RetroTax vs ARCpoint Labs Franchise Comparison

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

Start-Up Costs and Fees

  RetroTax ARCpoint Labs
Investment 33450 - 46000 156250 - 377725
Franchise Fee
Royalty Fee 7%
Advertising Fee 2%
Year Founded 0 2005
Year Franchised 0 2005
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  RetroTax ARCpoint Labs
Experience * Single-unit franchisees must live in proximity to the market area that they will service * Possess a minimum net worth of $150K, with $45K in liquidity * Strong interpersonal skills and/or sales experience at the C-level a strong plus - 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

  RetroTax ARCpoint Labs
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support

  RetroTax ARCpoint Labs
Training Initial Training consists of a combined 40 hours of classroom and in-field training. You'll learn the features and benefits of various tax credit programs, become familiar with our internal operations, and train with experienced field personnel. 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 Ongoing Support is provided to all franchisees. Our primary goal is to help you build your client base and become better every day, as a successful RetroTax franchisee. 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

  RetroTax 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
Canada Expansion
International Expansion

Start-Up Costs and Fees Mobile

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


Business Experience Requirements

Experience
RetroTax * Single-unit franchisees must live in proximity to the market area that they will service * Possess a minimum net worth of $150K, with $45K in liquidity * Strong interpersonal skills and/or sales experience at the C-level a strong plus
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
RetroTax No
ARCpoint Labs No
Start-up Costs
RetroTax
ARCpoint Labs
Equipment
RetroTax}
ARCpoint Labs
Inventory
RetroTax
ARCpoint Labs
Receivables
RetroTax
ARCpoint Labs
Payroll
RetroTax
ARCpoint Labs

Training & Support

Training
RetroTax Initial Training consists of a combined 40 hours of classroom and in-field training. You'll learn the features and benefits of various tax credit programs, become familiar with our internal operations, and train with experienced field personnel.
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
RetroTax Ongoing Support is provided to all franchisees. Our primary goal is to help you build your client base and become better every day, as a successful RetroTax franchisee.
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
RetroTax
ARCpoint Labs Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing
Operations
RetroTax
ARCpoint Labs Number of Employees Required to Run: 2

Expansion Plans

US Expansion
RetroTax
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
RetroTax
ARCpoint Labs
International Expansion
RetroTax
ARCpoint Labs