Murphy Business vs InnoDraw Franchise Comparison

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

Start-Up Costs and Fees

 
Murphy Business Franchise
InnoDraw Franchise
Investment $62,350 - $123,735$7,500
Franchise Fee $39,000 - $55,000N/A
Royalty Fee 10%-
Advertising Fee --
Year Founded 19942009
Year Franchised 20062012
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Murphy Business Franchise
InnoDraw Franchise
Experience 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.
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Financing Options

 
Murphy Business Franchise
InnoDraw Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/Yes-/-
Start-up Costs -/Yes-/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Murphy Business Franchise
InnoDraw Franchise
Training On-The-Job Training: Mentoring Classroom Training: 92 hours -
Support 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.

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Expansion Plans

 
Murphy Business Franchise
InnoDraw Franchise
US Expansion YesYes
Canada Expansion Yes-
International Expansion -Yes

Company Overviews

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.

Seeking new franchise units in USA and Canada    

Veteran Incentives  $5,000 off franchise fee

About InnoDraw

INNODRAW's technology is based on several components.
1. Measuring laser range
The basis of the hardware system is a laser-based rangefinder. The device sends laser signals to objects (walls, outlets, windows, etc.) and according to the signal returned it calculates the distance from the device to the object. In addition, a direction measuring device is connected to the system which reports to the computer the exact angle at which the laser rangefinder is set.
2. Digital Mapping
By clicking on the measuring button, data about the distance and angle of the object to be measured is obtained. This data is processed on the computer and the calculation result determines exactly where the object is in space. Further to the measuring process, when data of other objects are added, an accurate map of the area is created on the computer. 
Calculations - The system allows different types of measuring. For example, a straight wall - in this case, the surveyor aims at two random dots and the system calculates the straight line which is the wall, based on a formula. A curved wall - the surveyor aims at several points along the wall and the system calculates the "curvature" of the wall and builds a collection of points along the wall - which is an accurate estimate of the curvature of the wall. 
Measurement Verification - The system allows the surveyor to verify the accuracy of the measuring by making "check and verification measurements" where the computer - according to the calculated internal map - validates the data of the verification checks
3. Friendly interface
The surveyor has many drawing tools at his disposal activated by screen touch. During the regular measuring process, the surveyor does not need to give any instructions to the computer. All he needs to do is to aim the laser beam and "scan" the walls clockwise or counterclockwise. The computer - automatically - follows the laser beam position and completes the mappings by itself. Once mapping is finished, the surveyor can use the many tools at his disposal to add relevant information to complete the overall picture.
4. Software 
At the end of the process, the software connects all the data into a perfect electronic drawing in INNODRAW's unique format - called ELC.
5. The Internet 
Upon completion of the measurement, the surveyor transmits the drawing by pushing a button on the INNODRAW server. The measuring information is automatically registered on the server. In addition, in coordination with the client, the server converts the drawing format to the specific format required by the client's, such as PDF, DXF, DWG, ORD, etc. The drawing in its final format is sent to the client to the addresses programmed on the server, including the sales manager, the designer, the production manager, etc. In addition, an email is sent to the client advising him that the measuring has been carried out and is available to the client at the site opened for him by INNODRAW.