Crestcom vs Second Opinion Franchise Comparison

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

Start-Up Costs and Fees
 
Crestcom Franchise
Second Opinion Franchise
Investment $85,345 - $101,699$50,000
Franchise Fee $69,500$30,000
Royalty Fee 35.5%-
Advertising Fee --
Year Founded 19872004
Year Franchised 19912007
Term Of Agreement 7 years-
Term Of Agreement 7 years-
Renewal Fee $500-


Business Experience Requirements
 
Crestcom Franchise
Second Opinion Franchise
Experience --

Financing Options
 
Crestcom Franchise
Second Opinion Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees Yes/Yes-/-
Start-up Costs No/No-/-
Equipment No/No-/-
Inventory No/No-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support
 
Crestcom Franchise
Second Opinion Franchise
Training Classroom Training: 44 hours Additional Training: Bi-annual meetings -
Support Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform -
Marketing Ad Templates Social media SEO Website development Email marketing Loyalty program/app-
Operations Franchise can be run from home.

5% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 1 - 2

Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators)

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Expansion Plans
 
Crestcom Franchise
Second Opinion Franchise
US Expansion --
Canada Expansion NoYes
International Expansion Yes-

Company Overviews

About Crestcom

 
  • Crestcom has grown to become one of the training industry's most successful and widely used management and leadership programs among Fortune magazine's Top 100 Companies. 
  •  Each month, thousands of business professionals across six continents participate in the Crestcom Bullet Proof Manager training, Crestcom's proprietary training program. 
  •  Businesses turn to Crestcom to help transform managers into leaders and generate real business results.  
  • We are in it together. Crestcom is one of the few franchisors that provides tools, techniques and training before you make a decision. 


    • 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.