|
A FIDUCIAL franchise is a business which provides small businesses and individuals with back office support and accounting and financial management services, tax services, financial services, business counseling services and payroll services. Franchise offices operate out of commercial spaces furnished in such a manner that clients walking in immediately realize that their business, financial and tax needs will be taken care of by qualified individuals who will be there for them year after year.
Franchisor Background
Year Established: 1999
Franchising Since: 1999
Operating Units: |
| Franchised Units: | 554 | | 94.9% | | |
| Company-Owned Units: | 30 | | 5.1% | | |
| | ______ | | _____ | | |
| Total Operating Units: | 584 | | 100% | | |
| |
Geographic Distribution: |
| U.S.: | 584 | | 100% | | In 48 States |
| Canada: | 0 | | 0% | | In 0 Canadian Provinces |
| International: | 0 | | 0% | | In 0 Foreign Countries |
| | ______ | | _____ | | |
| Total: | 584 | | 100% | | |
| |
North America: |
| States/Provinces with the largest number of operating units: |
| Density | Units | | | | |
Registered in Following Registration States: California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, Wisconsin, District Of Columbia
Financial Requirements
Investment: |
| Minimum Net Worth: | $150K |
| Cash Investment: | $60-75K |
| Total Investment: | $44.4-115.5K |
| Average Total Investment: | $80K |
| |
Fees: |
| Initial Franchise Fee: | $12.5-25K |
| Average Franchise Fee: | $19K |
| On-Going Royalty: | 1.5-6% |
| Average Royalty: | 4% |
| Advertising Fee: | 2% |
Average Number of Employees: 1-8 Full-time, 1-2 Part-time
Space Needs (in square footage): 800-3,200
Preferred Sites:
Other Sites: OB
Encourage Conversions? Yes
Earnings Claims Provided? No
Listed in the SBA Registry? No
Support and Training
| International Franchise Association: | Yes |
| Canadian Franchise Association: | No |
| Franchisee Association/Member: | No |
| Size of Corporate Staff: | 82 |
| Site Selection Assistance? | Yes |
| Lease Negotiation Assistance? | No |
| Financial Assistance? | Yes, Direct |
| |
Marketing Support: |
| Co-Op Advertising: | No |
| National Advertising: | No |
| Regional Advertising: | No |
| Local Advertising: | No |
| Marketing Materials: | None Specified |
| Additional Services: | None Specified |
| Other Marketing Support: | None Specified |
| |
On-Going Support: |
| Central Data Processing: | At Additional Cost |
| Central Purchasing: | At Additional Cost |
| Field Operation Evaluation: | Included in Fees |
| Field Training: | Included in Fees |
| Initial Store Opening: | Not Applicable |
| Inventory Control: | Not Applicable |
| Franchisee Newsletter: | At Additional Cost |
| Regional or National Meetings: | At Additional Cost |
| 800 Telephone Hotline: | Included in Fees |
| |
Training: |
| 1. Columbia, MD | 10-15 Days |
|
|
Franchisee Qualifications
| Ranked from 1 (unimportant) to 5 (important): |
| |
| Financial Net Worth: | 5 |
| General Business Experience: | 4 |
| Specific Industry Experience: | 5 |
| Formal Education: | 2 |
| Psychological Profile: | 3 |
| Personal Interview(s): | 4 |
| |
| |
Minority Representation
Units Owned by Minorities: |
| African-American: | 8 |
| Asian-American: | 2 |
| Hispanic: | 10 |
| Native American: | 2 |
| Other: | N/A |
| Specific Minority: | Although we strongly support the objectives of the NMFI, we do not yet have any specific programs in place at this time. |
| |
| |
Terms of Contract
| Term of Initial Contract: | 10 Year(s) |
| Term of Renewal Period: | 5 Year(s) |
| Passive Ownership: | Allowed, But Discouraged |
| Area Development Agreements? | No |
| Sub-Franchising Contracts? | No |
| Franchisees Allowed to Expand Within Territory? | No |
Expansion Plans
Projected New Units Over Next 12 months: 30
| U.S.: | Yes, All United States |
| Canada: | No |
| Overseas: | No |
|
