Glacial Star Group vs Thriveworks Franchise Comparison

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

Start-Up Costs and Fees

 
Glacial Star Group Franchise
Thriveworks Franchise
Investment $50,000$16,700 - $79,282
Franchise Fee $50,000$10,000 - $20,000
Royalty Fee $2,200 per month3%
Advertising Fee 01%
Year Founded 20062008
Year Franchised 20082013
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Glacial Star Group Franchise
Thriveworks Franchise
Experience --

Financing Options

 
Glacial Star Group Franchise
Thriveworks Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Glacial Star Group Franchise
Thriveworks Franchise
Training -On-The-Job Training: 1-2 days Classroom Training: 3 days Additional Training: At company-owned center
Support -Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations
Marketing --
Operations --

Expansion Plans

 
Glacial Star Group Franchise
Thriveworks Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

Company Overviews

About Glacial Star Group

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!

About Thriveworks

A Thriveworks franchise is a unique turn-key counseling business opportunity unlike anything else in the field. Thriveworks is the country’s fastest growing brand of counseling centers and offers well-qualified franchisees a therapy practice with:

A Thriveworks practice could be the right investment for your career and future.  Are you ready?

The Initial Franchise Fee is $10,000 to convert an existing practice into a Thriveworks center (“Conversion Model”) or $20,000 for a new startup center (“Standard Model”) with exclusive rights to operate in a specific area as defined by the franchisor. Additional franchises will be available for a reduced fee of $5,000 per Franchise.
The total investment necessary to begin operation of a Thriveworks Franchise ranges from $16,700 to $31,800 for a Conversion Model and from $36,100 to $79,282 for a Standard Model which will depend on a number of factors that are fully discussed in Item 7. This includes the Initial Franchise Fee of $10,000 for a Conversion Model or $20,000 for a Standard Model (as discussed in Item 5) that must be paid to Thriveworks Franchising LLC or an affiliate.