|
Below is an in-depth analysis and side-by-side comparison of CFO Today vs Xtreme Fuel Treatment including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $24,400 - $40,000 | $49 |
Franchise Fee | $24,000 | N/A |
Royalty Fee | Varies | 14.95/mo. website |
Advertising Fee | - | 0 |
Year Founded | 1989 | 1967 |
Year Franchised | 1990 | 1972 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $4.8K | - |
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 | - | On the job, video |
Support | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives | Grand Opening, In-House Marketing, Marketing Research, meetings, phone |
Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | Ad Slicks, Brochures, Catalogs, Coupons/Rebates, Direct Mailers, Emails, Promotional Items, Radio Ads, Site Signs, Television Ads, Trade Show, Exhibits, Videos |
Operations |
Franchise can be run from home. 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) | The operations of the Sample Franchise are quite mysterious. No one really knows what this company does. really they dont |
Expansion Plans |
||
US Expansion | - | No |
Canada Expansion | No | No |
International Expansion | Yes | No |
John Harrison felt that many small businesses were failing because they couldn't afford accountants, so he began providing 'professional services at bookkeeper's rates.' In 1989, Harrison established Accountant's Choice, which has since changed its name to CFO Today.
Franchising started in 1990, and there are now locations across the United States offering accounting services to local small businesses.
XFT is a comprehensive fuel additive that provides 4 key benefits: improved fuel economy, prolonged engine life, reduced emissions, and increased performance. It comes in a convenient bottle with a built-in measuring device making it easy to put in the required amount of product. Just squeeze in the right amount, pour it in your tank, and enjoy the benefits! 1/4 ounce (7.5 mL) of XFT treats up to 20 gallons (75 L) of fuel so choose the size that fits your needs.