Business Round Table vs LMI Franchise Comparison

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

Start-Up Costs and Fees

 
Business Round Table Franchise
LMI Franchise
Investment $20,000$20,000 - $27,500
Franchise Fee $20,000$15,000
Royalty Fee 5-10%6%
Advertising Fee --
Year Founded 19911980
Year Franchised 19981998
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements

 
Business Round Table Franchise
LMI Franchise
Experience --

Financing Options

 
Business Round Table Franchise
LMI Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees Yes/No-/-
Start-up Costs No/No-/-
Equipment No/No-/-
Inventory No/No-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support

 
Business Round Table Franchise
LMI Franchise
Training --
Support Newsletter, Toll-free phone line, Internet, Field operations/evaluations-
Marketing Ad slicks-
Operations Franchise can be run from home.

0% of all franchisees own more than one unit

Absentee ownership of franchise is NOT allowed.

-

Expansion Plans

 
Business Round Table Franchise
LMI Franchise
US Expansion Yes-
Canada Expansion NoNo
International Expansion YesNo

Company Overviews

About Business Round Table

Rick DesBrisay was a businessman in Moncton, New Brunswick, and a member of the Young Presidents' Organization (YPO), an international network of company presidents under 50 years of age. DesBrisay thought such an organization would be useful to Canadian small-business owners who weren't eligible for YPO membership (companies must have at least 50 employees and sales in the millions).

Business Round Table started in Moncton in 1991. At present, there are more than 125 members. There are 11 Business Round Table groups in Moncton and it is now operating in the greater Halifax area with Paul Roy. Under the guidance of John Schrempf, Business Round Table is now operating in Barrie, ON. Ram Sundar is the latest franchisee in Etobicoke, ON. There are 2 groups in Nova Scotia so far. Membership is open to experienced entrepreneurs (those who have a financial interest in a business for 5 or more years and are involved in the management of it).

Groups of 10 to 12 members meet once a month to discuss business problems and opportunities, then work together to solve problems and build more successful businesses. Franchisees in Canada and now in the United States act as facilitators and teachers for group members.

About LMI

LMI Canada is a leading personal, organizational and management development company with affiliate organizations around the world. We provide a PROVEN process that MEASURABLY increases performance and results in organizations. This typically guarantees a 10 times return on investment to clients in results measured through implementation of our processes that encompass leadership, management, productivity, communication, sales & assessments that deliver permanent attitude and behaviour changes.

Becoming an LMI franchisee offers a number of benefits: Low start-up costs, a proven people development system, time-tested products, no territorial boundaries and a support structure that is second to none. There are no royalties or franchise fees after the licensee fee is paid. Licensees must order product from the Canadian Head office, which takes on the currency, shipping, inventory, and customs risks so that the licensee can just focus on selling and servicing his/her clients.

""
#189 in Franchise 500 for 2020.