LMI vs FranNet Franchise Comparison

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

Start-Up Costs and Fees
 
LMI Franchise
FranNet Franchise
Investment $20,000 - $27,500$49,175 - $87,325
Franchise Fee $15,000$15,000 - $35,000
Royalty Fee 6%10% - 30%
Advertising Fee -1.5K/Qtr
Year Founded 19801987
Year Franchised 19982006
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
LMI Franchise
FranNet Franchise
Experience --

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

Training & Support
 
LMI Franchise
FranNet Franchise
Training - On-The-Job Training: 5 days Classroom Training: 5 days
Support - Ongoing Support Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations
Marketing - Co-op Advertising National Media
Operations --

Expansion Plans
 
LMI Franchise
FranNet Franchise
US Expansion -Yes
Canada Expansion No-
International Expansion NoYes

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 FranNet

"FranNet
Learn How Franchise Ownership Can Mitigate Your Risk Of Starting Your Own Business and Help You Succeed Faster. FranNet provides education and support to individuals who are interested in exploring self employment as a career option through franchised business ownership. After all, franchising is more than just food and retail stores.
Veteran Incentives  25% off franchise fee