|
Below is an in-depth analysis and side-by-side comparison of The Fourth R vs Egismoz including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $15,000 - $40,000 | $1,750,000 |
Franchise Fee | $8,000 - $20,000 | $35,000 |
Royalty Fee | 5% | 4% |
Advertising Fee | - | - |
Year Founded | 1992 | 2005 |
Year Franchised | 1992 | 2006 |
Term Of Agreement | - | 10 years |
Term Of Agreement | - | 10 years |
Renewal Fee | - | $5K or 33% of current fee |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
||
Training | - | * Available at headquarters: 7-10 days * At franchisee's location: 2-3 days |
Support | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
||
US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | No | - |
Computers have changed virtually all aspects of our lives. As we move rapidly from an industrial to an information economy, computer literacy is the "FOURTH R" in education. Governments worldwide view the development of technology skills as key to their country's future. Children need strong computer skills to succeed in school. Organizations must invest in computer training to increase productivity and competitiveness. Certification provides a benchmark of a student's skill competency. Computer skills offer income growth and job opportunities. The Fourth R Inc., established in 1991, provides quality courseware, assessment software, and certification services to leading schools and learning centers throughout the world. The excellence of our programs has fueled growth to over 150 affiliates in over 20 countries. The Fourth R is currently seeking international country Master License partners for joint development of a country.
NO LONGER FRANCHISING