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Updated RecentlyOffice Evolution vs Sussex Insurance Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Office Evolution vs Sussex Insurance including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $60,825 - $1,485,150 | $800,000 - $1,000,000 |
| Franchise Fee | $45,000 | $75,000 - $350,000 |
| Royalty Fee | 7.5% | 4% |
| Advertising Fee | 3% | 1% |
| Year Founded | 2003 | 1976 |
| Year Franchised | 2013 | 1985 |
| 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 | Yes |
| International Expansion | - | - |
Company Overviews
About Office Evolution
More and more people are seeking self-employment as an alternative to a possibly fickle and often frustrating corporate reality. Self-employment rates have been growing at an average of 4.5 percent annually most of this decade, adding roughly 1 million people per year, and across the country, enrollment in entrepreneurship programs at universities is booming, according to a recent Entreprenuer.com article by Jason Daley. With the advent of mobile computing and cloud technology, the opportunities for entrepreneurs are exploding. They no longer need an office, staff and equipment to get started in business and the cost of entry can be very low.
About Sussex Insurance
The Sussex Insurance establishment opportunity offers our franchisee arrange remunerating potential, based on our quality, security and experience. When you are granted a Sussex Insurance establishment, you join a spearheading system that has stood out for more than 30 years! As a Sussex Insurance franchisee, you will have the individual and expert autonomy, flexibility and control that you need and merit. You will construct a productive business utilizing a demonstrated plan of action and an authoritative equation for achievement. You will secure long haul business development and effective customer connections, directing people to your establishment area and changing over guests into paying clients. The subsequent salary will empower you to fulfill the way of life you need, for yourself and your family. Regularly situated inside high-activity retail locations or inside prominent strip malls and business edifices, Sussex Insurance utilizes its sourcing of areas as a major key to our prosperity. Sussex Insurance is a regarded retail establishment operation and has solid associations with significant proprietors crosswise over Canada, which permits us to secure the best retail stores at honest esteem. By consolidating statistical surveying, field involvement and neighborhood information, we build up the ideal open doors accessible, and secure the best establishment areas. Hours of operation change, however areas are regularly open 7 days seven days from 9 a.m. to 9 p.m. Sussex Insurance is as of now tolerating applications from persuaded, entrepreneurial-disapproved of people for new establishment openings in high-development markets. Protection industry encounter, in spite of the fact that an advantage, is not required.