Family Financial Centers vs Cash America Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Family Financial Centers vs Cash America including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Family Financial Centers Franchise
Cash America Franchise
Investment $153,710 - $307,010$344,000 - $1,777,500
Franchise Fee $40,500N/A
Royalty Fee $275+/mo.-
Advertising Fee --
Year Founded 20041983
Year Franchised 20041997
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Family Financial Centers Franchise
Cash America Franchise
Experience --

Financing Options
 
Family Financial Centers Franchise
Cash America Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees Yes/Yes-/-
Start-up Costs Yes/Yes-/-
Equipment Yes/Yes-/-
Inventory No/No-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support
 
Family Financial Centers Franchise
Cash America Franchise
Training On-The-Job Training: 40+ hours Classroom Training: 40 hours Additional Training: Field training -
Support 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 SEO Website development Loyalty program/app-
Operations --

Expansion Plans
 
Family Financial Centers Franchise
Cash America Franchise
US Expansion Yes-
Canada Expansion No-
International Expansion Yes-

Company Overviews

About Family Financial Centers

FAMILY FINANCIAL CENTERS (FFC) FRANCHISE was developed to address the market opportunity created by the loss of neighborhood branch banks and the sub-standard response by current alternative financial service providers. FAMILY FINANCIAL CENTERS, unlike the traditional check cashing and payday loan companies, are not located in the war zones and poorer parts of town. FFC is positioned in the first and second tier suburbs where the middle-income customer has firmly established himself and is looking for a provider that can give him the ambience and professional service of a local bank, but in a manner that meets his specific needs. FFC stores are located in attractive suburban strip centers that are convenient to the customers home or work. The store presentation is a bank-like setting with the latest computer systems and transactional software that allow for quick and efficient service, and security systems that are state of the art but don't sacrifice customer contact and owner comfort. The franchise marketing programs promote a full menu of financial products to the communities they are serving. Because most of the industry is not aware of or committed to the fundamentals of branding, marketing, and automated systems, FFC franchisees can exploit these areas as its competitive advantage to attract and build market share with a consumer base that is eager for a quality service provider. Additionally, FFC will be very active in developing new products and services that its franchisees can then market to their existing customer base, further cementing that relationship and differentiating the FFC brand from the rest of the pack. Finally, and perhaps most importantly, franchisees have an experienced corporate management team with a support staff that can properly set up their stores and provide the training they need to launch their businesses, and work with them on an ongoing basis to successfully build those businesses.
WE DO IT ALL!
 *Market Evaluation
 *Site Selection
 *Turnkey "Store in a Box"
 *Project Management
 *Licensing
 *Classroom and in-store Training
 *Ongoing Support
 *Financing Assistance
* If you're looking for a single source solution for researching, developing and opening your store, FFC is the place for you. We will lead you through the maze of starting a business from initial discussion to store opening and support you thereafter. We're there each step of the way. 

Veteran Incentives  10% off franchise fee

About Cash America

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!