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Below is an in-depth analysis and side-by-side comparison of Accountants vs PersoNet including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $185,800 - $259,000 | $35,200 - $100,000 |
Franchise Fee | $30,000 | $15,000 - $60,000 |
Royalty Fee | 10% | Varies |
Advertising Fee | - | - |
Year Founded | 1986 | 1994 |
Year Franchised | 1994 | 1994 |
Term Of Agreement | - | 10 years |
Term Of Agreement | - | 10 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/No | No/No |
Equipment | No/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 | - | - |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | - |
Marketing | National media, Regional advertising | - |
Operations |
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 | - |
Canada Expansion | No | No |
International Expansion | No | 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.
NO LONGER FRANCHISING