Cybertary vs American Business Systems Franchise Comparison

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

Start-Up Costs and Fees

  Cybertary American Business Systems
Investment 40000 - 78000 27990 - 27990
Franchise Fee
Royalty Fee 5%/ Min.$400+$100 Technology Fee/month
Advertising Fee 1%/ Min.$20/Mo.
Year Founded 2005 0
Year Franchised 2006 0
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Cybertary American Business Systems
Experience

Financing Options

  Cybertary American Business Systems
 
Franchise Fees Yes
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support

  Cybertary American Business Systems
Training An extensive 4-binder Training & Operations set of manuals; 4 days of intensive training in the corporate headquarters * One Seat at Live Training Workshop in Dallas, Texas * Live Training DVD set * Online Internet Training through our Private Licensee Support website * Live Telephone Training * Online Licensee Discussion Forum * As part of your ongoing support, ABS holds weekly webinars and conference calls that inspire, educate and motivate our Licensees. Here are some of the topics we have in development: o Success Stories from Actual ABS Licensees o How To Build Your Business Profitably o How To Make Sure You Get LOTS of Referrals o Preparing Proposals and Pricing To Get The Account o How to Perform a Perfect Practice Analysis o How to Get The Account Once The Proposal Has Been Delivered o How Our Services Apply to General Businesses o How to Hire, Train and Pay Commissioned Sales Reps o How to Keep Track of Your Prospects So They Call YOU When They Want to Outsource o Role-playing Provider Responses o Using the iClaim Online Scheduler o How to Promote and Give a Live Provider Seminar or Webinar o How to Get All the Clients You Want With Trade Shows o Basic Terminology for Medical Billers o Effective Use of the AutoCard o How to Market the ChoicePay system Effectively o How to Follow the Life of a Processed Claim o How ABS Can Help You Succeed in Medical Billing o Role Play on The First Appointment o Role Play on the Second Appointment and the Proposal Presentation o Why Practices Need the AuditGuard service o Marketing the QuickCollect Service o How to Get Past the Office Manager o Touring the Licensee Support Site: How to Find What You Want o Three Keys to Success in Medical Billing Medical Billing Home Study Course The Medical Billing Home Study Course is a 600 Page Course book, designed to teach you everything you need to know to get your billing business up and running, as well as teach you the intricacies of billing and coding. This book is the equivalent of taking a college course on the subject.
Support 90 days of weekly one-on-one coaching sessions to build your business; Unlimited and ongoing continuing education resource for expanding their technical skills and services through a self-paced, web-based training system.
Marketing Complete marketing startup package including business cards, brochures, portfolios, note cards, logo shirt, and auto signage.
Operations

Expansion Plans

  Cybertary American Business Systems
US Expansion Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Iowa, Kansas, Kentucky, Louisiana, Maine, Massachusetts, Mississippi, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Vermont, Washington, West Virginia, Wyoming
Canada Expansion
International Expansion

Start-Up Costs and Fees Mobile

Investment
Cybertary
American Business Systems
Franchise Fee
Cybertary
American Business Systems
Royalty Fee
Cybertary 5%/ Min.$400+$100 Technology Fee/month
American Business Systems
Advertising Fee
Cybertary 1%/ Min.$20/Mo.
American Business Systems
Year Founded
Cybertary 2005
American Business Systems 0
Year Franchised
Cybertary 2006
American Business Systems 0
Term Of Agreement
Cybertary
American Business Systems
Renewal Fee
Cybertary
American Business Systems


Business Experience Requirements

Experience
Cybertary
American Business Systems

Financing Options

 
Franchise Fees
Cybertary Yes
American Business Systems Yes
Start-up Costs
Cybertary
American Business Systems
Equipment
Cybertary}
American Business Systems
Inventory
Cybertary
American Business Systems
Receivables
Cybertary
American Business Systems
Payroll
Cybertary
American Business Systems

Training & Support

Training
Cybertary An extensive 4-binder Training & Operations set of manuals; 4 days of intensive training in the corporate headquarters
American Business Systems * One Seat at Live Training Workshop in Dallas, Texas * Live Training DVD set * Online Internet Training through our Private Licensee Support website * Live Telephone Training * Online Licensee Discussion Forum * As part of your ongoing support, ABS holds weekly webinars and conference calls that inspire, educate and motivate our Licensees. Here are some of the topics we have in development: o Success Stories from Actual ABS Licensees o How To Build Your Business Profitably o How To Make Sure You Get LOTS of Referrals o Preparing Proposals and Pricing To Get The Account o How to Perform a Perfect Practice Analysis o How to Get The Account Once The Proposal Has Been Delivered o How Our Services Apply to General Businesses o How to Hire, Train and Pay Commissioned Sales Reps o How to Keep Track of Your Prospects So They Call YOU When They Want to Outsource o Role-playing Provider Responses o Using the iClaim Online Scheduler o How to Promote and Give a Live Provider Seminar or Webinar o How to Get All the Clients You Want With Trade Shows o Basic Terminology for Medical Billers o Effective Use of the AutoCard o How to Market the ChoicePay system Effectively o How to Follow the Life of a Processed Claim o How ABS Can Help You Succeed in Medical Billing o Role Play on The First Appointment o Role Play on the Second Appointment and the Proposal Presentation o Why Practices Need the AuditGuard service o Marketing the QuickCollect Service o How to Get Past the Office Manager o Touring the Licensee Support Site: How to Find What You Want o Three Keys to Success in Medical Billing Medical Billing Home Study Course The Medical Billing Home Study Course is a 600 Page Course book, designed to teach you everything you need to know to get your billing business up and running, as well as teach you the intricacies of billing and coding. This book is the equivalent of taking a college course on the subject.
Support
Cybertary 90 days of weekly one-on-one coaching sessions to build your business; Unlimited and ongoing continuing education resource for expanding their technical skills and services through a self-paced, web-based training system.
American Business Systems
Marketing
Cybertary Complete marketing startup package including business cards, brochures, portfolios, note cards, logo shirt, and auto signage.
American Business Systems
Operations
Cybertary
American Business Systems

Expansion Plans

US Expansion
Cybertary Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Iowa, Kansas, Kentucky, Louisiana, Maine, Massachusetts, Mississippi, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Vermont, Washington, West Virginia, Wyoming
American Business Systems
Canada Expansion
Cybertary
American Business Systems
International Expansion
Cybertary
American Business Systems