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Leadership Management Inc.

Executive/management training & development

Background

Founded: 1965 Franchising since: 1965
Paul J. Meyer founded Leadership Management Inc. (LMI) in 1965 to help companies develop leadership skills in their workers. The company provides a line of programs and courses designed to help people achieve their professional and personal goals. LMI's programs are produced in 23 languages and have been marketed in more than 60 countries.
4567 Lake Shore Dr.
Waco, Texas 76710
Phone:
(800)568-1241


Franchisor has 25 employee(s); 2 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 206 18 275 1
2008 208 0 289 1
2007 209 0 0 1
2006 219 0 0 1
2005 219 0 0 0

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

Costs and Fees

Total investment: $35K-42.5K
Franchise fee: $30K
Ongoing royalty fee: 6%
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
Business Experience:
  • General business experience
  • Marketing skills
  • Enjoy helping people

Operations
  • Franchise can be run from home
  • Number of employees needed to run franchised unit: 2 - 10
  • Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 2 days
  • At franchisee's location: 2 days
  • Teleconferences

Ongoing Support
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Internet
  • Field operations/evaluations

Rankings

Franchise 500® rank:
#231 (2009); #440 (2008); #364 (2007); #456 (2006); #275 (2005);

Ranked #1 in category in:
2009;

Low-Cost Franchises:
#46 (2009); #97 (2007); #72 (2005);

Top Home Based Franchises:
#58 (2009); #73 (2005);

America's Top Global Franchises:
#178 (2009);


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