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Updated RecentlyOdyssey Art Centers vs BigGyan Cloud eLearning Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Odyssey Art Centers vs BigGyan Cloud eLearning including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $28,700 - $56,200 | $22,222 |
| Franchise Fee | $24,000 | N/A |
| Royalty Fee | 6% | $6667/year |
| Advertising Fee | - | - |
| Year Founded | 1974 | - |
| Year Franchised | 1995 | - |
| 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/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 | - | - |
| Support | Newsletter, Meetings, Grand opening, Internet, Purchasing cooperatives | - |
| Marketing | - | - |
| Operations |
Franchise can be run from home. 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
About Odyssey Art Centers
The first Odyssey Art Center was founded in 1974 by Linda Perlmutter. After quitting her job as a teacher to stay home with her newborn son, Perlmutter started teaching small groups of children in the basement studio of her home. Today, her art education franchise combines history, poetry, literature, science, music, math and current events with art.
About BigGyan Cloud eLearning
BigGyan, product from iSilkRoute Software Technologies is the first cloud eLearning platform in the world. BigGyan enables education institutes and enterprises to provide eLearning to their students and employees. Some of the features of this platform include multimedia course content, forums, video conference, mobile learning, online Gradebook, attendance, parent portal. What sets BigGyan apart from other eLearning providers is that it is a complete eLearning solution. It has revolutionized eLearning by making eLearning as easy as eMail. As per the brand promise "Education Sexed Up", BigGyan aims to significantly change the way education is delivered. a)The software is licensed to the client at a fixed cost. Thereafter, support is provided under AMC. COST: Rs. 10 lacs b)User accounts are sold to the client in block of 500 accounts. Online Support is inclusive. Minimum user accounts - 500 COST: Rs. 30,000 pm (Rs. 60 per student per month) Franchise - Rs. 3 lakh per annum. 30% share in each sale shall be awarded to BigGyan.