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Below is an in-depth analysis and side-by-side comparison of Inner Circle vs Biltmore Franchise Consulting including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $21,150 - $34,400 | $49,400 - $76,200 |
Franchise Fee | $14,900 | $28,000 |
Royalty Fee | 15% | 10% |
Advertising Fee | - | 10% |
Year Founded | 1985 | 2005 |
Year Franchised | 1997 | 2008 |
Term Of Agreement | 20 years | - |
Term Of Agreement | 20 years | - |
Renewal Fee | 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 | No/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 | Annual symposium & monthly conference calls | Training will be available at our company headquarters, or at another designated location, and will last for one week. Training will be conducted by members of our management team. Training will be provided for up to two persons per franchised business. Ongoing training is also available. |
Support | Newsletter, Meetings, Internet | - |
Marketing | National media | - |
Operations |
Franchise can be run from home.
Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
Inner Circle is a peer advisory group exclusively for CEO's and business owners of small to medium sized companies. Each peer group serves as an advisory board/advisory council that acts as an interactive think tank, a place where entrepreneurs come to challenge one another and be challenged. By tapping into the wisdom and objectivity of the Circle's business advisory board, members find they are able to overcome obstacles faster and with greater confidence due to the business coaching and small business advice they receive from their own personal peer advisory board.
NO LONGER FRANCHISING
Offering the opportunity for individuals to become a franchise development consultant, helping business owners prepare to sell franchises.
Franchisees can provide a valuable service to business owners, helping them develop a new source of income that would otherwise be difficult, more costly, or even impossible.