Supporting Strategies vs Thriveworks Franchise Comparison

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

Start-Up Costs and Fees

 
Supporting Strategies Franchise
Thriveworks Franchise
Investment $77,930 - $103,190$16,700 - $79,282
Franchise Fee $60,000$10,000 - $20,000
Royalty Fee 10%3%
Advertising Fee 2%1%
Year Founded 20042008
Year Franchised 20132013
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Supporting Strategies Franchise
Thriveworks Franchise
Experience --

Financing Options

 
Supporting Strategies Franchise
Thriveworks Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/Yes-/-
Start-up Costs -/Yes-/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Supporting Strategies Franchise
Thriveworks Franchise
Training On-The-Job Training: 23 hours Classroom Training: 12 hours Additional Training: Online training On-The-Job Training: 1-2 days Classroom Training: 3 days Additional Training: At company-owned center
Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures 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 Co-op Advertising Ad Templates Social media SEO Website development Email marketing Loyalty program/app -
Operations --

Expansion Plans

 
Supporting Strategies Franchise
Thriveworks Franchise
US Expansion YesYes
Canada Expansion --
International Expansion --

Company Overviews

About Supporting Strategies

Starting a franchise such as Supporting Strategies can be incredibly exciting and rewarding, but leaving your corporate job can be a scary proposition. For many people looking into franchise ownership, leaving is the right long term decision.
Just take the time to make sure buying a franchise is right for you before you make the leap. It could be hard to get your old corporate life back once you leave that world to pursue independent business ownership for a year or two.
For more information about the pros and cons of business ownership, contact Supporting Strategies today!
Veteran Incentives  10% 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.