Online Trading Academy vs Entrepreneur's Source Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Online Trading Academy vs Entrepreneur's Source including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
  Online Trading Academy Entrepreneur's Source
Investment 227300 - 392000 92450 - 100750
Franchise Fee
Royalty Fee 10% 25%
Advertising Fee 3% $750/mo.
Year Founded 1998 1984
Year Franchised 2004 1997
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Online Trading Academy Entrepreneur's Source
Experience

Financing Options
  Online Trading Academy Entrepreneur's Source
 
Franchise Fees Yes No
Start-up Costs No No
Equipment No No
Inventory No No
Receivables No No
Payroll No No

Training & Support
  Online Trading Academy Entrepreneur's Source
Training On-The-Job Training: 252 hours Classroom Training: 77 hours Additional Training: Ongoing virtual training, mentor
Support Newsletter Meetings/Conventions Online Support Field Operations Franchisee Intranet Platform
Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing
Operations Franchise can be run from home. Absentee ownership allowed. (100% of current franchisees are owner/operators)

Expansion Plans
  Online Trading Academy Entrepreneur's Source
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 0 Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory
International Expansion

Start-Up Costs and Fees Mobile
Investment
Online Trading Academy
Entrepreneur's Source
Franchise Fee
Online Trading Academy
Entrepreneur's Source
Royalty Fee
Online Trading Academy 10%
Entrepreneur's Source 25%
Advertising Fee
Online Trading Academy 3%
Entrepreneur's Source $750/mo.
Year Founded
Online Trading Academy 1998
Entrepreneur's Source 1984
Year Franchised
Online Trading Academy 2004
Entrepreneur's Source 1997
Term Of Agreement
Online Trading Academy 10 years
Entrepreneur's Source 10 years
Renewal Fee
Online Trading Academy $7500 or 10% of current fee
Entrepreneur's Source $5K


Business Experience Requirements
Experience
Online Trading Academy
Entrepreneur's Source

Financing Options
 
Franchise Fees
Online Trading Academy Yes
Entrepreneur's Source Yes
Start-up Costs
Online Trading Academy
Entrepreneur's Source
Equipment
Online Trading Academy}
Entrepreneur's Source
Inventory
Online Trading Academy
Entrepreneur's Source
Receivables
Online Trading Academy
Entrepreneur's Source
Payroll
Online Trading Academy
Entrepreneur's Source

Training & Support
Training
Online Trading Academy
Entrepreneur's Source On-The-Job Training: 252 hours Classroom Training: 77 hours Additional Training: Ongoing virtual training, mentor
Support
Online Trading Academy
Entrepreneur's Source Newsletter Meetings/Conventions Online Support Field Operations Franchisee Intranet Platform
Marketing
Online Trading Academy
Entrepreneur's Source Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing
Operations
Online Trading Academy
Entrepreneur's Source Franchise can be run from home. Absentee ownership allowed. (100% of current franchisees are owner/operators)

Expansion Plans
US Expansion
Online Trading Academy
Entrepreneur's Source 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
Online Trading Academy 0
Entrepreneur's Source Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory
International Expansion
Online Trading Academy
Entrepreneur's Source