The Honors Learning Center vs Inspiration Learning Center Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of The Honors Learning Center vs Inspiration Learning Center including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
The Honors Learning Center Franchise
Inspiration Learning Center Franchise
Investment $64,500 - $68,700$50,000 - $70,000
Franchise Fee $25,000$18,800
Royalty Fee $2.5K/mo.10%
Advertising Fee -2%
Year Founded 19872003
Year Franchised 19912008
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements
 
The Honors Learning Center Franchise
Inspiration Learning Center Franchise
Experience
  • Marketing skills
  • Degree in education
    		• -

    Financing Options
     
    The Honors Learning Center Franchise
    Inspiration Learning Center Franchise
      In-House/3rd PartyIn-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
     
    The Honors Learning Center Franchise
    Inspiration Learning Center Franchise
    Training -Extensive tutor training, administrative training and sales training are provided. Continued support is made available to all franchise owners from our flagship location in Scarborough, Ontario. The length of training is typically three weeks.
    Support Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations-
    Marketing Ad slicks-
    Operations 0% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 10

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

    		-

    Expansion Plans
     
    The Honors Learning Center Franchise
    Inspiration Learning Center Franchise
    US Expansion YesYes
    Canada Expansion No-
    International Expansion NoYes

    Company Overviews

    About The Honors Learning Center

    Sharee and Gary Miller started The Honors Learning Center as an individualized academic program. The centers' goal is to improve comprehension skills for each student by one full grade level after 36 hours of instruction. For every year since 1987, Honors students have averaged a gain of two full grade levels.

    Honors franchisees must have current state teaching certification.

    About Inspiration Learning Center

    Inspiration Learning Center Franchising Corp. is invested in a dynamic learning center.
    Inspiration Learning Center serves students of all ages with on site and home tutoring. Opening in 2003, and established and successful in the GTA, the center is rapidly expanding into other markets on the strength of its unique combination of Eastern and Western teaching methodologies. With competitive start up fees, get in on the ground floor of an exciting educational business opportunity.