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Updated RecentlyThe Growth Coach vs Referral Institute Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of The Growth Coach 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 | $55,000 - $76,000 | $21,300 - $25,800 |
| Franchise Fee | $39,900 - $45,900 | $8,500 - $10,500 |
| Royalty Fee | 10%+ | 15% |
| Advertising Fee | $200/mth | - |
| Year Founded | 2002 | 1999 |
| Year Franchised | 2003 | 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 | 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 |
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| Training | Ongoing telephone training | - |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet
All the right tools for success are yours! The Growth Coach gives you five great profit centers to help you quickly build your business. We'll give you everything you need to succeed -- proven systems, extensive training, unbeatable marketing and ongoing support. Strategic Workshops will be the heart and soul of your business and allow you to leverage your time and maximize income while coaching multiple clients at once. You'll also work one-on-one with clients in person, over the phone and via e-mail. Invaluable information and advice from other franchisees is at your fingertips through our interactive intranet and you will also benefit from our rapidly expanding National Accounts Network. | - |
| Marketing | Ad slicks | - |
| Operations |
Franchise can be run from home.
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 |
Company Overviews
About The Growth Coach
"Top 10 New Franchises" by Entrepreneur magazine "Top 75 Hottest Business" by Start Your Own Business magazine Business Coaching is in Huge Demand! Small business owners need business coaching in good economic times and bad. Learn to facilitate our proven coaching process and help your clients gain clarity, set goals, achieve success and balance in their personal lives. This is an extremely rewarding and potentially very profitable business where Coaches share their business experience and enjoy a flexible lifestyle helping others. With low-overhead and high margins, this recession-resistant business can be run out of your home or a small office. No travel! The Growth Coach advantages: Powerful, proven marketing program Exclusive territory Low start-up costs with no overhead No travel! Access to our National Accounts Network Operate from home or small office On-going operational support Recession-resistant Huge profit margins Cash business with no account receivables In-house financing available 5-day, onsite training Interactive intranet Local and national public relations Regional and national meetings Record of Success With more than 25 years of franchising expertise, our CEO has developed numerous National Franchise Systems, most having been ranked #1 in their respective fields. Combined, these companies have awarded more than 3,000 franchises worldwide.
About Referral Institute
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.