Murphy Business vs Thriveworks Franchise Comparison

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

Start-Up Costs and Fees
 
Murphy Business Franchise
Thriveworks Franchise
Investment $62,350 - $123,735$16,700 - $79,282
Franchise Fee $39,000 - $55,000$10,000 - $20,000
Royalty Fee 10%3%
Advertising Fee -1%
Year Founded 19942008
Year Franchised 20062013
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Murphy Business Franchise
Thriveworks Franchise
Experience The ideal candidate is 35 - 65 years old and meets most of the following criteria:
- Is a former business owner
- Is a former business buyer
- Holds or has held a management level position
- Wants to control his or her own destiny
- Is self-confident and likes working with people to help them achieve their dreams and goals
You don't need business broker experience. We will train you and provide you with the tools you need.		-

Financing Options
 
Murphy Business Franchise
Thriveworks Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/Yes-/-
Start-up Costs -/Yes-/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Murphy Business Franchise
Thriveworks Franchise
Training On-The-Job Training: Mentoring Classroom Training: 92 hours On-The-Job Training: 1-2 days Classroom Training: 3 days Additional Training: At company-owned center
Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations
Marketing Ad Templates National Media Regional Advertising Social media Website development Email marketing -
Operations

*Franchise can be run from home

*Absentee ownership of franchise is NOT allowed.

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Expansion Plans
 
Murphy Business Franchise
Thriveworks Franchise
US Expansion YesYes
Canada Expansion Yes-
International Expansion --

Company Overviews

About Murphy Business

Murphy Business and Financial Corporation gives the new or experienced business representative with the bolster required to fabricate a fruitful business financier firm on a few fronts:

*Assist customers in the possession exchange of secretly held little to medium estimated organizations
*Working with purchasers to purchase a business
*Helping purchasers to buy another establishment business
*Providing current entrepreneurs with business valuations of their business or assess their apparatus and gear
*Assist bigger organizations with mergers and acquisitions (these organizations regularly have incomes in overabundance of $5 million)
*Provide customers with business land financier, renting, property administration and inquiry administrations.

Being a Murphy business representative is about being ready to go for yourself, not without anyone else's input. While you may work in one or the greater part of the above regions, our corporate and provincial office staff is accessible to help you in giving an entire scope of administrations for our customers.

Murphy's inventive sovereignty structure guarantees that the main part of the commission remains with you and your specialists, making the wage potential one of the most elevated in the business.

With Murphy's times of involvement in the field, you will have the bolster you have to determine issues and close business, furnishing you with income from different sources.

Seeking new franchise units in USA and Canada    

Veteran Incentives  $5,000 off franchise fee

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.