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Below is an in-depth analysis and side-by-side comparison of Transworld Business Advisors 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 | $74,855 - $97,185 | $100,025 - $124,850 |
Franchise Fee | $49,500 | $49,000 |
Royalty Fee | 8% | - |
Advertising Fee | $150/mo. | - |
Year Founded | 2010 | 2004 |
Year Franchised | 2010 | 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 | Transworld Business Advisors will provide complete training and support on all indispensable services needed to buy or sell a business, including: *Listing a business for sale *Providing business valuations *Identifying and qualifying buyers *Marketing a business *Arranging financing *Managing due diligence *Coordinating closing *Guiding buyers and sellers through the entire sales process You receive the training and support that incorporate proven techniques so that you can achieve success fast. You have access to a network of business owners who have been through the exact same experience. Networking and support from other owners is a priceless resource in business ownership. On-The-Job Training: 33 hours Classroom Training: 70 hours | - |
Support | Ongoing Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform | - |
Marketing | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing | - |
Operations | - | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | Yes | No |
Transworld Business Advisors began in 2007 by Transworld Business Brokers and United Franchise Group
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.