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Updated RecentlyCFO Today vs SBF Payroll Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of CFO Today vs SBF Payroll 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 | $35,800 - $132,000 |
| Franchise Fee | $24,000 | N/A |
| Royalty Fee | Varies | - |
| Advertising Fee | - | - |
| Year Founded | 1989 | - |
| Year Franchised | 1990 | - |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | $4.8K | - |
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/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) | - |
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 SBF Payroll
Are you searching for a business that grows despite the ups and downs of the economy? A payroll business is proven to be recession proof while offering the advantages of stable recurring income and high growth. Every business owner needs payroll. By owning an SBF Payroll franchise you can offer business owners superior service at the best value - saving them time and money.SBF Payroll is a leader in the payroll industry because we offer better service at a lower price than the big name competitors. We continue to attract business owners who are looking for superior service and perfect accuracy. By owning an SBF Payroll franchise you can join a growing team of entrepreneurs offering the very best payroll service available. We are looking for a limited number of qualified candidates to own and operate an SBF Payroll franchise in your area. Contact our office to learn how you can own your own SBF Payroll Franchise. Why own an SBF Payroll Franchise? * Low Initial Investment * Low Royalty Fees * Strong Predictable Cash Flow * Minimum Overhead * Can Be Home Based * Recession Resistant * Turnkey Business * Proven Concept * Huge Profit Margin * No Weekend or Evening Work * No Inventory * Seven Figure Income Potential * Experienced Support Team to Help You Succeed & Grow * Sales & Marketing Training