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Below is an in-depth analysis and side-by-side comparison of Snelling Personnel Services vs Online Trading Academy including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $99,200 - $181,000 | $227,300 - $392,000 |
Franchise Fee | $20,000 | $80,000 - $200,000 |
Royalty Fee | Varies | 10% |
Advertising Fee | - | 3% |
Year Founded | 1951 | 1998 |
Year Franchised | 1956 | 2004 |
Term Of Agreement | Lifetime | 10 years |
Term Of Agreement | Lifetime | 10 years |
Renewal Fee | - | $7500 or 10% of current fee |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | Yes/No |
Start-up Costs | No/Yes | No/Yes |
Equipment | No/Yes | No/Yes |
Inventory | No/No | No/Yes |
Receivables | Yes/No | No/Yes |
Payroll | Yes/No | No/Yes |
Training & Support |
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Training | Learning never stops at Snelling University, state-of-the-art training that includes classes in temporary, contract, temp-to-hire and career placement services and sales management in addition to service and leadership training. | - |
Support | As a Snelling franchisee, you never go it alone. You can always call on a TEAM of dedicated support staff, with experienced field representatives and successful franchisees to help you make the most of your business. Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Marketing and sales tools include: advertising, sales brochures, direct mail, sales presentations, digital marketing materials, hosted Web site,social media support and public relations press kits. | - |
Operations |
28% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 Absentee ownership of franchise is allowed. | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | No |
International Expansion | No | No |
Online Trading Academy transforms lives worldwide through professional education for traders and investors. Online Trading Academy help our students build their own trading and investing businesses using the tools and techniques of professional traders and investors in stocks, bonds, options, futures and FOREX (currency). Learn how to enter the best business in the world at one of our 36 learning centers.