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Below is an in-depth analysis and side-by-side comparison of BeBalanced vs Red Effect Infrared Fitness including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $155,650 - $208,450 | $149,500 - $1,037,500 |
Franchise Fee | $45,000 | $45,000 |
Royalty Fee | 6% | 7% |
Advertising Fee | - | 2% |
Year Founded | - | 2016 |
Year Franchised | - | 2016 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | There are some financial and business requirements, and being experienced or educated in the field of health is helpful, but not absolutely necessary. You can run a very successful BeBalanced Hormone Weight Loss Centers franchise without a major degree. | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | No/Yes |
Start-up Costs | -/- | No/Yes |
Equipment | -/- | No/Yes |
Inventory | -/- | No/Yes |
Receivables | -/- | No/Yes |
Payroll | -/- | No/Yes |
Training & Support |
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Training | Complete product/system knowledge, business knowledge, and sales/seminar training. You will receive Dawn Cutillo's book, The Hormone "Shift", which is packed with hormone knowledge. There will also be on-site training at our flagship location in PA, so you can become the hormone "expert" to help your clients, without needing a degree in health. | On-The-Job Training: 386 hours Classroom Training: 94 hours Additional Training: 15 hours annually |
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 Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations | - | Number of Employees Required to Run: 5 |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | - | Yes |