Answers to Common Questions

1. Why is AccuTrak Inventory Specialists a smart choice?
2. What are the estimated initial investment and captial requirements?
3. What is the royalty rate for an AccuTrak franchise? Are there any other ongoing fees?
4. What are the steps in the application process work?
5. What happens after I am offered a franchise?
6. What support is available after training is complete?

What makes AccuTrak Inventory Specialists a smart choice?

AccuTrak offers a solid strategy, process, and the tools needed to meet the inventory needs of four clearly defined markets. Our voice technology enables new franchisees to set-up offices that are ready to handle business within weeks. Our start-up costs and initial capital requirements are lower than many other franchises which helps our franchisees start-up quicker and potentially provide a high return on capital invested.
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What are the estimated start-up costs and captial requirements?

The estimated start-up costs range between $49,000 and $58,000 assuming you work from a home office. Applicants need to have $50,000 in liquid capital that will be used to invest in the business. Our uniform franchise offering circular outlines the details of these costs and provides other valuable information you will need before making a decision to apply. You can request a copy of the circular via this website.
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What is the royalty rate for an AccuTrak franchise? Are there any other ongoing fees?

The current royalty fees are 7% of gross reciepts. We also require a marketing fee of up to 2% of gross reciepts, however, marketing fees in the past years have averaged between 0.5% and 1%. All fees are specified in the contract and outlined in the uniform franchise offer circular.
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What are the steps in the application process?

There are five steps in the AccuTrak franchise application process:

1. Request and download AccuTrak's uniform offering circular. To receive the circular, you will need to register online and create a user log-in. Once you receive your registration confirmation e-mail, you can log-in and download the circular.
2. Contact us. After reading the circular, you can contact us to set-up a telephone meeting to review any questions you have. If you choose, you can arrange to visit with one or more of our franchisees, and even meet them in the field.
3. Submit an application either online or via fax or mail. We use the application as a way of getting to know you. You will need to provide us with personal information (contact details, etc.), a business and work history, personal financial information, and references.
4. Interviews. Once we have reviewed and verified the application, we will contact you to set-up an interview. During the interviews, we will not only discuss your background, experience, and financial status, but will begin discussing some of the specifics about a potential franchise, such as geographic location/boundaries. Additionally, during this time we will contact the references you list on the application.
5. AccuTrak decision. After the preceding steps, we will decide whether or not to offer a franchise.

What happens after I am offered a franchise?

The franchise offer will be made in the form of a contract which specifies all of the details about the territory and the conditions under which each party is required to conduct business. Once the contract is fully executed, we will schedule training for you at our headquarters in Myrtle Beach, SC and begin working with you as you set-up your business.
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What support is available after training is complete?

AccuTrak supports its existing franchisees in many ways:

• Ongoing development of products and services that you can use to fill client's needs and generate more business.
• Development of technology, like the recently released VoTrak, to improve business processes and make it easier to hire employees.
• Annual meeting that provides an opportunity to focus on solving common challenges and time to network with other franchise owners.
• Special training meetings, typically once per year, that provide in-depth training on a service enhancement or new technology or software that each office can use.