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Updated RecentlyLMI vs Criterium Engineers Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of LMI vs Criterium Engineers including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $20,000 - $27,500 | $66,175 - $125,950 |
| Franchise Fee | $15,000 | $49,500 - $79,500 |
| Royalty Fee | 6% | 6% |
| Advertising Fee | - | - |
| Year Founded | 1980 | 1957 |
| Year Franchised | 1998 | 0 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal 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 | -/- | Yes/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | - | Training is an intensive 5-days provided at our offices in Portland, Maine. We invite you and an unlimited number of your supervisory employees to attend. Training instruction covers franchise administrative matters, bookkeeping and reporting systems, marketing, customer service and technical training. We do not require persons owning offices which convert from the Predecessor Company's "Home Inspection Consultants" network to attend the initial training program. |
| Support | - | Every other year, we host a conference with featured speakers addressing a wide range of engineering and business development topics. We also sponsor additional programs, webinars and seminars periodically, to keep our engineers updated and informed about relevant engineering- and real estate-related developments and trends. Technical support Business support Marketing support |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
About LMI
LMI Canada is a leading personal, organizational and management development company with affiliate organizations around the world. We provide a PROVEN process that MEASURABLY increases performance and results in organizations. This typically guarantees a 10 times return on investment to clients in results measured through implementation of our processes that encompass leadership, management, productivity, communication, sales & assessments that deliver permanent attitude and behaviour changes.
Becoming an LMI franchisee offers a number of benefits: Low start-up
costs, a proven people development system, time-tested products, no
territorial boundaries and a support structure that is second to none.
There are no royalties or franchise fees after the licensee fee is paid.
Licensees must order product from the Canadian Head office, which takes
on the currency, shipping, inventory, and customs risks so that the
licensee can just focus on selling and servicing his/her clients.
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About Criterium Engineers
!["Criterium]("https://fddexchange.com/wp-content/uploads/2020/08/Criterium-Engineers-300x109.png")
Criterium Engineers is a consulting engineering franchise available to licensed professional engineers.
The company specializes in building inspection and evaluation services for buyers, investors and building owners and managers.
Among these are corporations, attorneys, insurance adjusters, lenders and government agencies.
Services include pre-purchase inspections, insurance investigations, due diligence, maintenance planning, litigation support, reserve studies, environmental site assessments, and construction monitoring and plan review.
In business over 45 years, the company offers franchisees systems for operating a consulting business and providing engineering services that include business management, marketing, insurance, and referrals.