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Updated RecentlyHo Math & Chess Learning Centre vs Ivybrook Academy Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Ho Math & Chess Learning Centre vs Ivybrook Academy including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $1,000 | $310,700 - $440,200 |
| Franchise Fee | $1,000 | $50,000 |
| Royalty Fee | 0 | 6% |
| Advertising Fee | - | 1% |
| Year Founded | 1995 | 2007 |
| Year Franchised | 2004 | 2016 |
| Term Of Agreement | 1 year | - |
| Term Of Agreement | 1 year | - |
| Renewal Fee | $2,000 | - |
Business Experience Requirements |
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| Experience | Compassionate and caring, ready to help our students learn Able to work with both students and their parents – both our “customers” Motivated to build a team and student enrollment Accepts and embodies the Ivybrook Academy mission | |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | -/Yes |
| Start-up Costs | No/No | -/Yes |
| Equipment | No/No | -/Yes |
| Inventory | No/No | -/Yes |
| Receivables | No/No | -/Yes |
| Payroll | No/No | -/Yes |
Training & Support |
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| Training | - | We provide over 120 hours in person for you to get up and running before you even open and it doesn’t stop there. Here is a list of how we are DETERMINED to set you up for SUCCESS: Before Opening - 2 weeks of training both at our corporate location and at your school’s location Opening Month- Our team will be with you the entire week prior to opening as well as your first week of operation. After Opening- Regular visits, calls and open lines of communication are important for everyone’s success! On-The-Job Training: 46 hours Classroom Training: 66 hours |
| Support | Toll-free phone line, Purchasing cooperatives | Purchasing Co-ops Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Co-op advertising | National Media Social media SEO Website development Email marketing |
| Operations |
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) | Number of Employees Required to Run: 15 |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | Yes | - |
| International Expansion | Yes | - |
Company Overviews
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!
About Ivybrook Academy
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- Steady daytime hours of operation - 8:15 to 4:30
- No transportation/busing of children
- No lunches served
- Professional teachers with 4-year teaching degrees
- Progressive blended curriculum based on Reggio Emilia and Montessori methods
- The facility is closed approximately 32 work days per year
- When summer hours are involved, the facility closes by noon