Mr. Payroll vs Succentrix Business Advisors Franchise Comparison

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

Start-Up Costs and Fees
  Mr. Payroll Succentrix Business Advisors
Investment 60500 - 151500 38600 - 49700
Franchise Fee 0
Royalty Fee 10-25% 7%
Advertising Fee 1%
Year Founded 1989 2014
Year Franchised 1992 2015
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Mr. Payroll Succentrix Business Advisors
Experience General business experience Customer service skills

Financing Options
  Mr. Payroll Succentrix Business Advisors
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support
  Mr. Payroll Succentrix Business Advisors
Training Classroom Training: 40 hours
Support Newsletter, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software
Marketing Co-op advertising, Ad slicks Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing
Operations 39% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) Number of Employees Required to Run: 1

Expansion Plans
  Mr. Payroll Succentrix Business Advisors
US Expansion Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Michigan, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, West Virginia, Wyoming, Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Canada Expansion
International Expansion

Start-Up Costs and Fees Mobile
Investment
Mr. Payroll
Succentrix Business Advisors
Franchise Fee
Mr. Payroll
Succentrix Business Advisors
Royalty Fee
Mr. Payroll 10-25%
Succentrix Business Advisors 7%
Advertising Fee
Mr. Payroll
Succentrix Business Advisors 1%
Year Founded
Mr. Payroll 1989
Succentrix Business Advisors 2014
Year Franchised
Mr. Payroll 1992
Succentrix Business Advisors 2015
Term Of Agreement
Mr. Payroll 10 years
Succentrix Business Advisors
Renewal Fee
Mr. Payroll
Succentrix Business Advisors


Business Experience Requirements
Experience
Mr. Payroll General business experience Customer service skills
Succentrix Business Advisors

Financing Options
 
Franchise Fees
Mr. Payroll No
Succentrix Business Advisors No
Start-up Costs
Mr. Payroll
Succentrix Business Advisors
Equipment
Mr. Payroll}
Succentrix Business Advisors
Inventory
Mr. Payroll
Succentrix Business Advisors
Receivables
Mr. Payroll
Succentrix Business Advisors
Payroll
Mr. Payroll
Succentrix Business Advisors

Training & Support
Training
Mr. Payroll
Succentrix Business Advisors Classroom Training: 40 hours
Support
Mr. Payroll Newsletter, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations
Succentrix Business Advisors Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software
Marketing
Mr. Payroll Co-op advertising, Ad slicks
Succentrix Business Advisors Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing
Operations
Mr. Payroll 39% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)
Succentrix Business Advisors Number of Employees Required to Run: 1

Expansion Plans
US Expansion
Mr. Payroll Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Michigan, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, West Virginia, Wyoming,
Succentrix Business Advisors Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Canada Expansion
Mr. Payroll
Succentrix Business Advisors
International Expansion
Mr. Payroll
Succentrix Business Advisors