McDo Vs Herbalife
McDo Vs Herbalife
McDo Vs Herbalife
What It Takes To Build A Business: Strong business acumen needed with experience building a business from the ground up 1-week training at McDonalds University Hands-On Management you must run the restaurant yourself McDonalds requires a 20-year agreement
What It Takes To Build A Business: No Business background needed, many successful FSS distributors only have high school diplomas and no business building skills Ongoing online, live conference calls and one-onone training as long as needed Work-at-Home opportunity with successful mentoring team No long-term commitments; work just until your dreams come true Initial Start-up Costs: $199$2,690 based on starting inventory (Source: www.free2ndpack.com) Miscellaneous Start-up Costs: $200$450 from the Getting Equipped list Herbalife pays 73% of world wide gross sales back to the distributors Herbalife pays qualified Supervisors 5% Royalties and 2%-7% Bonuses
Initial Start-up Costs: $905,200$1,746,000 (Source: www.mcdonalds.com) Additional Start-up Costs: $45,000 franchise fee ($45,000 renewal fee after required 20 years) 12.5% ongoing royalty fees
$100,000$150,000 in miscellaneous start-up costs such as initial equipment, inventory, accounts receivables, payroll and insurance
Total Additional Start-up Costs: $145,000$195,000 Funding Restrictions: 40% personal cash investment for new locations; 25% for existing locations (balance may be paid in a maximum term 7 yr. bank loan) $420,000$776,400 out-of-pocket CASH needed Total Initial Start-up Costs: $1,050,200$1,941,000 Average annual income for McDonalds franchisee is $240,000 for each restaurant owned.
Total Miscellaneous Start-up Costs: $200$450 No Funding Restrictions: Most people start with either personal funds, a credit card or a small bank loan $0 out-of-pocket CASH needed
Total Initial Start-up Costs: $199$3,604 Average annual income for an Herbalife Presidents Team is $611,094. (Source: www.herbalife.com)
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