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Below is an in-depth analysis and side-by-side comparison of Lazerquick vs US Recognition including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $172,500 - $275,000 | $139,500 - $235,500 |
Franchise Fee | $25,000 | $40,000 |
Royalty Fee | to 5% | - |
Advertising Fee | - | - |
Year Founded | 1968 | - |
Year Franchised | 1990 | - |
Term Of Agreement | 7 years | 5 years |
Term Of Agreement | 7 years | 5 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/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/Yes | -/- |
Payroll | No/Yes | -/- |
Training & Support |
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Training | - | 2 weeks @ corporate or other location |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Ad slicks | - |
Operations |
International franchisees required to buy multiple units/master licenses; 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 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 | - |
International Expansion | No | - |
Three partners opened a copy center in 1968, changing their name from PrintRight to Lazerquick in 1990 to reflect the emergence of technology in the company and the industry.
Today, Lazerquick franchisees offer services ranging from copying and offset printing to digital printing, compact disk imaging, computer rentals and self-service desktop publishing.
Together with its affiliate, Transamerica Printing Systems, LLC, Lazerquick boasts more than 70 company-owned and franchised stores.
US Recognition is a one-stop, full service showroom for awards and recognition products. US Recognition is a combination of 4 businesses in 1; awards, embroidery, promotional products and printed apparel. US Recognition is now offering the opportunity for others to share in a growing industry with unlimited customer and product line possibilities. The US Recognition Awards and Embroidery organization offers the opportunity to implement consistent and proven operational systems thus minimizing costly errors while generating optimal results in business development. For the business owner, franchising has been proven to be the most successful method to build a small business with a 90% success rate. The US Recognition Awards & Embroidery business is designed for entrepreneurs who are dedicated and determined to succeed. Whether you are looking to start a new business or interested in expanding your current location, US Recognition's business concept incorporates site selection, facility development, inventory guidance, and operational instruction into your business vision.