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Updated RecentlyMAGIS Fundraising vs velofix Group of Companies Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of MAGIS Fundraising vs velofix Group of Companies including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $25,000 - And Up | $169,200 - $202,700 |
| Franchise Fee | $25,000 | $25,000 |
| Royalty Fee | - | 8% |
| Advertising Fee | - | 2% |
| Year Founded | 1989 | 2012 |
| Year Franchised | 1991 | 2013 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/Yes |
| Start-up Costs | -/- | -/Yes |
| Equipment | -/- | -/Yes |
| Inventory | -/- | -/Yes |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | - | On-The-Job Training: 17 hours Classroom Training: 24 hours |
| Support | - | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | - | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | - | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | Yes |
| International Expansion | - | - |
Company Overviews
About MAGIS Fundraising
Distinctly Magis With Magis you receive an integrated, full service fundraising and board coaching system personalized for your community organization, religious institution, or school that will guide you from where you are now to where you want to be financially. Our entire Magis Results Team weighs in on setting your strategy and leads you through a customized, step-by-step plan to fulfill your short-term and long-term goals. Looking for reliable, guaranteed growth? Look no further than Magis. You raise more money, on your schedule and meet or exceed your fundraising goals each and every year. Make changes that matter. Let Magis create a pattern of success for you to follow, starting today. Why Magis? We have the experience, insight, flexibility and resources to help your organization carry out your vision. We keep you on track, build momentum, celebrate milestones and keep an eye on your future. We increase the pace of change and create measurable, verifiable results with our integrated, full service fundraising and board coaching services. We do the actual work; You deposit the checks. We build strategies that meet your goals in your time frame. We deliver practical ways for leaders to work smarter, not harder. We leverage your talents within your organization to reach your goals faster. We have the ability to get others to change their behavior for the better. We deliver an outside expert opinion from the entire Magis Results Team including our CEO, Dick Waring, Ph. D. No travel fees for consulting. We are local and work exclusively with organizations in Northwest Ohio and Southeast Michigan. 100% money back guarantee. You select a short or long-term investment. You receive long-term benefits and lasting improvements within your organization by choosing Magis.