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Below is an in-depth analysis and side-by-side comparison of LearningRx vs Halstrom High School including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $90,000 - $149,000 | $118,220 - $228,380 |
Franchise Fee | $25,000 | $40,000 |
Royalty Fee | 7% -8% | 8% |
Advertising Fee | 3% | - |
Year Founded | 1986 | 1985 |
Year Franchised | 2003 | 2005 |
Term Of Agreement | 10 years | 7 years |
Term Of Agreement | 10 years | 7 years |
Renewal Fee | $5K | - |
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 | As a brain training company, we value initial and ongoing training very highly. Our training includes a 2-day job shadowing with one of our franchisees prior to our 10-day training in Colorado Springs, CO. The 10-day franchise training covers our over 200 proprietary training procedures, marketing, public relations, business operations, networking, testing, administration, hiring, and much more. Our brain trainers are trained on-site by the franchisee, using over 40 hours of online material as well as 20-30 hours of in-person training and observation. We also offer ongoing training and support via our Helpdesk (phone and email support) and quarterly calls with our support team. | - |
Support | We know that the success of our franchisees is our success. Valuable support is a top priority for us, and we strive to help our franchisees however possible. Our support team is led by a former franchisee and LearningRx parent, who understands the day-to- day running of a center firsthand. We also have a marketing and business coach, who will help our first-year franchisees create and implement their 12-month business plan and offer ongoing support of business operations. The support team also runs the helpdesk, which is available by phone and email and boasts a very fast turnaround. We provide a franchise operations system designed to support all of your business needs from site selection and build out to launch marketing and sales prospecting. We are continually introducing new Brain Balance programs, products and services to increase your sales opportunities. Through national media exposure, training and consulting by program creator and co-founder, Dr. Robert Melillo renowned researcher, lecturer and author of several best sellers including, Disconnected Kids, Reconnected Kids and his latest book, Autism | - |
Marketing | We offer new materials on a regular basis across multiple platforms: social media, print, TV, radio, PPC, SEO, etc. You can also join a voluntary marketing co-op where applicable. *National PR exposure *Exposure Across the Digital Landscape *Web-based Requisition System for Customized Marketing Materials *Local Marketing Guidance | - |
Operations | 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 3 Absentee ownership of franchise is allowed. (67% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | Yes | - |
International Expansion | No | - |
NO LONGER FRANCHISING
Online Courses
Adapting Anywhere, Anytime
online school Halstrom Online makes it workable for any understudy to get top notch coordinated instruction anyplace on the planet. While numerous establishments offer online correspondence programs, you won't discover balanced educating with a genuine educator on the flip side of a PC screen anyplace else. Through constant collaboration amongst understudy and educator, utilizing the web or videoconferencing, every understudy can encounter remove learning with an individual touch.
How it Works
The understudy and educator can share their desktops, whiteboards, and talk works as they get together. Educators are additionally accessible through talk amid online available time and can be reached day in and day out by means of email.
Subsequent to meeting with their instructors, understudies finish their work and afterward transfer their homework to the course-particular advanced drop-box that is open to them whenever of the day or night. Understudies must ace the task at 80% or better before proceeding onward to the following task. Amid the live session, instructors will reteach anything that is fundamental, will review the following task and will educate the following lesson.