Start-Up Costs and Fees |
||
| Crestcom | Renaissance Executive Forums | |
| Investment | 85345 - 101699 | 55400 - 73300 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 35.50% | 20% |
| Advertising Fee | ||
| Year Founded | 1987 | 1994 |
| Year Franchised | 1991 | 1994 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Crestcom | Renaissance Executive Forums | |
| Experience | General business experience Marketing skills Must be able to deal with presidents, CEOs and business owners | |
Financing Options |
||
| Crestcom | Renaissance Executive Forums | |
| Franchise Fees | Yes | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Crestcom | Renaissance Executive Forums | |
| Training | Classroom Training: 44 hours Additional Training: Bi-annual meetings | Online training |
| Support | Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | Ad Templates Social media SEO Website development Email marketing Loyalty program/app | Ad slicks, Regional advertising |
| Operations | Franchise can be run from home. 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 2 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) | Franchise can be run from home. 14% of all franchisees own more than one unit Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
| Crestcom | Renaissance Executive Forums | |
| US Expansion | Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Louisiana, Massachusetts, Maryland, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, West Virginia, Wyoming, | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Crestcom | |
| Renaissance Executive Forums | |
| Franchise Fee | |
| Crestcom | |
| Renaissance Executive Forums | |
| Royalty Fee | |
| Crestcom | 35.50% |
| Renaissance Executive Forums | 20% |
| Advertising Fee | |
| Crestcom | |
| Renaissance Executive Forums | |
| Year Founded | |
| Crestcom | 1987 |
| Renaissance Executive Forums | 1994 |
| Year Franchised | |
| Crestcom | 1991 |
| Renaissance Executive Forums | 1994 |
| Term Of Agreement | |
| Crestcom | 7 years |
| Renaissance Executive Forums | 10 years |
| Renewal Fee | |
| Crestcom | $500 |
| Renaissance Executive Forums | $3K |
Business Experience Requirements |
|
| Experience | |
| Crestcom | |
| Renaissance Executive Forums | General business experience Marketing skills Must be able to deal with presidents, CEOs and business owners |
Financing Options |
|
| Franchise Fees | |
| Crestcom | Yes |
| Renaissance Executive Forums | Yes |
| Start-up Costs | |
| Crestcom | |
| Renaissance Executive Forums | |
| Equipment | |
| Crestcom} | |
| Renaissance Executive Forums | |
| Inventory | |
| Crestcom | |
| Renaissance Executive Forums | |
| Receivables | |
| Crestcom | |
| Renaissance Executive Forums | |
| Payroll | |
| Crestcom | |
| Renaissance Executive Forums | |
Training & Support |
|
| Training | |
| Crestcom | Classroom Training: 44 hours Additional Training: Bi-annual meetings |
| Renaissance Executive Forums | Online training |
| Support | |
| Crestcom | Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
| Renaissance Executive Forums | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Crestcom | Ad Templates Social media SEO Website development Email marketing Loyalty program/app |
| Renaissance Executive Forums | Ad slicks, Regional advertising |
| Operations | |
| Crestcom | Franchise can be run from home. 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 2 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) |
| Renaissance Executive Forums | Franchise can be run from home. 14% of all franchisees own more than one unit Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Crestcom | |
| Renaissance Executive Forums | Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Louisiana, Massachusetts, Maryland, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, West Virginia, Wyoming, |
| Canada Expansion | |
| Crestcom | |
| Renaissance Executive Forums | |
| International Expansion | |
| Crestcom | |
| Renaissance Executive Forums | |