Compound Profit vs House of Colour Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Compound Profit vs House of Colour including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$25,000 | $18,345 - $33,250 |
Franchise Fee |
$15,000 | $16,000 |
Royalty Fee |
6% | 0 |
Advertising Fee |
- | - |
Year Founded |
2006 | - |
Year Franchised |
2006 | - |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | -/- |
Start-up Costs |
-/- | -/- |
Equipment |
-/- | -/- |
Inventory |
-/- | -/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
Training |
- | - |
Support |
- | We provide ongoing support both locally and from Head Office through formal ongoing training opportunities and informal mentoring. |
Marketing |
- | - |
Operations |
- | - |
Expansion Plans |
US Expansion |
- | - |
Canada Expansion |
- | - |
International Expansion |
- | Yes |
Company Overviews
About Compound Profit
Compound Profit provides working capital and equipment to companies, while its "Profit Advisors” simultaneously coach clients on how to create credit assets, increase earnings, and decrease losses and risk. With decades of experience in finance and business, Compound Profit’s team empowers clients with the know-how to make their companies profitable and healthy. This approach stabilizes small- to medium-sized ventures and positions them for increased funding opportunities. Launched in Texas, Compound Profit has expanded nationwide and operates under a successful franchise model. With its national expansion, Compound Profit is growing to 300 franchised locations across the United States and will employ 6,000 account executives.
Owning a Compound Profit franchise is like owning several franchises in one
because you provide multiple fundamental business services to your
clients.
About House of Colour
Your Rewards - Image Consultant Training
Welcome to House of Colour now in our 26th Year.
Firstly may we emphasise the enormous potential for material and personal growth, in the exciting and expanding field of Colour Analysis and Image Consultancy.
The House of Colour Franchise is a "Business Format Franchise" which gives you the benefit of owning your own business under the "umbrella" of a major name. This enables you to start with all the know-how and expertise of the main company House of Colour and puts you more than one step ahead of anyone else. Please remember, we are looking for Consultants who want to be true Professionals. We are neither party-plan, multi-level nor are we an "anything goes" company.
The benefits of becoming an Image Consultant Franchisee with House of Colour include:
Flexible working hours to fit around your lifestyle and family - Whether you want a change of career, a full time opportunity that enables you to make a real difference to people's lives or a new part time challenge, the flexibility of a House of Colour Franchise offers you the opportunity to generate a healthy income. We offer you a low cost start-up programme which enables you to start in your home or take a small shop, work in a beauty salon/health club or in a large department store.
Financial Reward - House of Colour Consultants are trained to work smart and build a business that delivers considerable financial rewards. Clients follow a full programme of classes you are trained to offer and return again and again for a lifetime of our high quality products providing you with repeat business that builds value into your business should you wish to sell at some time in the future. There is also the opportunity to build your business by taking on others to sub contract to you as your consultancy grows. There are no ongoing royalties to pay!
Extensive training and on-going company support - We pride ourselves on giving the most comprehensive and substantial training on this subject, covering the history, background and theory on which the whole concept is based. Some questions to consider:
"Can you expect to make a serious and competent career change with less than two weeks training?"
"Would you choose to pay to have your colours done by someone who had only 3 or 4 days training?"
"Are you prepared to take responsibility for changing someone's life with less than the best training on offer?"
The Image Consultant training programme itself is the most comprehensive package available in the United Kingdom and to prove it House of Colour has achieved the coveted Investor in People award. We were accredited for the first time in 1996 and in order to keep the IIP status, we must undergo formal assessments on a regular basis. We are the only company in our industry to have achieved this award. It is recognised by all growing, progressive companies in the UK and gives us quite an edge in the corporate market.
There is a great deal more to becoming an effective and professional Image Consultant with a successful business than just being able to tell what "season" your clients are! House of Colour is committed to providing ongoing support.
Job Satisfaction - We take our clients on a wonderful journey to a destination where they will look their best every day. Their self esteem will escalate and the benefits, both internal and external, will last a lifetime. Facilitating this transformation is a deeply rewarding experience.
A protected exclusive area - You will have an exclusive area, which means House of Colour consultants can work as a team, we do not compete with each other- Result:- camaraderie and a protected investment.