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Below is an in-depth analysis and side-by-side comparison of Canadian Residential Inspection Services vs Morrison Plus Property Inspection including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $24,500 - $29,500 | $32,150 - $52,031 |
Franchise Fee | $19,500 | $23,000 |
Royalty Fee | 0 | 7% |
Advertising Fee | $100/mo | 3% |
Year Founded | 1988 | 2017 |
Year Franchised | 2001 | 2017 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | Some residential construction knowledge is an asset. Marketing skills. Position requires good communication and people skills. Must be an independent self motivated worker
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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 | 250 hours of distance education that can be completed from your home with a written exam to follow, then a full week of one- on-one practical field training that occurs at Headquarters. | - |
Support | Ongoing support. Field operations/evaluations, Meetings, Internet, Phone line | - |
Marketing | Ad slicks, National media, access to national advertising fund, relocation | - |
Operations | Franchise can be run from home. Absentee ownership of franchise is NOT allowed. Can be run without additional employees. | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | - |