Referral Institute vs Second Opinion Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Referral Institute vs Second Opinion including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  Referral Institute Second Opinion
Investment 21300 - 25800 50000 - 50000
Franchise Fee
Royalty Fee 15%
Advertising Fee
Year Founded 1999 2004
Year Franchised 2004 2007
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Referral Institute Second Opinion
Experience

Financing Options

  Referral Institute Second Opinion
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support

  Referral Institute Second Opinion
Training
Support
Marketing
Operations

Expansion Plans

  Referral Institute Second Opinion
US Expansion
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
Referral Institute
Second Opinion
Franchise Fee
Referral Institute
Second Opinion
Royalty Fee
Referral Institute 15%
Second Opinion
Advertising Fee
Referral Institute
Second Opinion
Year Founded
Referral Institute 1999
Second Opinion 2004
Year Franchised
Referral Institute 2004
Second Opinion 2007
Term Of Agreement
Referral Institute 5 years
Second Opinion
Renewal Fee
Referral Institute 25% of then-current fee
Second Opinion


Business Experience Requirements

Experience
Referral Institute
Second Opinion

Financing Options

 
Franchise Fees
Referral Institute No
Second Opinion No
Start-up Costs
Referral Institute
Second Opinion
Equipment
Referral Institute}
Second Opinion
Inventory
Referral Institute
Second Opinion
Receivables
Referral Institute
Second Opinion
Payroll
Referral Institute
Second Opinion

Training & Support

Training
Referral Institute
Second Opinion
Support
Referral Institute
Second Opinion
Marketing
Referral Institute
Second Opinion
Operations
Referral Institute
Second Opinion

Expansion Plans

US Expansion
Referral Institute
Second Opinion
Canada Expansion
Referral Institute 0
Second Opinion Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory
International Expansion
Referral Institute
Second Opinion