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Below is an in-depth analysis and side-by-side comparison of Reading Friends Franchise Company vs School is Easy Tutoring including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $110,950 - $297,500 | $25,000 - $60,000 |
Franchise Fee | $35,000 | $25,000 - $35,000 |
Royalty Fee | 5.5% | - |
Advertising Fee | - | - |
Year Founded | 1980 | 2002 |
Year Franchised | 2002 | 2009 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | -Disciplined self-starter with a high level of personal integrity and have the desire to build and maintain long-term client relationships -Demonstrate good interpersonal and communication skills -Possess good organization skills -Have the funds to invest in the business -Have the ability to get started within 90 days -Reside in the local market where the franchise is to be located. |
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 | - | We will provide you with 20 hours of initial training at head office or via Skype. We also provide ongoing telephone and email business coaching and training. |
Support | Grand opening, Field operations/evaluations | During the review process you will have an opportunity to review the operations manual’s table of contents and you will see the depth of information we provide. |
Marketing | Co-op advertising, Ad slicks | - |
Operations |
100% of all franchisees own more than one unit Number of employees needed to run franchised unit: 9 Absentee ownership of franchise is allowed. | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | Yes |
International Expansion | No | Yes |
If you are a teacher we can transfer your teaching experience and qualifications into a rewarding and profitable business. We help you make the transition from teacher to entrepreneur seamless. You are not required to tutor students although you can if you wish. You can tap into your network of teaching colleagues and give them the opportunity to supplement their income.This opportunity allows for a comfortable lifestyle of flexibility, a good income and the ability to grow.
We have a proven system and we are proud to share it with you!!!