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Transworld Business Advisors costs and fees

The average cost to open one of the 200 biggest franchises in the US is $1,202,874 — see how Transworld Business Advisors compares.

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Fact checked
Overall costs for Transworld Business Advisors run anywhere from $69,855 to $82,185. See how the costs break down and what funding options might be right for your new venture into the franchise foray.

How COVID-19 affects franchising costs

Strict sanitation and employee protection measures during the coronavirus outbreak add to the typical costs you face when opening a new franchise. Paired with the unusually heavy amount of promotions that may be required by the franchise, you may not see as much in the way of profits starting out. For more information on what support is out there, read our guide to loans for businesses affected by the coronavirus.

Estimated initial costs

Our cost estimates are accurate as of 2019 from https://www.franchisedirect.com and include opening fees and expenses only. Your location may result in higher or lower fees.

Franchise fees

Transworld Business Advisors franchise fees total around $49,500, which is more than the $37,000 average for the 200 largest franchises.
Franchise Cost
Initial franchise fee $49,500 to $49,500
Royalty A monthly fee equal to the greater of 8% of Gross Revenues or $300 u2013 months 1-12$600 u2013 months 13-24$900 u2013 after 24 months
Estimated total $49,500 to $49,500

Equipment fees

Equipment fees total $750 for Transworld Business Advisors. This is less than the $180,023 average for the top 200 franchises.
Equipment Cost
Equipment and office software $0 to $1,500
Estimated total $0 to $1,500

Real estate fees

Real estate will set you back $4,050 for Transworld Business Advisors, thought it's less than the average of $788,376 for the top 200 franchises.
Real estate Cost
Premises lease $900 to $7,200
Estimated total $900 to $7,200

Training fees

Transworld Business Advisors initial training costs total $350, which comes in under the nationwide average of $9,788.
Training Cost
Travel and living expenses while in training school $210 to $490
Estimated total $210 to $490

Marketing costs

Advertisement and marketing costs total up to $5,000 for Transworld Business Advisors, beating out the nationwide average of $9,938.
Marketing Cost
Advertising fund, initial membership fee $500 to $500
Initial advertising $3,000 to $6,000
Estimated total $3,500 to $6,500

Insurance costs

Initial insurance costs for Transworld Business Advisors run $1,375. This means you'll be paying less than the overall nationwide average of $6,311.
Insurance Cost
Insurance $750 to $2,000
Estimated total $750 to $2,000

Administrative fees

Transworld Business Advisors administrative fees total up to $14,995 — which comes in over the overall nationwide average of $6,761.
Admin Cost
Software and supplies package $14,995 to $14,995
Estimated total $14,995 to $14,995
All costs were found using the 200 largest franchises nationwide using Franchise Direct's list of more than 300 franchises, and are accurate as of 2019.

How to finance

The best way to finance Transworld Business Advisors comes down to your personal financial situation. What assets you have available will largely determine how much you need to borrow, and which option suits you best. Potential solutions include:
  • Bank loan. Your personal credit plays a large role in getting a business term loan from a bank. Typically this type of funding is for larger amounts.
  • Online loan. Credit requirements may be more flexible for an online loan than a bank loan, but amounts may max out at a lower amount — typically around $1 million.
  • SBA loan. The good part about SBA loans is that they top out at $5 million, but your business has to meet a number of requirements.
  • Credit card. Small costs that aren't fixed, such as stray inventory and supply purchases, may be better off on a business credit card. Just make sure you can pay it off quickly to avoid high APRs.
Also check if Transworld Business Advisors franchise financing is available. You may be able to get some of the costs covered for less than you would with other traditional funding options.

Compare small business lenders

Data indicated here is updated regularly
Name Product Filter Values Min. Amount Max. Amount Requirements
Lendio business loans
$500
$5,000,000
Operate business in US or Canada, have a business bank account, 560+ personal credit score
Submit one simple application to potentially get offers from a network of over 300 legit business lenders.
Fora Financial business loans
$5,000
$500,000
1+ year in business, $250,000+ annual revenue, no open bankruptcies
Get qualified for funding in minutes for up to $500,000 without affecting your credit score. Great for SBA loan applicants.
First Down Funding business loans
$5,000
$300,000
At least 2 years in business, an annual revenue of $300,000+, and a minimum credit score of 400
Alternative financing up to $300K with highly competitive rates.
ROK Financial business loans
$10,000
$5,000,000
Eligibility criteria 3+ months in business, $15,000+ in monthly gross sales or $180,000+ in annual sales
A connection service for all types of businesses — even startups.
OnDeck small business loans
$5,000
$250,000
600+ personal credit score, 1 year in business, $100,000+ annual revenue
A leading online business lender offering flexible financing at competitive fixed rates.
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How Transworld Business Advisors stacks up

Compare how Transworld Business Advisors holds up against two similarly sized franchises.
Play It Again Sports Transworld Business Advisors Aussie Pet Mobile
Average Franchise fees $25,000 $49,500 $60,000
Average Equipment fees $63,850 $750 $76,700
Average Real estate fees $49,500 $4,050 NA
Average Training fees NA $350 $9,563
Average Inventory fees $105,000 NA NA
Average Marketing fees NA $5,000 $1,000
Average Licenses and permits fees $7,500 NA $350
Average Insurance fees NA $1,375 $550
Average Admin fees NA $14,995 $2,075
Average Personnel fees NA NA NA
Average Other fees $40,000 NA $2,000

Bottom line

Transworld Business Advisors franchise costs run a total of $76,020. Before you decide to become a franchisee, compare the total costs against industry averages. And to learn more about financing read our guide to franchise financing.

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