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Below is an in-depth analysis and side-by-side comparison of Sunbelt Business Advisors Network vs Referral Institute including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $43,450 - $104,000 | $21,300 - $25,800 |
Franchise Fee | $35,000 | $8,500 - $10,500 |
Royalty Fee | 4% | 15% |
Advertising Fee | - | - |
Year Founded | 1979 | 1999 |
Year Franchised | 1993 | 2004 |
Term Of Agreement | 10 years | 5 years |
Term Of Agreement | 10 years | 5 years |
Renewal Fee | - | 25% of then-current 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/Yes | No/No |
Start-up Costs | No/Yes | No/No |
Equipment | No/No | No/No |
Inventory | No/No | No/No |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | Regional training | - |
Support | Newsletter, Meetings, Toll-free phone line, Internet | - |
Marketing | Co-op advertising, National media | - |
Operations |
7% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 - 5
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | No |
International Expansion | Yes | No |
SUNBELT started operations in 1978 in Charleston, South Carolina. The organization started diversifying in 1993 and at present has 300 workplaces all through the world. The organization is headquartered in Cleveland, Ohio.
Whether you're a first-time business visionary, or an accomplished entrepreneur searching for a synergistic business opportunity, Sunbelt® is the unmistakable decision in the event that you expect to begin your own particular business financier business. We are the biggest business financier establishment on the planet, and subsequently, our establishment proprietors appreciate:
Bigger domains with sufficient open door for development
Bring down start up and continuous charges
Built up Main Street AND Middle Market mark nearness
Driving edge innovation arrangements
Solid web nearness
Inventive promoting efforts
Establishment deals/resales programs with top brands
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.