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Below is an in-depth analysis and side-by-side comparison of Glacial Star Group 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 | $50,000 | $800,000 - $1,000,000 |
Franchise Fee | $50,000 | $75,000 - $350,000 |
Royalty Fee | $2,200 per month | 4% |
Advertising Fee | 0 | 1% |
Year Founded | 2006 | 1976 |
Year Franchised | 2008 | 1985 |
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 | - | - |
Support | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | - | Yes |
International Expansion | - | - |
Own your own collection agency! In today's down economy, the collection industry is booming and Glacial Star Group, Inc. is offering a collection franchise opportunity. At a price equivalent to a mere fraction of what one would pay to start their own agency and become licensed nationwide, a GSG franchisee gains nationwide licensing, a full compliance department (to answer issues such as Attorney General or Better Business Bureau complaints), all necessary documents (including NDA's, contingency and purchasing contracts, and CNR Attorney reviewed letters) and full access to ICEware Corp.'s ICEware Collection Software, Hosted Collection Services and Hosted IT support. ICEware is based on Zero-Footprint Technology, meaning there is no need for in-house servers or other hardware. It is browser-based as well; thus uses only limited resources and works in an 'on demand' environment. Also, ICEware Corp. acts as an outsourced IT department for GSG franchisees; quickly and efficiently handling unlimited updates, reporting, customization and training at no additional cost, and eliminating the need for an in-house IT department. As an added note, ICEware can be integrated with third party vendors (including dialers, letter vendors, skip tracers and credit bureaus) at no additional cost. GSG also offers an Exchange Model which makes it possible for a company or individual to manage multiple remote offices anywhere in the world from a centralized location. GSG will put you in contact with their pre-approved exchange teams that work only on commission; meaning you don't pay unless they collect. Welcome to the first 'out-of-the-box' collection agency franchise opportunity coupled with the world's first designer collection software!
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.