Top Ten Percent vs ARCpoint Labs Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Top Ten Percent vs ARCpoint Labs including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  Top Ten Percent ARCpoint Labs
Investment 49445 - 97250 156250 - 377725
Franchise Fee
Royalty Fee 7%
Advertising Fee 2%
Year Founded 2012 2005
Year Franchised 2014 2005
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Top Ten Percent ARCpoint Labs
Experience Must be a self-starter and understand the importance of having a sales focus to create your own success each day. Either you or the person you hire to be your Business Recognition Consultant will meet with business owners in your territory in order to promote your business extensively. Ability and willingness to follow the TTP system and not recreate the wheel. - Strong entrepreneurial spirit - Share our vision of nationwide brand dominance - Previous medical industry experience is not required The financial qualifications to purchase a franchise can vary based on the area where you want to operate. First and foremost, you must have good credit and borrowing capacity. At a minimum, you should have a net worth of $350,000, liquid assets of no less than $50,000, and a credit score above 700. ARCpoint Franchise Group makes available a list of third party resources to assist with financing if needed.

Financing Options

  Top Ten Percent ARCpoint Labs
 
Franchise Fees
Start-up Costs
Equipment
Inventory
Receivables
Payroll

Training & Support

  Top Ten Percent ARCpoint Labs
Training Initial five-day training program at our franchise headquarters in Westerville, Ohio Classroom Training ARCpoint Labs University classroom training takes place over a period of 5 days, Monday through Friday, at corporate headquarters in Greenville, SC. Prior to attending ARCpoint Labs University, you will receive the ARCpoint Labs video training series containing approximately 18 hours of instruction on various drug testing and DNA methodologies. After completing the video training, you will take an online exam and be ready to delve more deeply into industry requirements and regulations once you arrive in Greenville. Training consists of: • Reviewing drugs of abuse and testing methodologies • Identification of target markets, sales techniques and marketing strategies • Completion of DOT compliant training • Introduction to drug testing software • Administration and office procedures • Clinical testing and worksite (corporate) wellness On-Site Lab Training While at corporate headquarters attending ARCpoint Labs University, you will have the opportunity to put your training into action. You will spend time at our affiliate lab (in Greenville, SC) shadowing, performing drug tests and learning proper lab procedures and protocols. ARCpoint Labs Training At Your Location When you re ready to open your business, an ARCpoint Labs operational team member will visit your lab location for comprehensive operations training to include: • Office configuration and work flow • Document management • Regulatory compliance • ARCpoint Labs established protocols • Best practices On-The-Job Training: 32 hours Classroom Training: 78 hours Additional Training: Online training
Support Operations Manual that covers all aspects of owning and operating a TTP franchise. On-going marketing, operations, graphics and web guidance/support. We will reimburse you for your local advertising up to $25,000 per month and we also provide other incentives such as our Premium Vehicle Branding Incentive where we will reimburse you a monthly fee towards the lease or purchase of a new or late model Mercedes Benz or Cadillac to be used in your business. *Certain conditions apply As an ARCpoint franchisee, you will have the support of a management team with 20 years of experience and expertise in this niche industry. We will support you in territory mapping analysis and site selection, third party financing, lease review, and office design and set up as well as: Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing
Operations Number of Employees Required to Run: 2

Expansion Plans

  Top Ten Percent ARCpoint Labs
US Expansion 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 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
Top Ten Percent
ARCpoint Labs
Franchise Fee
Top Ten Percent
ARCpoint Labs
Royalty Fee
Top Ten Percent
ARCpoint Labs 7%
Advertising Fee
Top Ten Percent
ARCpoint Labs 2%
Year Founded
Top Ten Percent 2012
ARCpoint Labs 2005
Year Franchised
Top Ten Percent 2014
ARCpoint Labs 2005
Term Of Agreement
Top Ten Percent
ARCpoint Labs 10 years
Renewal Fee
Top Ten Percent
ARCpoint Labs


Business Experience Requirements

Experience
Top Ten Percent Must be a self-starter and understand the importance of having a sales focus to create your own success each day. Either you or the person you hire to be your Business Recognition Consultant will meet with business owners in your territory in order to promote your business extensively. Ability and willingness to follow the TTP system and not recreate the wheel.
ARCpoint Labs - Strong entrepreneurial spirit - Share our vision of nationwide brand dominance - Previous medical industry experience is not required The financial qualifications to purchase a franchise can vary based on the area where you want to operate. First and foremost, you must have good credit and borrowing capacity. At a minimum, you should have a net worth of $350,000, liquid assets of no less than $50,000, and a credit score above 700. ARCpoint Franchise Group makes available a list of third party resources to assist with financing if needed.

Financing Options

 
Franchise Fees
Top Ten Percent
ARCpoint Labs
Start-up Costs
Top Ten Percent
ARCpoint Labs
Equipment
Top Ten Percent}
ARCpoint Labs
Inventory
Top Ten Percent
ARCpoint Labs
Receivables
Top Ten Percent
ARCpoint Labs
Payroll
Top Ten Percent
ARCpoint Labs

Training & Support

Training
Top Ten Percent Initial five-day training program at our franchise headquarters in Westerville, Ohio
ARCpoint Labs Classroom Training ARCpoint Labs University classroom training takes place over a period of 5 days, Monday through Friday, at corporate headquarters in Greenville, SC. Prior to attending ARCpoint Labs University, you will receive the ARCpoint Labs video training series containing approximately 18 hours of instruction on various drug testing and DNA methodologies. After completing the video training, you will take an online exam and be ready to delve more deeply into industry requirements and regulations once you arrive in Greenville. Training consists of: • Reviewing drugs of abuse and testing methodologies • Identification of target markets, sales techniques and marketing strategies • Completion of DOT compliant training • Introduction to drug testing software • Administration and office procedures • Clinical testing and worksite (corporate) wellness On-Site Lab Training While at corporate headquarters attending ARCpoint Labs University, you will have the opportunity to put your training into action. You will spend time at our affiliate lab (in Greenville, SC) shadowing, performing drug tests and learning proper lab procedures and protocols. ARCpoint Labs Training At Your Location When you re ready to open your business, an ARCpoint Labs operational team member will visit your lab location for comprehensive operations training to include: • Office configuration and work flow • Document management • Regulatory compliance • ARCpoint Labs established protocols • Best practices On-The-Job Training: 32 hours Classroom Training: 78 hours Additional Training: Online training
Support
Top Ten Percent Operations Manual that covers all aspects of owning and operating a TTP franchise. On-going marketing, operations, graphics and web guidance/support. We will reimburse you for your local advertising up to $25,000 per month and we also provide other incentives such as our Premium Vehicle Branding Incentive where we will reimburse you a monthly fee towards the lease or purchase of a new or late model Mercedes Benz or Cadillac to be used in your business. *Certain conditions apply
ARCpoint Labs As an ARCpoint franchisee, you will have the support of a management team with 20 years of experience and expertise in this niche industry. We will support you in territory mapping analysis and site selection, third party financing, lease review, and office design and set up as well as: Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing
Top Ten Percent
ARCpoint Labs Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing
Operations
Top Ten Percent
ARCpoint Labs Number of Employees Required to Run: 2

Expansion Plans

US Expansion
Top Ten Percent 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
ARCpoint Labs 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
Top Ten Percent
ARCpoint Labs
International Expansion
Top Ten Percent
ARCpoint Labs