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Transworld Business Advisors franchise financing options

Compare costs, fees and where to get financing for a Transworld Business Advisors.

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.

Estimated initial costs

Our cost estimates are accurate as of 2021 from Franchise Direct and include opening fees and expenses only. The location you choose for your Transworld Business Advisors franchise 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 2021.

How to finance

Since the estimated total for Transworld Business Advisors is on the more costly side, we recommend following these steps to get fully financed:
  1. Go to the Transworld Business Advisors franchising website and review its financial requirements, including cash-on-hand requirements.
  2. Reach out to Transworld Business Advisors about in-house financing for franchisees.
  3. If in-house financing isn't available, look for online loans, bank loans and SBA loans to help meet the $76,020 estimated opening costs.
  4. Compare lenders based on amounts, interest rates and what types of personal and business credit history they accept.
  5. Once you settle on a lender, gather all required documents, including account statements and assets.
  6. Apply for financing online or in person as required by the lender.

What types of financing is available?

Consider one of the following options for covering a portion of the costs to open a Transworld Business Advisors.
  • Online loan. For a turnaround that's faster than a bank, an online business loan could be the way to go. Credit requirements are often more flexible than those of traditional bank loans, too.
  • Credit card. Using a business credit card allows you to spend up to your preapproved limit. This means if extra expenses pop up, you can likely cover them without having to take out another type of financing.
  • Bank loan. If you have stronger credit — typically a score of 670 or higher — a traditional bank loan may get you a more favorable interest rate than a credit card or online loan.
  • SBA loan. Qualifying for an SBA loan is easier than a traditional bank loan, but it typically comes with fees and higher interest rates.
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

You may not need financing to cover the estimated $69,855. But if you need funds for other business ventures, select the loan amount, your time in business and revenue and your personal credit score to compare a selection of lenders.
Name Product Filter Values Min. Amount Max. Amount Requirements
Biz2Credit business loans
up to $6 million
up to $6 million
6+ months in business; $100,000+ monthly revenue; 500+ credit score
Get only the capital you need through secure, prescreened lenders with this highly rated company offering SBA, expansion, working capital and other loans.
OnDeck short-term loans
$5,000
$250,000
600+ personal credit score, 1 year in business, $100,000+ annual revenue, active business checking account
A leading online business lender offering flexible financing at competitive fixed rates.
Fora Financial business loans
$5,000
$500,000
6+ months in business, $12,000+ monthly revenue, no open bankruptcies
Get qualified for funding in minutes for up to $500,000 without affecting your credit score. Best for companies with at least six figures in annual revenue.
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.
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.
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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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