Proforma vs SportsXpress Franchise Comparison

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

Start-Up Costs and Fees
 
Proforma Franchise
SportsXpress Franchise
Investment $44,030 - $59,695$15,000 - And Up
Franchise Fee $34,500$15,000
Royalty Fee 5-8%10% which includes a 2% towards training fund
Advertising Fee 0.25% -1%-
Year Founded 1978-
Year Franchised 1986-
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Proforma Franchise
SportsXpress Franchise
Experience

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.

* Passion for sports * Strong people skills * Small financial investment

Financing Options
 
Proforma Franchise
SportsXpress Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/Yes-/-
Start-up Costs No/No-/-
Equipment No/No-/-
Inventory No/No-/-
Receivables Yes/No-/-
Payroll No/No-/-

Training & Support
 
Proforma Franchise
SportsXpress Franchise
Training

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 Ongoing Support Newsletter Meetings/Conventions Toll-Free Line Online Support Proprietary Software Franchisee Intranet Platform -
Marketing --
Operations Number of Employees Required to Run: 1-

Expansion Plans
 
Proforma Franchise
SportsXpress Franchise
US Expansion YesYes
Canada Expansion NoYes
International Expansion Yes-

Company Overviews

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.

About SportsXpress

SportsXpress is a grassroots, multi-media publishing platform dedicated exclusively to the community sports lifestyle! We’re all about the athletes, their teams, coaches, families, volunteers and fans. We publish real life stories and include all ages and skill levels.

Our business plan was derived from the evident lack of coverage of local organized sports. Through discussions with numerous groups and associations we also discovered those involved in local sports view it as more of a "lifestyle" - an important part of their identity. Later, we discovered the local sports scene is one of the largest lifestyle segments in any community and across the country.

In the spring of 2008 we launched a test model and have been developing the playbook ever since.

We are excited to invite you to be a part of this distinct lifestyle - one that we call a “hidden economy”, and look forward to working with you on developing your winning game plan.