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Below is an in-depth analysis and side-by-side comparison of Glacial Star Group vs Transworld Business Advisors including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $50,000 | $74,855 - $97,185 |
Franchise Fee | $50,000 | $49,500 |
Royalty Fee | $2,200 per month | 8% |
Advertising Fee | 0 | $150/mo. |
Year Founded | 2006 | 2010 |
Year Franchised | 2008 | 2010 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
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 | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | Transworld Business Advisors will provide complete training and support on all indispensable services needed to buy or sell a business, including: *Listing a business for sale *Providing business valuations *Identifying and qualifying buyers *Marketing a business *Arranging financing *Managing due diligence *Coordinating closing *Guiding buyers and sellers through the entire sales process You receive the training and support that incorporate proven techniques so that you can achieve success fast. You have access to a network of business owners who have been through the exact same experience. Networking and support from other owners is a priceless resource in business ownership. On-The-Job Training: 33 hours Classroom Training: 70 hours |
Support | - | Ongoing Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform |
Marketing | - | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing |
Operations | - | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | Yes |
Own your own collection agency! In today's down economy, the collection industry is booming and Glacial Star Group, Inc. is offering a collection franchise opportunity. At a price equivalent to a mere fraction of what one would pay to start their own agency and become licensed nationwide, a GSG franchisee gains nationwide licensing, a full compliance department (to answer issues such as Attorney General or Better Business Bureau complaints), all necessary documents (including NDA's, contingency and purchasing contracts, and CNR Attorney reviewed letters) and full access to ICEware Corp.'s ICEware Collection Software, Hosted Collection Services and Hosted IT support. ICEware is based on Zero-Footprint Technology, meaning there is no need for in-house servers or other hardware. It is browser-based as well; thus uses only limited resources and works in an 'on demand' environment. Also, ICEware Corp. acts as an outsourced IT department for GSG franchisees; quickly and efficiently handling unlimited updates, reporting, customization and training at no additional cost, and eliminating the need for an in-house IT department. As an added note, ICEware can be integrated with third party vendors (including dialers, letter vendors, skip tracers and credit bureaus) at no additional cost. GSG also offers an Exchange Model which makes it possible for a company or individual to manage multiple remote offices anywhere in the world from a centralized location. GSG will put you in contact with their pre-approved exchange teams that work only on commission; meaning you don't pay unless they collect. Welcome to the first 'out-of-the-box' collection agency franchise opportunity coupled with the world's first designer collection software!
Transworld Business Advisors began in 2007 by Transworld Business Brokers and United Franchise Group