Entrepreneur's Source vs LMI Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Entrepreneur's Source vs LMI including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  Entrepreneur's Source LMI
Investment 92450 - 100750 20000 - 27500
Franchise Fee
Royalty Fee 25% 6%
Advertising Fee $750/mo.
Year Founded 1984 1980
Year Franchised 1997 1998
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Entrepreneur's Source LMI
Experience

Financing Options

  Entrepreneur's Source LMI
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support

  Entrepreneur's Source LMI
Training On-The-Job Training: 252 hours Classroom Training: 77 hours Additional Training: Ongoing virtual training, mentor
Support Newsletter Meetings/Conventions Online Support Field Operations Franchisee Intranet Platform
Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing
Operations Franchise can be run from home. Absentee ownership allowed. (100% of current franchisees are owner/operators)

Expansion Plans

  Entrepreneur's Source LMI
US Expansion Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Canada Expansion Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory 0
International Expansion

Start-Up Costs and Fees Mobile

Investment
Entrepreneur's Source
LMI
Franchise Fee
Entrepreneur's Source
LMI
Royalty Fee
Entrepreneur's Source 25%
LMI 6%
Advertising Fee
Entrepreneur's Source $750/mo.
LMI
Year Founded
Entrepreneur's Source 1984
LMI 1980
Year Franchised
Entrepreneur's Source 1997
LMI 1998
Term Of Agreement
Entrepreneur's Source 10 years
LMI
Renewal Fee
Entrepreneur's Source $5K
LMI


Business Experience Requirements

Experience
Entrepreneur's Source
LMI

Financing Options

 
Franchise Fees
Entrepreneur's Source No
LMI No
Start-up Costs
Entrepreneur's Source
LMI
Equipment
Entrepreneur's Source}
LMI
Inventory
Entrepreneur's Source
LMI
Receivables
Entrepreneur's Source
LMI
Payroll
Entrepreneur's Source
LMI

Training & Support

Training
Entrepreneur's Source On-The-Job Training: 252 hours Classroom Training: 77 hours Additional Training: Ongoing virtual training, mentor
LMI
Support
Entrepreneur's Source Newsletter Meetings/Conventions Online Support Field Operations Franchisee Intranet Platform
LMI
Marketing
Entrepreneur's Source Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing
LMI
Operations
Entrepreneur's Source Franchise can be run from home. Absentee ownership allowed. (100% of current franchisees are owner/operators)
LMI

Expansion Plans

US Expansion
Entrepreneur's Source Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
LMI
Canada Expansion
Entrepreneur's Source Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory
LMI 0
International Expansion
Entrepreneur's Source
LMI