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Updated RecentlySecond Opinion vs FranNet Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Second Opinion vs FranNet including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $50,000 | $49,175 - $87,325 |
| Franchise Fee | $30,000 | $15,000 - $35,000 |
| Royalty Fee | - | 10% - 30% |
| Advertising Fee | - | 1.5K/Qtr |
| Year Founded | 2004 | 1987 |
| Year Franchised | 2007 | 2006 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/Yes |
| Start-up Costs | -/- | -/Yes |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | - | On-The-Job Training: 5 days Classroom Training: 5 days |
| Support | - | Ongoing Support Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations |
| Marketing | - | Co-op Advertising National Media |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | Yes | - |
| International Expansion | - | Yes |
Company Overviews
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.
!["FranNet]("https://fddexchange.com/wp-content/uploads/2020/01/FranNet-300x75.png")