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Growth Coach, The
 

Ranked the #1 Business Coaching Franchise in 2013 by Entrepreneur magazine. The Growth Coach works with small business owners, franchise owners, self-employed professionals, sales teams and managers drive success in business and find balance in life through our proven and proprietary Strategic MindsetĀ® Coaching Process.

Franchisor Background

Year Established:

  2002

Franchising Since:

  2002

IFA Member



Operating Units:

Franchised Units:125 100%  
Company-Owned Units:0 0%  
 ______ _____  
Total Operating Units:125 100%  
 

Geographic Distribution:

U.S.:117 93.6% In 40 States
Canada:7 5.6% In 2 Canadian Provinces
International:1 0.8% In 1 Foreign Countries
 ______ _____  
Total:125 100%  
 

North America:

States/Provinces with the largest number of operating units:
DensityUnits    
1. Ohio15
2. Florida12
3. Texas11

Registered in Following Registration States:

   California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington, Wisconsin

Financial Requirements

Investment:

Minimum Net Worth:$22.9K
Cash Investment:$7-36.9K
Total Investment:$52-81.9K
Average Total Investment:$64K
 

Fees:

Initial Franchise Fee:$39.9-45.9K
Average Franchise Fee:$43K
On-Going Royalty:Varied based on annual resources
Average Royalty:0%
Advertising Fee:$250/Mo.

Average Number of Employees:

   1 Full-time, 0 Part-time

Space Needs (in square footage):

   N/A

Preferred Sites:

   Home-based

Other Sites:

  

Encourage Conversions?

   Yes

Earnings Claims Provided?

   No

Listed in the SBA Registry?

   No

Support and Training

International Franchise Association:Yes
Canadian Franchise Association:No
Franchisee Association/Member:No
Size of Corporate Staff:50
Site Selection Assistance?Not Applicable
Lease Negotiation Assistance?Not Applicable
Financial Assistance?Yes, Direct
 

Marketing Support:

Co-Op Advertising:No
National Advertising:Yes
Regional Advertising:Yes
Local Advertising:Yes
Marketing Materials:Ad Slicks, Brochures, Coupons/rebates, Direct Mailers, Emails, Promotional Items, Trade Show Exhibits
Additional Services:Newsletter, Online Extranet
Other Marketing Support:Op. Supp., PR, Confr. Calls, Boot Camps, Nat'l Acc
 

On-Going Support:

Central Data Processing:Not Applicable
Central Purchasing:Not Applicable
Field Operation Evaluation:Included in Fees
Field Training:Included in Fees
Initial Store Opening:Included in Fees
Inventory Control:Not Applicable
Franchisee Newsletter:Included in Fees
Regional or National Meetings:Included in Fees
800 Telephone Hotline:Included in Fees
 

Training:

1. Cincinnati, OH5 Business Days
 

Franchisee Qualifications

Ranked from 1 (unimportant) to 5 (important):
 
Financial Net Worth:3
General Business Experience:3
Specific Industry Experience:1
Formal Education:3
Psychological Profile:3
Personal Interview(s):4

Minority Representation

Units Owned by Minorities:

African-American:11
Asian-American:2
Hispanic:0
Native American:0
Other:2
Specific Minority:Development Allowances, Government Incentives, Loan Assistance, Managerial Training, Mentoring

Terms of Contract

Term of Initial Contract:10/10/10 Year(s)
Term of Renewal Period: Year(s)
Passive Ownership:Not Allowed
Area Development Agreements?Yes, for 1 Year(s)
Sub-Franchising Contracts?No
Franchisees Allowed to Expand Within Territory?Yes

Expansion Plans

Projected New Units Over Next 12 months:

   60
U.S.:Yes, All United States
Canada:Yes, All Canada
Overseas:Yes, All Countries
 
 
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