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Below is an in-depth analysis and side-by-side comparison of Accountants vs Medoffice Systems 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 | $20,000 - $40,000 |
Franchise Fee | $30,000 | $9,900 |
Royalty Fee | 10% | - |
Advertising Fee | - | - |
Year Founded | 1986 | - |
Year Franchised | 1994 | - |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
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 | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | Yes/No | -/- |
Payroll | 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 | - |
International Expansion | No | - |
Start-Up Costs and Fees Mobile |
||
Investment | ||
$185,800 - $259,000 | ||
$20,000 - $40,000 | ||
Franchise Fee | ||
$30,000 | ||
$9,900 | ||
Royalty Fee | ||
10% | ||
- | ||
Advertising Fee | ||
- | ||
- | ||
Year Founded | ||
1986 | ||
- | ||
Year Franchised | ||
1994 | ||
- | ||
Term Of Agreement | ||
- | ||
- | ||
Renewal Fee | ||
50% of current franchise fee | ||
- | ||
Business Experience Requirements |
||
Experience | ||
- | ||
Financing Options |
||
In-House/3rd Party | ||
Franchise Fees | ||
No/No | ||
-/- | ||
Start-up Costs | ||
No/No | ||
-/- | ||
Equipment | ||
No/No | ||
-/- | ||
Inventory | ||
No/No | ||
-/- | ||
Receivables | ||
Yes/No | ||
-/- | ||
Payroll | ||
Yes/No | ||
-/- | ||
Training & Support |
||
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 |
||
US Expansion | ||
Yes | ||
- | ||
Canada Expansion | ||
No | ||
- | ||
International Expansion | ||
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.