Franchise Schooley Mitchell

Franchise Fee: $68,000
Royalty: 8%
Total Investment: $68,000 – $68,000
Can Be Home Based: Yes
Founded: 1997
Franchised: 2004
VetFran Member:  Yes
Service Areas: Florida, Texas, North and South Carolina, Georgia, Louisiana, Alabama, Arizona
Ownership Model: Owner/Operator, Semi-Absentee/GM or Absentee/ Investor, SBA Approved, Vet Fran Discount, Franchise Fees – under 70k, 3rd Party Financing, Franchises operating, total investment range. E2 Visa approved.

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Schooley Mitchell Form

  • Professional B2B Consulting Franchise
  • Delivers advice and analysis to reduce cost in the areas of telecommunications, merchant services, small package shipping and waste
  • Independent of all vendors – acts with only clients’ best interest in mind
  • Contingency-based billing – only charge a fee if savings are found
  • Fees are a shared portion of the found savings over a specified period of time – never detracts from the bottom line
  • Recurring revenue stream with existing clients – ongoing analysis provides opportunity for supplemental recommendations, creating additional savings for client and additional revenue for Franchisee

What is EBITDA?

EBITDA is an acronym that stands for: “Earnings Before Interest, Taxes, Depreciation, and Amortization.” In many instances, EBITDA serves as a measure of profits and financial performance for a business. It is sometimes a good replacement for net income.

Breaking EBITDA Down

Now, to truly understand EBITDA, you have to break it down entirely. Thankfully, the acronym makes this pretty easy. Let’s take a look:

Earnings: Money earned by the company
Before: This one is self-explanatory
Taxes: The money paid to the government by a company based on its tax rate
Depreciation: Decreases in the value of a company’s capital assets
Amortization: The cost of an intangible asset, spread out over time

EBITDA is a Heavily Used Comparison Too
When it comes to comparing businesses in a specific industry, many financial experts use EBITDA. It’s a commonly used profitability metric that allows financial experts to determine profitability among companies.Using EBITDA has become common for measuring core profit trends. Why? Because of the way it eliminates extraneous factors. It’s also useful for finding more accurate comparisons between companies in similar industries.Additionally, EBITDA works well as a starting point to estimate cash flow. This allows business owners and experts to determine a company’s ability to pay off long-term debts.