Inner Circle vs Second Opinion Franchise Comparison

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

Start-Up Costs and Fees

 
Inner Circle Franchise
Second Opinion Franchise
Investment $21,150 - $34,400$50,000
Franchise Fee $14,900$30,000
Royalty Fee 15%-
Advertising Fee --
Year Founded 19852004
Year Franchised 19972007
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee Then current fee-


Business Experience Requirements

 
Inner Circle Franchise
Second Opinion Franchise
Experience
  • General business experience
  • -

    Financing Options

     
    Inner Circle Franchise
    Second Opinion 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

     
    Inner Circle Franchise
    Second Opinion Franchise
    Training Annual symposium & monthly conference calls-
    Support Newsletter, Meetings, Internet-
    Marketing National media-
    Operations Franchise can be run from home.

    Number of employees needed to run franchised unit: 1

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

    -

    Expansion Plans

     
    Inner Circle Franchise
    Second Opinion Franchise
    US Expansion --
    Canada Expansion NoYes
    International Expansion Yes-

    Company Overviews

    About Inner Circle

    Inner Circle is a peer advisory group exclusively for CEO's and business owners of small to medium sized companies. Each peer group serves as an advisory board/advisory council that acts as an interactive think tank, a place where entrepreneurs come to challenge one another and be challenged. By tapping into the wisdom and objectivity of the Circle's business advisory board, members find they are able to overcome obstacles faster and with greater confidence due to the business coaching and small business advice they receive from their own personal peer advisory board.

    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.