Gemma Business Brokers vs EliteProNet Franchise Comparison

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

Start-Up Costs and Fees

 
Gemma Business Brokers Franchise
EliteProNet Franchise
Investment $79,225 - $119,225$35,000 - And Up
Franchise Fee $37,000N/A
Royalty Fee 8% Annual min. $10,000-
Advertising Fee 2%-
Year Founded 1998-
Year Franchised 2009-
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Gemma Business Brokers Franchise
EliteProNet Franchise
Experience -EliteProNet franchisees must have an entrepreneurial spirit, a drive for success and because our business is founded upon relationship building, the ideal candidate also excels in customer relationships. Furthermore, our franchisees have strong business skills, moderate technology capabilities, and a good sales and customer service background.

Financing Options

 
Gemma Business Brokers Franchise
EliteProNet Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Gemma Business Brokers Franchise
EliteProNet Franchise
Training -The 2-week intensive training will be conducted at the Elite corporate offices and continue virtually for the next 10 weeks while the franchisee begins operations in their own regional office. This includes *Understanding EliteProNet's service *Using EliteProNet's technology *Developing your Strategic Plan *Managing your office & employees *Managing your customers and prospects *Hands on classroom training *The Account Manager/Sales role *The Project Coordinator/Service role
Support The Gemma CRM platform helps you: o Manage accounts and contacts, giving you a complete customer picture at a glance o Track sales opportunity-related data including milestones, decision makers, customer communications, and key documentation throughout Gemma's standardized sales process. o Provide Analytics: Get the real-time status of your business at a glance with key reports on value of your pipeline and revenue forecasts o Develop Email Marketing Tools: tools and templates are provided to help build, manage, and track email blasts as well as individual email communications to help generate new leads *2 WEEK INTENSIVE CLASSROOM TRAINING *ONSITE GRAND OPENING DEVELOPMENT *ONGOING TECHNOLOGY SUPPORT *FULL PAYMENT PROCESSING SUPPORT *MARKETING & ADVERTISING SUPPORT *TURNKEY SYSTEM *BEGIN OPERATIONS IN LESS THAN 60 DAYS *NO YEARLY ROYALTY FEES *EXCLUSIVE TERRITORY RIGHTS
Marketing --
Operations --

Expansion Plans

 
Gemma Business Brokers Franchise
EliteProNet Franchise
US Expansion Yes-
Canada Expansion --
International Expansion Yes-

Company Overviews

About Gemma Business Brokers

Operate your own business but have full access to shared learning and experience. You work for yourself but not by yourself. Select your own place of work - home office, downtown location, shared office, virtual office Pay royalties only when deals are closed. Our royalty system is based entirely on deal flow - there is no set monthly fee, any royalty is paid only when deals are closed. This arrangement underscores our commitment to our franchisees' success and our determination to ensure existing branch offices are successful before awarding new locations. Have access to state-of-the art proprietary software packages. Have the benefit of ongoing training and education on marketing, administration and operations, including training on the Gemma approach to business valuation and pricing; deal negotiations and marketing your clients' opportunities. You also have ongoing career development opportunities through an exclusive arrangement for access to online executive education from Cornell University's Johnson Graduate School of Business (hyperlink). Enjoy marketing assistance - plans and advertising templates to help you keep your company visible in your marketplace.

With a Gemma Business Broker Franchise, you choose where you want to work. Some franchisees choose a home office, others share a rented space.

Our proprietary back office system allows you to stay connected with the company, as well as with your growing list of clients and prospects. A custom CRM (customer relationship management) tool provides the services you need.

  • Contact management
  • Sales tracking, including documentation
  • Data Analysis so you can see where your business is and where it should be
  • E-mail marketing tools

It’s never been more affordable to develop a successful business brokerage. With the knowledge and systems from an experienced leader, Gemma Business Brokers, is behind you and with you all the way.

About EliteProNet

The EliteProNet Opportunity SIMPLIFYING THE CONSTRUCTION BIDDING PROCESS FOR SUBCONTRACTORS & GENERAL CONTRACTORS EliteProNet is a nationwide network of highly qualified subcontractors. Our objective is to find qualified commercial construction projects for small to medium sized subcontractors. We continuously develop relationships with general contractors who use our network of qualified subcontractors to complete their projects. As a franchisee, you will develop an exclusive territory of both subcontractors and general contractors. You will deliver qualified project opportunities from your general contractors to your subcontractors who pay an average monthly fee of $150.00 to $200.00 to be part of the network. Although $200 sounds inexpensive, the volume of customers in your network is what creates a very large RESIDUAL monthly revenue stream. With a network of just 500 subcontractors, your monthly residual revenue stream would average $100,000! Each region consists of 3 territories with an average potential base of 1,000 customers. Most importantly, once you have enrolled and retained a new customer, that one customer will generate thousands of dollars in recurring revenue. The EliteProNet Difference ELITEPRONET HELPS HUNDREDS OF SUBCONTRACTORS GET AWARDED CONTRACTS Construction industry and trends The construction business has changed. General Contractors, like many other businesses, are increasingly using digital communication as the basis for conducting their work. They use email and digital plan rooms instead of the traditional hand shake and a tube of printed plans to hire their subcontractors. EliteProNet has adapted to these trends and offers an easy online application our subcontractors use to connect with thousands of local General Contractors who have projects up for bid. Not only do they have access to multiple projects at their fingertips, but they also have the capabilities of their local Project Coordinator who will help them get awarded the job. EliteProNet is the first company to personally represent subcontractors and bring their experience, work and bids to the attention of General Contractors around the nation. We provide jobs. Not Leads.