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Below is an in-depth analysis and side-by-side comparison of WSI Internet vs Second Opinion including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $64,450 - $94,550 | $50,000 |
Franchise Fee | $49,700 - $69,700 | $30,000 |
Royalty Fee | 10% | - |
Advertising Fee | - | - |
Year Founded | 1995 | 2004 |
Year Franchised | 1996 | 2007 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
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/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | Classroom Training: 42 hours | - |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Online Support Field Operations Proprietary Software Franchisee Intranet Platform | - |
Marketing | National Media Regional Advertising Social media SEO Website development Email marketing | - |
Operations |
Franchise can be run from home. 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is NOT allowed. | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | Yes |
International Expansion | Yes | - |
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.