Referral Institute Franchise
Referral training, coaching, consulting
You've heard it before. To grow your business, it isn't necessarily what you know, but who you know that can make all the difference. You can have the best product or service out there, but if no one knows about it, you can't expect your business to grow on its own.
That's why it is so important for any business to develop and maintain a strong network of professionals who can help spread the word about its products or services, and refer new customers to the business.
At the Referral Institute, we provide the training and tools to help business professionals gain financial success through relationship-based referral marketing. Our Referrals for Life™ program is not a numbers game – it is not about spending hours making cold calls, collecting business cards, or developing a huge database of prospective customers. We don't want you to work harder to gain new business—we want you to learn how to work smarter. With the Referrals for Life program, business referrals do not happen by accident. They result from implementing, and then consistently monitoring, a well-organized referral marketing plan.
The Referral Institute is an international franchised referral training and consulting company with locations in Australia, Canada, Germany, Ireland, New Zealand, the United Kingdom, Norway, Finland, Denmark, Sweden, France, the Middle East and the United States. At The Referral Institute, we'll teach you how to make all your business relationships become more valuable to you and your business. As a result, you'll not only enjoy an increased quality of life because your business is flourishing, but you will also gain lifelong relationships: Referrals for Life.
If you are a motivated business professional serious about moving your business to the next level, don't wait to contact The Referral Institute headquarters near you.
Start-up Costs & Franchises Fees
What is the total cost to open a Referral Institute Franchises?
Total Cost: $21,300-$25,800
Total Franchise Fees: $8,500-$10,500
Ongoing Royalty Fees: 15%
Ongoing Advertising Fees: Not Available
Term of Agreement: 5 years
Franchise Agreement Renewal Fee: 25% of then-current fee
Contact Information for Referral Institute
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Referral Institute LLC |
Phone Number: (508)809-9789 |
Referral Institute In the Press
No results at this time.Historical Expansion
In what year did Referral Institute begin operations? 1999
When did Referral Institute begin selling franchises? 2004
Year United States Canada International Corporate 2006 32 0 3 2 2005 24 0 2 3 2004 9 0 0 3
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee No No Initial Start-up Capital No No Plant, Property, and Equipment No No Inventory No No Accounts Receivable No No Payroll No No
Franchise Analyzer Professional's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes