CFO Today vs Medoffice Systems Franchise Comparison

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

Start-Up Costs and Fees

 
CFO Today Franchise
Medoffice Systems Franchise
Investment $24,400 - $40,000 $20,000 - $40,000
Franchise Fee $24,000 $9,900
Royalty Fee Varies -
Advertising Fee - -
Year Founded 1989 -
Year Franchised 1990 -
Term Of Agreement 10 years -
Term Of Agreement 10 years -
Renewal Fee $4.8K -


Business Experience Requirements

 
CFO Today Franchise
Medoffice Systems Franchise
Experience - -

Financing Options

 
CFO Today Franchise
Medoffice Systems 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
Medoffice Systems 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
Medoffice Systems Franchise
US Expansion - -
Canada Expansion No -
International Expansion Yes -

Start-Up Costs and Fees Mobile

Investment
CFO Today Franchise
$24,400 - $40,000
Medoffice Systems Franchise
$20,000 - $40,000
Franchise Fee
CFO Today Franchise
$24,000
Medoffice Systems Franchise
$9,900
Royalty Fee
CFO Today Franchise
Varies
Medoffice Systems Franchise
-
Advertising Fee
CFO Today Franchise
-
Medoffice Systems Franchise
-
Year Founded
CFO Today Franchise
1989
Medoffice Systems Franchise
-
Year Franchised
CFO Today Franchise
1990
Medoffice Systems Franchise
-
Term Of Agreement
CFO Today Franchise
10 years
Medoffice Systems Franchise
-
Renewal Fee
CFO Today Franchise
$4.8K
Medoffice Systems Franchise
-


Business Experience Requirements

Experience
CFO Today Franchise
-
Medoffice Systems Franchise
-

Financing Options

  In-House/3rd Party
Franchise Fees
CFO Today Franchise
No/No
Medoffice Systems Franchise
-/-
Start-up Costs
CFO Today Franchise
No/No
Medoffice Systems Franchise
-/-
Equipment
CFO Today Franchise
No/No
Medoffice Systems Franchise
-/-
Inventory
CFO Today Franchise
No/No
Medoffice Systems Franchise
-/-
Receivables
CFO Today Franchise
No/No
Medoffice Systems Franchise
-/-
Payroll
CFO Today Franchise
No/No
Medoffice Systems Franchise
-/-

Training & Support

Training
CFO Today Franchise
-
Medoffice Systems Franchise
-
Support
CFO Today Franchise
Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives
Medoffice Systems Franchise
-
Marketing
CFO Today Franchise
Co-op advertising, Ad slicks, National media, Regional advertising
Medoffice Systems 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)

Medoffice Systems Franchise
-

Expansion Plans

US Expansion
CFO Today Franchise
-
Medoffice Systems Franchise
-
Canada Expansion
CFO Today Franchise
No
Medoffice Systems Franchise
-
International Expansion
CFO Today Franchise
Yes
Medoffice Systems Franchise
-

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 Medoffice Systems