Dale Carnegie Training recently secured press coverage in Franchise Times. The piece featured franchise partners who own territories in the Netherlands, Australia and India, including franchise partners Cuneyt Soydas and Caglayan Bodur, Jordan Wang and Pallavi Jha, respectively, to discuss Dale Carnegie’s training more...
Low Cost Business – Low Overhead, No Inventory
The average start-up cost to open a Dale Carnegie business is 20% lower than the average investment for businesses in the industry.
Please review the following information on the investment and fees you’ll need to get your franchise started, along with the financial performance of some of our existing franchise partners.
Investment and Franchise Fee
Although there are several qualities we look for in a franchise candidate, their financial position is one of high importance. Our experience has shown that having enough capital to launch and run the business successfully is a key success factor.
Here’s a basic breakdown of the costs associated with opening and maintaining a Dale Carnegie Training franchise.
Net Worth and Liquid Capital
We require franchisees to have a minimum net worth of $500,000, and have at least $150,000 in liquid capital depending on the size and location of your territory. Having the appropriate amount of liquid capital will help you manage the expenses of the business before you’ve established a regular client base.
The Initial Franchise Fee you are required to pay will vary depending on the size and potential (“Revenue Target”) of your territory at the time you enter into the Franchise Agreement with us. A breakdown of the franchise fee you’ll be expected to pay according to the Revenue Target of your desired territory is shown on the chart below:
Initial Franchise Fee
$1,000,000 or less
From $1,000,001 up to and including $2,500,000
From $2,500,001 up to and including $3,500,000
From $3,500,000 up to and including $5,000,000
Greater than $5,000,000
In addition to your investment and Franchise Fee, there are a number of other fees to consider. For instance, royalties, trainer training fees, and the cost of our proprietary software are important expenses to keep in mind. Below is a breakdown of these and the other additional fees you should expect to pay as a Dale Carnegie Training franchisee:
1. ACCET Fee – Only applicable to US-based franchises (Accrediting Council for Continuing Education & Training): You will pay to us the ACCET Fee for the accreditation of your training franchise prior to commencement of any training classes and annually thereafter. The ACCET fee is anticipated to be $1,200, subject to increases in fees by the Accrediting Counsel for Continuing Education and Training. We do not anticipate that any increases would require you to pay more than $2,000.
2. Trainer Training Fees (Only applicable if there are no qualified trainers in the Territory): Your trainer training fee will vary based upon the optimal number of trainers necessary to begin operation in your territory, depending on a number of factors, including, without limitation, the Revenue Target, geographic size of the territory and anticipated trainer workload. Your costs will be between $10,000 to $25,000 for certification of up to three trainer candidates.
3. Royalty (Tiered):
a. 12% of Gross Revenues up to 65% of Revenue Target,
b. 9.5% of Gross Revenues between 65.01% and 85% of Revenue Target,
c. 7% of Gross Revenues between 85.01% and 115% of Revenue Target and
d. 4.5% of Gross Revenues exceeding 115% of Revenue Target.
4. Marketing Contribution: 3% of Gross Revenues.
5. Product End Evaluations: $260 to $4,600 per year
6. Dale Carnegie Computer System & Software: $2,334+ (depending on number of users)
Although Dale Carnegie does not provide financing, there are many funding sources, including but not limited to:
Contact the Franchising Team
Recent News and Blog Posts
Dale Carnegie Training Named to Entrepreneur Magazine’s Franchise 500® List
Dale Carnegie Training has been named to Entrepreneur’s Franchise 500® list, considered the world’s first, best and most comprehensive franchise ranking. “We are honored to receive this ranking,” said Jean-Louis Van Doorne, Chief Franchise Advocate at Dale Carnegie Training. “We look forward to more...
Dale Carnegie Training Soars To New Heights On Entrepreneur Magazine’s 40th Annual Franchise 500® List
Professional Development Franchise Ranked #1 in the Training Programs Category MELVILLE, NY – Dale Carnegie Training announced today that it has been named to Entrepreneur magazine’s Franchise 500® list, considered the world’s first, best and most comprehensive franchise ranking. Dale Carnegie Training has more...