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Below is an in-depth analysis and side-by-side comparison of Whizard Academy for Mathematics & English vs Inspiration Learning Center including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $125,800 - $177,300 | $50,000 - $70,000 |
Franchise Fee | $38,000 | $18,800 |
Royalty Fee | 10% | 10% |
Advertising Fee | - | 2% |
Year Founded | 1993 | 2003 |
Year Franchised | 1993 | 2008 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | $75K/$10K | - |
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/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | Extensive tutor training, administrative training and sales training are provided. Continued support is made available to all franchise owners from our flagship location in Scarborough, Ontario. The length of training is typically three weeks. |
Support | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | No | Yes |
We're a US company founded on the successful model of our affiliate Canadian company Academy for Mathematics & Science which utilizes an international product which has assisted thousands of students (just like yours) to develop their Mathematical, English and Science skills.