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Updated RecentlyFutura vs Scholars Education Centre Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Futura vs Scholars Education Centre including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $33,000 - $45,000 | $90,000 - $130,000 |
| Franchise Fee | N/A | N/A |
| Royalty Fee | - | 10% |
| Advertising Fee | - | 4% |
| Year Founded | 2001 | 1998 |
| Year Franchised | 2006 | 2000 |
| Term Of Agreement | - | 5 years |
| Term Of Agreement | - | 5 years |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | We are looking for professionals with a passion for teaching Spanish to children in the community and who have a desire to grow and manage a successful business. The ideal franchisee is also an excellent communicator both verbally and written, who has an absolute motivation for success. This individual should also be organized and successful at multi-tasking. It is not necessary to have a teaching background or even fluency in the Spanish language. You will be trained on the various Futura curriculums, our teaching methods, as well as techniques necessary to train your local instructors. You should have a love for working with children and a passion for the Spanish language and its many cultures. These two things make promoting Spanish instruction for children contagious! | Business experience is an asset (preference for experience particularly in sales and marketing � both formal education and/or real-time experience |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | Training at our headquarters for four intensive days *Additional training onsite at your location *Monthly conference calls *Unlimited electronic and telephone support. | Training available in Ontario |
| Support | - | Website, operations (support from head office field staff and corporate location), general day-to-day procedures, and location opening. |
| Marketing | - | National campaigns, in-house marketing agency that works closely with franchisees, website support, and on-going sales training and support |
| Operations | Your primary responsibility will be growing Futura in your specified territory, by selling and promoting the program to schools, Community Education/Recreation Departments, and parents. You will manage the schools and recreation departments with whom you partner, as well as the local teachers who work for you. You will be also responsible for training all of your local teaching staff and assuring their success in Futura classrooms | Number of employees needed to run franchised unit: 5 - 12 Absentee ownership of franchise is NOT recommended for the first 24 � 36 months |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | - | Yes |
| International Expansion | - | - |
Company Overviews
About Futura
Are you a professional who is interested in owning your own business? Bienvenidos! Congratulations on choosing Futura Language Professionals as your franchise of choice. With our ever growing global nation, the need to learn Spanish at a young age is becoming of utmost importance. A Futura Language Professionals Spanish language franchise allows you to do what you love-Promote a love of the Spanish language and its many cultures to children. Since 2001 our long-term Spanish enrichment programs have positively affected the lives and growth of thousands of children in the local community. Futura Language Professionals' Spanish programs are completely community-based and all classes are held onsite in the local community in collaboration with local schools, recreation departments and community education departments. This means that our classes are not only very convenient for our students and families, but also that there is no need to lease or rent any space, eliminating high overhead costs. Futura Language Professionals' Franchise Owners work from their homes, creating a cost savings to both the owners and Futura families. By working within the community, we continue to foster our mission of being a Community-based Spanish school. Territories throughout the United States are available. "If you don't follow your dreams, you will be working for someone who did."-Anonymous
About Scholars Education Centre
Scholars Education Centre provides tutoring for students of all ages, in all grades, and all subject areas. We are committed to helping your students achieve Results That Matter and giving our franchisees a framework to achieve personal financial security and independence while doing so.
The effectiveness of our curriculum and educational approach is proven by research while our comprehensive franchise system ensures brand standards are maintained across our network. As a Scholars Education Centre franchise partner, you will have the tools you need to succeed. It’s no accident that Scholars Education Centre has been recognized as one of the very best franchise systems in Canada by the Canadian Franchise Association with it’s 2020 Award of Excellence and that we have been awarded our 5th-consecutive CFA Franchisee’s Choice Award, as voted by our franchisees.