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Below is an in-depth analysis and side-by-side comparison of Parker Finch Management vs GenCorp Cleaning Services including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $43,300 - $82,900 | $1,800 - And Up |
Franchise Fee | $25,000 | N/A |
Royalty Fee | 3% | - |
Advertising Fee | - | - |
Year Founded | 1993 | - |
Year Franchised | 2006 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | varies | - |
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 | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | No | - |
Parker Finch Management is a community association management company. We are the only current franchise in this large and highly profitable industry. Our proprietary business methods combine the stengths of a local franchise presence with the efficiencies of a centralized accounting, legal, and information technology operation. A Parker Finch Management franchise has three attributes: 1) it helps people create a sense of belongingness and helps enhance people's financial security; 2) it is a high prestige management business; and 3) can provide an excellent income for its franchisees. Parker Finch Management is looking for people who: * Have a Passion & Desire to Help Others and Want to be Involved in Their Community * Have Good Presentation and Communication Skills * Desire Flexible, Non-Retail Working Hours * Enjoy Managing and Coaching Others * Enjoy Dealing with People - Not Paperwork! * Have the Ability to Invest Approximately $100,000
Advantages Of GenCorp's Franchise Business Model GenCorp franchising gives individuals the opportunity to go into business for themselves with an excellent chance of success at a minimum of risk. Starting a new business from scratch is inherently risky. Most studies conclude that over 90% fail within 3 to 5 years. In comparison, U.S. Dept of Commerce studies have shown that over 92% of franchised businesses are still operating after 5 years.