Elevated AI Inc. vs Thriveworks Franchise Comparison

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

Start-Up Costs and Fees
 
Elevated AI Inc. Franchise
Thriveworks Franchise
Investment $10,000 - $150,000$16,700 - $79,282
Franchise Fee N/A$10,000 - $20,000
Royalty Fee -3%
Advertising Fee -1%
Year Founded 20172008
Year Franchised 20182013
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Elevated AI Inc. Franchise
Thriveworks Franchise
Experience --

Financing Options
 
Elevated AI Inc. Franchise
Thriveworks Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Elevated AI Inc. Franchise
Thriveworks Franchise
Training Online On-The-Job Training: 1-2 days Classroom Training: 3 days Additional Training: At company-owned center
Support Ongoing Support Newsletter Advertising/Marketing Sales Leads Technical Support Online SupportPurchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations
Marketing --
Operations - Business can be run from home. - Business can be run part-time. -

Expansion Plans
 
Elevated AI Inc. Franchise
Thriveworks Franchise
US Expansion YesYes
Canada Expansion --
International Expansion --

Company Overviews

About Elevated AI Inc.

Elevated AI transforms IT Services & Support from time-consuming, insufficient, and expensive to real-time, efficient, and cost-effective.
Immediate Nationwide Service For Your Local Business.
The Fourth Industrial Revolution is empowering people to work smarter using robotics, AI, the Internet of Things, and more. Elevated AI Inc. wants to be the world’s #1 Real-Time Tech Support platform and help create a future with endless opportunities and possibilities for all our clients, partners, and employees.

About Thriveworks

A Thriveworks franchise is a unique turn-key counseling business opportunity unlike anything else in the field. Thriveworks is the country’s fastest growing brand of counseling centers and offers well-qualified franchisees a therapy practice with:

A Thriveworks practice could be the right investment for your career and future.  Are you ready?

The Initial Franchise Fee is $10,000 to convert an existing practice into a Thriveworks center (“Conversion Model”) or $20,000 for a new startup center (“Standard Model”) with exclusive rights to operate in a specific area as defined by the franchisor. Additional franchises will be available for a reduced fee of $5,000 per Franchise.
The total investment necessary to begin operation of a Thriveworks Franchise ranges from $16,700 to $31,800 for a Conversion Model and from $36,100 to $79,282 for a Standard Model which will depend on a number of factors that are fully discussed in Item 7. This includes the Initial Franchise Fee of $10,000 for a Conversion Model or $20,000 for a Standard Model (as discussed in Item 5) that must be paid to Thriveworks Franchising LLC or an affiliate.