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Below is an in-depth analysis and side-by-side comparison of The Franchise Group vs Canyon Leasing including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $91,500 - $102,000 | $19,500 - $23,500 |
Franchise Fee | N/A | N/A |
Royalty Fee | - | - |
Advertising Fee | - | - |
Year Founded | 2004 | - |
Year Franchised | 2004 | - |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | Course Outline Your Company: *Creating and committing to a plan. *Checklist and information on structure *Foundation - the necessary support tools *Location and working environment Leasing: *Industry Knowledge *Uses of leasing *Competition *Various forms of leases *Lease vs. Purchase *HP Calculator Training Sales and Marketing: * Devising a sales and marketing plan * Sales promoting * Developing vendor and end user relationships Credit: * Financial statement analysis * Credit reporting and scoring Funding: * Documentation * Sources * Procedures |
Support | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | - | - |
International Expansion | - | - |
The company specialises, using its unique 'Upside Down Franchising System', in helping small and medium sized enterprises (SME's) to franchise their businesses. In a short period of time the company has grown to become the largest franchise specialist in the UK with 17 Senior Franchise Partners, 60 Franchise Partners and over 50 clients. In November 2005 the company was approached by several individuals and companies from around the world asking for International Master Licences to use the 'Upside Down Franchising System' in their own country/territory. In response to these approaches The Franchise Group has formed a company called The Franchise Group International (TFGI) to offer International Master Licences to suitable individuals and organisations throughout the world. Market research shows that the franchise market in most of the western world and several emerging nations is growing steadily with no clear market leader within our specialisation. With this in mind we believe that our 'Upside Down Franchising System' can, as in the UK, be successfully implemented throughout the world, helping SME's to successfully transform their businesses into franchises, and in turn giving excellent financial returns to the Master Franchisee and his team. Taking into account the experience and enthusiasm of the management team, the excellent existing infrastructure, together with the currently successful business, the time is now perfect for TFG to expand its franchise network by offering Master Licences to suitably qualified individuals and organisations around the world.
There are numerous benefits to becoming a Leasing Professional by training with Canyon: 1. Low Investment: Canyon Leasing makes it affordable to become your own boss. Unlike other companies who charge an exorbitant amount, Canyon Leasing offers training and support for a low investment of $19,500. You may choose to maintain a low overhead and work from home or a small office. Marketing is your only other cost, and it is totally controlled by you. With the exception of a computer, a phone and a fax, there is very little needed to open your lease broker business, no special equipment, no inventory, no shipping costs, no warehousing costs, and no employees. 2. Proven Marketing Strategy: You will work in a professional business environment assisting decision makers to finance the acquisition of equipment using equipment leasing. You will learn Canyon's proven marketing strategies developed over 25 years of growing successful businesses. 3. Canyon Leasing Training and Support: Canyon Leasing is a team of marketing specialists who have developed a meticulous and in-depth start-up training program. You will also become part of Canyon's formalized Coaching Program that will become an important part of your future success.