Referral Institute vs The Achievement Centre Franchise Comparison

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

Start-Up Costs and Fees
 
Referral Institute Franchise
The Achievement Centre Franchise
Investment $21,300 - $25,800$50,000 - $100,000
Franchise Fee $8,500 - $10,500$38,000
Royalty Fee 15%$725/month after first year
Advertising Fee --
Year Founded 19991985
Year Franchised 20042007
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee 25% of then-current fee-


Business Experience Requirements
 
Referral Institute Franchise
The Achievement Centre Franchise
Experience -Experience: Whether you are from business, public service or the not-for-profit sector, you have a wealth of knowledge and a strong foundation. You have seen the good, the bad and the ugly. You know what works, what does not work, and why. You are eager to share this hard-won experience with others.

Demonstrated ability to work well with team members, clients, suppliers: You know about active listening. You challenge your own preconceptions. You think before you speak. You empathize. You see issues clearly from various points of view.

Exceptional interpersonal and communication skills: Being a “people person” is not enough. You initiate. You lead. You develop leaders. You communicate. You motivate. You negotiate. You inspire those around you.

Demonstrated selling and presentation skills: You are enthusiastic. You take the initiative in sales. You are comfortable presenting new information to individuals or groups. You are quick on your feet and can think on-the-fly. You are forthright and honest. You do not let minor setbacks unduly affect your long-term plans. Community spirit: You are already well-known in the community for your good works. You are active and well-connected. You have a mentor, and you may even be a mentor to one or more persons.

Sufficient resources: You have sufficient resources to make the initial investment as well as the financial wherewithal to manage during the first year.

Financing Options
 
Referral Institute Franchise
The Achievement Centre 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
 
Referral Institute Franchise
The Achievement Centre Franchise
Training -
  • Finding qualified prospects
  • Establishing credibility and trust with your prospects
  • Asking the right questions to discover the needs and desires and create a sense of urgency to take action
  • Getting paid for the analysis process
  • Using surveys and assessments to analyze the client's business culture and strengths and supplement your income
  • Getting the prospect to tell you where they are in the buying cycle, saving you time and money
  • Facilitating in-house training
  • Creating cash flow from introductory workshops that lead to in-house sales
  • Making sure you never run out of prospects
  • Establishing clients for life
  • Getting repeat sales
  • Measuring and managing results for the client
  • Establishing a clear win-win agreement that commits everyone to achieving results
  • Recognizing needs for the next program within the company
  • Using one-on-one coaching to cement the relationship with the principal(s) of the company
  • Annual TAC conference
Support --
Marketing --
Operations -Our approach is based on two themes:

Focus - We assist the business owner/leader with planning: strategy, execution, and transition. We then provide leadership development and coaching for the business leader to help them achieve each plan.

Results - Armed with a plan, and a well prepared leader, TAC then supports the organization further by providing services in areas such as leadership development, sales training, hiring tools, and employee engagement.

Expansion Plans
 
Referral Institute Franchise
The Achievement Centre Franchise
US Expansion --
Canada Expansion No-
International Expansion No-

Company Overviews

About Referral Institute

You've heard it before. To grow your business, it isn't necessarily what you know, but who you know that can make all the difference. You can have the best product or service out there, but if no one knows about it, you can't expect your business to grow on its own. That's why it is so important for any business to develop and maintain a strong network of professionals who can help spread the word about its products or services, and refer new customers to the business. At the Referral Institute, we provide the training and tools to help business professionals gain financial success through relationship-based referral marketing. Our Referrals for Life� program is not a numbers game � it is not about spending hours making cold calls, collecting business cards, or developing a huge database of prospective customers. We don't want you to work harder to gain new business�we want you to learn how to work smarter. With the Referrals for Life program, business referrals do not happen by accident. They result from implementing, and then consistently monitoring, a well-organized referral marketing plan. The Referral Institute is an international franchised referral training and consulting company with locations in Australia, Canada, Germany, Ireland, New Zealand, the United Kingdom, Norway, Finland, Denmark, Sweden, France, the Middle East and the United States. At The Referral Institute, we'll teach you how to make all your business relationships become more valuable to you and your business. As a result, you'll not only enjoy an increased quality of life because your business is flourishing, but you will also gain lifelong relationships: Referrals for Life. If you are a motivated business professional serious about moving your business to the next level, don't wait to contact The Referral Institute headquarters near you.

About The Achievement Centre

Are you a Business Coach, Facilitator or Consultant? Are you spending your time and resources marketing yourself and looking for clients rather than using your coaching skills? It's time to take a look at the Achievement Centre. With an Achievement Centre franchise you will spend less time developing content and marketing more time bringing you, and your clients to new heights of success. We take care of the learning materials, marketing, training and assessment tools, so that you can do what you do best. You will become part of a thriving network that spans the world. This allows you to partake in large client projects, a significant source of income in our leadership franchise. For nearly 50 years The Achievement Centre's coaches have been helping their clients succeed and there has never been a higher demand for our services than right now. You will provide guidance to your clients in these areas:

At The Achievement Centre, we show our coaches ways to unlock the untapped revenue streams in their client's business. If they make more money, you will make more money too. By becoming part of our team, you become a trusted advisor and leverage your business skills to become an integral part of their business success. Benefits of joining the TAC team include: