ARCpoint Labs vs Income Store By TGC Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of ARCpoint Labs vs Income Store By TGC including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
ARCpoint Labs Franchise
Income Store By TGC Franchise
Investment $156,250 - $377,725$50,000 - $700,000
Franchise Fee $49,500N/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

 
ARCpoint Labs Franchise
Income Store By TGC Franchise
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.-

Financing Options

 
ARCpoint Labs Franchise
Income Store By TGC Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/Yes-/-
Start-up Costs -/Yes-/-
Equipment -/Yes-/-
Inventory -/Yes-/-
Receivables -/Yes-/-
Payroll -/Yes-/-

Training & Support

 
ARCpoint Labs Franchise
Income Store By TGC Franchise
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

 
ARCpoint Labs Franchise
Income Store By TGC Franchise
US Expansion Yes-
Canada Expansion --
International Expansion --

Company Overviews

About ARCpoint Labs

ARCpoint specializes in affordable Drug, Alcohol, DNA, Steroid, Background Screening and Preventive Care Wellness Testing. This multi-billion dollar testing industry continues to experience strong growth; encompassing all areas of business, government, judicial agencies, school systems, businesses and consumers. Preventive care and corporate wellness programs are the new trend in today's society. Consumers want to be better informed about their health and are looking for affordable alternatives without a physicians order. Corporations are being proactive with employee wellness programs as industry studies are proving a substantial Return on Investment with future claim expenses and costs. Companies are requiring wellness screens in order to better assess corporate insurance premiums. As we continue to expand, we're seeking franchise partners who possess a strong entrepreneurial spirit, that share our vision for achieving nationwide brand dominance in a proven system. Previous medical industry experience is not required to become an ARCpoint franchise owner.

The total investment necessary to begin operation of one ARCpoint Labs Business ranges from $156,250 to $251,425, including $83,100 - $88,300 which must be paid to the franchisor or its affiliates. This includes an initial franchise fee of $49,500, $24,500 of which is attributable to the online operations of your ARCpoint Labs Business, and $24,500 of which is attributable to the lab operations of your ARCpoint Labs Business from an approved location.
The total investment necessary to begin operation of 2-4 outlets under a Multi-Franchise Addendum ranges from $200,850 to $377,725. This includes $137,700 to $237,300 that must be paid to the franchisor or affiliate. Additional territories may be purchased, upon the franchisor’s approval, for $34,900 each.
Veteran Incentives  $5,000 off training fee

About Income Store By TGC

We are an Inc 500/5000 company as of 2013 and over 5 years of business growth.

What if a store carried income items that produced $500 / month to $20,000 / month? Although sounding a bit "Too Good To Be True", that store exists. You can find it at www.incomestore.com We are looking for capital investments of $50,000 to $700,000 to put a partnership together with you. We buy it with you and run the business for you. We maintain and grow your online business as you do other things. Watch our videos on IncomeStore.com and TodaysGrowthConsultant.com web sites for more information. Similar to a real estate agent, Income Store finds "Revenue Generating" websites for individuals, groups and funds. They refer to the individuals, groups and funds as "Site Partners". Income Store takes the real estate agent model to another level. Not only does Income Store find revenue generating websites, they buy, manage, market and further monetize the website for their Site Partners. Income Store uses the term Site Partner because they have skin in the game. Instead of getting paid an upfront fee, like a real estate agent, Income Store receives a revenue share on each site purchased. Income Store is unique on many levels. There is no competition to Income Store as there is no other company that acts as the "Buyer ", " Host"," Manager", Marketing Agency", " Monetization Agency" for a website purchase, let alone, perform any of the aforementioned services on a "pay per performance" basis. It is only because Income Store is a division of Today's Growth Consultant, Inc. (TGC) that makes this possible. TGC has a four-year growth rate that placed them on the Inc.5000 list this year as the 1083rd fastest growing U.S. Company. TGC partners with executives, athletes, authors and industry thought leaders on Authority Websites. TGC co-owns, manages markets and monetizes over 200 Authority Websites that will be viewed over 100 Million times in 2013.