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Below is an in-depth analysis and side-by-side comparison of Turbo Leadership Systems vs Ology Business Coaching including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $33,300 - $56,800 | $50,000 - $90,000 |
Franchise Fee | $29,000 | $27,000 |
Royalty Fee | 10% | 15% capped at $1,500 per month |
Advertising Fee | - | - |
Year Founded | 1985 | 2004 |
Year Franchised | 1995 | 2005 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal 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/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | - |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | - |
Marketing | Co-op advertising, Ad slicks | - |
Operations |
Franchise can be run from home. 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is NOT allowed. | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | No |
International Expansion | Yes | No |
Larry W. Dennis Sr. founded Turbo Leadership Systems in 1985. The private company began franchising in 1995 and is based in Newberg, Oregon.