LMI vs FranchiseInc Franchise Comparison

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

Start-Up Costs and Fees
 
LMI Franchise
FranchiseInc Franchise
Investment $20,000 - $27,500$27,300 - $40,000
Franchise Fee $15,000$22,500
Royalty Fee 6%$1300/month
Advertising Fee --
Year Founded 19801995
Year Franchised 19982006
Term Of Agreement -5 years
Term Of Agreement -5 years
Renewal Fee -$5000


Business Experience Requirements
 
LMI Franchise
FranchiseInc Franchise
Experience --

Financing Options
 
LMI Franchise
FranchiseInc Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
LMI Franchise
FranchiseInc Franchise
Training -* Available at headquarters: 5 days

* Mentoring by teleconference: 52 weeks
Support --
Marketing --
Operations --

Expansion Plans
 
LMI Franchise
FranchiseInc Franchise
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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#189 in Franchise 500 for 2020.

About FranchiseInc

Earn Executive Income - Become A Franchise Consultant!

Franchising is a multi-trillion dollar industry with more than 40 concept segments employing and serving millions of American consumers. There are only a few hundred brokers and consultants today. This new emerging career field can produce earnings from the sale of a single franchise of $7,500, $15,000 or more. Joining FranchiseInc! and our network of franchisee consultants you could easily pay for your business in as little as two (2) to four (4) sales. We provide you 30 fresh leads of interested buyers every month, you get world class support, excellent training, leading technology, and an international marketplace all for a small franchise fee.