|
Below is an in-depth analysis and side-by-side comparison of PRstore vs Bookkeeping Express including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $127,000 - $181,000 | $39,350 - $55,050 |
Franchise Fee | $29,500 - $89,500 | $35,000 |
Royalty Fee | 4.25% | 6% |
Advertising Fee | - | 2% |
Year Founded | 2001 | 1987 |
Year Franchised | 2002 | 0 |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
Training | - | - |
Support | Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations | - |
Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | - |
Operations |
75% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | Home-based or office location options |
Expansion Plans |
||
US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | No | - |
Our franchise fee is $89,500 for PRstore RETAIL and $29,500 for PRstore OFFICE.
RETAIL offers a retail store in an exclusive territory.
OFFICE offers an office setting in a non-exclusive territory.
Bookkeeping Express finds itself as the only bookkeeping franchise company focusing solely on bookkeeping services nationwide. With over 20 years of experience, we have grown through an owner/operator license model, which now, we are committed to franchising as a predominant way of doing business. A key factor to the ongoing success is our commitment to recruiting, training, developing and supporting our bookkeeping franchise owners. From our corporate training and certification to our national marketing commitments, we're dedicated to helping our franchisees succeed. Are you ready to join the BKE TEAM?