Business Round Table vs Referral Institute Franchise Comparison

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

Start-Up Costs and Fees

 
Business Round Table Franchise
Referral Institute Franchise
Investment $20,000$21,300 - $25,800
Franchise Fee $20,000$8,500 - $10,500
Royalty Fee 5-10%15%
Advertising Fee --
Year Founded 19911999
Year Franchised 19982004
Term Of Agreement 10 years5 years
Term Of Agreement 10 years5 years
Renewal Fee -25% of then-current fee


Business Experience Requirements

 
Business Round Table Franchise
Referral Institute Franchise
Experience --

Financing Options

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

Training & Support

 
Business Round Table Franchise
Referral Institute 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
Referral Institute 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 Referral Institute

You've heard it before. To grow your business, it isn't necessarily what you know, but who you know that can make all the difference. You can have the best product or service out there, but if no one knows about it, you can't expect your business to grow on its own. That's why it is so important for any business to develop and maintain a strong network of professionals who can help spread the word about its products or services, and refer new customers to the business. At the Referral Institute, we provide the training and tools to help business professionals gain financial success through relationship-based referral marketing. Our Referrals for Life� program is not a numbers game � it is not about spending hours making cold calls, collecting business cards, or developing a huge database of prospective customers. We don't want you to work harder to gain new business�we want you to learn how to work smarter. With the Referrals for Life program, business referrals do not happen by accident. They result from implementing, and then consistently monitoring, a well-organized referral marketing plan. The Referral Institute is an international franchised referral training and consulting company with locations in Australia, Canada, Germany, Ireland, New Zealand, the United Kingdom, Norway, Finland, Denmark, Sweden, France, the Middle East and the United States. At The Referral Institute, we'll teach you how to make all your business relationships become more valuable to you and your business. As a result, you'll not only enjoy an increased quality of life because your business is flourishing, but you will also gain lifelong relationships: Referrals for Life. If you are a motivated business professional serious about moving your business to the next level, don't wait to contact The Referral Institute headquarters near you.