Red Wheel Fundraising vs ChoiceBarter Exchange Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Red Wheel Fundraising vs ChoiceBarter Exchange including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  Red Wheel Fundraising ChoiceBarter Exchange
Investment 38000 - 86000 10000 - 15000
Franchise Fee
Royalty Fee 8%
Advertising Fee
Year Founded 1982 0
Year Franchised 1988 0
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Red Wheel Fundraising ChoiceBarter Exchange
Experience Enjoy making new contacts in the business community Have a strong desire to develop their own barter firm Be able to attend business and networking events Undertake 2 hours of daily efforts to meet business owners/managers (1 hr. part time) Have approximately $10,000 in liquidity to start Have an interest in developing a barter exchange business Be willing to follow our successful model of operation

Financing Options

  Red Wheel Fundraising ChoiceBarter Exchange
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support

  Red Wheel Fundraising ChoiceBarter Exchange
Training * Available at headquarters: 30 hours+ * At franchisee's location: 8 hours+ * At existing franchisees' locations: 30 hours+
Support
Marketing
Operations * Franchise can be run from home * 30% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 1 - 3 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Expansion Plans

  Red Wheel Fundraising ChoiceBarter Exchange
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
International Expansion

Start-Up Costs and Fees Mobile

Investment
Red Wheel Fundraising
ChoiceBarter Exchange
Franchise Fee
Red Wheel Fundraising
ChoiceBarter Exchange
Royalty Fee
Red Wheel Fundraising 8%
ChoiceBarter Exchange
Advertising Fee
Red Wheel Fundraising
ChoiceBarter Exchange
Year Founded
Red Wheel Fundraising 1982
ChoiceBarter Exchange 0
Year Franchised
Red Wheel Fundraising 1988
ChoiceBarter Exchange 0
Term Of Agreement
Red Wheel Fundraising 10 years
ChoiceBarter Exchange
Renewal Fee
Red Wheel Fundraising $2,000
ChoiceBarter Exchange


Business Experience Requirements

Experience
Red Wheel Fundraising
ChoiceBarter Exchange Enjoy making new contacts in the business community Have a strong desire to develop their own barter firm Be able to attend business and networking events Undertake 2 hours of daily efforts to meet business owners/managers (1 hr. part time) Have approximately $10,000 in liquidity to start Have an interest in developing a barter exchange business Be willing to follow our successful model of operation

Financing Options

 
Franchise Fees
Red Wheel Fundraising No
ChoiceBarter Exchange No
Start-up Costs
Red Wheel Fundraising
ChoiceBarter Exchange
Equipment
Red Wheel Fundraising}
ChoiceBarter Exchange
Inventory
Red Wheel Fundraising
ChoiceBarter Exchange
Receivables
Red Wheel Fundraising
ChoiceBarter Exchange
Payroll
Red Wheel Fundraising
ChoiceBarter Exchange

Training & Support

Training
Red Wheel Fundraising * Available at headquarters: 30 hours+ * At franchisee's location: 8 hours+ * At existing franchisees' locations: 30 hours+
ChoiceBarter Exchange
Support
Red Wheel Fundraising
ChoiceBarter Exchange
Marketing
Red Wheel Fundraising
ChoiceBarter Exchange
Operations
Red Wheel Fundraising * Franchise can be run from home * 30% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 1 - 3 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)
ChoiceBarter Exchange

Expansion Plans

US Expansion
Red Wheel Fundraising
ChoiceBarter Exchange 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
Red Wheel Fundraising
ChoiceBarter Exchange
International Expansion
Red Wheel Fundraising
ChoiceBarter Exchange