CMIT Solutions vs Fast-teks Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of CMIT Solutions vs Fast-teks including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
CMIT Solutions Franchise
Fast-teks Franchise
Investment $94,470 - $127,350$45,000 - $60,000
Franchise Fee $49,950 - $57,700$27,750
Royalty Fee 6%7%
Advertising Fee 2%-
Year Founded 19942003
Year Franchised 19982004
Term Of Agreement 10 years7 years
Term Of Agreement 10 years7 years
Renewal Fee $1000-


Business Experience Requirements

 
CMIT Solutions Franchise
Fast-teks Franchise
Experience
  • General business experience
  • Proven relationship builder Consultative approach to solving business issues
  • Management experience
  • -

    Financing Options

     
    CMIT Solutions Franchise
    Fast-teks Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesNo/No
    Start-up Costs No/YesNo/No
    Equipment No/YesNo/No
    Inventory No/YesNo/No
    Receivables No/NoNo/No
    Payroll No/YesNo/No

    Training & Support

     
    CMIT Solutions Franchise
    Fast-teks Franchise
    Training First, you'll attend an on-site franchisee training program at our home office in Austin, Texas. The agenda is packed with information on service methodology, recruiting and interviewing skills, commanding top margins, marketing and sales best practices, and more. We'll show you how to build a professional business with recurring revenue streams. We offer interactive, hands-on training to fine-tune the skills you'll need most in your new computer services career. Classroom Training: 82.5 hours Additional Training: 2 weeks onsite in Austin, TX -
    Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform -
    Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing -
    Operations Franchise can be run from home.

    15% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 1 - 10

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    -

    Expansion Plans

     
    CMIT Solutions Franchise
    Fast-teks Franchise
    US Expansion Yes-
    Canada Expansion YesNo
    International Expansion NoNo

    Company Overviews

    About CMIT Solutions

    We are innovation masters and besides, are master guides who know how to offer assistance. Our national system of CMIT Technicians help individuals capitalize on their innovation speculations, regardless of whether in the work environment or at home.

    CMIT Solutions gives mission basic outsourced IT administrations to organizations of all sizes. Since 1996, we've been building long haul associations with our clients and helping them develop.

    The visionary initiative of our administration group, together with the administrations offered by CMIT Solutions, consolidate to make an intense and ground breaking organization that is impeccably situated to end up distinctly the business pioneer in focused markets.

    Many of our most successful franchisees come from other backgrounds, such as finance, sales, marketing, and project management and have learned the IT industry as they go. Most CMIT Solutions’ owners, including the top quartile, had no IT background prior to joining CMIT.
    Veteran Incentives  20% off first-unit franchise fee
    "World     "Entrepreneur
    #124 in Franchise 500 for 2020.
    #198 in Franchise 500 for 2021.

    About Fast-teks

    More than ever before, small and medium-sized businesses are seeking a complete IT solution for all their needs. As mobile and web platforms develop and businesses rely more on technology, outsourcing of computer specialists will continue to grow. Fast-teks delivers proactive computer and network maintenance services designed to reduce costs, increase profits and mitigate business risk.
    We are seeking professionals that possess strong management and sales skills. Our franchise owners do not need prior computer-related experience to be successful. In fact, our top producing franchises have come from various industries unrelated to technology. Our owners do not fix or repair computers. Fast-teks franchise owners manage a staff of technicians that travel to and conduct all of our services remotely or at the site of the client.