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Updated RecentlyA.D. Banker & Company - Training Centers vs Scholars Education Centre Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of A.D. Banker & Company - Training Centers vs Scholars Education Centre including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $26,900 - $79,100 | $90,000 - $130,000 |
| Franchise Fee | $8,900 - $36,400 | N/A |
| Royalty Fee | 12% | 10% |
| Advertising Fee | - | 4% |
| Year Founded | 1979 | 1998 |
| Year Franchised | 2005 | 2000 |
| Term Of Agreement | 15 years | 5 years |
| Term Of Agreement | 15 years | 5 years |
| Renewal Fee | $5K | - |
Business Experience Requirements |
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| Experience | - | Business experience is an asset (preference for experience particularly in sales and marketing � both formal education and/or real-time experience |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | - | Training available in Ontario |
| Support | Newsletter, Meetings, Toll-free phone line, Internet | Website, operations (support from head office field staff and corporate location), general day-to-day procedures, and location opening. |
| Marketing | National media | National campaigns, in-house marketing agency that works closely with franchisees, website support, and on-going sales training and support |
| Operations |
Franchise can be run from home.
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Absentee ownership of franchise is NOT allowed. | Number of employees needed to run franchised unit: 5 - 12 Absentee ownership of franchise is NOT recommended for the first 24 � 36 months |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | No | Yes |
| International Expansion | No | - |
Company Overviews
About A.D. Banker & Company - Training Centers
A.D. Banker & Company was founded in 1979. The company currently employs 35 associates and has contracts with over 400 professional independent instructors. Our annual enrollment in excess of 50,000 students in 80 cites across the country. We are excited to share our story of growth with you. Join a nationwide network that is filled with the most experienced, dynamic, and growth oriented trainers and educators in the exam preparation and continuing education industry.
About Scholars Education Centre
Scholars Education Centre provides tutoring for students of all ages, in all grades, and all subject areas. We are committed to helping your students achieve Results That Matter and giving our franchisees a framework to achieve personal financial security and independence while doing so.
The effectiveness of our curriculum and educational approach is proven by research while our comprehensive franchise system ensures brand standards are maintained across our network. As a Scholars Education Centre franchise partner, you will have the tools you need to succeed. It’s no accident that Scholars Education Centre has been recognized as one of the very best franchise systems in Canada by the Canadian Franchise Association with it’s 2020 Award of Excellence and that we have been awarded our 5th-consecutive CFA Franchisee’s Choice Award, as voted by our franchisees.