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Updated RecentlyPostNet vs World Payment Services Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of PostNet vs World Payment Services including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $186,567 - $233,500 | N/A |
| Franchise Fee | $35,950 | N/A |
| Royalty Fee | 5% | - |
| Advertising Fee | 2% | - |
| Year Founded | 1985 | 2010 |
| Year Franchised | 1993 | 2010 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | PostNet is a retail and service business, and as such we are looking for people with outgoing personalities that would do an excellent job of representing the brand and their business to the public. The most successful PostNet franchisees are civic-minded and outgoing people who gain fulfillment from working with small business owners, schools and others in their communities. On a financial level, a potential PostNet franchisee must have a net worth of at least $300,000.00 and be (or be able to become) liquid for a minimum of $55,000.00. | - |
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 | On-The-Job Training: 58 hours Classroom Training: 65 hours Additional Training: At store location 6-8 weeks after opening | - |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | - |
| Marketing | PostNet's marketing programs include- * Local programs, which the franchisees utilize to build and develop awareness and loyalty with current customer base. * Regional and cooperative advertising, where PostNet franchisees get together with other franchisees and leverage their strength in numbers. * National programs that are conducted by the PostNet National Ad Fund. PostNet is the only company in the industry that offers a first-year managed marketing program that includes both consumer advertising and business-to-business advertising to help develop an initial customer base and momentum for the growth of the business. Co-op Advertising Ad Templates Social media SEO Website development Email marketing | - |
| Operations | PostNet only grants franchises to individuals that are planning on being involved initially as a full-time owner operator. Long term, full-time ownership and operation of the centers are not required; however, initially it is critical because PostNet is a neighborhood business and it is up to the individual store owner to become actively involved in the community to promote the services and products offered. With PostNet, every franchisee offers a core of proven and high-demand services and products through their PostNet Center. However, depending on the needs of the local market and the franchisee's own attributes, other complimentary services that are consistent with the other PostNet offerings may be approved by PostNet. Services, as bookkeeping, advanced computer and database services, and eBay selling services are just some examples of other services and products that PostNet franchisees offer to the public through their PostNet Centers. Initially an owner operator of a franchise will typically have one (1) to two (2) part-time or full-time staff members to help with the operation of the store. As the business grows, and you build a customer base, more employees and staff will be needed. Our highest volume locations have six (6) to seven (7) full-time staff members including the franchisee. | - |
Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | - | - |
| International Expansion | Yes | - |
Company Overviews
About PostNet
Veteran Incentives 35% off franchise fee
About World Payment Services
The road to success starts with World Payment Services, Whether you are looking for a real business opportunity as an Agent, or simply want to refer business with our state of the art Affiliate Program, with World Payment Services you can expect unparalleled support and accountability. In addition, World Payment Services enjoys one of the highest merchant account approval rates in the industry and can gain approvals in less than 24 hours. This means you maximize your income by our approving more merchants faster. Choose the option below that works best for you to maximize your income. Become an Agent - Learn more about becoming an Agent World Payment Services is looking for independent sales agents who are interested in a proven business opportunity with unlimited profit potential. Gain the flexibility to start and build your own business with an industry leader and achieve financial success. As an Agent you get: Lifetime residual income 100% of equipment and software profit Signing bonuses Healthcare bonuses Signing advances 50% of our residual share above interchange/assessments Your own website to build your business Become a Partner - Learn more about becoming a Partner Do you have customers or clients that are an asset? Are you a POS company, software developer, website design and hosting firm, have a business opportunity offering, etc.? As a Partner you get: Lifetime residual income A highly customized compensation plan An account representative to work with you Become an Affiliate - Learn more about becoming an Affiliate Earn residuals on credit card processing transactions for every merchant you send us. You can grow your business simply by adding the World Payment Services banners, links, marketing materials, and even landing pages to your websites and emailings. Everything you need is provided. As an Affiliate you get: $50 to $200 per account 20% of residuals What you expect from a leader: Training and support provided Lifetime residual income No hard selling and no hype Be part of a growing and vital industry for businesses Brand name and first class reputation Reduced rates and fees for merchants Capitalize on technological innovations Recruit your own agents or affiliates and earn even more