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Updated RecentlyBusiness Round Table vs Schooley Mitchell Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Business Round Table vs Schooley Mitchell including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $20,000 | $66,500 - And Up |
| Franchise Fee | $20,000 | $68,000 |
| Royalty Fee | 5-10% | 8% |
| Advertising Fee | - | 2% |
| Year Founded | 1991 | 2004 |
| Year Franchised | 1998 | 2004 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-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 |
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| Training | - | 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, 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. | 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 |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | Yes |
| International Expansion | Yes | Yes |
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 Schooley Mitchell
key areas. Our service is risk-free and completely independent; the only profits we earn come from