Mr. Payroll vs Fiducial Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Mr. Payroll vs Fiducial including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Mr. Payroll Franchise
Fiducial Franchise
Investment $60,500 - $151,500$30,200 - $83,800
Franchise Fee $10,000 - $30,000$25,000
Royalty Fee 10-25%7%
Advertising Fee --
Year Founded 19891999
Year Franchised 19921999
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee -$5K


Business Experience Requirements

 
Mr. Payroll Franchise
Fiducial Franchise
Experience
  • General business experience
  • Customer service skills

  • Industry experience
  • General business experience
  • Marketing skills

  • Financing Options

     
    Mr. Payroll Franchise
    Fiducial Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesNo/No
    Start-up Costs No/YesNo/No
    Equipment No/YesNo/No
    Inventory No/NoNo/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support

     
    Mr. Payroll Franchise
    Fiducial Franchise
    Training --
    Support Newsletter, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluationsNewsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives
    Marketing Co-op advertising, Ad slicksCo-op advertising, Ad slicks, National media, Regional advertising
    Operations 39% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 2

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

    2% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 1 - 4

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)


    Expansion Plans

     
    Mr. Payroll Franchise
    Fiducial Franchise
    US Expansion Yes-
    Canada Expansion NoNo
    International Expansion NoNo

    Company Overviews

    About Mr. Payroll

    If you have a strong understanding of the financial and operational requirements of running a business and are interested in opening a franchise with a recognized brand name, you've come to the right place! Cash America offers franchising opportunities through its brand, Mr. Payroll. Why choose a Mr. Payroll franchise? With Mr. Payroll, you'll get: *Instant recognition *As part of the Cash America International, Inc. family of companies, Mr. Payroll is one of the most recognized names in the check-cashing industry. *An established, outstanding reputation*Mr. Payroll is well-known for its professional and courteous customer service. *An abundance of knowledge at your fingertips *Mr. Payroll knows how to create attractive and well-organized units. In addition, Mr. Payroll's Licensed System keeps you at the leading edge of technology and provides you with the information you need to get started. *Franchised site within an assigned territory *Proven business practices *Strategic management consultation from industry experts *License to utilize Mr. Payroll's trademarks, store decor, signs and images *Assistance with advertising/marketing campaigns and materials, as requested *Store design, construction services and fixture supply In addition, a Mr. Payroll check-cashing franchise may: *Increase the profile of your business *Free up your sales counter for more efficient operations. Get Started on your journey of discovery!

    About Fiducial

    For over 40 years, Fiducial has offered a comprehensive range of expert professional services and products to assist clients with their business and personal affairs. As a real partner to businesses and individuals, Fiducial allows its members and clients to focus on succeeding whatever their ambitions may be.


    Fiducial Franchise business provides bookkeeping and financial management services, tax services, financial services, business counseling services and payroll services to small business owners and individuals with the advantages and extensive resources only a global industry leader can offer. Fiducial offers the upper-middle income individual and small business owner all the services they need to effectively manage their finances. Rather than selling individual services, their emphasis is on the relationship, so their clients come to them for all their needs, month-in and month-out, year after year.

    Franchise offices operate out of commercial spaces furnished in such a manner that clients walking in immediately realize that their business, financial and tax needs will be taken care of by qualified individuals who will always be there for them.