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Updated RecentlySareen & Associates vs ClaimTek Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Sareen & Associates vs ClaimTek including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $758,000 | $22,000 - $45,000 |
| Franchise Fee | $20,000 | N/A |
| Royalty Fee | 15% | - |
| Advertising Fee | - | - |
| Year Founded | 1993 | 1993 |
| Year Franchised | 2006 | 1994 |
| 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 | No/No | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | Yes/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | - | At Headquarters At Licensee's Location Manual By Video Online By Phone |
| Support | - | Ongoing Support Newsletter Meetings Advertising/Marketing Sales Leads Technical Support Online Support Phone Support |
| Marketing | - | - |
| Operations | - | Business can be run part-time. |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Sareen & Associates
NO LONGER FRANCHISING
About ClaimTek
Start a Professional Medical Billing & Practice Management Consulting Service.
The Right Opportunity at the Right Time!
Medoffice Systems and ClaimTek - full scale medical billing business setup. Program includes state of the
art software, marketing , support, training, ongoing support and
professional marketing campaigns to get you started on the right track.
Guaranteed appointments with doctors available.