ARCpoint Labs vs Paramount Financial Consultants Franchise Comparison

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

Start-Up Costs and Fees

  ARCpoint Labs Paramount Financial Consultants
Investment 156250 - 377725 34950 - 34950
Franchise Fee
Royalty Fee 7%
Advertising Fee 2%
Year Founded 2005 0
Year Franchised 2005 0
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  ARCpoint Labs Paramount Financial Consultants
Experience - 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

  ARCpoint Labs Paramount Financial Consultants
 
Franchise Fees
Start-up Costs
Equipment
Inventory
Receivables
Payroll

Training & Support

  ARCpoint Labs Paramount Financial Consultants
Training 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 Three days of Intensive Training taught by Professional Instructors In our Intensive three training classes every part of the "Paramount program " is contained in our Three (3) day workbooks. Because they are design to follow the steps to success they will become your new careers manual and can be referred to on a daily bases.. Of course during the classes the manual will be used to take your own note as the manuals are yours to return home with. The "Paramount Program" allows for you to bring a legitimate business partner or spouse to attend for the Three (3) Day Training sessions at no additional cost.
Support 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 The" Paramount Program" offers Pro-Active support for six months following completing the course.. Our Pro-active Support includes a Professional consultant contacting you on weekly bases to discuss your new career progress, goals, and make certain you are on the Right Track. Our goal is to help you put in to action the exact methods taught in our training classes so that success may follow. Of course you can call us at any time regarding questions related to marketing, industry specifics, trends, or any situation you need answers too. After the first six months, as additional question arise we will be here to advise. * Management Contact Software Program * Pricing Software Program * Premier Class Facilities and Accommodations. *
Marketing Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing
Operations Number of Employees Required to Run: 2

Expansion Plans

  ARCpoint Labs Paramount Financial Consultants
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
Canada Expansion
International Expansion

Start-Up Costs and Fees Mobile

Investment
ARCpoint Labs
Paramount Financial Consultants
Franchise Fee
ARCpoint Labs
Paramount Financial Consultants
Royalty Fee
ARCpoint Labs 7%
Paramount Financial Consultants
Advertising Fee
ARCpoint Labs 2%
Paramount Financial Consultants
Year Founded
ARCpoint Labs 2005
Paramount Financial Consultants 0
Year Franchised
ARCpoint Labs 2005
Paramount Financial Consultants 0
Term Of Agreement
ARCpoint Labs 10 years
Paramount Financial Consultants
Renewal Fee
ARCpoint Labs
Paramount Financial Consultants


Business Experience Requirements

Experience
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.
Paramount Financial Consultants

Financing Options

 
Franchise Fees
ARCpoint Labs
Paramount Financial Consultants
Start-up Costs
ARCpoint Labs
Paramount Financial Consultants
Equipment
ARCpoint Labs}
Paramount Financial Consultants
Inventory
ARCpoint Labs
Paramount Financial Consultants
Receivables
ARCpoint Labs
Paramount Financial Consultants
Payroll
ARCpoint Labs
Paramount Financial Consultants

Training & Support

Training
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
Paramount Financial Consultants Three days of Intensive Training taught by Professional Instructors In our Intensive three training classes every part of the "Paramount program " is contained in our Three (3) day workbooks. Because they are design to follow the steps to success they will become your new careers manual and can be referred to on a daily bases.. Of course during the classes the manual will be used to take your own note as the manuals are yours to return home with. The "Paramount Program" allows for you to bring a legitimate business partner or spouse to attend for the Three (3) Day Training sessions at no additional cost.
Support
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
Paramount Financial Consultants The" Paramount Program" offers Pro-Active support for six months following completing the course.. Our Pro-active Support includes a Professional consultant contacting you on weekly bases to discuss your new career progress, goals, and make certain you are on the Right Track. Our goal is to help you put in to action the exact methods taught in our training classes so that success may follow. Of course you can call us at any time regarding questions related to marketing, industry specifics, trends, or any situation you need answers too. After the first six months, as additional question arise we will be here to advise. * Management Contact Software Program * Pricing Software Program * Premier Class Facilities and Accommodations. *
Marketing
ARCpoint Labs Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing
Paramount Financial Consultants
Operations
ARCpoint Labs Number of Employees Required to Run: 2
Paramount Financial Consultants

Expansion Plans

US Expansion
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
Paramount Financial Consultants
Canada Expansion
ARCpoint Labs
Paramount Financial Consultants
International Expansion
ARCpoint Labs
Paramount Financial Consultants