LMI vs Online Trading Academy Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of LMI vs Online Trading Academy including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
LMI Franchise
Online Trading Academy Franchise
Investment $20,000 - $27,500$227,300 - $392,000
Franchise Fee $15,000$80,000 - $200,000
Royalty Fee 6%10%
Advertising Fee -3%
Year Founded 19801998
Year Franchised 19982004
Term Of Agreement -10 years
Term Of Agreement -10 years
Renewal Fee -$7500 or 10% of current fee


Business Experience Requirements
 
LMI Franchise
Online Trading Academy Franchise
Experience --

Financing Options
 
LMI Franchise
Online Trading Academy Franchise
  In-House/3rd PartyIn-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
 
LMI Franchise
Online Trading Academy Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
LMI Franchise
Online Trading Academy Franchise
US Expansion --
Canada Expansion NoNo
International Expansion NoNo

Company Overviews

About LMI

LMI Canada is a leading personal, organizational and management development company with affiliate organizations around the world. We provide a PROVEN process that MEASURABLY increases performance and results in organizations. This typically guarantees a 10 times return on investment to clients in results measured through implementation of our processes that encompass leadership, management, productivity, communication, sales & assessments that deliver permanent attitude and behaviour changes.

Becoming an LMI franchisee offers a number of benefits: Low start-up costs, a proven people development system, time-tested products, no territorial boundaries and a support structure that is second to none. There are no royalties or franchise fees after the licensee fee is paid. Licensees must order product from the Canadian Head office, which takes on the currency, shipping, inventory, and customs risks so that the licensee can just focus on selling and servicing his/her clients.

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#189 in Franchise 500 for 2020.

About Online Trading Academy

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.