AccuTrak Inventory Specialists vs LMI Franchise Comparison

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

Start-Up Costs and Fees

AccuTrak Inventory Specialists Franchise
LMI Franchise
Investment $39,000 - $48,000$20,000 - $27,500
Franchise Fee $22,500$15,000
Royalty Fee 7%6%
Advertising Fee --
Year Founded 19931980
Year Franchised 20001998
Term Of Agreement 15 years-
Term Of Agreement 15 years-
Renewal Fee --

Business Experience Requirements

AccuTrak Inventory Specialists Franchise
LMI Franchise
  • General business experience
  • Marketing skills
  • -

    Financing Options

    AccuTrak Inventory Specialists Franchise
    LMI Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/-
    Start-up Costs No/No-/-
    Equipment No/No-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support

    AccuTrak Inventory Specialists Franchise
    LMI Franchise
    Training --
    Support Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives-
    Marketing Co-op advertising, Ad slicks, Regional advertising-
    Operations Franchise can be run from home.

    15% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 1

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)


    Expansion Plans

    AccuTrak Inventory Specialists Franchise
    LMI Franchise
    US Expansion --
    Canada Expansion NoNo
    International Expansion NoNo

    Company Overviews

    About AccuTrak Inventory Specialists

    AccuTrak has developed programs tailored to provide inventory and consulting services to virtually any business. Depending on the depth of your inventory needs, from a simple dollar value count to detailed sales reporting, we offer the appropriate program. AccuTrak's experienced staff, specialized computer software and proven methods can quickly & easily provide you with the inventory answers you need.

    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.

    #189 in Franchise 500 for 2020.