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Below is an in-depth analysis and side-by-side comparison of Turbo Leadership Systems 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 | $33,300 - $56,800 | $227,300 - $392,000 |
Franchise Fee | $29,000 | $80,000 - $200,000 |
Royalty Fee | 10% | 10% |
Advertising Fee | - | 3% |
Year Founded | 1985 | 1998 |
Year Franchised | 1995 | 2004 |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 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/No | Yes/No |
Start-up Costs | No/No | No/Yes |
Equipment | No/No | No/Yes |
Inventory | No/No | No/Yes |
Receivables | No/No | No/Yes |
Payroll | No/No | No/Yes |
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.
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.