WSI Internet vs Second Opinion Franchise Comparison

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

 
WSI Internet Franchise
Second Opinion Franchise
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

 
WSI Internet Franchise
Second Opinion Franchise
Experience
  • General business experience
  • -

    Financing Options

     
    WSI Internet Franchise
    Second Opinion Franchise
      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

     
    WSI Internet Franchise
    Second Opinion Franchise
    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

     
    WSI Internet Franchise
    Second Opinion Franchise
    US Expansion Yes -
    Canada Expansion No Yes
    International Expansion Yes -

    Start-Up Costs and Fees Mobile

    Investment
    WSI Internet Franchise
    $64,450 - $94,550
    Second Opinion Franchise
    $50,000
    Franchise Fee
    WSI Internet Franchise
    $49,700 - $69,700
    Second Opinion Franchise
    $30,000
    Royalty Fee
    WSI Internet Franchise
    10%
    Second Opinion Franchise
    -
    Advertising Fee
    WSI Internet Franchise
    -
    Second Opinion Franchise
    -
    Year Founded
    WSI Internet Franchise
    1995
    Second Opinion Franchise
    2004
    Year Franchised
    WSI Internet Franchise
    1996
    Second Opinion Franchise
    2007
    Term Of Agreement
    WSI Internet Franchise
    -
    Second Opinion Franchise
    -
    Renewal Fee
    WSI Internet Franchise
    -
    Second Opinion Franchise
    -


    Business Experience Requirements

    Experience
    WSI Internet Franchise

  • General business experience
  • Second Opinion Franchise
    -

    Financing Options

      In-House/3rd Party
    Franchise Fees
    WSI Internet Franchise
    No/Yes
    Second Opinion Franchise
    -/-
    Start-up Costs
    WSI Internet Franchise
    No/Yes
    Second Opinion Franchise
    -/-
    Equipment
    WSI Internet Franchise
    No/No
    Second Opinion Franchise
    -/-
    Inventory
    WSI Internet Franchise
    No/No
    Second Opinion Franchise
    -/-
    Receivables
    WSI Internet Franchise
    No/No
    Second Opinion Franchise
    -/-
    Payroll
    WSI Internet Franchise
    No/No
    Second Opinion Franchise
    -/-

    Training & Support

    Training
    WSI Internet Franchise
    Classroom Training: 42 hours
    Second Opinion Franchise
    -
    Support
    WSI Internet Franchise
    Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Online Support Field Operations Proprietary Software Franchisee Intranet Platform
    Second Opinion Franchise
    -
    Marketing
    WSI Internet Franchise
    National Media Regional Advertising Social media SEO Website development Email marketing
    Second Opinion Franchise
    -
    Operations
    WSI Internet Franchise
    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.

    Second Opinion Franchise
    -

    Expansion Plans

    US Expansion
    WSI Internet Franchise
    Yes
    Second Opinion Franchise
    -
    Canada Expansion
    WSI Internet Franchise
    No
    Second Opinion Franchise
    Yes
    International Expansion
    WSI Internet Franchise
    Yes
    Second Opinion Franchise
    -

    Company Overviews

    About WSI Internet

    We Service the Internet
    WSI Internet, founded in 1995, has a network of consultants that spreads across more than 87 countries and six continents, providing Internet services to small- and medium-sized businesses. WSI Internet is based in Toronto, Ontario, and has been franchising since 1996.

    #109 on Entrepreneur's ranking of the top 150 franchises offering incentives and other programs to help veterans become franchisees
    Veteran Incentives  10% off franchise fee

    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.