BNI Franchise vs. M3Linked: Comparing Franchise Opportunities
A business is only as strong as its people, from members and customers to employees and executives. As a seasoned business professional, you know about the power of collaborating with others in your community to establish and achieve professional goals. The possibilities are endless when passionate minds gather and share ideas in a safe space.
Now you’re ready to develop a business community franchise that harnesses the power of collaboration to strengthen your local community and bring entrepreneurs together to share ideas.
But how does the process of franchise ownership at M3Linked compare with another institution such as Business Networking International (BNI)? Let’s do a quick comparison.
BNI Franchise at a Glance
Established in 1985, U.S.-based BNI has more than 200,000 worldwide members as part of more than 7,300 chapters in over 65 countries, according to 2021 data from Franchise Gator. It is a self-proclaimed business referral organization where members attend weekly chapter meetings.
To become a BNI franchise owner, prospective franchisees attend an introductory webinar, and if there is further interest, a conversation with a BNI representative.
BNI meetings include training sessions, business coaching, brand marketing services (brochures, fliers, other marketing materials), and BNI Connect, a company-specific social media platform.
To start a BNI chapter, a franchisee must have a net worth of at least $200,000 and $80,000 in liquid capital, with an initial investment ranging between $57,000 and $77,000, according to Franchise Gator.
Comparing BNI to M3Linked
When comparing BNI and M3Linked side-by-side, one can see that M3Linked offers much greater value to its members, and it’s a much younger, more innovative organization with enormous growth potential, having founded its national franchise model in 2019.
Unlike BNI, M3Linked currently has nine U.S. locations — leaving a much larger opportunity for growth in major markets across the country and the ability to lay the groundwork for an infrastructure of new networks for future collaboration with fellow entrepreneurs across all forums in the business community.
As an innovative and collaborative business community franchise, M3Linked offers more than 300 experiences on a weekly basis to its members through social interactions driven by the M3 Methodology system as a way of building relationships. It’s a concept that goes beyond networking and exchanging business cards.
Our franchise’s experience ranges from the M3Forum, where members meet, connect, brainstorm, and interact in a digital setting, to the M3Mastermind, which includes 8-10 members who meet in person for a half-day once a month to share the challenges their businesses are facing or personal struggles. This networking is implemented in a way that goes beyond traditional networking groups like BNI. And those are just two of the experiences that are unique to the M3Linked community.
All experiences are not held in a traditional meeting setting but in an environment that promotes the energy, dynamics, and innovation needed to succeed as an entrepreneur in an ever-changing business climate.
Similar to a BNI franchise, the net worth requirement to build an M3Linked community is $200,000, with a capital requirement of $70,000. The total initial investment ranges between $100,000 and $200,000, allowing you to offer M3Linked members the innovative technology and next-generation concept that excites entrepreneurs and thought leaders to share ideas and build meaningful relationships.
When you decide to become an M3Linked franchise owner, you are guided through every step of the process. As a new franchisee, you’ll attend two days of in-person training by the corporate team at the M3Linked Headquarters in Birmingham, Michigan, to learn how to grow your new business in your community.
As part of that training, you’ll engage in a mock M3Forum, and get connected to every team member who will be guiding you through the opening operational stages.
Discover the M3Linked Opportunity
M3Linked franchise owners have the opportunity to build something new rather than to join something outdated.
You can serve as a breath of fresh air in your community by representing a modern way to build both business and social relationships through an unparalleled experiential value that has been described by one member as simply “magical.”
If you are interested in learning more about M3Linked and being part of this new way of connecting like-minded entrepreneurs, please, contact us today to set up a time to discuss the franchising process.