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Below is an in-depth analysis and side-by-side comparison of TCYonline.com vs Portal Languages including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $2,499 - And Up | $25,000 - $50,000 |
Franchise Fee | $2,499 | $15,000 |
Royalty Fee | - | 7% |
Advertising Fee | - | - |
Year Founded | - | 2008 |
Year Franchised | - | 2013 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | Support/Training Available | - |
Support | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | - | - |
International Expansion | Yes | - |
TCYonline.com, an online initiative of Top Careers & You (TCY), was founded in 1998. With its student-centric approach, it is helping thousands of K-12 students attain academic excellence. The company specializes in online supplemental education programs including live tutoring, online homework help and standardized test preparation. Backed by over a decade of classroom teaching experience, along with its technology and methodology, TCYonline.com provides students with the ability to learn at the place and pace they choose. TCYonline.com also offers prospective business owners the opportunity to join the flourishing online tutoring industry. Capitalize on The Tremendous Demand For Supplemental Education Services. Online tutoring, today's hottest business idea is estimated to soon surpass classroom instruction. TCYonline.com offers you its fastest growing affiliate network with 'low-Investment' and a 'work-from-home' business opportunity. Our unique business model allows you to dedicate your resources to promoting your business. All academic activities are taken care of by the TCYonline.com team, which keeps your overhead significantly low. Our Complete System Gets You Into Business Quickly and Easily. TCYonline.com provides on-going support to their business associates to ensure that the business is up and running quickly and efficiently. You'll benefit from: * Low investment opportunity * Exclusive territories * Work-from-home business * Ongoing marketing support & training The Convenience and Effectiveness of Online Tutoring Appeals to a Vast Audience. Your clients will enjoy the convenience and educational gains that online tutoring provides. Salient tutoring features: * Real time one-on-one live tutoring on the Whiteboard * State-aligned curriculum, assessments and tutoring plans * Highly cost-effective with unlimited tutoring plans * 24/7 tutoring from the comfort of the home * No more driving to and from tutoring centers
Portal Languages began as a private language tutoring service by our founders from their apartment in Costa Mesa, California. The spark that launched the company came from a continuous demand for their language tutoring service. In January 2009, the founders decided to establish Portal Languages - " Costa Mesa in a 400 sq./ft. office space.
A website and a functional space was then created for the school. We decided to adopt the Language Teaching Methodology Series - “The Natural Approach, Language Acquisition” developed by Stephen D. Krashen and Tracy D Terrell.
What followed were several years of quick expansion as internet marketing campaigns, student referrals and a sound business principle began to pay off.
Portal Languages has been helping students acquire a foreign language for over 5 years. As a franchise owner, you’ll have continual support to develop a profitable and simple business. This is the Ideal business for an experienced language teacher with entrepreneurship skills who is interested in starting his/her own business and contribute to the community.
-Royalties and marketing are about 8% of gross sales;
-Average unit volumes are $200,000.