The Franchise Group vs Above the Standard Franchise Comparison

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

Start-Up Costs and Fees

 
The Franchise Group Franchise
Above the Standard Franchise
Investment $91,500 - $102,000$61,400 - $73,900
Franchise Fee N/A$49,900
Royalty Fee -15%
Advertising Fee --
Year Founded 20041981
Year Franchised 20042010
Term Of Agreement -10 years
Term Of Agreement -10 years
Renewal Fee --


Business Experience Requirements

 
The Franchise Group Franchise
Above the Standard Franchise
Experience --

Financing Options

 
The Franchise Group Franchise
Above the Standard Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
The Franchise Group 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

 
The Franchise Group Franchise
Above the Standard Franchise
US Expansion --
Canada Expansion --
International Expansion --

Company Overviews

About The Franchise Group

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.

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