Renaissance Executive Forums vs Schooley Mitchell Franchise Comparison

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

Start-Up Costs and Fees

 
Renaissance Executive Forums Franchise
Schooley Mitchell Franchise
Investment $55,400 - $73,300$66,500 - And Up
Franchise Fee $39,500$68,000
Royalty Fee 20%8%
Advertising Fee -2%
Year Founded 19942004
Year Franchised 19942004
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $3K-


Business Experience Requirements

 
Renaissance Executive Forums Franchise
Schooley Mitchell Franchise
Experience
  • General business experience
  • Marketing skills
  • Must be able to deal with presidents, CEOs and business owners
  • -

    Financing Options

     
    Renaissance Executive Forums Franchise
    Schooley Mitchell Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/-
    Start-up Costs No/No-/-
    Equipment No/No-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support

     
    Renaissance Executive Forums Franchise
    Schooley Mitchell Franchise
    Training Online trainingThe 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, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives-
    Marketing Ad slicks, Regional advertising-
    Operations Franchise can be run from home.

    14% of all franchisees own more than one unit

    Absentee ownership of franchise is NOT allowed. (100% 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

     
    Renaissance Executive Forums Franchise
    Schooley Mitchell Franchise
    US Expansion YesYes
    Canada Expansion NoYes
    International Expansion YesYes

    Company Overviews

    About Renaissance Executive Forums

    Renaissance EXECUTIVE FORUMS is an exclusive business concept for transitioning Top Executives, Former Sales Executives and Consultants. We will take you through a qualification process that will give you detailed answers to your questions as well as qualify you into our franchise system. What we offer our Franchisee: The work you do through Renaissance EXECUTIVE FORUMS makes a real difference in the lives of the members you touch. There is no more stimulating and challenging environment for personal and professional growth, both for our members and our franchisees. Through our process you will have the opportunity to facilitate top executives seeking to take their business to the next level. Renaissance EXECUTIVE FORUMS offers a proven business model with excellent sales and marketing tools, world-class training and support that is second to none. Our marketing and operational strategies are innovative and results-driven. We have developed proprietary programs such as the Performance Management Program and Strategies for Success, top rated tools for developing personal and professional goals. Our proven business model can be adapted to your own style and offers the ultimate in flexibility. You’ll have the freedom to work when you want along with the opportunity to earn a solid, stable income while building equity through exclusive, protected territories. Your success is our success and we take every opportunity to help you achieve your goals. This unique business opportunity allows you to help others without the intense travel and transient nature that traditional coaching and consulting generally entail. You will have the control over where you spend your time.

    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