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Updated RecentlyOnline Trading Academy vs Second Opinion Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Online Trading Academy vs Second Opinion including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $227,300 - $392,000 | $50,000 |
| Franchise Fee | $80,000 - $200,000 | $30,000 |
| Royalty Fee | 10% | - |
| Advertising Fee | 3% | - |
| Year Founded | 1998 | 2004 |
| Year Franchised | 2004 | 2007 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | $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 | 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 | - | - |
| Support | - | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | No | Yes |
| International Expansion | No | - |
Company Overviews
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.
About Second Opinion
It is natural to get a second opinion on major health issues; why not on major financial issues? Second Opinion offices offer financial consulting services to retail and corporate clients. We remain completely independent and unbiased and do not sell products of any kind. Our only fee is an hourly fee paid directly by our clients which gives us a major competitive advantage.