The Franchise Group vs GoTelecare Franchise Comparison

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

Start-Up Costs and Fees
 
The Franchise Group Franchise
GoTelecare Franchise
Investment $91,500 - $102,000$133,650 - $170,000
Franchise Fee N/A$100,000
Royalty Fee -0
Advertising Fee -0
Year Founded 20042012
Year Franchised 20042014
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
The Franchise Group Franchise
GoTelecare Franchise
Experience --

Financing Options
 
The Franchise Group Franchise
GoTelecare Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
The Franchise Group Franchise
GoTelecare Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
The Franchise Group Franchise
GoTelecare Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

Company Overviews

About The Franchise Group

The company specialises, using its unique 'Upside Down Franchising System', in helping small and medium sized enterprises (SME's) to franchise their businesses. In a short period of time the company has grown to become the largest franchise specialist in the UK with 17 Senior Franchise Partners, 60 Franchise Partners and over 50 clients. In November 2005 the company was approached by several individuals and companies from around the world asking for International Master Licences to use the 'Upside Down Franchising System' in their own country/territory. In response to these approaches The Franchise Group has formed a company called The Franchise Group International (TFGI) to offer International Master Licences to suitable individuals and organisations throughout the world. Market research shows that the franchise market in most of the western world and several emerging nations is growing steadily with no clear market leader within our specialisation. With this in mind we believe that our 'Upside Down Franchising System' can, as in the UK, be successfully implemented throughout the world, helping SME's to successfully transform their businesses into franchises, and in turn giving excellent financial returns to the Master Franchisee and his team. Taking into account the experience and enthusiasm of the management team, the excellent existing infrastructure, together with the currently successful business, the time is now perfect for TFG to expand its franchise network by offering Master Licences to suitably qualified individuals and organisations around the world.

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