Compound Profit vs GoTelecare Franchise Comparison

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

Start-Up Costs and Fees

 
Compound Profit Franchise
GoTelecare Franchise
Investment $25,000$133,650 - $170,000
Franchise Fee $15,000$100,000
Royalty Fee 6%0
Advertising Fee -0
Year Founded 20062012
Year Franchised 20062014
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Compound Profit Franchise
GoTelecare Franchise
Experience --

Financing Options

 
Compound Profit Franchise
GoTelecare Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Compound Profit Franchise
GoTelecare Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Compound Profit Franchise
GoTelecare Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

Company Overviews

About Compound Profit

Compound Profit provides working capital and equipment to companies, while its "Profit Advisors” simultaneously coach clients on how to create credit assets, increase earnings, and decrease losses and risk. With decades of experience in finance and business, Compound Profit’s team empowers clients with the know-how to make their companies profitable and healthy. This approach stabilizes small- to medium-sized ventures and positions them for increased funding opportunities. Launched in Texas, Compound Profit has expanded nationwide and operates under a successful franchise model. With its national expansion, Compound Profit is growing to 300 franchised locations across the United States and will employ 6,000 account executives.
 
Owning a Compound Profit franchise is like owning several franchises in one because you provide multiple fundamental business services to your clients.

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