|
Below is an in-depth analysis and side-by-side comparison of WSI Internet vs Brian Tracy Intl including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $64,450 - $94,550 | $50,000 |
Franchise Fee | $49,700 - $69,700 | N/A |
Royalty Fee | 10% | - |
Advertising Fee | - | - |
Year Founded | 1995 | - |
Year Franchised | 1996 | - |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
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 |
||
Training | Classroom Training: 42 hours | The franchisee is required to attend an intensive 4 day program with complete access to our library of business development resources. This program covers all of the key elements for building a successful Brian Tracy International business: sales and marketing, training and facilitation, business management and business development strategies. All expenses for this training session are paid for by Brian Tracy International, with the exception of meals, accommodation and travel. World-class, multi-media, interactive workshop programs. These cover topics of Time Management, Sales, Leadership, Professional Development and the Brian Tracy Professional Certificate IV programs offering nationally-recognized qualifications and funding for employers and staff (for Australia). State-of-the-art hiring and performance appraisal online assessments. These include DISC, Workplace Motivators and Sales Skills assessments plus team assessments; all utilized to help companies understand and maximize the potential of their people. E-Learning online modules. Workshop programs in module format delivered in the learning portal Brian Tracy Training Online Advantage; this transactional, PayPal system is for franchisees and the public. |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Online Support Field Operations Proprietary Software Franchisee Intranet Platform | The franchisee receives on-going support, including informative new product announcements, access to our International Reference Database, and further training sessions. |
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 |
||
US Expansion | Yes | No |
Canada Expansion | No | - |
International Expansion | Yes | Yes |