Crestcom vs Schooley Mitchell Franchise Comparison

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

Start-Up Costs and Fees
 
Crestcom Franchise
Schooley Mitchell Franchise
Investment $85,345 - $101,699$66,500 - And Up
Franchise Fee $69,500$68,000
Royalty Fee 35.5%8%
Advertising Fee -2%
Year Founded 19872004
Year Franchised 19912004
Term Of Agreement 7 years-
Term Of Agreement 7 years-
Renewal Fee $500-


Business Experience Requirements
 
Crestcom Franchise
Schooley Mitchell Franchise
Experience --

Financing Options
 
Crestcom Franchise
Schooley Mitchell Franchise
  In-House/3rd PartyIn-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
 
Crestcom Franchise
Schooley Mitchell Franchise
Training Classroom Training: 44 hours Additional Training: Bi-annual meetings The training provided comes in various formats. First of all, there is a 5-day initial training course held at Schooley Mitchell Corporate Office - this training can also be done remotely as well. All new Franchisees are required to take the initial training course before they begin work in a Schooley Mitchell Franchise.This training covers the operations, marketing, sales, business building and relationship building processes that are effective for Schooley Mitchell Franchisees. The course includes basic technical training and more importantly, instruction on the use of our reference manuals. It includes instruction on how to use the continuous training facilities through The Warehouse, our Intranet environment as well as two days of training using the actual software tools including live client cases. Each new Franchisee also receives an intensive first year of Business Development Mentoring and Coaching Program. This one-on-one training is comprised of tips, tools and information about Sales, Marketing, Cost Savings Analysis, Operations and The Warehouse.
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)

Average number of employees: Flexible, mainly owner-operator. Franchisee may maintain a sole practitioner status or build as large as desired. Full-time opportunity.

Expansion Plans
 
Crestcom Franchise
Schooley Mitchell Franchise
US Expansion -Yes
Canada Expansion NoYes
International Expansion YesYes

Company Overviews

About Crestcom

 
  • Crestcom has grown to become one of the training industry's most successful and widely used management and leadership programs among Fortune magazine's Top 100 Companies. 
  •  Each month, thousands of business professionals across six continents participate in the Crestcom Bullet Proof Manager training, Crestcom's proprietary training program. 
  •  Businesses turn to Crestcom to help transform managers into leaders and generate real business results.  
  • We are in it together. Crestcom is one of the few franchisors that provides tools, techniques and training before you make a decision. 


    • About Schooley Mitchell

     
    Schooley Mitchell is a cost reduction franchise specializing in reducing business’ expenses across several
    key areas. Our service is risk-free and completely independent; the only profits we earn come from
    savings identified for our clients.
     
    *Currently offering a 12 month royalty exemption for new franchisees who are introduced to us
    before June 30th, 2022.*
    Discounts Available: Veterans - $5,000