Mr. Payroll vs BookSmarts Franchise Comparison

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

Start-Up Costs and Fees

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


Business Experience Requirements

  Mr. Payroll BookSmarts
Experience General business experience Customer service skills

Financing Options

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

Training & Support

  Mr. Payroll BookSmarts
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

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

Start-Up Costs and Fees Mobile

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


Business Experience Requirements

Experience
Mr. Payroll General business experience Customer service skills
BookSmarts

Financing Options

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

Training & Support

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

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