CFO Today vs ClaimTek Franchise Comparison

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

Start-Up Costs and Fees

 
CFO Today Franchise
ClaimTek Franchise
Investment $24,400 - $40,000$22,000 - $45,000
Franchise Fee $24,000N/A
Royalty Fee Varies-
Advertising Fee --
Year Founded 19891993
Year Franchised 19901994
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $4.8K-


Business Experience Requirements

 
CFO Today Franchise
ClaimTek Franchise
Experience --

Financing Options

 
CFO Today Franchise
ClaimTek Franchise
  In-House/3rd PartyIn-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
ClaimTek Franchise
Training - At Headquarters At Licensee's Location Manual By Video Online By Phone
Support Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives Ongoing Support Newsletter Meetings Advertising/Marketing Sales Leads Technical Support Online Support Phone Support
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)

Business can be run part-time.

Expansion Plans

 
CFO Today Franchise
ClaimTek Franchise
US Expansion -Yes
Canada Expansion No-
International Expansion Yes-

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 ClaimTek

Start a Professional Medical Billing & Practice Management Consulting Service. The Right Opportunity at the Right Time!
Medoffice Systems and ClaimTek - full scale medical billing business setup. Program includes state of the
art software, marketing , support, training, ongoing support and
professional marketing campaigns to get you started on the right track.
Guaranteed appointments with doctors available.