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Below is an in-depth analysis and side-by-side comparison of Lil' Angels Photography vs PortraitEFX including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $41,263 - $45,780 | $22,477 - $43,606 |
Franchise Fee | $29,500 | $9,995 |
Royalty Fee | Varies | 0 |
Advertising Fee | - | - |
Year Founded | 1996 | 2006 |
Year Franchised | 1998 | 2006 |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 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 | No/No | Yes/No |
Start-up Costs | No/No | No/Yes |
Equipment | No/No | No/Yes |
Inventory | No/No | No/Yes |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | Six-day training session, including: *Books and samples necessary to get started *Hotel (room only) and lunches *Two days of follow-up training in the field | * Available at headquarters: 1 week * At franchisee's location: upon request * Additional training available upon request On-The-Job Training: 26 hours Classroom Training: 27 hours Additional Training: Annual conference |
Support | Meetings | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | - | Co-op Advertising Ad Templates Regional Advertising Social media Website development Email marketing |
Operations |
Franchise can be run from home. 9% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | * Franchise can be run from home * 0% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 1 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | Yes |
International Expansion | Yes | - |
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