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Renaissance Executive Forums Inc.

Business advisory boards & consulting services

Background

Founded: 1994 Franchising since: 1994
7855 Ivanhoe Ave., #300
La Jolla, California 92037
Phone:
(858)551-6600

Franchisee Association
Franchise Advisory Board

Franchisor is a privately-held company with 12 employee(s); 2 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2007 39 1 16 0
2006 36 1 10 0
2005 37 2 6 0

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Louisiana, Massachusetts, Maryland, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, United states, Utah, Virginia, Vermont, Washington, West virginia, Wyoming

Exclusive territories available.
Territory size: Dependent on number of specific business types

Costs and Fees

Total investment: $55.4K-73.3K
Franchise fee: $39.5K
Ongoing royalty fee: 20%
Term of agreement: 10 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee No No
Startup Costs No No
Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

Qualifications
Net worth requirement: $500K
Cash liquidity requirement: $76K
Business Experience:
  • General business experience
  • Marketing skills
  • Must be able to deal with presidents, CEOs and business owners

Operations
  • Franchise can be run from home
  • Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 1 week
  • At franchisee's location: 2 days
  • Online training

Ongoing Support
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Grand opening
  • Internet
  • Security/safety procedures
  • Field operations/evaluations
  • Purchasing cooperatives

Marketing Support
  • Ad slicks
  • Regional advertising

Other marketing support
  • Intranet, mentor program, public relations

Rankings

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