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Updated RecentlyARCpoint Labs vs SMS Masterminds Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of ARCpoint Labs vs SMS Masterminds including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $156,250 - $377,725 | $24,000 |
| Franchise Fee | $49,500 | N/A |
| Royalty Fee | 7% | - |
| Advertising Fee | 2% | - |
| Year Founded | 2005 | - |
| Year Franchised | 2005 | - |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - Strong entrepreneurial spirit - Share our vision of nationwide brand dominance - Previous medical industry experience is not required The financial qualifications to purchase a franchise can vary based on the area where you want to operate. First and foremost, you must have good credit and borrowing capacity. At a minimum, you should have a net worth of $350,000, liquid assets of no less than $50,000, and a credit score above 700. ARCpoint Franchise Group makes available a list of third party resources to assist with financing if needed. | You don't need to be a marketing or mobile technology expert to be a successful mastermind! You will become an expert with our "Masterminds University" training program and 24/7 support by our friendly and professionally-trained staff, who can answer any questions or concerns you have quickly and effectively. |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/Yes | -/- |
| Start-up Costs | -/Yes | -/- |
| Equipment | -/Yes | -/- |
| Inventory | -/Yes | -/- |
| Receivables | -/Yes | -/- |
| Payroll | -/Yes | -/- |
Training & Support |
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| Training | Classroom Training ARCpoint Labs University classroom training takes place over a period of 5 days, Monday through Friday, at corporate headquarters in Greenville, SC. Prior to attending ARCpoint Labs University, you will receive the ARCpoint Labs video training series containing approximately 18 hours of instruction on various drug testing and DNA methodologies. After completing the video training, you will take an online exam and be ready to delve more deeply into industry requirements and regulations once you arrive in Greenville. Training consists of: • Reviewing drugs of abuse and testing methodologies • Identification of target markets, sales techniques and marketing strategies • Completion of DOT compliant training • Introduction to drug testing software • Administration and office procedures • Clinical testing and worksite (corporate) wellness On-Site Lab Training While at corporate headquarters attending ARCpoint Labs University, you will have the opportunity to put your training into action. You will spend time at our affiliate lab (in Greenville, SC) shadowing, performing drug tests and learning proper lab procedures and protocols. ARCpoint Labs Training At Your Location When you’re ready to open your business, an ARCpoint Labs operational team member will visit your lab location for comprehensive operations training to include: • Office configuration and work flow • Document management • Regulatory compliance • ARCpoint Labs established protocols • Best practices On-The-Job Training: 32 hours Classroom Training: 78 hours Additional Training: Online training | - |
| Support | As an ARCpoint franchisee, you will have the support of a management team with 20 years of experience and expertise in this niche industry. We will support you in territory mapping analysis and site selection, third party financing, lease review, and office design and set up as well as: Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | - |
| Marketing | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | - |
| Operations | Number of Employees Required to Run: 2 | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About ARCpoint Labs
Veteran Incentives $5,000 off training fee
About SMS Masterminds
THIS IS A BUSINESS OPPORTUNITY THIS IS NOT A FRANCHISE SMS Masterminds brings the power of Mobile Marketing to small and big business alike! We'll help you build your own customer list and market to them in the most effective ways possible. With new advances in technology, Mobile Marketing is now easy and affordable for businesses of all sizes. No other form of advertising gets a greater return on investment than Mobile Marketing! Low overhead Virtually no inventory Work from home Recurring income No employees No retail location No set hours Always innovative and exciting SMS Masterminds network success: Over 75+ markets nationally Client grossing as much as $30K/month Over 1,250,000 subscribers as of November 2013 What you sell: A smart Loyalty Marketing Solution that works like a digital punch card. Consumers 'check in' using their mobile number, and earn points towards free products/services. The merchant will then send text messages out to those consumers with daily specials and offers to drive them back in. Response rates of 20 to 30 times better than traditional media are typical! For this, you charge a monthly fee for the service, the amount depending on the size of the account.