|
Below is an in-depth analysis and side-by-side comparison of PRO - President's Resource Organization vs Inner Circle including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $18,900 - $63,000 | $21,150 - $34,400 |
Franchise Fee | $8,500 - $35,000 | $14,900 |
Royalty Fee | 20% | 15% |
Advertising Fee | - | - |
Year Founded | 1993 | 1985 |
Year Franchised | 1999 | 1997 |
Term Of Agreement | - | 20 years |
Term Of Agreement | - | 20 years |
Renewal Fee | - | Then current fee |
Business Experience Requirements |
||
Experience | ||
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/No | No/No |
Start-up Costs | No/No | No/No |
Equipment | No/No | No/No |
Inventory | No/No | No/No |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
||
Training | - | Annual symposium & monthly conference calls |
Support | Newsletter, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | Newsletter, Meetings, Internet |
Marketing | - | National media |
Operations |
Franchise can be run from home.
Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Franchise can be run from home.
Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
US Expansion | - | - |
Canada Expansion | No | No |
International Expansion | Yes | Yes |
PRO peer advisory boards for businesses are groups of business owners and local entrepreneurs who meet monthly to pool their experiences and ideas; a CEO Advisory Board. For more than 17 years, small businesses have used PRO peer advisory boards. PRO accelerates your business growth by tapping into the collective wisdom of the group. Benefits of PRO peer advisory groups: You lose that feeling of being alone at the top. You learn that being in business for yourself doesn't mean being in business by yourself. You share your business problems and challenges in a confidential setting with others who have "been there, done that". ..... and much more!
Inner Circle is a peer advisory group exclusively for CEO's and business owners of small to medium sized companies. Each peer group serves as an advisory board/advisory council that acts as an interactive think tank, a place where entrepreneurs come to challenge one another and be challenged. By tapping into the wisdom and objectivity of the Circle's business advisory board, members find they are able to overcome obstacles faster and with greater confidence due to the business coaching and small business advice they receive from their own personal peer advisory board.