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Below is an in-depth analysis and side-by-side comparison of Talking Book World vs The School Communications Agency including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $150,000 - $225,000 | $39,700 - $59,900 |
Franchise Fee | $25,000 | $30,000 - $40,000 |
Royalty Fee | 5% | 12% |
Advertising Fee | 2% | - |
Year Founded | 1993 | 2011 |
Year Franchised | 1995 | 2013 |
Term Of Agreement | 15 years +5 | - |
Term Of Agreement | 15 years +5 | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | Ad/Sales Experience |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | Yes/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | Franchisee's Store 2 Weeks | 16-20 hours of Classroom Training, 16 -24 hours of On Site Training. |
Support | Field Operation Evaluation Field Training Initial Store Opening Inventory Control Franchisee Newsletter Regional or National Meetings 800 Telephone Hotline | Field Support and ongoing remote support is provided along with many resources and tools. |
Marketing | - | - |
Operations | Average Number of Employees: 1 Full-time, 2 Part-time Passive Ownership: Allowed, But Discouraged | The franchise offered is a home based owner-operator model. The content for the newsletter is provided by the school or the Franchisors Library of Content and is placed into the newsletter by Franchisor. The franchisee sells advertising space in the newsletter, manages the school and business relationships and shares a portion of the revenue with the schools. |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | Yes | - |
International Expansion | - | - |
TALKING BOOK WORLD is the world's largest retail chain of audiobook stores, with the widest selection of audiobooks to rent or buy anywhere. Pioneers of the concept of renting audiobooks, TBW makes audiobooks accessible and affordable - with innovative programs that give unlimited use of our library and with no due dates.