Shred-it vs Gemma Business Brokers Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Shred-it vs Gemma Business Brokers including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Shred-it Franchise
Gemma Business Brokers Franchise
Investment $50,000 - And Up$79,225 - $119,225
Franchise Fee N/A$37,000
Royalty Fee -8% Annual min. $10,000
Advertising Fee -2%
Year Founded 19881998
Year Franchised 02009
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Shred-it Franchise
Gemma Business Brokers Franchise
Experience --

Financing Options
 
Shred-it Franchise
Gemma Business Brokers Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Shred-it Franchise
Gemma Business Brokers Franchise
Training --
Support -The Gemma CRM platform helps you: o Manage accounts and contacts, giving you a complete customer picture at a glance o Track sales opportunity-related data including milestones, decision makers, customer communications, and key documentation throughout Gemma's standardized sales process. o Provide Analytics: Get the real-time status of your business at a glance with key reports on value of your pipeline and revenue forecasts o Develop Email Marketing Tools: tools and templates are provided to help build, manage, and track email blasts as well as individual email communications to help generate new leads
Marketing --
Operations --

Expansion Plans
 
Shred-it Franchise
Gemma Business Brokers Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -Yes

Company Overviews

About Shred-it

Shred-it is dedicated to being the World's Leading Mobile Shredding and Recycling Company.

We have achieved this goal on the strengths of our people. Shred-it consistently delivers the greatest security, cost effectiveness, convenience and environmentally-friendly service available.

Our ongoing prosperity is a matter of continuing to attract the best people to our organization - a core principle of our company from the outset.

About Gemma Business Brokers

Operate your own business but have full access to shared learning and experience. You work for yourself but not by yourself. Select your own place of work - home office, downtown location, shared office, virtual office Pay royalties only when deals are closed. Our royalty system is based entirely on deal flow - there is no set monthly fee, any royalty is paid only when deals are closed. This arrangement underscores our commitment to our franchisees' success and our determination to ensure existing branch offices are successful before awarding new locations. Have access to state-of-the art proprietary software packages. Have the benefit of ongoing training and education on marketing, administration and operations, including training on the Gemma approach to business valuation and pricing; deal negotiations and marketing your clients' opportunities. You also have ongoing career development opportunities through an exclusive arrangement for access to online executive education from Cornell University's Johnson Graduate School of Business (hyperlink). Enjoy marketing assistance - plans and advertising templates to help you keep your company visible in your marketplace.

With a Gemma Business Broker Franchise, you choose where you want to work. Some franchisees choose a home office, others share a rented space.

Our proprietary back office system allows you to stay connected with the company, as well as with your growing list of clients and prospects. A custom CRM (customer relationship management) tool provides the services you need.

  • Contact management
  • Sales tracking, including documentation
  • Data Analysis so you can see where your business is and where it should be
  • E-mail marketing tools

It’s never been more affordable to develop a successful business brokerage. With the knowledge and systems from an experienced leader, Gemma Business Brokers, is behind you and with you all the way.