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Updated RecentlyComputertots vs Ho Math & Chess Learning Centre Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Computertots vs Ho Math & Chess Learning Centre including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $47,700 - $66,300 | $1,000 |
| Franchise Fee | $30,000 | $1,000 |
| Royalty Fee | 8% | 0 |
| Advertising Fee | - | - |
| Year Founded | 1983 | 1995 |
| Year Franchised | 1988 | 2004 |
| Term Of Agreement | 15 years | 1 year |
| Term Of Agreement | 15 years | 1 year |
| Renewal Fee | 5% of franchise fee | $2,000 |
Business Experience Requirements |
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| Experience | ||
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | Yes/No | No/No |
| Start-up Costs | No/No | No/No |
| Equipment | No/No | No/No |
| Inventory | No/No | No/No |
| Receivables | No/No | No/No |
| Payroll | No/No | No/No |
Training & Support |
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| Training | - | - |
| Support | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures | Toll-free phone line, Purchasing cooperatives |
| Marketing | National media, Regional advertising | Co-op advertising |
| Operations |
Franchise can be run from home. International franchisees required to buy multiple units/master licenses; 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 6 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Franchise can be run from home.
Number of employees needed to run franchised unit: 1 - 1
Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators) |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | No | Yes |
| International Expansion | Yes | Yes |
Company Overviews
About Computertots
Computertots is now a subsidiary of ComputerExplorers In 1984, personal computers were still considered a luxury, and schools were figuring out how to best use the new technology as a learning tool. Moms Karen Marshall and Mary Rogers saw the teaching potential of computers and began Computertots/Computer Explorers with $1,500, one computer and 10 young students. Franchisees can operate the business using either a manager model or an owner-operated model. A manager employs a staff to assist in the teaching and operation of the business; the owner of an owner-operated model not only teaches classes, but also operates the business.
In 2003, Computertots/Computer Explorers was acquired by The International Center for Entrepreneurial Development Inc., which also owns Kwik Kopy Printing, Kwik Kopy Business Centers, Franklin's Printing, American Wholesale Thermographers, Copy Club, Women's Health Boutique and Parcel Plus.
About Ho Math & Chess Learning Centre
Why Ho Math and Chess franchising is successful? Honestly, there are no secrets. It is all down to earth hard work and they finally paid off. In a nutshell, we truly and honestly deliver what parents and children want. We have successfully integrated chess into math by creating fun teaching materials which are unmatched by others. Our teaching method truly boosts children's math marks. Our IQ Chess workbooks and chess teaching set improve children's brain power.Ho Math and Chess is the world's largest and leading child education franchise dedicated to teaching children math through its patents applied, one-of-a-kind math and chess integrated workbooks. Ho Math and Chess invented the world's first math and chess integrated workbook (patent pending) and unique, effective chess training set for children as young as 4 years old. Ho Math and Chess learning center, the world leading authority in math and chess integrated teaching and research, has been a top child education franchiser and tutoring franchiser!