Recognition Express vs Above the Standard Franchise Comparison

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

Start-Up Costs and Fees

 
Recognition Express Franchise
Above the Standard Franchise
Investment $82,100 - $118,500$61,400 - $73,900
Franchise Fee $29,500$49,900
Royalty Fee 4-6%15%
Advertising Fee --
Year Founded 19721981
Year Franchised 19742010
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee --


Business Experience Requirements

 
Recognition Express Franchise
Above the Standard Franchise
Experience --

Financing Options

 
Recognition Express Franchise
Above the Standard 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

 
Recognition Express Franchise
Above the Standard Franchise
Training --
Support --
Marketing --
Operations -

Franchise can be run from home. Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators).


Expansion Plans

 
Recognition Express Franchise
Above the Standard Franchise
US Expansion --
Canada Expansion No-
International Expansion No-

Company Overviews

About Recognition Express

Recognition Express is an award-winning B2B franchise which specializes in corporate branded merchandise.

Our franchisees build and maintain relationships through customer contact and communication so as to grow and develop the business. The franchise can be run from home to save on initial costs though most franchisees do in fact operate out of a small business unit. Franchise owners receive full training and on-going business support which allows them to create the work/life balance that suits them.

About Above the Standard

*Procurement/sourcing expertise *Purchasing and management staff training *Procurement outsourcing for all or part of your purchasing department *Finance and Administrative Services *Business growth *Reduce costs and increase quality *Centralize procurement *Provide needed products or services *Build new markets in your company *Provide Just-In-Time Inventory (JIT) *Increase supply chain efficiency *Retain best value and remain competitive *Compliance *Supplier performance improvement *Support day-to-day buying activity *Policy/Procedure creation, implementation, validation *Transaction automation and processing *Bring focus to core competencies. *Develop strong end-user to provider relationship *Lower procurement related labor costs *Improve overall procurement performance *Provide greater control, reporting, and supplier compliance *Organization and internal cost performance *Data for benchmark analysis, goals, and results *Procurement personnel training *Procurement department creation and implementation