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Updated RecentlySoft-Temps Worldwide vs New Horizons Computer Learning Centers Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Soft-Temps Worldwide vs New Horizons Computer Learning Centers including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $1,990 - $3,990 | $260,000 - $630,000 |
| Franchise Fee | $995 | $25,000 - $150,000 |
| Royalty Fee | $75/mo. | 6% |
| Advertising Fee | - | - |
| Year Founded | 1999 | 1982 |
| Year Franchised | 2002 | 1992 |
| Term Of Agreement | 7 years | 10 years |
| Term Of Agreement | 7 years | 10 years |
| Renewal Fee | $500 | 7500 |
Business Experience Requirements |
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| Experience | ||
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | Yes/No |
| Start-up Costs | No/No | No/Yes |
| Equipment | No/No | No/Yes |
| Inventory | No/No | No/Yes |
| Receivables | No/No | No/Yes |
| Payroll | No/No | No/Yes |
Training & Support |
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| Training | Online training available | Available at headquarters |
| Support | Newsletter, Meetings, Internet, Field operations/evaluations, Purchasing cooperatives | Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations |
| Marketing | Co-op advertising, Ad slicks, National media | Ad slicks, National media |
| Operations |
Franchise can be run from home. 15% of all franchisees own more than one unit
Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 23 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | No | No |
| International Expansion | Yes | Yes |
Company Overviews
About Soft-Temps Worldwide
NO LONGER AVAILABLE
Training Available:
At central command
At neighborhood area
Support Available:
Bulletin
Gatherings
Web
Acquiring cooperatives
Business Start Date: 1999
Depiction: Soft-Temps gives a wide exhibit of PC administrations, including PC support and establishments, and also across the nation areas.
About New Horizons Computer Learning Centers
Share in the Success of a Proven Leader An education business has a powerful impact on people, whether an individual looking for a new career, an employee looking for a promotion, or a manager tasked with increasing staff productivity. New Horizons Computer Learning Centers is the world's largest IT training company.* Founded in 1982 and headquartered in Anaheim, California, USA, we provide a broad range of computer training including technical and desktop applications to both individual learners and companies, as well as complementary programs in Business Skills, Healthcare Information Management, and English as a second language. New Horizons offers a compelling business opportunity to both entrepreneurs and to companies; especially IT training businesses or IT-related businesses. It is the opportunity to own and operate a business that provides much more than a service. Ask any New Horizons franchisee - they will tell you it is a truly rewarding business. With 300 locations around the globe, providing approximately three million student days of instruction annually, New Horizons sets the pace for innovative training programs in the IT industry.