1, 2016. The average actual annual billings for the top quarter (1 out of 4) of our Franchisees that have one year of experience or more is $612,436 as of January 1, 2016.
We help companies to make more money by:
1)Optimizing Merchant Services Costs
2)Optimizing Telecom Costs
3)Optimizing Truck Load Weights
http://schooleymitchell.com/warehouse/truckload_slick/Truck_Load_Optimization_Slick_2015.pdf

We increase your profits - We are your Vendor watchdog.