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Updated RecentlyMaster Franchise Specialists vs ARCpoint Labs Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Master Franchise Specialists vs ARCpoint Labs including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $25,000 - $35,000 | $156,250 - $377,725 |
| Franchise Fee | $19,900 | $49,500 |
| Royalty Fee | - | 7% |
| Advertising Fee | - | 2% |
| Year Founded | - | 2005 |
| Year Franchised | - | 2005 |
| Term Of Agreement | - | 10 years |
| Term Of Agreement | - | 10 years |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - Strong entrepreneurial spirit - Share our vision of nationwide brand dominance - Previous medical industry experience is not required The financial qualifications to purchase a franchise can vary based on the area where you want to operate. First and foremost, you must have good credit and borrowing capacity. At a minimum, you should have a net worth of $350,000, liquid assets of no less than $50,000, and a credit score above 700. ARCpoint Franchise Group makes available a list of third party resources to assist with financing if needed. |
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 | - | Classroom Training ARCpoint Labs University classroom training takes place over a period of 5 days, Monday through Friday, at corporate headquarters in Greenville, SC. Prior to attending ARCpoint Labs University, you will receive the ARCpoint Labs video training series containing approximately 18 hours of instruction on various drug testing and DNA methodologies. After completing the video training, you will take an online exam and be ready to delve more deeply into industry requirements and regulations once you arrive in Greenville. Training consists of: • Reviewing drugs of abuse and testing methodologies • Identification of target markets, sales techniques and marketing strategies • Completion of DOT compliant training • Introduction to drug testing software • Administration and office procedures • Clinical testing and worksite (corporate) wellness On-Site Lab Training While at corporate headquarters attending ARCpoint Labs University, you will have the opportunity to put your training into action. You will spend time at our affiliate lab (in Greenville, SC) shadowing, performing drug tests and learning proper lab procedures and protocols. ARCpoint Labs Training At Your Location When you’re ready to open your business, an ARCpoint Labs operational team member will visit your lab location for comprehensive operations training to include: • Office configuration and work flow • Document management • Regulatory compliance • ARCpoint Labs established protocols • Best practices On-The-Job Training: 32 hours Classroom Training: 78 hours Additional Training: Online training |
| Support | - | As an ARCpoint franchisee, you will have the support of a management team with 20 years of experience and expertise in this niche industry. We will support you in territory mapping analysis and site selection, third party financing, lease review, and office design and set up as well as: Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | - | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
| Operations | - | Number of Employees Required to Run: 2 |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Master Franchise Specialists
Become a Franchise Consultant and enjoy the personal satisfaction and financial rewards that come from helping others achieve their goals. You are never alone. If you are accepted as a Master Franchise Specialists Consultant, we will train, certify, and support you for the life of your business. By taking advantage of our knowledge and business relationships from over 30 years of experience, you can get started immediately. And at only $19,900, the investment is far less than what is required to become a successful consultant in any other field. We offer a license program with training and co-op lead generation for individuals with Franchise experience, Executive Consulting or sales background, By working with us, your entrepreneurial dreams and business goals can become a reality! Master Franchise Consultants enjoy tremendous income potential, earning up to $15,000 for a single transaction. Also, you can also operate this business from your home or a small office, requiring only a phone, fax and computer, so your overhead is very low. In addition, you have the flexibility to start this business on a full-time basis, or on a part-time basis while maintaining your current position. Master Franchise Specialists LLC advantages: * Your Own Business, Only $25,000 to $35,000 Initial Investment! * True Six Figure Income Potential! * A Multi-Billion Dollar, Fast-Growing Industry! * Largest Franchise Inventory in the World! * Clients Provided no Cold Calls or Hard Sells! * Work with New People Every Day! * Formal Initial Training and Ongoing Support! (No Experience Necessary) * Home-Based or Office Location! * Flexibility to Work Part-time or Full-Time! * Exclusive Worldwide Franchise Representation Agreements! * A Relocatable Business! * Unlimited Global Territory! * Begin Your New Career Immediately!