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Below is an in-depth analysis and side-by-side comparison of BigGyan Cloud eLearning vs School of Rock including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $22,222 | $271,500 - $494,100 |
Franchise Fee | N/A | $49,900 |
Royalty Fee | $6667/year | 8% |
Advertising Fee | - | 3% |
Year Founded | - | 1998 |
Year Franchised | - | 2005 |
Term Of Agreement | - | 10 years |
Term Of Agreement | - | 10 years |
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 | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | On-Site training in both the business and music instruction aspects of running your school at one of our three training schools On-The-Job Training: 5 hours Classroom Training: 25 hours Additional training as needed |
Support | - | Assistance in getting your school built including a nationwide network of real estate partners, design and construction standards and guidance, and contracting partners. A proprietary IT system to manage the school business Grand Opening and continued marketing support through plan development and execution, creative and collateral, PR, and A dedicated franchise operations director to work with you Ongoing new product and program development Discounts on equipment through our network of partners The only national network of rock music education schools. Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | - | Ad Templates National Media Regional Advertising SEO Website development Email marketing |
Operations | - | Absentee Ownership Allowed Number of Employees Required to Run: 14 - 21 |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | Yes |
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.