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Below is an in-depth analysis and side-by-side comparison of Entrepreneur's Source vs Online Trading Academy including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $92,450 - $100,750 | $227,300 - $392,000 |
Franchise Fee | $55,000 | $80,000 - $200,000 |
Royalty Fee | 25% | 10% |
Advertising Fee | $750/mo. | 3% |
Year Founded | 1984 | 1998 |
Year Franchised | 1997 | 2004 |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 10 years |
Renewal Fee | $5K | $7500 or 10% of current 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 | Yes/No |
Start-up Costs | No/Yes | No/Yes |
Equipment | No/No | No/Yes |
Inventory | No/No | No/Yes |
Receivables | No/No | No/Yes |
Payroll | No/No | No/Yes |
Training & Support |
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Training | On-The-Job Training: 252 hours Classroom Training: 77 hours Additional Training: Ongoing virtual training, mentor | - |
Support | Newsletter Meetings/Conventions Online Support Field Operations Franchisee Intranet Platform | - |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | - |
Operations |
Franchise can be run from home.
Absentee ownership allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | Yes | No |
International Expansion | Yes | No |
The Entrepreneur's Source, a franchise-consulting firm, was founded by Terry Powell in 1984. The company matches clients to franchise opportunities by conducting interviews, filling out profiles and assessing a client's goals, needs and expectations. The Entrepreneur's Source also educates clients on the basics of franchising and other business options. Clients pay nothing for their consultation; instead, The Entrepreneur's Source earns its income from the franchisors it recommends.
Online Trading Academy transforms lives worldwide through professional education for traders and investors. Online Trading Academy help our students build their own trading and investing businesses using the tools and techniques of professional traders and investors in stocks, bonds, options, futures and FOREX (currency). Learn how to enter the best business in the world at one of our 36 learning centers.