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Updated RecentlyCFO Today vs Lease One Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of CFO Today vs Lease One including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $24,400 - $40,000 | $19,900 |
| Franchise Fee | $24,000 | N/A |
| Royalty Fee | Varies | - |
| Advertising Fee | - | - |
| Year Founded | 1989 | 1989 |
| Year Franchised | 1990 | 0 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | $4.8K | - |
Business Experience Requirements |
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| Experience | - | No prior experience in this industry will be necessary for you to succeed. Our three-day training class will provide adequate preparation for you to start working immediately. If you have an entrepreneurial spirit and the desire to be self-employed, your boundaries will be without limits. You should also feel confident in knowing that once you leave our training facility, you will have the ongoing and dedicated support of the Lease One Team. |
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/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | - | - |
| Support | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives | - |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | - |
| 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) | As an Associate, your main responsibility will be to obtain lease applications from businesses interested in leasing commercial equipment. Once you assist your clients in filling out our simple one-page application, all you have to do is fax or email the information to us. At this point, the Lease One Team takes over, working diligently to approve and fund your deal. While we handle the more intricate parts of the leasing process, you will be able focus 100% of your time on generating new businesses. |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
About CFO Today
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.
About Lease One
Become a part of the fastest growing segment of Financial Services today! We are Lease One and we offer commercial equipment financing for all businesses across the country. Join us in servicing a $270 billion industry by becoming a part of the Lease One Family. As 8 out of every 10 businesses lease equipment, our Associates are right there providing those customers with top notch service and the money they need to make their businesses flourish. With a low investment cost it isn't hard to see why Lease One Associates are maximizing their investment and enjoying a life-style they have always wished for. Our time tested business model and support system allows individuals to become successful entrepreneurs. Please browse this informative site and feel free to call us today and start your journey towards financial freedom.
We are Lease One and "It's The Lease We Can Do!"
A seminar, a how-to manual and the names of a handful of funding sources are simply not enough to succeed in the leasing industry! Developing the right programs and building a network of lending options - including rate shopping and negotiating - is all part of a complex process that takes time to learn. Sales and marketing skills are also simply not enough to ensure a successful brokerage.
What you need are the resources of Lease One!
We have what it takes to process and handle the finer details of each transaction, as well as a staff that is dedicated to closing your deals at a high success rate!
But how much does a business opportunity like Lease One's cost?
Some people say that a single idea can be worth a million dollars. At Lease One we agree, but our business opportunity costs less - a lot less!
A one-time investment of only $19,900 will provide a tremendous amount of resources for such a small amount of money! And remember, we are not a franchise, so there will be no royalties or any future expenses of any kind!