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Below is an in-depth analysis and side-by-side comparison of New Horizons Computer Learning Centers vs Computer Moms including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $260,000 - $630,000 | N/A |
Franchise Fee | $25,000 - $150,000 | N/A |
Royalty Fee | 6% | - |
Advertising Fee | - | - |
Year Founded | 1982 | - |
Year Franchised | 1992 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | 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 | Yes/No | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/Yes | -/- |
Payroll | No/Yes | -/- |
Training & Support |
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Training | Available at headquarters | - |
Support | Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations | - |
Marketing | Ad slicks, National media | - |
Operations |
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 | - |
International Expansion | Yes | - |
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.
Computer Moms is a marketing division of its parent company CM IT Solutions Inc.
Computer Moms strives to become the nationwide leader for providing affordable IT services for the residential market. Our team of mentors is trained on a broad array of skills, and leveraged with our national alliance partners, we offer a one-stop, end-to-end solution for the home or small business.