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Updated RecentlyNextwave Computers vs The Fourth R Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Nextwave Computers vs The Fourth R including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $76,000 - $125,000 | $15,000 - $40,000 |
| Franchise Fee | $25,000 | $8,000 - $20,000 |
| Royalty Fee | 5% | 5% |
| Advertising Fee | - | - |
| Year Founded | 1999 | 1992 |
| Year Franchised | 2003 | 1992 |
| 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/Yes | -/- |
| Start-up Costs | No/Yes | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/Yes | -/- |
| Receivables | No/Yes | -/- |
| Payroll | No/Yes | -/- |
Training & Support |
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| Training | Training is a staple of the Nextwave Franchise System. We offer you the most comprehensive training available today to assist you in managing your franchised location. For as long as you are part of our system your training is a FREE benefit of belonging, not just for you but also for your employees. As your business continues to grow and the need arises for more employees you may send them to the home office for training. You stay focused on your business and our highly qualified team at the home office will send you back an employee with the knowledge and desire needed to be an asset to your organization. | - |
| Support | Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | - |
| Marketing | Ad slicks, Regional advertising | - |
| Operations |
0% 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 | - | - |
| Canada Expansion | No | No |
| International Expansion | No | No |
Company Overviews
About Nextwave Computers
Nextwave Computers is the franchise that is changing the face of the computer and technology industry one store at a time. In this highly competitive market to be successful you have to have and edge, a way of doing business that separates you from all the others and sets you far and away above the competition. For five years Nextwave Computers has raised the standard and been successful in this highly competitive market. Our business plan is proven to work and our history is evidence of our success. Our program is so refined that you don't have to be a computer technician to own a Nextwave Computers Franchise. We'll show you how to hire the right people to make your business a success. With Nextwave Computers you will partner under our master agreements with many industry leaders in the manufacturing business such as Lexmark, Xerox, Okidata, Toshiba and others to perform warranty work on their products. There is no other franchise that has manufacturers driving repair business to their stores bringing with it compensation and new customers. Only Nextwave Computers offers this benefit across the franchise system. We would be remiss if we did not also mention your status as a warranty center for products sold by our competitors such as Staples, Office Depot, Circuit City, People PC and many others. What other business model has its distribution competitors driving business directly to their stores? Only Nextwave Computers offers this benefit across the franchise system.
About The Fourth R
Computers have changed virtually all aspects of our lives. As we move rapidly from an industrial to an information economy, computer literacy is the "FOURTH R" in education. Governments worldwide view the development of technology skills as key to their country's future. Children need strong computer skills to succeed in school. Organizations must invest in computer training to increase productivity and competitiveness. Certification provides a benchmark of a student's skill competency. Computer skills offer income growth and job opportunities. The Fourth R Inc., established in 1991, provides quality courseware, assessment software, and certification services to leading schools and learning centers throughout the world. The excellence of our programs has fueled growth to over 150 affiliates in over 20 countries. The Fourth R is currently seeking international country Master License partners for joint development of a country.