Referral Institute vs LMI Franchise Comparison

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

Start-Up Costs and Fees

  Referral Institute LMI
Investment 21300 - 25800 20000 - 27500
Franchise Fee
Royalty Fee 15% 6%
Advertising Fee
Year Founded 1999 1980
Year Franchised 2004 1998
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Referral Institute LMI
Experience

Financing Options

  Referral Institute LMI
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support

  Referral Institute LMI
Training
Support
Marketing
Operations

Expansion Plans

  Referral Institute LMI
US Expansion
Canada Expansion 0 0
International Expansion

Start-Up Costs and Fees Mobile

Investment
Referral Institute
LMI
Franchise Fee
Referral Institute
LMI
Royalty Fee
Referral Institute 15%
LMI 6%
Advertising Fee
Referral Institute
LMI
Year Founded
Referral Institute 1999
LMI 1980
Year Franchised
Referral Institute 2004
LMI 1998
Term Of Agreement
Referral Institute 5 years
LMI
Renewal Fee
Referral Institute 25% of then-current fee
LMI


Business Experience Requirements

Experience
Referral Institute
LMI

Financing Options

 
Franchise Fees
Referral Institute No
LMI No
Start-up Costs
Referral Institute
LMI
Equipment
Referral Institute}
LMI
Inventory
Referral Institute
LMI
Receivables
Referral Institute
LMI
Payroll
Referral Institute
LMI

Training & Support

Training
Referral Institute
LMI
Support
Referral Institute
LMI
Marketing
Referral Institute
LMI
Operations
Referral Institute
LMI

Expansion Plans

US Expansion
Referral Institute
LMI
Canada Expansion
Referral Institute 0
LMI 0
International Expansion
Referral Institute
LMI