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Below is an in-depth analysis and side-by-side comparison of Red Wheel Fundraising vs Creative Memories including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $38,000 - $86,000 | $60 - And Up |
Franchise Fee | $20,000 | N/A |
Royalty Fee | 8% | - |
Advertising Fee | - | - |
Year Founded | 1982 | 1987 |
Year Franchised | 1988 | 2014 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $2000 | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | * Available at headquarters: 30 hours+ * At franchisee's location: 8 hours+ * At existing franchisees' locations: 30 hours+ | - |
Support | - | - |
Marketing | - | - |
Operations | * Franchise can be run from home * 30% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 1 - 3 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | - | - |
International Expansion | - | - |
Since 1982 Red Wheel has been in the business of manufacturing food for fundraising. Headquarters are in Council Bluffs, Iowa. Our business has grown steadily. Today Red Wheel is the industry’s largest manufacturer of the best variety of frozen food for fundraising.
Be a Consultant As a Creative Memories Consultant, you'll spend time with friends at Photo Solutions Parties sharing quick and easy solutions for getting photos into photo albums and onto displays. You'll have the freedom to determine your own schedule and shape a home business that fits your life. Get Started 1. Start for just $60, and you'll receive our Consultant Kit, which includes all the business materials you need to hold your first Photo Solutions Parties. Join this month and earn $300* in cash and products when you sell $600 in your first 30 days. 2. Add examples of some quick and easy products to your Consultant Kit by purchasing our Basic or Enhanced Completion Kits. 3. Party on. Gather your family and friends (and their family and friends) and start scheduling Photo Solutions Parties. The rewards � for you and your customers � are waiting! Your Life - Your Story - Your Way CAROL BAKER Independent Consultant 57 Tweedsmuir Rd. Winnipeg, MB R3P1Z2 Phone 204-488-7924 Cell 204-797-8359