Crestcom vs FranNet Franchise Comparison

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

Start-Up Costs and Fees
 
Crestcom Franchise
FranNet Franchise
Investment $85,345 - $101,699$49,175 - $87,325
Franchise Fee $69,500$15,000 - $35,000
Royalty Fee 35.5%10% - 30%
Advertising Fee -1.5K/Qtr
Year Founded 19871987
Year Franchised 19912006
Term Of Agreement 7 years-
Term Of Agreement 7 years-
Renewal Fee $500-


Business Experience Requirements
 
Crestcom Franchise
FranNet Franchise
Experience --

Financing Options
 
Crestcom Franchise
FranNet Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees Yes/Yes-/Yes
Start-up Costs No/No-/Yes
Equipment No/No-/-
Inventory No/No-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support
 
Crestcom Franchise
FranNet Franchise
Training Classroom Training: 44 hours Additional Training: Bi-annual meetings On-The-Job Training: 5 days Classroom Training: 5 days
Support Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform Ongoing Support Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations
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)

-

Expansion Plans
 
Crestcom Franchise
FranNet Franchise
US Expansion -Yes
Canada Expansion No-
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 FranNet

    "FranNet
    Learn How Franchise Ownership Can Mitigate Your Risk Of Starting Your Own Business and Help You Succeed Faster. FranNet provides education and support to individuals who are interested in exploring self employment as a career option through franchised business ownership. After all, franchising is more than just food and retail stores.
    Veteran Incentives  25% off franchise fee