Recognition Express vs MultiVista Franchise Comparison

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

Start-Up Costs and Fees
 
Recognition Express Franchise
MultiVista Franchise
Investment $82,100 - $118,500$141,500 - $548,500
Franchise Fee $29,500$20,000 - $157,500
Royalty Fee 4-6%18%
Advertising Fee -2%
Year Founded 19722003
Year Franchised 19742007
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements
 
Recognition Express Franchise
MultiVista Franchise
Experience --

Financing Options
 
Recognition Express Franchise
MultiVista Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/NoYes/-
Start-up Costs No/No-/-
Equipment No/No-/-
Inventory No/No-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support
 
Recognition Express Franchise
MultiVista Franchise
Training - On-The-Job Training: 26 hours Classroom Training: 352 hours Additional Training: Online self-study with corporate trainer assistance
Support -Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software
Marketing -Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Email marketing
Operations -Absentee Ownership Allowed

Number of Employees Required to Run: 3 - 5


Expansion Plans
 
Recognition Express Franchise
MultiVista 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 MultiVista

Build Something With Multivista
Multivista Systems LLC is seeking solution sales-oriented entrepreneurs, interested not only in opening a location, but in building a business. We provide all of the tools and training needed to deliver our industry leading, state-of-the-art Construction Documentation Services into new markets, and opportunities are available both in the U.S. and internationally.
Why Multivista
We are state-of-the-art. Connecting solutions to clients, no one does construction documentation the way we do. We have the most in depth, highly developed visual documentation in the industry. Founded in Vancouver, British Columbia in 2003, and introduced into the United States in 2006, Multivista has grown to 43 offices worldwide and has contracted almost one billion square feet of construction projects (as of October 2013). Our documentation portfolio represents projects from virtually every vertical market in the construction industry. Multivista provides an elegant, simple solution to a complex problem. We combine service and software to tell the complete project story: a unique mixture of construction, business and technology professionals working together to provide this solution. Leveraging proprietary methodologies and software solutions to deliver photo, video and webcam services, Multivista stands out as a sophisticated, well developed and supported business opportunity.
What is Multivista
Multivista is a visual documentation technology company that provides photo, video and webcam services to the construction industry. Inspection-grade, digital photography is indexed to architectural plans by time and location, preserving a perfect record of every aspect of the project lifecycle. Capturing live and dynamic project activity, Multivista's construction webcam and video services complete the total documentation package. All photo, video and webcam data is integrated into one robust, online platform customizable to fit the daily workflow and needs of every project stakeholder.

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#494 in Franchise 500 for 2020.