| ||||
Updated RecentlyAmSpirit Business Connections vs Fitness Machine Technicians Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of AmSpirit Business Connections vs Fitness Machine Technicians including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $13,900 - $51,800 | $71,450 - $118,490 |
| Franchise Fee | $10,000 | $40,000 - $45,000 |
| Royalty Fee | 30% | 6% |
| Advertising Fee | - | 1% |
| Year Founded | 1997 | 2002 |
| Year Franchised | 2006 | 2012 |
| 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 | -/- | -/Yes |
| Equipment | -/- | -/Yes |
| Inventory | -/- | -/Yes |
| Receivables | -/- | -/Yes |
| Payroll | -/- | -/Yes |
Training & Support |
||
| Training | Columbus, OH 3 Days | On-The-Job Training: 80 hours Classroom Training: 46 hours Additional Training: Field training |
| 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 | Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software |
| Marketing | - | Ad Templates Social media SEO Website development |
| Operations | - | Absentee Ownership Allowed Number of Employees Required to Run: 1 - 2 |
Expansion Plans |
||
| US Expansion | Yes | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About AmSpirit Business Connections
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.
About Fitness Machine Technicians
As a service based franchise, we don’t have many of the expenses that burden the brick and mortar franchise owners. The benefits are:
- You can work from a home-based office or small leased space (500sf).
- You can lease or buy your technicians’ field vehicles.
- Inventory is on demand direct from suppliers as needed for repairs, so minimal storage space is needed.