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Below is an in-depth analysis and side-by-side comparison of Fed USA Insurance/Financial Services vs Canada Strategic Financial including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $29,000 - $74,000 | $1 - $25,000 |
Franchise Fee | $19,950 | N/A |
Royalty Fee | $500/mo. | - |
Advertising Fee | - | - |
Year Founded | 2000 | - |
Year Franchised | 2001 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $3K | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/Yes | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | - |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Co-op advertising, Ad slicks, Regional advertising | - |
Operations |
23% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 4
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
No mention of franchising on their website
The founding philosophy of Canada Strategic Financial's experienced Board of Directors is to provide our clients access to the leading financial products, strategies and services available in the industry, and to make sure that our agents are world class professionals who want to make a difference for families.