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Updated RecentlyCanyon Leasing vs Cinch I.T. Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Canyon Leasing vs Cinch I.T. including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $19,500 - $23,500 | $100,025 - $124,850 |
| Franchise Fee | N/A | $49,000 |
| Royalty Fee | - | - |
| Advertising Fee | - | - |
| Year Founded | - | 2004 |
| Year Franchised | - | 2019 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | You do NOT need to be a technician or an experienced I.T. professional to run a successful Cinch I.T. top franchises location. As an owner, you will hire technicians to serve your customers. You will reach out to potential customers, learn about their businesses, and offer technology solutions that will make their businesses more efficient, secure, and profitable. |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | 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 | - | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | No |
Company Overviews
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.
About Cinch I.T.
Cinch I.T. franchise owners target clients who employ 10-100 people on average - "the most under-served range.
Cinch I.T. was formed to support this under-served market. We have
created a trusted national brand capable of delivering fast and friendly
I.T. support, enterprise-level security, and professional consultation to help businesses leverage their technology.