| ||||
Updated RecentlyOffice Evolution vs Paramount Financial Consultants Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Office Evolution vs Paramount Financial Consultants including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $60,825 - $1,485,150 | $34,950 |
| Franchise Fee | $45,000 | N/A |
| Royalty Fee | 7.5% | - |
| Advertising Fee | 3% | - |
| Year Founded | 2003 | - |
| Year Franchised | 2013 | - |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| 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 |
||
| 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 |
||
| Training | We offer training updates for your staff On-The-Job Training: 15 hours Classroom Training: 25 hours | Three days of Intensive Training taught by Professional Instructors In our Intensive three training classes every part of the "Paramount program " is contained in our Three (3) day workbooks. Because they are design to follow the steps to success they will become your new careers manual and can be referred to on a daily bases.. Of course during the classes the manual will be used to take your own note as the manuals are yours to return home with. The "Paramount Program" allows for you to bring a legitimate business partner or spouse to attend for the Three (3) Day Training sessions at no additional cost. |
| 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 | The" Paramount Program" offers Pro-Active support for six months following completing the course.. Our Pro-active Support includes a Professional consultant contacting you on weekly bases to discuss your new career progress, goals, and make certain you are on the Right Track. Our goal is to help you put in to action the exact methods taught in our training classes so that success may follow. Of course you can call us at any time regarding questions related to marketing, industry specifics, trends, or any situation you need answers too. After the first six months, as additional question arise we will be here to advise. * Management Contact Software Program * Pricing Software Program * Premier Class Facilities and Accommodations. * |
| 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 |
||
| US Expansion | Yes | - |
| Canada Expansion | Yes | - |
| International Expansion | - | - |
Company Overviews
About Office Evolution
Exciting Growth Opportunities Ahead for Business Services
Founded in 2003, Office Evolution has always approached private office space and virtual office space
markets from a unique, entrepreneurial perspective. Our determination
to offer sole proprietors and small businesses real business solutions
has turned the idea of expensive executive offices and impersonal virtual office and co-working spaces
on its head. Our efforts have resulted in a growing number of business
centers located in key metro areas throughout the United States.
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.
The best strategy is to stay flexible, keep things simple and focus on their business: a virtual office could be the perfect solution!
The total investment necessary to begin operation of an Office Evolution
franchised business is between $286,825 and $1,485,150. This includes
$63,324 to $65,150 that must be paid to the franchisor or its
affiliate(s).
The total investment necessary to begin operation of an Office Evolution acquisition business is between $133,325 and $990,150.
This includes $63,325 to $65,150 that must be paid to the franchisor or
its affiliate(s).
The total investment necessary to begin operation of
an Office Evolution conversion business is between $60,825 and $590,150.
This includes $18,325 to $590,150 that must be paid to the franchisor
or its affiliate(s).
#267 in Franchise 500 for 2020.
About Paramount Financial Consultants
This is a Business Opportunity not a Franchise. Every day over 25,000 lease transactions are completed in the United States alone. The majority of these leases are completed by Independent Leasing Companies and Brokers. A "Paramount Program" graduate will enter into this dynamic business with considerable skills, support resources, and confidence and more than just a slight edge on the competition. The Demand has always been there. When you know more, you earn more. Confidence and Knowledge Leads to Success. Getting started on the Right Track. Your new career in Equipment Leasing is a perfect fit for the increasingly popular "Home-office Based Business" concept. The "Paramount Program" is designed to work at its maximum efficiencies when it's conducted out of your home or small office by phone, fax, and via the internet. For that reason your working capital is nominal. Equipment Leasing as an entrepreneurial business opportunity yields one of the best returns on your investment in America today. We look forward to answering any questions you may have. Please contact us.