|
Below is an in-depth analysis and side-by-side comparison of ActionCOACH vs Manufacturing Management Associates including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $81,773 - $1,111,670 | $25,000 |
Franchise Fee | $45,000 - $70,000 | $10,000 - $15,000 |
Royalty Fee | $1.95K+/mo. | 5% |
Advertising Fee | 5% | - |
Year Founded | 1993 | 1982 |
Year Franchised | 1997 | 1990 |
Term Of Agreement | 5 years | 10 years |
Term Of Agreement | 5 years | 10 years |
Renewal Fee | $2.5K | To be determined |
Business Experience Requirements |
||
Experience | ||
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | Yes/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 | Classroom Training: 5-10 days Additional Training: At various locations | - |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Online Support Field Operations Proprietary Software Franchisee Intranet Platform | Newsletter, Meetings, Internet, Field operations/evaluations |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development | Co-op advertising |
Operations |
Franchise can be run from home. 2% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) |
0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
US Expansion | Yes | - |
Canada Expansion | Yes | No |
International Expansion | Yes | No |
Founded in 1982, Manufacturing Management Associates' franchisees offer manufacturing consulting for small- to medium-sized companies including quality management, management advisory, information systems, performance improvement and engineering and technology development services.