Dale Carnegie Training vs LMI Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Dale Carnegie Training vs LMI including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Dale Carnegie Training Franchise
LMI Franchise
Investment $93,400 - $245,800$20,000 - $27,500
Franchise Fee $20,000 - $65,000$15,000
Royalty Fee 4.5% -12%6%
Advertising Fee 3%-
Year Founded 19121980
Year Franchised 19991998
Term Of Agreement 15 years-
Term Of Agreement 15 years-
Renewal Fee $10K-


Business Experience Requirements
 
Dale Carnegie Training Franchise
LMI Franchise
Experience
  • General business experience
  • Sales and/or managerial background, established business network
    		• -

    Financing Options
     
    Dale Carnegie Training Franchise
    LMI Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    Dale Carnegie Training Franchise
    LMI Franchise
    Training Classroom Training: 52 hours-
    Support Newsletter Meetings/Conventions Grand Opening Online Support Field Operations-
    Marketing Ad Templates Social media SEO Website development Email marketing -
    Operations International franchisees required to buy multiple units/master licenses

    Number of employees needed to run franchised unit: 2 - 10

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    		-

    Expansion Plans
     
    Dale Carnegie Training Franchise
    LMI Franchise
    US Expansion Yes-
    Canada Expansion NoNo
    International Expansion YesNo

    Company Overviews

    About Dale Carnegie Training

    "How would you feel networking with the world's most refined business professionals, learning from them and making money while enjoying what you do?" - Ahmed El Daly, Franchisee, Egypt
    Dale Carnegie Training strives to build a strong, profitable name for all of our franchises globally, while remaining devoted to our mission statement: We support the growth of successful organizations by creating successful individuals through training and development solutions. The training industry is primarily comprised of fragmented small consulting firms and inefficient in-house training departments. The need for professional training organizations with proven track records is in great demand. As a franchisee, you will receive extensive training, support, benefits, and most importantly, a chance to profit from joining our team. 
    Veteran Incentives  50% off franchise fee
    "Entrepreneur
    #303 in Franchise 500 for 2020.
    #360 in Franchise 500 for 2021.


    About LMI

    LMI Canada is a leading personal, organizational and management development company with affiliate organizations around the world. We provide a PROVEN process that MEASURABLY increases performance and results in organizations. This typically guarantees a 10 times return on investment to clients in results measured through implementation of our processes that encompass leadership, management, productivity, communication, sales & assessments that deliver permanent attitude and behaviour changes.

    Becoming an LMI franchisee offers a number of benefits: Low start-up costs, a proven people development system, time-tested products, no territorial boundaries and a support structure that is second to none. There are no royalties or franchise fees after the licensee fee is paid. Licensees must order product from the Canadian Head office, which takes on the currency, shipping, inventory, and customs risks so that the licensee can just focus on selling and servicing his/her clients.

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    #189 in Franchise 500 for 2020.