Dale Carnegie Training vs Second Opinion Franchise Comparison

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

Start-Up Costs and Fees
 
Dale Carnegie Training Franchise
Second Opinion Franchise
Investment $93,400 - $245,800$50,000
Franchise Fee $20,000 - $65,000$30,000
Royalty Fee 4.5% -12%-
Advertising Fee 3%-
Year Founded 19122004
Year Franchised 19992007
Term Of Agreement 15 years-
Term Of Agreement 15 years-
Renewal Fee $10K-


Business Experience Requirements
 
Dale Carnegie Training Franchise
Second Opinion Franchise
Experience
  • General business experience
  • Sales and/or managerial background, established business network
    		• -

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

    Training & Support
     
    Dale Carnegie Training Franchise
    Second Opinion Franchise
    Training Classroom Training: 52 hours-
    Support Newsletter Meetings/Conventions Grand Opening Online Support Field Operations-
    Marketing Ad Templates Social media SEO Website development Email marketing -
    Operations International franchisees required to buy multiple units/master licenses

    Number of employees needed to run franchised unit: 2 - 10

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    		-

    Expansion Plans
     
    Dale Carnegie Training Franchise
    Second Opinion Franchise
    US Expansion Yes-
    Canada Expansion NoYes
    International Expansion Yes-

    Company Overviews

    About Dale Carnegie Training

    "How would you feel networking with the world's most refined business professionals, learning from them and making money while enjoying what you do?" - Ahmed El Daly, Franchisee, Egypt
    Dale Carnegie Training strives to build a strong, profitable name for all of our franchises globally, while remaining devoted to our mission statement: We support the growth of successful organizations by creating successful individuals through training and development solutions. The training industry is primarily comprised of fragmented small consulting firms and inefficient in-house training departments. The need for professional training organizations with proven track records is in great demand. As a franchisee, you will receive extensive training, support, benefits, and most importantly, a chance to profit from joining our team. 
    Veteran Incentives  50% off franchise fee
    "Entrepreneur
    #303 in Franchise 500 for 2020.
    #360 in Franchise 500 for 2021.


    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.