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Updated RecentlyCompound Profit vs Thriveworks Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Compound Profit vs Thriveworks including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $25,000 | $16,700 - $79,282 |
| Franchise Fee | $15,000 | $10,000 - $20,000 |
| Royalty Fee | 6% | 3% |
| Advertising Fee | - | 1% |
| Year Founded | 2006 | 2008 |
| Year Franchised | 2006 | 2013 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | - | On-The-Job Training: 1-2 days Classroom Training: 3 days Additional Training: At company-owned center |
| Support | - | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Compound Profit
Compound Profit provides working capital and equipment to companies, while its "Profit Advisors” simultaneously coach clients on how to create credit assets, increase earnings, and decrease losses and risk. With decades of experience in finance and business, Compound Profit’s team empowers clients with the know-how to make their companies profitable and healthy. This approach stabilizes small- to medium-sized ventures and positions them for increased funding opportunities. Launched in Texas, Compound Profit has expanded nationwide and operates under a successful franchise model. With its national expansion, Compound Profit is growing to 300 franchised locations across the United States and will employ 6,000 account executives.
Owning a Compound Profit franchise is like owning several franchises in one
because you provide multiple fundamental business services to your
clients.
About Thriveworks
A Thriveworks franchise is a unique turn-key counseling business opportunity unlike anything else in the field. Thriveworks is the country’s fastest growing brand of counseling centers and offers well-qualified franchisees a therapy practice with:
- A Proven Business Model
- A Unique Philosophy of Premium Care
- Ongoing Training & Mentorship
- Operations Support Including Scheduling, Billing, & Web Services
- A Thriving Community of Like-minded Franchisees
- Strong Brand Identity and Internet Presence
- A Protected Territory
A Thriveworks practice could be the right investment for your career and future. Are you ready?
The Initial Franchise Fee is $10,000 to convert an existing practice
into a Thriveworks center (“Conversion Model”) or $20,000 for a new
startup center (“Standard Model”) with exclusive rights to operate in a
specific area as defined by the franchisor. Additional franchises will
be available for a reduced fee of $5,000 per Franchise.
The total investment necessary to begin operation of a Thriveworks Franchise
ranges from $16,700 to $31,800 for a Conversion Model and from $36,100
to $79,282 for a Standard Model which will depend on a number of factors
that are fully discussed in Item 7. This includes the Initial Franchise
Fee of $10,000 for a Conversion Model or $20,000 for a Standard Model
(as discussed in Item 5) that must be paid to Thriveworks Franchising
LLC or an affiliate.