Honors Learning Center vs Scholars Education Centre Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Honors Learning Center vs Scholars Education Centre including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
  Honors Learning Center Scholars Education Centre
Investment 49000 - 54000 90000 - 130000
Franchise Fee 0
Royalty Fee 10%
Advertising Fee 4%
Year Founded 0 1998
Year Franchised 0 2000
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Honors Learning Center Scholars Education Centre
Experience Business experience is an asset (preference for experience particularly in sales and marketing both formal education and/or real-time experience

Financing Options
  Honors Learning Center Scholars Education Centre
 
Franchise Fees
Start-up Costs
Equipment
Inventory
Receivables
Payroll

Training & Support
  Honors Learning Center Scholars Education Centre
Training Training available in Ontario
Support Website, operations (support from head office field staff and corporate location), general day-to-day procedures, and location opening.
Marketing National campaigns, in-house marketing agency that works closely with franchisees, website support, and on-going sales training and support
Operations Number of employees needed to run franchised unit: 5 - 12 Absentee ownership of franchise is NOT recommended for the first 24 36 months

Expansion Plans
  Honors Learning Center Scholars Education Centre
US Expansion
Canada Expansion Alberta, British Columbia, Manitoba, Ontario
International Expansion

Start-Up Costs and Fees Mobile
Investment
Honors Learning Center
Scholars Education Centre
Franchise Fee
Honors Learning Center
Scholars Education Centre
Royalty Fee
Honors Learning Center
Scholars Education Centre 10%
Advertising Fee
Honors Learning Center
Scholars Education Centre 4%
Year Founded
Honors Learning Center 0
Scholars Education Centre 1998
Year Franchised
Honors Learning Center 0
Scholars Education Centre 2000
Term Of Agreement
Honors Learning Center
Scholars Education Centre 5 years
Renewal Fee
Honors Learning Center
Scholars Education Centre


Business Experience Requirements
Experience
Honors Learning Center
Scholars Education Centre Business experience is an asset (preference for experience particularly in sales and marketing both formal education and/or real-time experience

Financing Options
 
Franchise Fees
Honors Learning Center
Scholars Education Centre
Start-up Costs
Honors Learning Center
Scholars Education Centre
Equipment
Honors Learning Center}
Scholars Education Centre
Inventory
Honors Learning Center
Scholars Education Centre
Receivables
Honors Learning Center
Scholars Education Centre
Payroll
Honors Learning Center
Scholars Education Centre

Training & Support
Training
Honors Learning Center
Scholars Education Centre Training available in Ontario
Support
Honors Learning Center
Scholars Education Centre Website, operations (support from head office field staff and corporate location), general day-to-day procedures, and location opening.
Marketing
Honors Learning Center
Scholars Education Centre National campaigns, in-house marketing agency that works closely with franchisees, website support, and on-going sales training and support
Operations
Honors Learning Center
Scholars Education Centre Number of employees needed to run franchised unit: 5 - 12 Absentee ownership of franchise is NOT recommended for the first 24 36 months

Expansion Plans
US Expansion
Honors Learning Center
Scholars Education Centre
Canada Expansion
Honors Learning Center
Scholars Education Centre Alberta, British Columbia, Manitoba, Ontario
International Expansion
Honors Learning Center
Scholars Education Centre