Batteries Plus Bulbs vs Proforma Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Batteries Plus Bulbs vs Proforma including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Batteries Plus Bulbs Franchise
Proforma Franchise
Investment $201,450 - $385,230$44,030 - $59,695
Franchise Fee $37,500$34,500
Royalty Fee 5%5-8%
Advertising Fee 1%0.25% -1%
Year Founded 19881978
Year Franchised 19921986
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee 20% of franchise fee-


Business Experience Requirements

 
Batteries Plus Bulbs Franchise
Proforma Franchise
Experience
  • General business experience
  • Marketing skills
  • People skills
  • Proforma is seeking individuals with good marketing, relationship building and sales skills. Industry knowledge or background is not necessary as product knowledge is taught during our training program.


    Financing Options

     
    Batteries Plus Bulbs Franchise
    Proforma Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/Yes
    Start-up Costs Yes/YesNo/No
    Equipment Yes/YesNo/No
    Inventory Yes/YesNo/No
    Receivables No/NoYes/No
    Payroll No/NoNo/No

    Training & Support

     
    Batteries Plus Bulbs Franchise
    Proforma Franchise
    Training Periodic store visits & regional meetings On-The-Job Training: 84 Classroom Training: 168 Additional Training: Ongoing

    Proforma Franchise Owners are provided with comprehensive training, proven marketing and sales techniques, and business development tools at Proforma's Success University, in an excellent week-long training program at the Worldwide Support Center in Cleveland, Ohio. Classroom Training: 25 hours Additional Training: At regional/annual convention

    Support National Account Sales Program With Standardized Pricing, On-line Order Capabilities, E-commerce, Real Estate & Store Design Support, On-going Field Support, Product Call Center, Intranet Site plus: Purchasing Co-ops Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet PlatformOngoing Support Newsletter Meetings/Conventions Toll-Free Line Online Support Proprietary Software Franchisee Intranet Platform
    Marketing Co-op Advertising Ad Templates Regional Advertising Social media SEO Email marketing-
    Operations 62% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 4

    Absentee ownership of franchise is allowed.

    Number of Employees Required to Run: 1

    Expansion Plans

     
    Batteries Plus Bulbs Franchise
    Proforma Franchise
    US Expansion YesYes
    Canada Expansion NoNo
    International Expansion NoYes

    Company Overviews

    About Batteries Plus Bulbs

    The first Batteries Plus Bulbs store opened as Batteries Plus in Green Bay, Wisconsin, in 1988. Batteries Plus Bulbs now has stores throughout the country selling batteries and bulbs with on-site Tech Centers that design, assemble and test battery systems. Customers include individual consumers and commercial clients such as manufacturers, service businesses and government agencies.

    The total investment necessary to begin operation of a Store is from $201,450 to $385,230. This includes $108,475 to $156,625 that must be paid to the franchisor or their affiliates. If you sign a Multiple Unit Franchise Agreement, you also must pay us $10,000 for each Store you commit to develop.
    Veteran Incentives  $10,000 off franchise fee
    #188 in Franchise 500 for 2020.

    About Proforma

    Gregory P. Muzzillo founded Proforma in 1978 with a college friend. Within one year, the business they started with $200 saw its sales grow to $250,000 and their clients expand to over 300. By 1982, sales reached $1 million and Proforma was named in successive years to Inc. Magazine's 500 Fastest Growing Companies - the only company in the business forms industry to make the list twice. To continue Proforma's rapid growth, Muzzillo looked to alternate routes. In 1986, he developed the Proforma franchise model - a network of independent distributors working together to build marketing clout and strong supplier relationships. This model proved successful, as Proforma, now in its fourth decade, has grown to nearly $400 million in sales. Proforma is the leading franchise opportunity in the $200 billion Print and Promotional Products industry. Proforma is a great opportunity for individuals who are looking for a professional opportunity to sell in a business-to-business environment. Our Franchises can be operated from a home-based office and no inventory, equipment, or retail storefront is required.

    The total investment necessary to begin operation of a Start-Up Proforma franchise is from $44,030 to $59,695. This includes a $39,000 initial fee that must be paid to the franchisor or its affiliate.
    The total investment necessary to begin operation of a Relevant Industry Experience Proforma franchise is from $5,030 to $20,695. This includes no ($0) initial fee that must be paid to the franchisor or its affiliate.
    The total investment necessary to begin operation of a Conversion Proforma franchise is from $5,030 to $20,695. This includes no ($0) initial fee that must be paid to the franchisor or its affiliate.
    Veteran Incentives  Franchise fee waived

    "Entrepreneur
    #373 in Franchise 500 for 2020.