GoTelecare vs Fitness Machine Technicians Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of GoTelecare vs Fitness Machine Technicians including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$133,650 - $170,000 | $71,450 - $118,490 |
Franchise Fee |
$100,000 | $40,000 - $45,000 |
Royalty Fee |
0 | 6% |
Advertising Fee |
0 | 1% |
Year Founded |
2012 | 2002 |
Year Franchised |
2014 | 2012 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
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 |
Training |
- |
On-The-Job Training: 80 hours
Classroom Training: 46 hours
Additional Training: Field training
|
Support |
- | Meetings/Conventions
Toll-Free Line
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Proprietary Software
|
Marketing |
- | Ad Templates
Social media
SEO
Website development
|
Operations |
- |
Absentee Ownership Allowed
Number of Employees Required to Run: 1 - 2
|
Expansion Plans |
US Expansion |
Yes | Yes |
Canada Expansion |
- | - |
International Expansion |
- | - |
Company Overviews
About GoTelecare
GoTelecare is a leading provider of business and knowledge process
services in healthcare domains. We deliver proprietary technologies,
workflow and business processes to meet our clients’ expectations and
enhance their operational capabilities. With our understanding of the
healthcare industry and leading technological capabilities, we are
well-positioned to assist our clients financial growth.
In most medical billing franchises, the franchisee is required to enter claims and work collections on behalf of the client. At GoTelecare, once the client is contracted, we handle the transition, implementation, on-boarding, and continue to submit the claims and handle processing and collections on your behalf.
Key benefits for franchisees include:
Low initial franchise price compared to other franchise types
Franchisee office is company headquarters, with hours determined by franchisee
Ongoing, residual income from recurring patient consultations and billing services
Unmatched training, marketing materials & sales support provided by GoTelecare Sales prospect lead identification and virtual assistant support to help book sales meetings
About Fitness Machine Technicians
At
Fitness Machine Technicians, we pride
ourselves on offering aspiring business owners the opportunity to build
their franchise quickly and efficiently so they can thrive in their new
career path.
As a service based franchise, we don’t have many of the expenses that burden the brick and mortar franchise owners.
The benefits are:
- You can work from a home-based office or small leased space (500sf).
- You can lease or buy your technicians’ field vehicles.
- Inventory is on demand direct from suppliers as needed for repairs, so minimal storage space is needed.
#208 in Franchise 500 for 2021. Not in Franchise 500 for 2020.