Schooley Mitchell vs FranNet Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Schooley Mitchell vs FranNet including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
	Schooley Mitchell Franchise	FranNet Franchise
Investment	$66,500 - And Up	$49,175 - $87,325
Franchise Fee	$68,000	$15,000 - $35,000
Royalty Fee	8%	10% - 30%
Advertising Fee	2%	1.5K/Qtr
Year Founded	2004	1987
Year Franchised	2004	2006
Term Of Agreement	-	-
Term Of Agreement	-	-
Renewal Fee	-	-
Business Experience Requirements
	Schooley Mitchell Franchise	FranNet Franchise
Experience	-	-
Financing Options
	Schooley Mitchell Franchise	FranNet Franchise
	In-House/3rd Party	In-House/3rd Party
Franchise Fees	-/-	-/Yes
Start-up Costs	-/-	-/Yes
Equipment	-/-	-/-
Inventory	-/-	-/-
Receivables	-/-	-/-
Payroll	-/-	-/-
Training & Support
	Schooley Mitchell Franchise	FranNet Franchise
Training	The training provided comes in various formats. First of all, there is a 5-day initial training course held at Schooley Mitchell Corporate Office - this training can also be done remotely as well. All new Franchisees are required to take the initial training course before they begin work in a Schooley Mitchell Franchise.This training covers the operations, marketing, sales, business building and relationship building processes that are effective for Schooley Mitchell Franchisees. The course includes basic technical training and more importantly, instruction on the use of our reference manuals. It includes instruction on how to use the continuous training facilities through The Warehouse, our Intranet environment as well as two days of training using the actual software tools including live client cases. Each new Franchisee also receives an intensive first year of Business Development Mentoring and Coaching Program. This one-on-one training is comprised of tips, tools and information about Sales, Marketing, Cost Savings Analysis, Operations and The Warehouse.	On-The-Job Training: 5 days Classroom Training: 5 days
Support	-	Ongoing Support Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations
Marketing	-	Co-op Advertising National Media
Operations	Average number of employees: Flexible, mainly owner-operator. Franchisee may maintain a sole practitioner status or build as large as desired. Full-time opportunity.	-
Expansion Plans
	Schooley Mitchell Franchise	FranNet Franchise
US Expansion	Yes	Yes
Canada Expansion	Yes	-
International Expansion	Yes	Yes

Company Overviews

About Schooley Mitchell

Schooley Mitchell is a cost reduction franchise specializing in reducing business’ expenses across several
key areas. Our service is risk-free and completely independent; the only profits we earn come from

About FranNet

Learn How Franchise Ownership Can Mitigate Your Risk Of Starting Your Own Business and Help You Succeed Faster. FranNet provides education and support to individuals who are interested in exploring self employment as a career option through franchised business ownership. After all, franchising is more than just food and retail stores.

Veteran Incentives  25% off franchise fee