STEARCLEAR vs Trupanion Franchise Comparison

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

Start-Up Costs and Fees

 
STEARCLEAR Franchise
Trupanion Franchise
Investment $53,400 - $143,050$375 - $1,500
Franchise Fee $37,500 - $93,750N/A
Royalty Fee 20%-
Advertising Fee --
Year Founded -2000
Year Franchised -2000
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee --


Business Experience Requirements

 
STEARCLEAR Franchise
Trupanion Franchise
Experience --

Financing Options

 
STEARCLEAR Franchise
Trupanion 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

 
STEARCLEAR Franchise
Trupanion Franchise
Training Training: Each franchisee goes through STEARCLEAR's exclusive 3 Day Training Academy where you will learn critical skills to run your business including: Administrative: - finances, accounting, payroll, reporting, regulatory compliance, iPad Franchisee Software Service Operations/Staff Management: Health & safety, programs, protocols, services, recruitment, hiring, training, policies, scheduling Sales & Marketing: Includes customer service, community relations and public relations -
Support --
Marketing

Customer service, community relations and public relations

-
Operations --

Expansion Plans

 
STEARCLEAR Franchise
Trupanion Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -No

Company Overviews

About STEARCLEAR

STEARCLEAR has taken franchising to the next level with a "franchise in a box" approach, providing everything a franchisee needs to run their business through an advanced iPad application. STEARCLEAR is a unique designated driver service that connects customers with local drive teams through a smartphone app. For a fee, the drive teams get both the customer and their car home safely. The company is backed by a $500,000 initial round of funding and announced yesterday that it has begun selling franchises across the United States for its smartphone enabled service. The press release is below my signature line. Designated driver services are not new, in fact there are thousands of independent services offer across the country. The founders of STEARCLEAR saw an opportunity in the market to streamline this very labor intensive and inefficient business model by combining smart phone and GPS technology with their knowledge of high-volume transactional systems to create a turn-key, fully automated business opportunity. What does the STEARCLEAR Franchise iPad App do? Pretty much everything a Franchisee needs to do to run their business. With it, the franchises don't have to process credit cards, handle paying employees or doing their tax reporting; they don't have to hire HR staff to ensure compliance with U.S. employment law, or worry with insurance and liability protections. StearClear also handles vetting the drivers, handling background checks, criminal and sexual predator checks, driving record checks, and even drug tests. STEARCLEAR has taken out much of the headaches of owning a business, simplified the process and provides a unique, beneficial service that is in demand.

About Trupanion

"Trupanion
We’re Trupanion. We’ve revolutionized medical insurance for pets by eliminating the traditional reimbursement model.
Our free, patented, web-based software simplifies insurance claims.
We provide claims decisions within minutes!
No more uncomfortable financial conversations with pet owners
-because Trupanion Insurance pays first.