Leadership Management vs Second Opinion Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Leadership Management vs Second Opinion including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Leadership Management Franchise
Second Opinion Franchise
Investment $20,000 - $27,500$50,000
Franchise Fee $15,000$30,000
Royalty Fee 6%-
Advertising Fee --
Year Founded 19652004
Year Franchised 19652007
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Leadership Management Franchise
Second Opinion Franchise
Experience --

Financing Options

 
Leadership Management Franchise
Second Opinion 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

 
Leadership Management Franchise
Second Opinion Franchise
Training On-The-Job Training: Ongoing Classroom Training: 7 hours Additional Training: Teleconferences -
Support Newsletter Meetings/Conventions Toll-Free Line Online Support Field Operations-
Marketing --
Operations Absentee Ownership Allowed Number of Employees Required to Run: 2 - 10-

Expansion Plans

 
Leadership Management Franchise
Second Opinion Franchise
US Expansion Yes-
Canada Expansion NoYes
International Expansion Yes-

Company Overviews

About Leadership Management

Paul J. Meyer founded Leadership Management Inc. (LMI) in 1965 to help companies develop leadership skills in their workers. The company provides a line of programs and courses designed to help people achieve their professional and personal goals. LMI's programs are produced in 23 languages and have been marketed in more than 60 countries.

#267 in Franchise 500 for 2021.   Not in Franchise 500 for 2020.

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.