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Below is an in-depth analysis and side-by-side comparison of Stop & Shred vs Office Evolution including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $150,000 - $203,000 | $60,825 - $1,485,150 |
Franchise Fee | $25,000 | $45,000 |
Royalty Fee | - | 7.5% |
Advertising Fee | - | 3% |
Year Founded | - | 2003 |
Year Franchised | - | 2013 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | Franchisees must enjoy contributing to the success of their small business clients and fostering an environment that's positive, collaborative and supports that goal. The preferred candidate will be able to demonstrate a strong financial standing, sufficient liquidity and the resources necessary to develop a location/territory. To be considered for an Office Evolution franchise, you must meet the following requirements: *Have at least $150,000 in cash or liquid assets and total net worth of $300,000 *Provide $35,000 franchise fee per location |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/Yes |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | -/Yes |
Inventory | -/- | -/Yes |
Receivables | -/- | -/Yes |
Payroll | -/- | -/Yes |
Training & Support |
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Training | - | We offer training updates for your staff On-The-Job Training: 15 hours Classroom Training: 25 hours |
Support | - | Office Evolution has established an expert support team that has developed the operational processes, experience and marketing that has built our concept to what it is today. Not only will you receive start-up support for the important aspects of the business including technology, phone systems, and real estate, you will continue to receive support after you open. We will hold regular conferences to provide updated tools and ideas, offer training updates for your staff and share new developments and experiences from other franchisees in other markets. Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | - | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing |
Operations | - | Absentee Ownership Allowed Number of Employees Required to Run: 1 |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | Yes |
International Expansion | - | - |
NO LONGER FRANCHISING