BookSmarts vs Mr. Payroll Franchise Comparison

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

Start-Up Costs and Fees

  BookSmarts Mr. Payroll
Investment 50000 - 100000 60500 - 151500
Franchise Fee 0
Royalty Fee 10-25%
Advertising Fee
Year Founded 2003 1989
Year Franchised 2003 1992
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  BookSmarts Mr. Payroll
Experience General business experience Customer service skills

Financing Options

  BookSmarts Mr. Payroll
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support

  BookSmarts Mr. Payroll
Training
Support Newsletter, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations
Marketing Co-op advertising, Ad slicks
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)

Expansion Plans

  BookSmarts Mr. Payroll
US Expansion Florida, Ohio, Pennsylvania 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,
Canada Expansion
International Expansion

Start-Up Costs and Fees Mobile

Investment
BookSmarts
Mr. Payroll
Franchise Fee
BookSmarts
Mr. Payroll
Royalty Fee
BookSmarts
Mr. Payroll 10-25%
Advertising Fee
BookSmarts
Mr. Payroll
Year Founded
BookSmarts 2003
Mr. Payroll 1989
Year Franchised
BookSmarts 2003
Mr. Payroll 1992
Term Of Agreement
BookSmarts
Mr. Payroll 10 years
Renewal Fee
BookSmarts
Mr. Payroll


Business Experience Requirements

Experience
BookSmarts
Mr. Payroll General business experience Customer service skills

Financing Options

 
Franchise Fees
BookSmarts
Mr. Payroll
Start-up Costs
BookSmarts
Mr. Payroll
Equipment
BookSmarts}
Mr. Payroll
Inventory
BookSmarts
Mr. Payroll
Receivables
BookSmarts
Mr. Payroll
Payroll
BookSmarts
Mr. Payroll

Training & Support

Training
BookSmarts
Mr. Payroll
Support
BookSmarts
Mr. Payroll Newsletter, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations
Marketing
BookSmarts
Mr. Payroll Co-op advertising, Ad slicks
Operations
BookSmarts
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)

Expansion Plans

US Expansion
BookSmarts Florida, Ohio, Pennsylvania
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,
Canada Expansion
BookSmarts
Mr. Payroll
International Expansion
BookSmarts
Mr. Payroll