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Updated RecentlyFamily Financial Centers Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Family Financial Centers including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $153,710 - $307,010 | |
| Franchise Fee | $40,500 | |
| Royalty Fee | $275+/mo. | |
| Advertising Fee | - | |
| Year Founded | 2004 | |
| Year Franchised | 2004 | |
| Term Of Agreement | - | |
| Term Of Agreement | - | |
| Renewal Fee | - | |
Business Experience Requirements |
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| Experience | - | |
Financing Options |
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| In-House/3rd Party | ||
| Franchise Fees | Yes/Yes | |
| Start-up Costs | Yes/Yes | |
| Equipment | Yes/Yes | |
| Inventory | No/No | |
| Receivables | No/No | |
| Payroll | No/No | |
Training & Support |
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| Training | On-The-Job Training: 40+ hours Classroom Training: 40 hours Additional Training: Field training | |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | |
| Marketing | Ad Templates SEO Website development Loyalty program/app | |
| Operations | - | |
Expansion Plans |
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| US Expansion | Yes | |
| Canada Expansion | No | |
| International Expansion | Yes | |
Company Overviews
About Family Financial Centers
FAMILY FINANCIAL CENTERS (FFC) FRANCHISE was developed to address the market opportunity created by the loss of neighborhood branch banks and the sub-standard response by current alternative financial service providers. FAMILY FINANCIAL CENTERS, unlike the traditional check cashing and payday loan companies, are not located in the war zones and poorer parts of town. FFC is positioned in the first and second tier suburbs where the middle-income customer has firmly established himself and is looking for a provider that can give him the ambience and professional service of a local bank, but in a manner that meets his specific needs. FFC stores are located in attractive suburban strip centers that are convenient to the customers home or work. The store presentation is a bank-like setting with the latest computer systems and transactional software that allow for quick and efficient service, and security systems that are state of the art but don't sacrifice customer contact and owner comfort. The franchise marketing programs promote a full menu of financial products to the communities they are serving.
Because most of the industry is not aware of or committed to the fundamentals of branding, marketing, and automated systems, FFC franchisees can exploit these areas as its competitive advantage to attract and build market share with a consumer base that is eager for a quality service provider. Additionally, FFC will be very active in developing new products and services that its franchisees can then market to their existing customer base, further cementing that relationship and differentiating the FFC brand from the rest of the pack. Finally, and perhaps most importantly, franchisees have an experienced corporate management team with a support staff that can properly set up their stores and provide the training they need to launch their businesses, and work with them on an ongoing basis to successfully build those businesses.
WE DO IT ALL!
*Market Evaluation
*Site Selection
*Turnkey "Store in a Box"
*Project Management
*Licensing
*Classroom and in-store Training
*Ongoing Support
*Financing Assistance
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If you're looking for a single source solution for researching, developing and opening your store, FFC is the place for you. We will lead you through the maze of starting a business from initial discussion to store opening and support you thereafter. We're there each step of the way.