Fed USA Insurance/Financial Services vs The Comprehensive Financial Planning System Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Fed USA Insurance/Financial Services vs The Comprehensive Financial Planning System including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Fed USA Insurance/Financial Services Franchise
The Comprehensive Financial Planning System Franchise
Investment $29,000 - $74,000N/A
Franchise Fee $19,950N/A
Royalty Fee $500/mo.-
Advertising Fee --
Year Founded 20001962
Year Franchised 20012004
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $3K-


Business Experience Requirements

 
Fed USA Insurance/Financial Services Franchise
The Comprehensive Financial Planning System Franchise
Experience
  • General business experience
  • Ability to manage finances, must enjoy dealing with the public
  • -

    Financing Options

     
    Fed USA Insurance/Financial Services Franchise
    The Comprehensive Financial Planning System Franchise
      In-House/3rd PartyIn-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

     
    Fed USA Insurance/Financial Services Franchise
    The Comprehensive Financial Planning System Franchise
    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

     
    Fed USA Insurance/Financial Services Franchise
    The Comprehensive Financial Planning System Franchise
    US Expansion Yes-
    Canada Expansion No-
    International Expansion No-

    Company Overviews

    About Fed USA Insurance/Financial Services

    No mention of franchising on their website

    About The Comprehensive Financial Planning System

    We now offer affiliations
     
    We Have Never Seen Any Company Offer So Much For So Little! Introducing a complete system designed to help insurance and investment sales people become true financial planners! Why use The Comprehensive Financial Planning System. Developed by a 28 year MDRT member and Top-Of-The-Table qualifier, this detailed system produces a comprehensive financial plan which shows clients why and how to purchase suitable amounts of insurance and investment products. The CFPS is designed to help you achieve: Improved Closing Rates - Up to 80% of all financial plans presented may create clients for life! Increased Referral Business - The CFPS referral system can create high quality referrals, some of whom may call you to set an appointment before you have time to call them! Higher Average Size Case - Over $2,000 average commission per case can be received from plans presented to middle income clients with no money to invest! In-Office Appointments - 100% of all CFPS appointments should be conducted in your office, not in the client's home! What Is The Cost to Use The Comprehensive Financial Planning Systemâ„¢? No initial investment is required to receive all CFPS manuals, forms, brochures, and software. Optional CFPS training videos are available for an additional charge. Non-Affiliated Representatives: $950 per month, with a minimum license agreement term of 12 months. Ongoing supply costs will vary. Associated Planners: Monthly license fees are waived for independent planners who submit adequate insurance and investment business through approved companies which lists us as their BGA. 30 day free trial. If you are not satisfied with the system, you may return it within 30 days of receipt without further financial obligation.