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Below is an in-depth analysis and side-by-side comparison of AmCheck vs Accountables including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $68,700 - $174,100 | $19,125 - $22,300 |
Franchise Fee | $50,000 | $9,900 |
Royalty Fee | 8.5% | 990 |
Advertising Fee | 2.5% | 0 |
Year Founded | 1996 | 1978 |
Year Franchised | 2006 | 0 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | Experience Is Necessary We require that all of our franchise owners or owner groups have experience in the payroll industry. Our experience has shown that if you have the a solid understanding of the sales and/or operations side of a payroll service bureau, your chance for success is greatly enhanced. Our comprehensive training and support program will provide you with the tools that will enable you to get up to speed quickly. Along with experience, you need to bring a strong desire to be your own boss, to help others, a willingness to learn our system and excellent communication skills. We will take care of the rest, as we teach you the most effective process to attain your goals. The support doesn't end once your office is up and running: We will provide you with continuous support as you run your payroll service bureau. | An accounting background is not a necessity. However, you should have the ability to handle responsibilities with strong people skills, and have a strong interest in owning and operating a business that is a unique, exciting, and financially rewarding. |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | Training topics covered included: 1. Office organization, fixtures & budget 2. Proven advertising and marketing strategies 3. Pertinent product information 4. Computer program orientation 5. Staffing 6. Bookkeeping procedures and business planning 7. Client relations 8. Additional income producing sources and methods |
Support | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | - | - |
International Expansion | - | - |
A Rewarding and Lucrative Business When you become a franchise owner, you can enjoy the personal satisfaction and financial rewards that come from helping employers achieve their goals. By utilizing the knowledge, systems and relationships that we've been developing since 1996, you can get started in as little as 90 days. You will gain access to a system and support staff that would take a newcomer years to develop. And, the AmCheck brand is ready to go. The initial investment is far less than that required to start your own business and your office will be virtually turnkey. If you are accepted as an AmCheck Franchise Owner, we will train, certify and support you for the life of your business. By working with us, your entrepreneurial dreams can become reality. A Huge and Growing Demand for Our Service According to the U.S. Census Bureau Report "Statistics About Business," in 2004 there were over 5.8 million businesses with employees in the United States. All of these businesses are potential candidates for outsourcing payroll, human resources and benefits. Also according to the U.S. Census Bureau, the Payroll Service Industry has grown an amazing 150% from 1997 to 2002. For employers, when the IRS makes over an average of 420 tax law changes per year, it makes it virtually impossible for small businesses to cost-effectively manage their own payroll and administrative services. Currently, over nine million businesses fall into this category. With 98% of U.S. companies employing fewer than 100 employees, the market for outsourcing is booming, and while the Payroll and HR outsourcing industry continues to experience explosive growth, there's no better way to stay on top than with AmCheck. Succeed With Professional Support Once you establish an office facility, we will deliver complete start-up package, and then our team of experts will work on-site to install and set up everything. The franchise package includes specially designed workstations, a fully configured and networked server, specialty printers, web-based software applications, pc-based software applications, marketing materials, operation manuals, office signage and artwork. The franchisee will also be provided with sales leads, a marketing database of businesses in their territory and a complete Web-based sales management system. We will get you trained and launched, and then it's up to you to carry out the sales and operations strategies. After our experts leave your office, with desktop online support and ongoing training, we'll be with you every step of the way. Tremendous Income Potential and Flexibility Owning an AmCheck franchise means that you have tremendous income potential in your hands. Unlike many other businesses, there's no limit on your income. Also, with recurring revenue from customers, you can enjoy income for a very long time from a single sale.
THIS IS FOR A LICENSEE THIS IS NOT A FRANCHISE Imagine the opportunity of owning your own business in a prestigious and respected profession where everyone is a potential client! LOOK NO FURTHER....IT'S HERE! The ever changing guidelines, combined with the clients fears of doing their own taxes, create an enormous market. However, unlike most tax preparation business that are just seasonal, Accountables does not stop there! Offering Personal Financial Planning and Small Business Bookkeeping services ensures you that your business will be strong year round. The market for Accountables consulting and tax preparation services is almost unlimited, and has proven to be marketable to almost everyone and any small business operation. Perhaps best of all, under our system, is the fact that you have not only the freedom of owning your own business, but the advantage of being part of a larger support organization. The professionals at Accountables have over 45 years of accounting, Financial, Tax, and Business experience. No problem is too big or too small. Contact Us: 703-494-6215 The Opportunity Since 1979, Accountables unique concept for quality service has been satisfying clients.Accountables offers such services as Tax Preparation, Personal Financial Planning, Small Business Bookkeeping and more. The demand for quality professional services and Accountables methods to provide those services gives you the distinct advantage of owning a proven business concept. We provide you with proven strategies and practices which help reduce the risk and hazards of independent ownership and we remain available to assist you to ensure success over the long haul. In short, you will benefit tremendously in the dynamic, ever growing, lucrative, and highly rewarding profession through a healthy affiliation with Accountables.