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Below is an in-depth analysis and side-by-side comparison of Referral Institute vs Commercial Capital Training Group including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $21,300 - $25,800 | $25,000 - $100,000 |
Franchise Fee | $8,500 - $10,500 | N/A |
Royalty Fee | 15% | - |
Advertising Fee | - | 4% local |
Year Founded | 1999 | 2009 |
Year Franchised | 2004 | 2009 |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
Renewal Fee | 25% of then-current fee | - |
Business Experience Requirements |
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Experience | - | Fundamentally we are looking for franchisees with a proven business track record who are looking for an exciting opportunity to build a successful business as part of a leading brand. We also require a positive attitude, excellent communication skills, tolerance, a passion for excellent service and a key understanding of the need to follow our system. A good sense of humour will also help! We're looking for franchisees who have: GOOD BUSINESS TRACK RECORD. THE PASSION. THE SKILL. A POSITIVE ATTITUDE. THE CHARACTER. TRUST & RESPECT. The financial requirements. |
Financing Options |
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In-House/3rd Party | In-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 |
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Training | - | We assist the new operator in the actual opening and during the critical early days. Product and operations training is provided and supported by a comprehensive series of operating procedures manuals, covering standard operations, health, hygiene and safety, training, marketing and finance. |
Support | - | On-going advice and Field Agents of the company, including equipment maintenance and unit servicing, provide support. |
Marketing | - | The company co-ordinates a central advertising and marketing operation, the scale which increases in line with the growth in Southern Fried Chicken numbers. Our strategy concentrates on reaching new customers through emphasising our major competitive points of difference resulting from our unique product range combination, and our tried and tested product quality formula. This is achieved through campaigns in newspapers, radio spots, direct mail pieces and product-sponsored promotions. We recommend that 4% of the turnover is spent on local marketing and promotion for the store. |
Operations | - | - Business can be run from home. - Business can be run part-time. |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | No | No |
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.
Millions upon millions of small businesses cannot access capital. The statistics don’t lie: The key facts prove why this industry is one of the most lucrative industries to be in because of what you’ll be able to provide. From figures taken in 2006 when the economy was good, the fact is this problem always exists with very few people knowing what to do... until they meet you. With your unique and complete business model representing a multitude of innovative capital solutions from lenders that can approve a majority of what banks turn down, your potential client base is virtually unlimited with very little competition.
Our one-of-a-kind training program allows you to successfully enter the lucrative world of commercial financing. Work wherever you want, whenever you want in this recession proof industry while earning an unlimited income.