|
Below is an in-depth analysis and side-by-side comparison of Nextaff vs Manufacturing Management Associates including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $55,000 - $130,000 | $25,000 |
Franchise Fee | $25,000 | $10,000 - $15,000 |
Royalty Fee | up to 8% of Gross Wages | 5% |
Advertising Fee | 1% of Gross Wages | - |
Year Founded | 1998 | 1982 |
Year Franchised | 2004 | 1990 |
Term Of Agreement | - | 10 years |
Term Of Agreement | - | 10 years |
Renewal Fee | - | To be determined |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | Yes/No |
Start-up Costs | No/Yes | No/No |
Equipment | No/Yes | No/No |
Inventory | No/No | No/No |
Receivables | No/Yes | No/No |
Payroll | No/Yes | No/No |
Training & Support |
||
Training | - | - |
Support | - | Newsletter, Meetings, Internet, Field operations/evaluations |
Marketing | - | Co-op advertising |
Operations | - |
0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
US Expansion | Yes | - |
Canada Expansion | No | No |
International Expansion | No | No |
Founded in 1982, Manufacturing Management Associates' franchisees offer manufacturing consulting for small- to medium-sized companies including quality management, management advisory, information systems, performance improvement and engineering and technology development services.