Mr. Payroll vs True Bottom Line Franchise Comparison

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

Start-Up Costs and Fees

 
Mr. Payroll Franchise
True Bottom Line Franchise
Investment $60,500 - $151,500$25,700 - $39,000
Franchise Fee $10,000 - $30,000$19,500
Royalty Fee 10-25%-
Advertising Fee --
Year Founded 1989-
Year Franchised 1992-
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements

 
Mr. Payroll Franchise
True Bottom Line Franchise
Experience
  • General business experience
  • Customer service skills
  • -

    Financing Options

     
    Mr. Payroll Franchise
    True Bottom Line Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support

     
    Mr. Payroll Franchise
    True Bottom Line Franchise
    Training --
    Support Newsletter, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations-
    Marketing Co-op advertising, Ad slicks-
    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)

    -

    Expansion Plans

     
    Mr. Payroll Franchise
    True Bottom Line Franchise
    US Expansion Yes-
    Canada Expansion No-
    International Expansion No-

    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 True Bottom Line

    The TBL Group is a unique bookkeeping/accounting franchise that takes "numbers-crunching" to the executive level by offering an expanded array of assistance and guidance to small business. Why walk away from a client leaving valuable services and dollars on the table? Business owners today need proactive, "go-to" partnerships. The TBL Group system has proven to be that "go-to partner!" Executive-level accounting starts with a highly detailed audit of both manual and automated systems and procedures that impact the financial health of a company. The TBL franchisee looks beyond the numbers and finds the holes in any operation. This vital analysis leads to greater client confidence; expanded services rendered; and increased profits for the client and the TBL franchisee. Accountants often hit roadblocks and challenges that affect their performance and value to their client. The TBL Group corporate support team has experienced it all, and is just a phone call or email away from helping the TBL franchisee solve the puzzle. TBL Group franchisees are trained to be proactive, innovative thinkers. The TBL system delivers timely and accurate trend analysis reports to facilitate critical business forecasting. The TBL management information system enables clients to always have their fingers on the pulse of their company's financial health, allowing them to stay the course toward targeted goals and prosperity. Managing risk is especially vital to small businesses. The TBL system excels in facilitating this focus. Many bookkeepers/accountants do not effectively analyze and help manage their client's balance sheet. This is critical, and, here again, the TBL system delivers at the executive level. There are a myriad of accounting forms floating around. The TBL system has refined the use of forms to a level that streamlines the accounting process for efficiency and results. The TBL Group franchisee is trained to advise clients on leading accounting software. The TBL Group franchisee is trained to assemble a quality team of service professionals, including attorneys, tax experts, banking professionals, IT support, etc. Each franchisee will be part of the dealer network for Actiontrak products.