Herbal Magic vs American Business Systems Franchise Comparison

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

Start-Up Costs and Fees

  Herbal Magic American Business Systems
Investment 50000 - 100000 27990 - 27990
Franchise Fee
Royalty Fee
Advertising Fee
Year Founded 0 0
Year Franchised 0 0
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Herbal Magic American Business Systems
Experience We are seeking dedicated and motivated owner/operators who intend on being active in the day-to-day operation of their centre. Unlike most other franchises, we do not require candidates with specific entrepreneurial experience or industry qualifications. Based on a proven formula for success, we specialize in assisting new franchise owners achieve what many others already have.

Financing Options

  Herbal Magic American Business Systems
 
Franchise Fees
Start-up Costs
Equipment
Inventory
Receivables
Payroll

Training & Support

  Herbal Magic American Business Systems
Training Much like our successful weight loss program formula, your franchise will thrive on passion, commitment, and personal attention. We will provide you with the tools to run a fulfilling and profitable business. It all starts with a valuable two-day Orientation at the Herbal Magic Corporate Office in London, Ontario. During this time you will be fully trained by our Management team and expert staff on: * Site planning/centre specifications * General business and administrative procedures * Hiring practices * Marketing and advertising ideas and strategies You will then be required to attend one week of classroom training where you'll learn everything about our products, in-store policies and procedures, and best practices. * 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 During your grand opening week, one of our Corporate Franchise Service Representatives will be on-site to provide additional training specific to you, your centre, and your staff. In addition to the initial training, Herbal Magic provides support through all stages of your new business venture, including: * Site selection assistance * Lease negotiation assistance * Store layout blueprinting * Store leasehold and renovations assistance * Grand opening advertising support * Frequent training seminars * Monthly sales and performance analysis of your centre
Marketing
Operations

Expansion Plans

  Herbal Magic American Business Systems
US Expansion
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

Start-Up Costs and Fees Mobile

Investment
Herbal Magic
American Business Systems
Franchise Fee
Herbal Magic
American Business Systems
Royalty Fee
Herbal Magic
American Business Systems
Advertising Fee
Herbal Magic
American Business Systems
Year Founded
Herbal Magic 0
American Business Systems 0
Year Franchised
Herbal Magic 0
American Business Systems 0
Term Of Agreement
Herbal Magic
American Business Systems
Renewal Fee
Herbal Magic
American Business Systems


Business Experience Requirements

Experience
Herbal Magic We are seeking dedicated and motivated owner/operators who intend on being active in the day-to-day operation of their centre. Unlike most other franchises, we do not require candidates with specific entrepreneurial experience or industry qualifications. Based on a proven formula for success, we specialize in assisting new franchise owners achieve what many others already have.
American Business Systems

Financing Options

 
Franchise Fees
Herbal Magic
American Business Systems
Start-up Costs
Herbal Magic
American Business Systems
Equipment
Herbal Magic}
American Business Systems
Inventory
Herbal Magic
American Business Systems
Receivables
Herbal Magic
American Business Systems
Payroll
Herbal Magic
American Business Systems

Training & Support

Training
Herbal Magic Much like our successful weight loss program formula, your franchise will thrive on passion, commitment, and personal attention. We will provide you with the tools to run a fulfilling and profitable business. It all starts with a valuable two-day Orientation at the Herbal Magic Corporate Office in London, Ontario. During this time you will be fully trained by our Management team and expert staff on: * Site planning/centre specifications * General business and administrative procedures * Hiring practices * Marketing and advertising ideas and strategies You will then be required to attend one week of classroom training where you'll learn everything about our products, in-store policies and procedures, and best practices.
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
Herbal Magic During your grand opening week, one of our Corporate Franchise Service Representatives will be on-site to provide additional training specific to you, your centre, and your staff. In addition to the initial training, Herbal Magic provides support through all stages of your new business venture, including: * Site selection assistance * Lease negotiation assistance * Store layout blueprinting * Store leasehold and renovations assistance * Grand opening advertising support * Frequent training seminars * Monthly sales and performance analysis of your centre
American Business Systems
Marketing
Herbal Magic
American Business Systems
Operations
Herbal Magic
American Business Systems

Expansion Plans

US Expansion
Herbal Magic
American Business Systems
Canada Expansion
Herbal Magic Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory
American Business Systems
International Expansion
Herbal Magic
American Business Systems