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Updated RecentlyEliteProNet vs Murphy Business Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of EliteProNet vs Murphy Business including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $35,000 - And Up | $62,350 - $123,735 |
| Franchise Fee | N/A | $39,000 - $55,000 |
| Royalty Fee | - | 10% |
| Advertising Fee | - | - |
| Year Founded | - | 1994 |
| Year Franchised | - | 2006 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | EliteProNet franchisees must have an entrepreneurial spirit, a drive for success and because our business is founded upon relationship building, the ideal candidate also excels in customer relationships. Furthermore, our franchisees have strong business skills, moderate technology capabilities, and a good sales and customer service background. | The ideal candidate is 35 - 65 years old and meets most of the following criteria: - Is a former business owner - Is a former business buyer - Holds or has held a management level position - Wants to control his or her own destiny - Is self-confident and likes working with people to help them achieve their dreams and goals You don't need business broker experience. We will train you and provide you with the tools you need. |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/Yes |
| Start-up Costs | -/- | -/Yes |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | The 2-week intensive training will be conducted at the Elite corporate offices and continue virtually for the next 10 weeks while the franchisee begins operations in their own regional office. This includes *Understanding EliteProNet's service *Using EliteProNet's technology *Developing your Strategic Plan *Managing your office & employees *Managing your customers and prospects *Hands on classroom training *The Account Manager/Sales role *The Project Coordinator/Service role | On-The-Job Training: Mentoring Classroom Training: 92 hours |
| Support | *2 WEEK INTENSIVE CLASSROOM TRAINING *ONSITE GRAND OPENING DEVELOPMENT *ONGOING TECHNOLOGY SUPPORT *FULL PAYMENT PROCESSING SUPPORT *MARKETING & ADVERTISING SUPPORT *TURNKEY SYSTEM *BEGIN OPERATIONS IN LESS THAN 60 DAYS *NO YEARLY ROYALTY FEES *EXCLUSIVE TERRITORY RIGHTS | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform |
| Marketing | - | Ad Templates National Media Regional Advertising Social media Website development Email marketing |
| Operations | - | *Franchise can be run from home *Absentee ownership of franchise is NOT allowed. |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | - | Yes |
| International Expansion | - | - |
Company Overviews
About EliteProNet
The EliteProNet Opportunity SIMPLIFYING THE CONSTRUCTION BIDDING PROCESS FOR SUBCONTRACTORS & GENERAL CONTRACTORS EliteProNet is a nationwide network of highly qualified subcontractors. Our objective is to find qualified commercial construction projects for small to medium sized subcontractors. We continuously develop relationships with general contractors who use our network of qualified subcontractors to complete their projects. As a franchisee, you will develop an exclusive territory of both subcontractors and general contractors. You will deliver qualified project opportunities from your general contractors to your subcontractors who pay an average monthly fee of $150.00 to $200.00 to be part of the network. Although $200 sounds inexpensive, the volume of customers in your network is what creates a very large RESIDUAL monthly revenue stream. With a network of just 500 subcontractors, your monthly residual revenue stream would average $100,000! Each region consists of 3 territories with an average potential base of 1,000 customers. Most importantly, once you have enrolled and retained a new customer, that one customer will generate thousands of dollars in recurring revenue. The EliteProNet Difference ELITEPRONET HELPS HUNDREDS OF SUBCONTRACTORS GET AWARDED CONTRACTS Construction industry and trends The construction business has changed. General Contractors, like many other businesses, are increasingly using digital communication as the basis for conducting their work. They use email and digital plan rooms instead of the traditional hand shake and a tube of printed plans to hire their subcontractors. EliteProNet has adapted to these trends and offers an easy online application our subcontractors use to connect with thousands of local General Contractors who have projects up for bid. Not only do they have access to multiple projects at their fingertips, but they also have the capabilities of their local Project Coordinator who will help them get awarded the job. EliteProNet is the first company to personally represent subcontractors and bring their experience, work and bids to the attention of General Contractors around the nation. We provide jobs. Not Leads.
About Murphy Business
Murphy Business and Financial Corporation gives the new or experienced business representative with the bolster required to fabricate a fruitful business financier firm on a few fronts:
*Assist customers in the possession exchange of secretly held little to medium estimated organizations
*Working with purchasers to purchase a business
*Helping purchasers to buy another establishment business
*Providing current entrepreneurs with business valuations of their business or assess their apparatus and gear
*Assist bigger organizations with mergers and acquisitions (these organizations regularly have incomes in overabundance of $5 million)
*Provide customers with business land financier, renting, property administration and inquiry administrations.
Being a Murphy business representative is about being ready to go for yourself, not without anyone else's input. While you may work in one or the greater part of the above regions, our corporate and provincial office staff is accessible to help you in giving an entire scope of administrations for our customers.
Murphy's inventive sovereignty structure guarantees that the main part of the commission remains with you and your specialists, making the wage potential one of the most elevated in the business.
With Murphy's times of involvement in the field, you will have the bolster you have to determine issues and close business, furnishing you with income from different sources.
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