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Updated RecentlyPark Select vs Charter Financial Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Park Select vs Charter Financial including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $55,000 - And Up | $195 |
| Franchise Fee | $40,000 | N/A |
| Royalty Fee | 10% - 6% | - |
| Advertising Fee | 1% | - |
| Year Founded | - | 1997 |
| Year Franchised | - | 1999 |
| Term Of Agreement | 5 years | - |
| Term Of Agreement | 5 years | - |
| 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 | Our comprehensive training program covers every aspect of owning and operating a Park Select franchise. You, any designated manager and up to two assistants will be supplied with the systems and tools that you will use to make your Park Select franchise a success. The step-by-step, in depth training will be administered by the very people that designed those systems and tools, our Park Select Training Team! Training at Park Select Franchising Opportunities headquarters in Wilmington, NC will last for one to two weeks, depending on the level of instruction needed in areas such as business organization or familiarity with the office software programs commonly used by Park Select. | Our training is a "packaged" offer that comes with: Excellent Home Study Manual - "Building Wealth Together" Online Training Materials Weekly Tele-Seminar Training Sessions |
| Support | Our Park Select Training Team and our Park Select Office Support Team will be there every step of the way! After your initial training at corporate headquarters, the Park Select Training Team will come to your territory for on-site training. Your field training will include helping you to establish your new accounts� assisting you as you set up and operate your Park Select office, and, of course, preparing you for a successful grand opening! Every territory and every franchisee is different; therefore, there is no pre-determined length of time for on-site training, though you can expect this period to last at least one to two weeks. And once your on-site field training is complete, ongoing training and support is only a phone call away. As your Park Select business grows, our corporate team will be there to help. From offering training for new staff members and management team members to assistance and advice on daily operations, Park Select franchisees are in business for themselves, but NEVER by themselves! | Newsletter Meetings Advertising/Marketing Technical Support Online Support Phone Support |
| Marketing | - | - |
| Operations | - | - Business can be run from home. - Business can be run part-time. - Business can be added on to an existing business. |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Park Select
Park Select was established over ten years ago with a simple philosophy in mind - Why should parking lot owners pay to protect their lots from parking violators? Park Select's customer-specific, parking lot solutions are proven to alleviate parking lot abuse - and at little or no cost to our client, the lot owner! Park Select's unique business model ensures that the parking violator bears the burden of that cost! Park Select 003 What can a Park Select franchise do for property owners in your area? Generate Revenue Improve Functionality Eliminate Unnecessary Cost Until Park Select, property and business owners were forced to spend hundreds, even thousands, keeping unwanted cars out of their lots - contracting expensive security companies, hiring their own attendants to stop parking violators or installing costly equipment . Park Select Franchising Opportunities is changing all that, by equipping a new generation of business men and women with Park Select's innovative and proven systems and tools! We are proud of Park Select's success story and excited for the future of Park Select and the future opportunities of our Park Select franchisees. Perhaps that's you.
About Charter Financial
Looking for the perfect business to work during this bad economy? Our business is one of the few that is actually prospering during these bad economic times because we offer a very valuable financial service to our customers. If you have interest in helping people in need, while making a great income at the same time, then NOTE BROKERING would be great for you. Note Brokering is THE BEST business to work during a bad economy! Our company, Charter Financial, is a national purchaser of owner financed mortgages, land contracts, deeds of trust, structured court settlements, annuities, lottery winnings, business notes and WE NOW PURCHASE NON-PERFORMING BANK LOANS TOO. Here's how it works - There are literally millions of people around the country who are receiving payments from these types of notes. The only problem is that these people have to wait years and years to collect the money that is owed them. Most of them would prefer a lump sum of cash now for their "notes" but don't know who to sell them to, since banks can't help them. We help these individuals by providing them with a lump sum of cash now in exchange for the rights to receive their future payments. You can get in on the action by finding these note holders for us. We teach you how to locate them and all you do is bring the deals to us and YOU EARN HUGE REFERRAL FEES each time. Our business has never been better because there are so many people who are in need of cash and because of this, note holders are selling their notes at a record pace. Also, there are thousands and thousands of new owner financed real estate notes and land contracts being created everyday, because banks are still not lending. Add it all up and you can see that NOW IS THE TIME to work this great business. You can work this business from anywhere in the country with no territorial restrictions and you make your own schedule. You may work on a part-time basis in addition to your present job or you can work the business on a full-time basis. We train our own consultants so that you know exactly how to locate these note holders and you know exactly how to get the deals to us. Performance Bonus - $195 for your first deal, $250 for your second and $500 on your third. These bonuses are in addition to the fees you will be earning on each transaction. We do all the paperwork for you on your deals (at no cost to you) 30 Day Money Back Guarantee We are the industry leader and have been in business for over 15 years. We are an A-Rated BBB Company and we offer the best training and support in the industry. By working together, we can both profit. The fees that you earn from each deal range from a thousand dollars to $50,000+. The average fee is around $3,000 per transaction and the average amount of time spent on each deal is around 1 to 2 hours.