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Below is an in-depth analysis and side-by-side comparison of Express Employment Professionals vs Accountants including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $150,000 - $295,000 | $185,800 - $259,000 |
Franchise Fee | $40,000 | $30,000 |
Royalty Fee | 8.6% | 10% |
Advertising Fee | 0.6% | - |
Year Founded | 1983 | 1986 |
Year Franchised | 1985 | 1994 |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
Renewal Fee | - | 50% of current franchise 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 | No/No | No/No |
Start-up Costs | No/Yes | No/No |
Equipment | Yes/No | No/No |
Inventory | No/No | No/No |
Receivables | Yes/No | Yes/No |
Payroll | Yes/No | Yes/No |
Training & Support |
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Training | On-The-Job Training: 40 hours Classroom Training: 80 hours Additional Training: At certified training office | - |
Support | Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations |
Marketing | We will provide marketing and advertising materials and special sales campaigns and promotional programs as may be developed by Us and deemed to be helpful for Your business including: Ad Templates National Media Social media SEO Website development Email marketing | National media, Regional advertising |
Operations |
29% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | No |
International Expansion | Yes | No |
Begun in San Francisco in 1986, Accountants Inc. provides temporary and full-time staffing of accounting and financial services professionals. Dianne Burr Justus, formerly an executive with staffing firm Adecco, founded the company after seeing a need for a niche firm in the placement industry.
Accountants Inc. became part of Select Group, a British provider of staffing services, in 1993.