Start-Up Costs and Fees |
||
| ClaimTek | Padgett Business Services | |
| Investment | 22000 - 45000 | 20200 - 99975 |
| Franchise Fee | 0 | |
| Royalty Fee | 9%+ | |
| Advertising Fee | ||
| Year Founded | 1993 | 1965 |
| Year Franchised | 1994 | 1975 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| ClaimTek | Padgett Business Services | |
| Experience | Industry experience | |
Financing Options |
||
| ClaimTek | Padgett Business Services | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| ClaimTek | Padgett Business Services | |
| Training | At Headquarters At Licensee's Location Manual By Video Online By Phone | Classroom Training: up to 80 hours Additional Training: At annual marketing convention & tax seminar |
| Support | Ongoing Support Newsletter Meetings Advertising/Marketing Sales Leads Technical Support Online Support Phone Support | Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform |
| Marketing | Ad Templates National Media Social media SEO Website development Email marketing | |
| Operations | Business can be run part-time. | Franchise can be run from home. 0.5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is NOT allowed. |
Expansion Plans |
||
| ClaimTek | Padgett Business Services | |
| 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 | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | |
| International Expansion | Canada, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| ClaimTek | |
| Padgett Business Services | |
| Franchise Fee | |
| ClaimTek | |
| Padgett Business Services | |
| Royalty Fee | |
| ClaimTek | |
| Padgett Business Services | 9%+ |
| Advertising Fee | |
| ClaimTek | |
| Padgett Business Services | |
| Year Founded | |
| ClaimTek | 1993 |
| Padgett Business Services | 1965 |
| Year Franchised | |
| ClaimTek | 1994 |
| Padgett Business Services | 1975 |
| Term Of Agreement | |
| ClaimTek | |
| Padgett Business Services | 20 years |
| Renewal Fee | |
| ClaimTek | |
| Padgett Business Services | 5% of then-current fee |
Business Experience Requirements |
|
| Experience | |
| ClaimTek | |
| Padgett Business Services | Industry experience |
Financing Options |
|
| Franchise Fees | |
| ClaimTek | |
| Padgett Business Services | |
| Start-up Costs | |
| ClaimTek | |
| Padgett Business Services | |
| Equipment | |
| ClaimTek} | |
| Padgett Business Services | |
| Inventory | |
| ClaimTek | |
| Padgett Business Services | |
| Receivables | |
| ClaimTek | |
| Padgett Business Services | |
| Payroll | |
| ClaimTek | |
| Padgett Business Services | |
Training & Support |
|
| Training | |
| ClaimTek | At Headquarters At Licensee's Location Manual By Video Online By Phone |
| Padgett Business Services | Classroom Training: up to 80 hours Additional Training: At annual marketing convention & tax seminar |
| Support | |
| ClaimTek | Ongoing Support Newsletter Meetings Advertising/Marketing Sales Leads Technical Support Online Support Phone Support |
| Padgett Business Services | Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform |
| Marketing | |
| ClaimTek | |
| Padgett Business Services | Ad Templates National Media Social media SEO Website development Email marketing |
| Operations | |
| ClaimTek | Business can be run part-time. |
| Padgett Business Services | Franchise can be run from home. 0.5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is NOT allowed. |
Expansion Plans |
|
| US Expansion | |
| ClaimTek | 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 |
| Padgett Business Services | 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 | |
| ClaimTek | |
| Padgett Business Services | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| International Expansion | |
| ClaimTek | |
| Padgett Business Services | Canada, |