Expetec vs The Fourth R Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Expetec vs The Fourth R including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Expetec Franchise
The Fourth R Franchise
Investment $82,000 - $123,000$15,000 - $40,000
Franchise Fee $35,000$8,000 - $20,000
Royalty Fee 12% of Gross Profit5%
Advertising Fee 3% of Gross Profit-
Year Founded 19921992
Year Franchised 19961992
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee --


Business Experience Requirements
 
Expetec Franchise
The Fourth R Franchise
Experience
  • General business experience
  • Marketing skills
    		• -

    Financing Options
     
    Expetec Franchise
    The Fourth R Franchise
      In-House/3rd PartyIn-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
     
    Expetec Franchise
    The Fourth R Franchise
    Training --
    Support Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations-
    Marketing Ad slicks, Regional advertising-
    Operations

    Number of employees needed to run franchised unit: 3-6

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

    		-

    Expansion Plans
     
    Expetec Franchise
    The Fourth R Franchise
    US Expansion Yes-
    Canada Expansion NoNo
    International Expansion NoNo

    Company Overviews

    About Expetec

    Originally a computer repair franchise organization. Expetec now provides a full range of IT services that small and medium businesses businesses need to be successful in today's marketplace, including network administration, network security, business continuity and web services. Services are delivered by independently-owned franchise organizations across the U.S. and Canada. Each franchisee serves as a virtual IT department, primarily for small-to mid-sized businesses.
    The Advantages of Expetec's Partner Member Program

        -No long term commitment
        -Cost effective
        -Co-branding with industry leader
        -Partnering with company in business since 1996
        -Savings on products and services
        -System-wide operating platform
        -Access to Expetec's operational superiority/brand portal
        -Marketing and sales programs and support
        -Assistance with business development/growth
        -Sharetec: system-wide tech support
        -Tier I, II and III remote support services program
        -Web development program - SEC


    About The Fourth R

    Computers have changed virtually all aspects of our lives. As we move rapidly from an industrial to an information economy, computer literacy is the "FOURTH R" in education. Governments worldwide view the development of technology skills as key to their country's future. Children need strong computer skills to succeed in school. Organizations must invest in computer training to increase productivity and competitiveness. Certification provides a benchmark of a student's skill competency. Computer skills offer income growth and job opportunities. The Fourth R Inc., established in 1991, provides quality courseware, assessment software, and certification services to leading schools and learning centers throughout the world. The excellence of our programs has fueled growth to over 150 affiliates in over 20 countries. The Fourth R is currently seeking international country Master License partners for joint development of a country.