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Updated RecentlyManufacturing Management Associates vs Second Opinion Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Manufacturing Management Associates vs Second Opinion including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $25,000 | $50,000 |
| Franchise Fee | $10,000 - $15,000 | $30,000 |
| Royalty Fee | 5% | - |
| Advertising Fee | - | - |
| Year Founded | 1982 | 2004 |
| Year Franchised | 1990 | 2007 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | To be determined | - |
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 | - | - |
| 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 |
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| US Expansion | - | - |
| Canada Expansion | No | Yes |
| International Expansion | No | - |
Company Overviews
About Manufacturing Management Associates
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.
About Second Opinion
It is natural to get a second opinion on major health issues; why not on major financial issues? Second Opinion offices offer financial consulting services to retail and corporate clients. We remain completely independent and unbiased and do not sell products of any kind. Our only fee is an hourly fee paid directly by our clients which gives us a major competitive advantage.