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Below is an in-depth analysis and side-by-side comparison of Business Round Table vs Brian Tracy Intl 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 | $50,000 |
Franchise Fee | $20,000 | N/A |
Royalty Fee | 5-10% | - |
Advertising Fee | - | - |
Year Founded | 1991 | - |
Year Franchised | 1998 | - |
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 franchisee is required to attend an intensive 4 day program with complete access to our library of business development resources. This program covers all of the key elements for building a successful Brian Tracy International business: sales and marketing, training and facilitation, business management and business development strategies. All expenses for this training session are paid for by Brian Tracy International, with the exception of meals, accommodation and travel. World-class, multi-media, interactive workshop programs. These cover topics of Time Management, Sales, Leadership, Professional Development and the Brian Tracy Professional Certificate IV programs offering nationally-recognized qualifications and funding for employers and staff (for Australia). State-of-the-art hiring and performance appraisal online assessments. These include DISC, Workplace Motivators and Sales Skills assessments plus team assessments; all utilized to help companies understand and maximize the potential of their people. E-Learning online modules. Workshop programs in module format delivered in the learning portal Brian Tracy Training Online Advantage; this transactional, PayPal system is for franchisees and the public. |
Support | Newsletter, Toll-free phone line, Internet, Field operations/evaluations | The franchisee receives on-going support, including informative new product announcements, access to our International Reference Database, and further training sessions. |
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 |
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US Expansion | Yes | No |
Canada Expansion | No | - |
International Expansion | Yes | Yes |
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.