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Updated RecentlyOctoClean vs Parker Finch Management Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of OctoClean vs Parker Finch Management including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $9,500 - $59,000 | $43,300 - $82,900 |
| Franchise Fee | $8,000 - $57,500 | $25,000 |
| Royalty Fee | 5% | 3% |
| Advertising Fee | - | - |
| Year Founded | 1987 | 1993 |
| Year Franchised | 2000 | 2006 |
| Term Of Agreement | 15 years | 10 years |
| Term Of Agreement | 15 years | 10 years |
| Renewal Fee | - | varies |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | Yes/No | No/No |
| Start-up Costs | No/No | No/No |
| Equipment | Yes/No | No/No |
| Inventory | No/No | No/No |
| Receivables | No/No | No/No |
| Payroll | No/No | No/No |
Training & Support |
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| Training | - | - |
| Support | Newsletter, Meetings, Toll-free phone line, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
| Marketing | - | - |
| Operations |
Franchise can be run from home.
Number of employees needed to run franchised unit: 2 - 2
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | No | No |
| International Expansion | No | No |
Company Overviews
About OctoClean
OctoClean Franchise Owners are qualified people with strong backgrounds in management and business. We provide outstanding training, mentoring and support - all delivered by industry experts. Owning a business gives you the power, control and flexibility you've always wanted in a job. More specifically, owning an OctoClean franchise allows you to choose your own path in life. You're free to work as much or as little as you'd like and earn an unlimited salary. Your success is in your own hands. Here at OctoClean, we want you to succeed. We're in the business of creating powerful, self-sustaining business owners. There are a number of professionals and experts here who have years of experience in the janitorial industry. They're your business coaches, teaching you everything you need to know about the industry and how to successfully run your franchise. While we provide several services to help you operate your franchise, you ultimately call the shots. Your business is in your hands. We are looking for business owners who first and foremost have an entrepreneurial spirit. While we provide training and coaching in the following areas, we do look for candidates who are natural-born leaders, responsible, financially stable and technologically savvy. Before we invest in you, we want to be sure you are genuinely interested in the long-term venture of owning your own business.
About Parker Finch Management
Parker Finch Management is a community association management company. We are the only current franchise in this large and highly profitable industry. Our proprietary business methods combine the stengths of a local franchise presence with the efficiencies of a centralized accounting, legal, and information technology operation. A Parker Finch Management franchise has three attributes: 1) it helps people create a sense of belongingness and helps enhance people's financial security; 2) it is a high prestige management business; and 3) can provide an excellent income for its franchisees. Parker Finch Management is looking for people who: * Have a Passion & Desire to Help Others and Want to be Involved in Their Community * Have Good Presentation and Communication Skills * Desire Flexible, Non-Retail Working Hours * Enjoy Managing and Coaching Others * Enjoy Dealing with People - Not Paperwork! * Have the Ability to Invest Approximately $100,000