Start-Up Costs and Fees |
||
| Entrepreneur's Source | Turbo Leadership Systems | |
| Investment | 92450 - 100750 | 33300 - 56800 |
| Franchise Fee | 0 | |
| Royalty Fee | 25% | 10% |
| Advertising Fee | $750/mo. | |
| Year Founded | 1984 | 1985 |
| Year Franchised | 1997 | 1995 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Entrepreneur's Source | Turbo Leadership Systems | |
| Experience | Industry experience General business experience Marketing skills Speaking skills | |
Financing Options |
||
| Entrepreneur's Source | Turbo Leadership Systems | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Entrepreneur's Source | Turbo Leadership Systems | |
| 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 | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | Co-op advertising, Ad slicks |
| Operations | Franchise can be run from home. Absentee ownership allowed. (100% of current franchisees are owner/operators) | Franchise can be run from home. 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is NOT allowed. |
Expansion Plans |
||
| Entrepreneur's Source | Turbo Leadership Systems | |
| 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 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Entrepreneur's Source | |
| Turbo Leadership Systems | |
| Franchise Fee | |
| Entrepreneur's Source | |
| Turbo Leadership Systems | |
| Royalty Fee | |
| Entrepreneur's Source | 25% |
| Turbo Leadership Systems | 10% |
| Advertising Fee | |
| Entrepreneur's Source | $750/mo. |
| Turbo Leadership Systems | |
| Year Founded | |
| Entrepreneur's Source | 1984 |
| Turbo Leadership Systems | 1985 |
| Year Franchised | |
| Entrepreneur's Source | 1997 |
| Turbo Leadership Systems | 1995 |
| Term Of Agreement | |
| Entrepreneur's Source | 10 years |
| Turbo Leadership Systems | 10 years |
| Renewal Fee | |
| Entrepreneur's Source | $5K |
| Turbo Leadership Systems | |
Business Experience Requirements |
|
| Experience | |
| Entrepreneur's Source | |
| Turbo Leadership Systems | Industry experience General business experience Marketing skills Speaking skills |
Financing Options |
|
| Franchise Fees | |
| Entrepreneur's Source | No |
| Turbo Leadership Systems | No |
| Start-up Costs | |
| Entrepreneur's Source | |
| Turbo Leadership Systems | |
| Equipment | |
| Entrepreneur's Source} | |
| Turbo Leadership Systems | |
| Inventory | |
| Entrepreneur's Source | |
| Turbo Leadership Systems | |
| Receivables | |
| Entrepreneur's Source | |
| Turbo Leadership Systems | |
| Payroll | |
| Entrepreneur's Source | |
| Turbo Leadership Systems | |
Training & Support |
|
| Training | |
| Entrepreneur's Source | On-The-Job Training: 252 hours Classroom Training: 77 hours Additional Training: Ongoing virtual training, mentor |
| Turbo Leadership Systems | |
| Support | |
| Entrepreneur's Source | Newsletter Meetings/Conventions Online Support Field Operations Franchisee Intranet Platform |
| Turbo Leadership Systems | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations |
| Marketing | |
| Entrepreneur's Source | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
| Turbo Leadership Systems | Co-op advertising, Ad slicks |
| Operations | |
| Entrepreneur's Source | Franchise can be run from home. Absentee ownership allowed. (100% of current franchisees are owner/operators) |
| Turbo Leadership Systems | Franchise can be run from home. 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is NOT allowed. |
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 |
| Turbo Leadership Systems | |
| 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 |
| Turbo Leadership Systems | |
| International Expansion | |
| Entrepreneur's Source | |
| Turbo Leadership Systems | |