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Entrepreneur: Start & Grow Your Business

WSI Internet

Internet services

Background

Founded: 1995 Franchising since: 1996
WSI Internet, founded in 1995, has a network of consultants that spreads across more than 87 countries and six continents, providing Internet services to small- and medium-sized businesses. WSI Internet is based in Toronto, Ontario, and has been franchising since 1996.
5580 Explorer Dr., #600
Mississauga, Ontario L4W 4Y1
Phone:
(888)678-7588/ (905)678-7588

Franchisee Association
Master Franch. Advisory Board-Internet Consulting

Franchisor is a privately-held company with 100 employee(s); 25 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 699 83 686 2
2008 855 91 735 2
2007 863 75 885 2
2006 804 69 890 2
2005 695 75 1,217 2

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

Special Programs
WSI Internet holds corporate fund-raisers for a variety of community programs.

Costs and Fees

Total investment: $60.4K-166.7K
Franchise fee: $49.7K-147K
Ongoing royalty fee: 10%
Term of agreement: 5 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: $68K-82K
Cash liquidity requirement: $50K
Business Experience:
  • General business experience

Operations
  • Franchise can be run from home
  • 10% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 1
  • Absentee ownership of franchise is NOT allowed.

Training and Support

Training
  • Available at headquarters: 7 days

Ongoing Support
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Internet
  • Purchasing cooperatives

Marketing Support
  • Co-op advertising
  • Ad slicks

Other marketing support
  • Marketing materials

Rankings

Franchise 500® rank:
#57 (2009); #46 (2008); #42 (2007); #46 (2006); #53 (2005);

Ranked #1 in category in:
2009; 2008; 2007; 2006; 2005;

Fastest-Growing Franchises:
#61 (2008); #35 (2007); #40 (2006); #19 (2005);

Low-Cost Franchises:
#16 (2005);

Top Home Based Franchises:
#12 (2009); #9 (2008); #12 (2007); #9 (2006); #12 (2005);

America's Top Global Franchises:
#49 (2009); #26 (2008); #36 (2007); #6 (2006); #29 (2005);