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Updated RecentlyThe Growth Coach vs Schooley Mitchell Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of The Growth Coach vs Schooley Mitchell 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 | $66,500 - And Up |
| Franchise Fee | $39,900 - $45,900 | $68,000 |
| Royalty Fee | 10%+ | 8% |
| Advertising Fee | $200/mth | 2% |
| Year Founded | 2002 | 2004 |
| Year Franchised | 2003 | 2004 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 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 | Yes/No | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | Ongoing telephone training | The training provided comes in various formats. First of all, there is a 5-day initial training course held at Schooley Mitchell Corporate Office - this training can also be done remotely as well. All new Franchisees are required to take the initial training course before they begin work in a Schooley Mitchell Franchise.This training covers the operations, marketing, sales, business building and relationship building processes that are effective for Schooley Mitchell Franchisees. The course includes basic technical training and more importantly, instruction on the use of our reference manuals. It includes instruction on how to use the continuous training facilities through The Warehouse, our Intranet environment as well as two days of training using the actual software tools including live client cases. Each new Franchisee also receives an intensive first year of Business Development Mentoring and Coaching Program. This one-on-one training is comprised of tips, tools and information about Sales, Marketing, Cost Savings Analysis, Operations and The Warehouse. |
| 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) | Average number of employees: Flexible, mainly owner-operator. Franchisee may maintain a sole practitioner status or build as large as desired. Full-time opportunity. |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | No | Yes |
| International Expansion | Yes | Yes |
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 Schooley Mitchell
key areas. Our service is risk-free and completely independent; the only profits we earn come from