Tutor Time vs A Thousand Points of Knowledge Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Tutor Time vs A Thousand Points of Knowledge including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  Tutor Time A Thousand Points of Knowledge
Investment 355000 - 2800000 175000 - 201000
Franchise Fee 0
Royalty Fee 6%
Advertising Fee
Year Founded 1988 0
Year Franchised 1990 0
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Tutor Time A Thousand Points of Knowledge
Experience General business experience Marketing skills

Financing Options

  Tutor Time A Thousand Points of Knowledge
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support

  Tutor Time A Thousand Points of Knowledge
Training
Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations
Marketing Co-op advertising, Ad slicks, National media, Regional advertising
Operations 33% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 - 30 Absentee ownership of franchise is allowed. (70% of current franchisees are owner/operators)

Expansion Plans

  Tutor Time A Thousand Points of Knowledge
US Expansion
Canada Expansion 0
International Expansion

Start-Up Costs and Fees Mobile

Investment
Tutor Time
A Thousand Points of Knowledge
Franchise Fee
Tutor Time
A Thousand Points of Knowledge
Royalty Fee
Tutor Time 6%
A Thousand Points of Knowledge
Advertising Fee
Tutor Time
A Thousand Points of Knowledge
Year Founded
Tutor Time 1988
A Thousand Points of Knowledge 0
Year Franchised
Tutor Time 1990
A Thousand Points of Knowledge 0
Term Of Agreement
Tutor Time 15 years
A Thousand Points of Knowledge
Renewal Fee
Tutor Time $5K
A Thousand Points of Knowledge


Business Experience Requirements

Experience
Tutor Time General business experience Marketing skills
A Thousand Points of Knowledge

Financing Options

 
Franchise Fees
Tutor Time No
A Thousand Points of Knowledge No
Start-up Costs
Tutor Time
A Thousand Points of Knowledge
Equipment
Tutor Time}
A Thousand Points of Knowledge
Inventory
Tutor Time
A Thousand Points of Knowledge
Receivables
Tutor Time
A Thousand Points of Knowledge
Payroll
Tutor Time
A Thousand Points of Knowledge

Training & Support

Training
Tutor Time
A Thousand Points of Knowledge
Support
Tutor Time Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations
A Thousand Points of Knowledge
Marketing
Tutor Time Co-op advertising, Ad slicks, National media, Regional advertising
A Thousand Points of Knowledge
Operations
Tutor Time 33% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 - 30 Absentee ownership of franchise is allowed. (70% of current franchisees are owner/operators)
A Thousand Points of Knowledge

Expansion Plans

US Expansion
Tutor Time
A Thousand Points of Knowledge
Canada Expansion
Tutor Time 0
A Thousand Points of Knowledge
International Expansion
Tutor Time
A Thousand Points of Knowledge