Murphy Business vs House of Colour Franchise Comparison

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

Start-Up Costs and Fees

 
Murphy Business Franchise
House of Colour Franchise
Investment $62,350 - $123,735$18,345 - $33,250
Franchise Fee $39,000 - $55,000$16,000
Royalty Fee 10%0
Advertising Fee --
Year Founded 1994-
Year Franchised 2006-
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Murphy Business Franchise
House of Colour Franchise
Experience The ideal candidate is 35 - 65 years old and meets most of the following criteria:
- Is a former business owner
- Is a former business buyer
- Holds or has held a management level position
- Wants to control his or her own destiny
- Is self-confident and likes working with people to help them achieve their dreams and goals
You don't need business broker experience. We will train you and provide you with the tools you need.
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Financing Options

 
Murphy Business Franchise
House of Colour Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/Yes-/-
Start-up Costs -/Yes-/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Murphy Business Franchise
House of Colour Franchise
Training On-The-Job Training: Mentoring Classroom Training: 92 hours -
Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform We provide ongoing support both locally and from Head Office through formal ongoing training opportunities and informal mentoring.
Marketing Ad Templates National Media Regional Advertising Social media Website development Email marketing -
Operations

*Franchise can be run from home

*Absentee ownership of franchise is NOT allowed.

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Expansion Plans

 
Murphy Business Franchise
House of Colour Franchise
US Expansion Yes-
Canada Expansion Yes-
International Expansion -Yes

Company Overviews

About Murphy Business

Murphy Business and Financial Corporation gives the new or experienced business representative with the bolster required to fabricate a fruitful business financier firm on a few fronts:

*Assist customers in the possession exchange of secretly held little to medium estimated organizations
*Working with purchasers to purchase a business
*Helping purchasers to buy another establishment business
*Providing current entrepreneurs with business valuations of their business or assess their apparatus and gear
*Assist bigger organizations with mergers and acquisitions (these organizations regularly have incomes in overabundance of $5 million)
*Provide customers with business land financier, renting, property administration and inquiry administrations.

Being a Murphy business representative is about being ready to go for yourself, not without anyone else's input. While you may work in one or the greater part of the above regions, our corporate and provincial office staff is accessible to help you in giving an entire scope of administrations for our customers.

Murphy's inventive sovereignty structure guarantees that the main part of the commission remains with you and your specialists, making the wage potential one of the most elevated in the business.

With Murphy's times of involvement in the field, you will have the bolster you have to determine issues and close business, furnishing you with income from different sources.

Seeking new franchise units in USA and Canada    

Veteran Incentives  $5,000 off franchise fee

About House of Colour

Your Rewards - Image Consultant Training Welcome to House of Colour now in our 26th Year. Firstly may we emphasise the enormous potential for material and personal growth, in the exciting and expanding field of Colour Analysis and Image Consultancy. The House of Colour Franchise is a "Business Format Franchise" which gives you the benefit of owning your own business under the "umbrella" of a major name. This enables you to start with all the know-how and expertise of the main company House of Colour and puts you more than one step ahead of anyone else. Please remember, we are looking for Consultants who want to be true Professionals. We are neither party-plan, multi-level nor are we an "anything goes" company. The benefits of becoming an Image Consultant Franchisee with House of Colour include: Flexible working hours to fit around your lifestyle and family - Whether you want a change of career, a full time opportunity that enables you to make a real difference to people's lives or a new part time challenge, the flexibility of a House of Colour Franchise offers you the opportunity to generate a healthy income. We offer you a low cost start-up programme which enables you to start in your home or take a small shop, work in a beauty salon/health club or in a large department store.
Financial Reward - House of Colour Consultants are trained to work smart and build a business that delivers considerable financial rewards. Clients follow a full programme of classes you are trained to offer and return again and again for a lifetime of our high quality products providing you with repeat business that builds value into your business should you wish to sell at some time in the future. There is also the opportunity to build your business by taking on others to sub contract to you as your consultancy grows. There are no ongoing royalties to pay! Extensive training and on-going company support - We pride ourselves on giving the most comprehensive and substantial training on this subject, covering the history, background and theory on which the whole concept is based. Some questions to consider: "Can you expect to make a serious and competent career change with less than two weeks training?" "Would you choose to pay to have your colours done by someone who had only 3 or 4 days training?" "Are you prepared to take responsibility for changing someone's life with less than the best training on offer?" The Image Consultant training programme itself is the most comprehensive package available in the United Kingdom and to prove it House of Colour has achieved the coveted Investor in People award. We were accredited for the first time in 1996 and in order to keep the IIP status, we must undergo formal assessments on a regular basis. We are the only company in our industry to have achieved this award. It is recognised by all growing, progressive companies in the UK and gives us quite an edge in the corporate market. There is a great deal more to becoming an effective and professional Image Consultant with a successful business than just being able to tell what "season" your clients are! House of Colour is committed to providing ongoing support. Job Satisfaction - We take our clients on a wonderful journey to a destination where they will look their best every day. Their self esteem will escalate and the benefits, both internal and external, will last a lifetime. Facilitating this transformation is a deeply rewarding experience. A protected exclusive area - You will have an exclusive area, which means House of Colour consultants can work as a team, we do not compete with each other- Result:- camaraderie and a protected investment.