Turbo Leadership Systems vs LMI Franchise Comparison

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

Start-Up Costs and Fees
 
Turbo Leadership Systems Franchise
LMI Franchise
Investment $33,300 - $56,800$20,000 - $27,500
Franchise Fee $29,000$15,000
Royalty Fee 10%6%
Advertising Fee --
Year Founded 19851980
Year Franchised 19951998
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements
 
Turbo Leadership Systems Franchise
LMI Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
  • Speaking skills
    		• -

    Financing Options
     
    Turbo Leadership Systems Franchise
    LMI 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
     
    Turbo Leadership Systems Franchise
    LMI Franchise
    Training --
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations-
    Marketing Co-op advertising, Ad slicks-
    Operations Franchise can be run from home.

    0% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 2

    Absentee ownership of franchise is NOT allowed.

    		-

    Expansion Plans
     
    Turbo Leadership Systems Franchise
    LMI Franchise
    US Expansion --
    Canada Expansion NoNo
    International Expansion YesNo

    Company Overviews

    About Turbo Leadership Systems

    Larry W. Dennis Sr. founded Turbo Leadership Systems in 1985. The private company began franchising in 1995 and is based in Newberg, Oregon.

    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.

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    #189 in Franchise 500 for 2020.