| ||||
Updated RecentlyToni & Guy Hairdressing Academy vs BigGyan Cloud eLearning Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Toni & Guy Hairdressing Academy vs BigGyan Cloud eLearning including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $316,900 - $598,500 | $22,222 |
| Franchise Fee | N/A | N/A |
| Royalty Fee | $4,300 Monthly | $6667/year |
| Advertising Fee | $470 Monthly | - |
| Year Founded | 1990 | - |
| Year Franchised | 1999 | - |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | * Are you passionate about the success of your team and your academy? * Are you driven to provide top quality education for your students and staff? * Do you have proven management and leadership skills? * Are you looking to adopt a proven operating system completely and consistently? * Do you have a minimum net worth of $250,000 with $75,000 in liquid assets? * Do you have the ability to finance $600,000? Having experience running a business or experience with franchising or running a multi-site operation is useful but not necessary, as we provide comprehensive training and ongoing support to you and your team. | - |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
||
| Training | - | - |
| Support | TONI&GUY offers corporate marketing and business operational support from the moment your salon doors open*. We assist by providing the following: * Education curriculum support * Marketing collateral * Marketing & PR concepts to attract students * Internal systems support * Communication (internal/external) support * Branding * Online manual access * Intranet systems * Access to the TONI&GUY App * National Collection Release, Salon Summit & Photographic Awards * And more… | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
||
| US Expansion | Yes | - |
| Canada Expansion | Yes | - |
| International Expansion | - | - |
Company Overviews
About Toni & Guy Hairdressing Academy
The hair industry is a $50 billion global industry annually. It's proven to be an industry that can weather the test of time and ALL economies. With TONI&GUY, we are offering you the chance to be part of an industry that can make people look good, feel good, and help build their self-confidence - one style at a time.
The TONI&GUY strategy is based on simplicity: an easy-to-follow business model with a proven operating system and world-class educational system.
We provide each TONI&GUY Hairdressing Academy with industry leading educational tools that will transform talented students into industry-ready hairstylists. Offering basic and advanced education training, the TONI&GUY Hairdressing Academy curriculum is rooted in our trademark approach of continuously updating cutting, coloring, and styling techniques.
This is why our beauty schools continue to draw some of the best talent from all over the world and maintain a distinguished reputation for cosmetology education. This successful beauty school formula has been duplicated in several major U.S. cities, and we have a keen focus on future growth.
Our revenue model is simple too. Generate constant lead flow by building a school and brand that students want to be a part of, and produce industry-leading hairstylists by providing high-caliber education.
Our program is consistent from week-to-week and school-to-school, which allows us to stand out amongst the competition. Our curriculum allows for continuously maintain the highest quality of education across the board. We have developed a simple model for our franchise owners to follow, and this model has been tried and proven a success.
We pride ourselves on being founded in education and are focused on giving our students the highest quality education to become outstanding hairdressers.
About BigGyan Cloud eLearning
BigGyan, product from iSilkRoute Software Technologies is the first cloud eLearning platform in the world. BigGyan enables education institutes and enterprises to provide eLearning to their students and employees. Some of the features of this platform include multimedia course content, forums, video conference, mobile learning, online Gradebook, attendance, parent portal. What sets BigGyan apart from other eLearning providers is that it is a complete eLearning solution. It has revolutionized eLearning by making eLearning as easy as eMail. As per the brand promise "Education Sexed Up", BigGyan aims to significantly change the way education is delivered. a)The software is licensed to the client at a fixed cost. Thereafter, support is provided under AMC. COST: Rs. 10 lacs b)User accounts are sold to the client in block of 500 accounts. Online Support is inclusive. Minimum user accounts - 500 COST: Rs. 30,000 pm (Rs. 60 per student per month) Franchise - Rs. 3 lakh per annum. 30% share in each sale shall be awarded to BigGyan.