|
Below is an in-depth analysis and side-by-side comparison of AmSpirit Business Connections vs MultiVista including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $13,900 - $51,800 | $141,500 - $548,500 |
Franchise Fee | $10,000 | $20,000 - $157,500 |
Royalty Fee | 30% | 18% |
Advertising Fee | - | 2% |
Year Founded | 1997 | 2003 |
Year Franchised | 2006 | 2007 |
Term Of Agreement | 10 years +10 | - |
Term Of Agreement | 10 years +10 | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | Yes/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
||
Training | Columbus, OH 3 Days | On-The-Job Training: 26 hours Classroom Training: 352 hours Additional Training: Online self-study with corporate trainer assistance |
Support | Central Data Processing Central Purchasing Field Operation Evaluation: At Additional Cost Field Training: At Additional Cost Regional or National Meetings: At Additional Cost 800 Telephone Hotline | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software |
Marketing | - | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Email marketing |
Operations | - | Absentee Ownership Allowed Number of Employees Required to Run: 3 - 5 |
Expansion Plans |
||
US Expansion | Yes | - |
Canada Expansion | - | - |
International Expansion | - | - |
AmSpirit Business Connections organizes and supports groups of entrepreneurs, sales representatives and professionals, called Chapters, that meet each week to participate in a structured meeting format where they learn about each, develop professional relationships and exchange referrals.
We are expanding our business model across the United States by offering franchises for this popular structured networking program.
The AmSpirit Business Connections franchise opportunity is unique in that it is - Affordable - Most everyone who qualifies can be successfully operating an AmSpirit Business Connections franchise for an initial investment of well less than $15,000, which makes this one of the most affordable franchise opportunities available.
- Professional - We designed our structured networking program to service businesses exclusively, which allows our franchisees to network with and consult highly qualified entrepreneurs, sales representatives and professionals.
- Synergistic - Our structured networking program only operates a couple hours each day, this franchise opportunity dovetails nicely with (as well as helps build) our franchisees' current professional endeavor.