FIDUCIAL
Yes, we actively support the inclusion and development of minority-owned franchises in the FIDUCIAL system.
FIDUCIAL
10480 Little Patuxent Pkwy., # 300
Columbia, MD 21044
800#: (800) 323-9000
Tel: (410) 910-5860
Fax: (410) 910-5903
E-mail: howard.margolis@fiducial.com
Web Site: www.fiducial.com
Contact: Mr. Howard J. Margolis, Director Field Support/Devel.
A FIDUCIAL franchise is a business which provides small businesses and individuals with back office support and accounting and financial management services, tax services, financial services, business counseling services and payroll services. Franchise offices operate out of commercial spaces furnished in such a manner that clients walking in immediately realize that their business, financial and tax needs will be taken care of by qualified individuals who will be there for them year after year.
Franchisor Background
Established: 1999
First Franchise: 1999
Franchise Units: 554
Company-Owned Units: 30
Total Units: 584
Distribution:
> North America -- Operations in 48 States
> States/Provinces with Greatest Density: N/A
Units Owned by Minorities:
>African-American: 8
>Hispanic: 10
>Asian-American: 2
>Native American: 2
>Other:
Average Number of Employees: 1-8 FT, 1-2 PT (FT = Full Time, PT = Part Time)
Space Needs: 800-3,200 SF; OB
(for abbreviations click here)
Financial Requirements
Cash Investment: $60-75K
Total Investment: $44.4-115.5K
Average Total Investment: $79K
Minimum Net Worth: $150K
Fees
>Franchise: $12.5-25K
>Average Franchise Fee: $18K
>Royalty: 1.5-6%
>Advertising: 2%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 10/5
Passive Ownership: Discouraged
Area Development Agreements:No
Sub-Franchising Contracts: No
Expand In Territory:No
Franchisor Support and Training Provided
Site Selection Assistance:Yes
Lease Negotiation Assistance: No
Cooperative Advertising: Yes
Franchisee Assoc. / Member: No
Size Of Corporate Staff: 82
On-Going Support: a,b,C,D,g,h,I (for an explanation click here)
Training: 10-15 Days in Columbia, MD.
Specific Minority Program(s) in Place: Although we strongly support the objectives of the NMFI, we do not yet have any specific programs in place at this time.
Franchisor's Specific Expansion Plans
U.S.: All United States
Note: NR = No Response by Franchisor.
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