Scholars Education Centre vs Tracy Learning Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Scholars Education Centre vs Tracy Learning including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Scholars Education Centre Franchise
Tracy Learning Franchise
Investment $90,000 - $130,000$72,200 - $100,000
Franchise Fee N/A$35,000
Royalty Fee 10%-
Advertising Fee 4%-
Year Founded 1998-
Year Franchised 2000-
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee --


Business Experience Requirements
 
Scholars Education Centre Franchise
Tracy Learning Franchise
Experience

Business experience is an asset (preference for experience particularly in sales and marketing � both formal education and/or real-time experience

-

Financing Options
 
Scholars Education Centre Franchise
Tracy Learning Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Scholars Education Centre Franchise
Tracy Learning Franchise
Training Training available in OntarioBefore you open your franchise, you will attend an intensive two-week training program at our corporate headquarters in Orem, Utah, or we can come to your location. Ongoing training and assistance is available year round. Web and computer-based instruction and one-on-one, on-site visits from our trained and experienced staff of field consultants.
Support Website, operations (support from head office field staff and corporate location), general day-to-day procedures, and location opening.We help you develop relationships with your customers by helping you show them that you are their connection to effective training. Tracy Learning's national advertising becomes your advertising.
Marketing National campaigns, in-house marketing agency that works closely with franchisees, website support, and on-going sales training and support-
Operations

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
 
Scholars Education Centre Franchise
Tracy Learning Franchise
US Expansion -Yes
Canada Expansion Yes-
International Expansion --

Company Overviews

About Scholars Education Centre

Starting in 1998, Scholars Education Centre opened its first centre in Thunder Bay, ON and opened their first Franchise location in 2000.Scholars Education Centre is a supplemental education company that helps students by developing an individualized program to maximize their academic success. We coach both struggling and successful students in all subjects, those completing specialized testing or those looking to achieve higher grades to gain admittance to post secondary programs. The adult programming component of the business offers a variety of options for adults looking to get ahead. Computer training, academic upgrading, and GED preparation are just a few of the adult programs we offer.

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.

About Tracy Learning

Taking control of your own financial future by owning a Tracy Learning franchise has never been easier or more desirable. Leading businesses around the globe look to Tracy Learning as an important source of effective training solutions. As a member of our franchisee network, you will: * Be in charge of your own life * Get away from corporate downsizing * Create something of lasting value, a legacy for your family * Fulfill your ambitions Every Tracy Learning franchise is equipped with the technologies, capabilities and training that will ensure that you exceed customer expectations and eclipse the competition. Businesses need multiple skills and capabilities in order to survive and prosper.
At Tracy Learning, we offer a variety of training offerings to match the current and future needs of our clients. Tracy Learning's strong market presence and innovative training solutions deliver the quality and service that our business partners demand. Every Tracy Learning franchise offers training courses in: * Leadership * Problem Solving * Decision Making * Proactive Planning * Problem Prevention * Customer Loyalty * Customer Allegiance * Team Development * Project Management
Tracy Learning is working to build a network of franchisees who are talented, experienced executives and who have been successful in other businesses and the corporate world. Our franchisees will be a key competitive advantage for Tracy Learning. We are looking for professionals with diverse experience but share a common entrepreneurial spirit that leads to excellence, the willingness to work for financial rewards and an interest in a stimulating and profitable future. If you can deliver training, are customer service oriented and want to be rewarded based on your own efforts, a Tracy Learning franchise may be the right opportunity for you.