CFO Today vs First Class Accounts Pty Ltd Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of CFO Today vs First Class Accounts Pty Ltd including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
CFO Today Franchise
First Class Accounts Pty Ltd Franchise
Investment $24,400 - $40,000 $36,000
Franchise Fee $24,000 N/A
Royalty Fee Varies -
Advertising Fee - -
Year Founded 1989 2000
Year Franchised 1990 2000
Term Of Agreement 10 years -
Term Of Agreement 10 years -
Renewal Fee $4.8K -


Business Experience Requirements

 
CFO Today Franchise
First Class Accounts Pty Ltd Franchise
Experience - -

Financing Options

 
CFO Today Franchise
First Class Accounts Pty Ltd Franchise
  In-House/3rd Party In-House/3rd Party
Franchise Fees No/No -/-
Start-up Costs No/No -/-
Equipment No/No -/-
Inventory No/No -/-
Receivables No/No -/-
Payroll No/No -/-

Training & Support

 
CFO Today Franchise
First Class Accounts Pty Ltd Franchise
Training - -
Support Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives -
Marketing Co-op advertising, Ad slicks, National media, Regional advertising -
Operations Franchise can be run from home.

20% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 1

Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators)

-

Expansion Plans

 
CFO Today Franchise
First Class Accounts Pty Ltd Franchise
US Expansion - -
Canada Expansion No No
International Expansion Yes No

Start-Up Costs and Fees Mobile

Investment
CFO Today Franchise
$24,400 - $40,000
First Class Accounts Pty Ltd Franchise
$36,000
Franchise Fee
CFO Today Franchise
$24,000
First Class Accounts Pty Ltd Franchise
N/A
Royalty Fee
CFO Today Franchise
Varies
First Class Accounts Pty Ltd Franchise
-
Advertising Fee
CFO Today Franchise
-
First Class Accounts Pty Ltd Franchise
-
Year Founded
CFO Today Franchise
1989
First Class Accounts Pty Ltd Franchise
2000
Year Franchised
CFO Today Franchise
1990
First Class Accounts Pty Ltd Franchise
2000
Term Of Agreement
CFO Today Franchise
10 years
First Class Accounts Pty Ltd Franchise
-
Renewal Fee
CFO Today Franchise
$4.8K
First Class Accounts Pty Ltd Franchise
-


Business Experience Requirements

Experience
CFO Today Franchise
-
First Class Accounts Pty Ltd Franchise
-

Financing Options

  In-House/3rd Party
Franchise Fees
CFO Today Franchise
No/No
First Class Accounts Pty Ltd Franchise
-/-
Start-up Costs
CFO Today Franchise
No/No
First Class Accounts Pty Ltd Franchise
-/-
Equipment
CFO Today Franchise
No/No
First Class Accounts Pty Ltd Franchise
-/-
Inventory
CFO Today Franchise
No/No
First Class Accounts Pty Ltd Franchise
-/-
Receivables
CFO Today Franchise
No/No
First Class Accounts Pty Ltd Franchise
-/-
Payroll
CFO Today Franchise
No/No
First Class Accounts Pty Ltd Franchise
-/-

Training & Support

Training
CFO Today Franchise
-
First Class Accounts Pty Ltd Franchise
-
Support
CFO Today Franchise
Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives
First Class Accounts Pty Ltd Franchise
-
Marketing
CFO Today Franchise
Co-op advertising, Ad slicks, National media, Regional advertising
First Class Accounts Pty Ltd Franchise
-
Operations
CFO Today Franchise
Franchise can be run from home.

20% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 1

Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators)

First Class Accounts Pty Ltd Franchise
-

Expansion Plans

US Expansion
CFO Today Franchise
-
First Class Accounts Pty Ltd Franchise
-
Canada Expansion
CFO Today Franchise
No
First Class Accounts Pty Ltd Franchise
No
International Expansion
CFO Today Franchise
Yes
First Class Accounts Pty Ltd Franchise
No

Company Overviews

About CFO Today

John Harrison felt that many small businesses were failing because they couldn't afford accountants, so he began providing 'professional services at bookkeeper's rates.' In 1989, Harrison established Accountant's Choice, which has since changed its name to CFO Today.

Franchising started in 1990, and there are now locations across the United States offering accounting services to local small businesses.

About First Class Accounts Pty Ltd

Australia’s leading bookkeeping franchise is looking for motivated individuals to be part of our nationwide network.

Make Bookkeeping your own business. Owning a First Class Accounts bookkeeping franchise means you can turn bookkeeping from a job into a rewarding career, where you are the boss!

Bookkeeping is our focus. We are dedicated to providing the highest quality bookkeeping services to business owners, and to that end, bookkeeping and related financial services are all that we do. By not diversifying into other franchise areas, we can direct all our considerable knowledge into First Class Accounts.
 

A First Class Accounts client receives experience that goes beyond just receiving up-to-date professional bookkeeping information.

We help business owners to make informed and timely decisions which affect their operational efficiency, control, cashflow and profitability. We stand for the best advice.