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Updated RecentlyPMA vs Second Opinion Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of PMA vs Second Opinion including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $43,300 - $70,000 | $50,000 |
| Franchise Fee | $30,000 | $30,000 |
| Royalty Fee | 10-8% | - |
| Advertising Fee | - | - |
| Year Founded | 1985 | 2004 |
| Year Franchised | 1998 | 2007 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | $5K | - |
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 | -/- |
| Start-up Costs | No/Yes | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/Yes | -/- |
| Receivables | No/Yes | -/- |
| Payroll | No/Yes | -/- |
Training & Support |
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| Training | - | - |
| Support | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations | - |
| Marketing | - | - |
| Operations |
20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. | - |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | No | Yes |
| International Expansion | No | - |
Company Overviews
About PMA
Since 1985, Personalized Management Associates (PMA) has been putting representatives in an assortment of positions in the retail, eatery and administration enterprises, including store/branch, midmanagement, specialized, corporate and official levels.
PMA is the only Franchisor in the USA of an Executive Search Chain specializing in the recession resistant niche markets of restaurant, hospitality and retail management. Featuring: Double Digit Operating Margins, Quick Cash Flow Ramp Up, Multiple Revenue Streams, Strong Training, Guidance and Support, Protected Territories, Quality of Life and the Lowest Initial Investment in the Staffing Industry.
About Second Opinion
It is natural to get a second opinion on major health issues; why not on major financial issues? Second Opinion offices offer financial consulting services to retail and corporate clients. We remain completely independent and unbiased and do not sell products of any kind. Our only fee is an hourly fee paid directly by our clients which gives us a major competitive advantage.