|
Below is an in-depth analysis and side-by-side comparison of Crestcom vs Winfree including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $85,345 - $101,699 | $75,000 - $250,000 |
Franchise Fee | $69,500 | $50,000 |
Royalty Fee | 35.5% | $500/month-$2,000/month |
Advertising Fee | - | - |
Year Founded | 1987 | - |
Year Franchised | 1991 | - |
Term Of Agreement | 7 years | - |
Term Of Agreement | 7 years | - |
Renewal Fee | $500 | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/Yes | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
Training | Classroom Training: 44 hours Additional Training: Bi-annual meetings | - |
Support | Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform | - |
Marketing | Ad Templates Social media SEO Website development Email marketing Loyalty program/app | - |
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) | - |
Expansion Plans |
||
US Expansion | - | - |
Canada Expansion | No | No |
International Expansion | Yes | No |
WINFREE OWNER BUSINESS COACHING AND MENTORING (Profitable Business Growth) Coach, Mentor and Train Executives in any Organization (Profit and Non-Profit) Recruiting and Hiring - Identifying the best-fit candidate Management Roles - Changing your role as the owner as your people grow Management Behaviors - Coaching your team towards mutual growth Staging Effective Sales Meetings - Creating an effective and constructive meeting Territory Management - Setting up the best plan Compensation for Sales People - Areas to consider before hiring Criteria for Performance Excellence - Core values and concepts (Baldrige National Quality Program) Valuing Small and Mid Size Businesses and Professional Practices - Methods and approaches Exit Strategies for the Privately Held Company - Impact on owner and business and the sale of the business or key parts of the business ($1 to $20 million EBITDA) The Heart of Business Coaching - Enhancing performance through coaching The Heart of Business Leadership - The act of stewardship, legal documents, risk management and wealth management The Four Keys to Marketing - Price, brand, packaging, and relationship The Universal Language of DISC - Understanding yourself and others NLP at Work - NEURO LINGUISTIC PROGRAMMING Five Phases of Selling - The Winfree Sales Training System WINFREE SALES TRAINING AND MARKETING PROGRAM 1. Coach, Mentor and Train Sales People and Executives that Sell