Mr. Payroll vs ClaimTek Franchise Comparison

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

Start-Up Costs and Fees
 
Mr. Payroll Franchise
ClaimTek Franchise
Investment $60,500 - $151,500$22,000 - $45,000
Franchise Fee $10,000 - $30,000N/A
Royalty Fee 10-25%-
Advertising Fee --
Year Founded 19891993
Year Franchised 19921994
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements
 
Mr. Payroll Franchise
ClaimTek Franchise
Experience
  • General business experience
  • Customer service skills
    		• -

    Financing Options
     
    Mr. Payroll Franchise
    ClaimTek 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
    ClaimTek Franchise
    Training - At Headquarters At Licensee's Location Manual By Video Online By Phone
    Support Newsletter, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations Ongoing Support Newsletter Meetings Advertising/Marketing Sales Leads Technical Support Online Support Phone Support
    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)

    		Business can be run part-time.

    Expansion Plans
     
    Mr. Payroll Franchise
    ClaimTek Franchise
    US Expansion YesYes
    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 ClaimTek

    Start a Professional Medical Billing & Practice Management Consulting Service. The Right Opportunity at the Right Time!
    Medoffice Systems and ClaimTek - full scale medical billing business setup. Program includes state of the
    art software, marketing , support, training, ongoing support and
    professional marketing campaigns to get you started on the right track.
    Guaranteed appointments with doctors available.