ProSpection vs Inspect-It Franchise Comparison

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

Start-Up Costs and Fees

  ProSpection Inspect-It
Investment 15800 - 38100 32400 - 43400
Franchise Fee 0
Royalty Fee Varies 200-$400/mo.
Advertising Fee $50/mo.
Year Founded 2003 1991
Year Franchised 2003 1998
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  ProSpection Inspect-It
Experience

Financing Options

  ProSpection Inspect-It
 
Franchise Fees Yes No
Start-up Costs No No
Equipment No No
Inventory No No
Receivables No No
Payroll No No

Training & Support

  ProSpection Inspect-It
Training
Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing Co-op advertising, Ad slicks, Regional advertising
Operations Franchise can be run from home. 0% of all franchisees own more than one unit Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

Expansion Plans

  ProSpection Inspect-It
US Expansion
Canada Expansion 0
International Expansion

Start-Up Costs and Fees Mobile

Investment
ProSpection
Inspect-It
Franchise Fee
ProSpection
Inspect-It
Royalty Fee
ProSpection Varies
Inspect-It 200-$400/mo.
Advertising Fee
ProSpection
Inspect-It $50/mo.
Year Founded
ProSpection 2003
Inspect-It 1991
Year Franchised
ProSpection 2003
Inspect-It 1998
Term Of Agreement
ProSpection 7 years
Inspect-It
Renewal Fee
ProSpection
Inspect-It


Business Experience Requirements

Experience
ProSpection
Inspect-It

Financing Options

 
Franchise Fees
ProSpection Yes
Inspect-It Yes
Start-up Costs
ProSpection
Inspect-It
Equipment
ProSpection}
Inspect-It
Inventory
ProSpection
Inspect-It
Receivables
ProSpection
Inspect-It
Payroll
ProSpection
Inspect-It

Training & Support

Training
ProSpection
Inspect-It
Support
ProSpection
Inspect-It Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing
ProSpection
Inspect-It Co-op advertising, Ad slicks, Regional advertising
Operations
ProSpection
Inspect-It Franchise can be run from home. 0% of all franchisees own more than one unit Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

Expansion Plans

US Expansion
ProSpection
Inspect-It
Canada Expansion
ProSpection 0
Inspect-It
International Expansion
ProSpection
Inspect-It