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Updated RecentlyRecognition Express vs GoTelecare Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Recognition Express vs GoTelecare including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $82,100 - $118,500 | $133,650 - $170,000 |
| Franchise Fee | $29,500 | $100,000 |
| Royalty Fee | 4-6% | 0 |
| Advertising Fee | - | 0 |
| Year Founded | 1972 | 2012 |
| Year Franchised | 1974 | 2014 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal 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 | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | - | - |
| Support | - | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
About Recognition Express
Recognition Express is an award-winning B2B franchise which specializes in corporate branded merchandise.
Our franchisees build and maintain relationships through customer contact and communication so as to grow and develop the business. The franchise can be run from home to save on initial costs though most franchisees do in fact operate out of a small business unit. Franchise owners receive full training and on-going business support which allows them to create the work/life balance that suits them.
About GoTelecare
GoTelecare is a leading provider of business and knowledge process
services in healthcare domains. We deliver proprietary technologies,
workflow and business processes to meet our clients’ expectations and
enhance their operational capabilities. With our understanding of the
healthcare industry and leading technological capabilities, we are
well-positioned to assist our clients financial growth.
In most medical billing franchises, the franchisee is required to enter claims and work collections on behalf of the client. At GoTelecare, once the client is contracted, we handle the transition, implementation, on-boarding, and continue to submit the claims and handle processing and collections on your behalf.
Key benefits for franchisees include:
Low initial franchise price compared to other franchise types
Franchisee office is company headquarters, with hours determined by franchisee
Ongoing, residual income from recurring patient consultations and billing services
Unmatched training, marketing materials & sales support provided by GoTelecare Sales prospect lead identification and virtual assistant support to help book sales meetings