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Below is an in-depth analysis and side-by-side comparison of New Horizons Computer Learning Centers vs The Coder 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 | $260,000 - $630,000 | $65,250 - $150,650 |
Franchise Fee | $25,000 - $150,000 | $29,950 |
Royalty Fee | 6% | 6% |
Advertising Fee | - | 2% |
Year Founded | 1982 | 2014 |
Year Franchised | 1992 | 2015 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | 7500 | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/No | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/Yes | -/- |
Payroll | No/Yes | -/- |
Training & Support |
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Training | Available at headquarters | On-The-Job Training: 8 hours Classroom Training: 12.5 hours Additional Training: Weekly calls |
Support | Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations | Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | Ad slicks, National media | Co-op Advertising Ad Templates National Media Social media SEO Website development |
Operations |
5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 23 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) | Number of Employees Required to Run: 7 - 15 |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
Share in the Success of a Proven Leader An education business has a powerful impact on people, whether an individual looking for a new career, an employee looking for a promotion, or a manager tasked with increasing staff productivity. New Horizons Computer Learning Centers is the world's largest IT training company.* Founded in 1982 and headquartered in Anaheim, California, USA, we provide a broad range of computer training including technical and desktop applications to both individual learners and companies, as well as complementary programs in Business Skills, Healthcare Information Management, and English as a second language. New Horizons offers a compelling business opportunity to both entrepreneurs and to companies; especially IT training businesses or IT-related businesses. It is the opportunity to own and operate a business that provides much more than a service. Ask any New Horizons franchisee - they will tell you it is a truly rewarding business. With 300 locations around the globe, providing approximately three million student days of instruction annually, New Horizons sets the pace for innovative training programs in the IT industry.
Welcome to theCoderSchool, a place where kids learn to code all year round (in-person and remote, too!). Founded in 2014 and headquartered in Silicon Valley, theCoderSchoolcombines a super-small teaching ratio with an individualized immersion style to get your kids learning to code in no time! We don’t believe in kids being taught by software, and we don’t like one-size-fits-all curriculums. Instead we focus on a mentor relationship with experienced coders, Code Coaches who can guide our students through their amazing technical journey. Learn to code, change the world®