|
Below is an in-depth analysis and side-by-side comparison of Crestcom vs Sunbelt Business Advisors Network including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $85,345 - $101,699 | $43,450 - $104,000 |
Franchise Fee | $69,500 | $35,000 |
Royalty Fee | 35.5% | 4% |
Advertising Fee | - | - |
Year Founded | 1987 | 1979 |
Year Franchised | 1991 | 1993 |
Term Of Agreement | 7 years | 10 years |
Term Of Agreement | 7 years | 10 years |
Renewal Fee | $500 | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/Yes | No/Yes |
Start-up Costs | No/No | No/Yes |
Equipment | No/No | No/No |
Inventory | No/No | No/No |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
||
Training | Classroom Training: 44 hours Additional Training: Bi-annual meetings | Regional training |
Support | Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform | Newsletter, Meetings, Toll-free phone line, Internet |
Marketing | Ad Templates Social media SEO Website development Email marketing Loyalty program/app | Co-op advertising, National media |
Operations |
Franchise can be run from home. 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 2
Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) |
7% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 - 5
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
US Expansion | - | - |
Canada Expansion | No | No |
International Expansion | Yes | Yes |
SUNBELT started operations in 1978 in Charleston, South Carolina. The organization started diversifying in 1993 and at present has 300 workplaces all through the world. The organization is headquartered in Cleveland, Ohio.
Whether you're a first-time business visionary, or an accomplished entrepreneur searching for a synergistic business opportunity, SunbeltĀ® is the unmistakable decision in the event that you expect to begin your own particular business financier business. We are the biggest business financier establishment on the planet, and subsequently, our establishment proprietors appreciate:
Bigger domains with sufficient open door for development
Bring down start up and continuous charges
Built up Main Street AND Middle Market mark nearness
Driving edge innovation arrangements
Solid web nearness
Inventive promoting efforts
Establishment deals/resales programs with top brands