Sanford Rose Associates vs Referral Institute Franchise Comparison

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

Start-Up Costs and Fees

 
Sanford Rose Associates Franchise
Referral Institute Franchise
Investment $11,400 - $143,580$21,300 - $25,800
Franchise Fee $7,500 - $88,000$8,500 - $10,500
Royalty Fee 6%-7%15%
Advertising Fee 0.5%-
Year Founded 19591999
Year Franchised 19702004
Term Of Agreement 7 years5 years
Term Of Agreement 7 years5 years
Renewal Fee -25% of then-current fee


Business Experience Requirements

 
Sanford Rose Associates Franchise
Referral Institute Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
  • -

    Financing Options

     
    Sanford Rose Associates Franchise
    Referral Institute Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesNo/No
    Start-up Costs No/YesNo/No
    Equipment No/YesNo/No
    Inventory No/YesNo/No
    Receivables No/YesNo/No
    Payroll No/YesNo/No

    Training & Support

     
    Sanford Rose Associates Franchise
    Referral Institute Franchise
    Training On-The-Job Training: 12 hours Classroom Training: 88 hours -
    Support Newsletter Meetings/Conventions Online Support Field Operations Franchisee Intranet Platform -
    Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing -
    Operations Franchise can be run from home.

    2% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 2 - 5

    Absentee ownership Allowed. (100% of current franchisees are owner/operators)

    -

    Expansion Plans

     
    Sanford Rose Associates Franchise
    Referral Institute Franchise
    US Expansion Yes-
    Canada Expansion NoNo
    International Expansion YesNo

    Company Overviews

    About Sanford Rose Associates

    Finding People Who Make a Difference.

    Sanford Rose Associates® understands the need to find the people who will “make a difference”. Our goal is to match human capital needs with highly qualified individuals as quickly and efficiently as possible, with the end goal of enhancing the client’s “organizational capability”.Sanford Rose Associates® is a network of independently owned and operated recruiting offices in its 50th+ year of offering executive search services. We specialize in retained search for experienced executives, management and individual contributors. We work on behalf of our client companies to search for and recruit highly qualified professionals.

    The total investment necessary to begin operation of a Sanford Rose Associates® start-up franchise is $108,250 to $143,580. This includes $88,000 that must be paid to the franchisor or its affiliate. The total investment necessary to begin operation of a Sanford Rose Associates® conversion franchise is $11,400 to $14,800. This includes $7,500 that must be paid to the franchisor or its affiliate.


    "Entrepreneur
    #321 in Franchise 500 for 2020.
    #206 in Franchise 500 for 2021.






    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.