The Max Challenge vs Shred415 Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of The Max Challenge vs Shred415 including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
  The Max Challenge Shred415
Investment 131868 - 280592 440280 - 959200
Franchise Fee 0
Royalty Fee 6% 8%
Advertising Fee 2%
Year Founded 2011 1986
Year Franchised 2013 2004
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  The Max Challenge Shred415
Experience

Financing Options
  The Max Challenge Shred415
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support
  The Max Challenge Shred415
Training On-The-Job Training: 18 hours Classroom Training: 40 hours Additional Training: Ongoing virtual training On-The-Job Training: 48 hours Classroom Training: 32 hours
Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations Absentee Ownership Allowed Number of Employees Required to Run: 2 Absentee Ownership Allowed

Expansion Plans
  The Max Challenge Shred415
US Expansion Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Canada Expansion
International Expansion

Start-Up Costs and Fees Mobile
Investment
The Max Challenge
Shred415
Franchise Fee
The Max Challenge
Shred415
Royalty Fee
The Max Challenge 6%
Shred415 8%
Advertising Fee
The Max Challenge 2%
Shred415
Year Founded
The Max Challenge 2011
Shred415 1986
Year Franchised
The Max Challenge 2013
Shred415 2004
Term Of Agreement
The Max Challenge
Shred415 10 years
Renewal Fee
The Max Challenge
Shred415


Business Experience Requirements
Experience
The Max Challenge
Shred415

Financing Options
 
Franchise Fees
The Max Challenge
Shred415
Start-up Costs
The Max Challenge
Shred415
Equipment
The Max Challenge}
Shred415
Inventory
The Max Challenge
Shred415
Receivables
The Max Challenge
Shred415
Payroll
The Max Challenge
Shred415

Training & Support
Training
The Max Challenge On-The-Job Training: 18 hours Classroom Training: 40 hours Additional Training: Ongoing virtual training
Shred415 On-The-Job Training: 48 hours Classroom Training: 32 hours
Support
The Max Challenge Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Shred415 Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing
The Max Challenge Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Shred415 Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations
The Max Challenge Absentee Ownership Allowed Number of Employees Required to Run: 2
Shred415 Absentee Ownership Allowed

Expansion Plans
US Expansion
The Max Challenge
Shred415 Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Canada Expansion
The Max Challenge
Shred415
International Expansion
The Max Challenge
Shred415