Start-Up Costs and Fees |
||
| Scholars Education Centre | Ultimate Drivers | |
| Investment | 90000 - 130000 | 45000 - 65000 |
| Franchise Fee | ||
| Royalty Fee | 10% | |
| Advertising Fee | 4% | |
| Year Founded | 1998 | 1993 |
| Year Franchised | 2000 | 2000 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Scholars Education Centre | Ultimate Drivers | |
| Experience | Business experience is an asset (preference for experience particularly in sales and marketing both formal education and/or real-time experience | |
Financing Options |
||
| Scholars Education Centre | Ultimate Drivers | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Scholars Education Centre | Ultimate Drivers | |
| Training | Training available in Ontario | A comprehensive 3-week training course is provided, covering such topics as: management & sales techniques/ operating systems & methods/ customer & employee relations/ local advertising & promotion. |
| 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 |
||
| Scholars Education Centre | Ultimate Drivers | |
| US Expansion | ||
| Canada Expansion | Alberta, British Columbia, Manitoba, Ontario | Alberta, Manitoba, Ontario, Saskatchewan |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Scholars Education Centre | |
| Ultimate Drivers | |
| Franchise Fee | |
| Scholars Education Centre | |
| Ultimate Drivers | |
| Royalty Fee | |
| Scholars Education Centre | 10% |
| Ultimate Drivers | |
| Advertising Fee | |
| Scholars Education Centre | 4% |
| Ultimate Drivers | |
| Year Founded | |
| Scholars Education Centre | 1998 |
| Ultimate Drivers | 1993 |
| Year Franchised | |
| Scholars Education Centre | 2000 |
| Ultimate Drivers | 2000 |
| Term Of Agreement | |
| Scholars Education Centre | 5 years |
| Ultimate Drivers | |
| Renewal Fee | |
| Scholars Education Centre | |
| Ultimate Drivers | |
Business Experience Requirements |
|
| Experience | |
| Scholars Education Centre | Business experience is an asset (preference for experience particularly in sales and marketing both formal education and/or real-time experience |
| Ultimate Drivers | |
Financing Options |
|
| Franchise Fees | |
| Scholars Education Centre | |
| Ultimate Drivers | |
| Start-up Costs | |
| Scholars Education Centre | |
| Ultimate Drivers | |
| Equipment | |
| Scholars Education Centre} | |
| Ultimate Drivers | |
| Inventory | |
| Scholars Education Centre | |
| Ultimate Drivers | |
| Receivables | |
| Scholars Education Centre | |
| Ultimate Drivers | |
| Payroll | |
| Scholars Education Centre | |
| Ultimate Drivers | |
Training & Support |
|
| Training | |
| Scholars Education Centre | Training available in Ontario |
| Ultimate Drivers | A comprehensive 3-week training course is provided, covering such topics as: management & sales techniques/ operating systems & methods/ customer & employee relations/ local advertising & promotion. |
| Support | |
| Scholars Education Centre | Website, operations (support from head office field staff and corporate location), general day-to-day procedures, and location opening. |
| Ultimate Drivers | |
| Marketing | |
| Scholars Education Centre | National campaigns, in-house marketing agency that works closely with franchisees, website support, and on-going sales training and support |
| Ultimate Drivers | |
| Operations | |
| 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 |
| Ultimate Drivers | |
Expansion Plans |
|
| US Expansion | |
| Scholars Education Centre | |
| Ultimate Drivers | |
| Canada Expansion | |
| Scholars Education Centre | Alberta, British Columbia, Manitoba, Ontario |
| Ultimate Drivers | Alberta, Manitoba, Ontario, Saskatchewan |
| International Expansion | |
| Scholars Education Centre | |
| Ultimate Drivers | |