FasTracKids vs CompuChild Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of FasTracKids vs CompuChild including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
FasTracKids Franchise
CompuChild Franchise
Investment $48,117 - $203,517$14,900 - $29,900
Franchise Fee $22,000$7,500 - $12,500
Royalty Fee VariableVaries
Advertising Fee --
Year Founded 19981994
Year Franchised 19982001
Term Of Agreement 5 years5 years
Term Of Agreement 5 years5 years
Renewal Fee $1K-


Business Experience Requirements
 
FasTracKids Franchise
CompuChild Franchise
Experience -
  • General business experience
  • Marketing skills
    		•

    Financing Options
     
    FasTracKids Franchise
    CompuChild Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesNo/No
    Start-up Costs No/YesNo/No
    Equipment No/YesNo/No
    Inventory No/YesNo/No
    Receivables No/YesNo/No
    Payroll No/YesNo/No

    Training & Support
     
    FasTracKids Franchise
    CompuChild Franchise
    Training --
    Support Newsletter, Meetings, InternetNewsletter, Meetings, Toll-free phone line, Internet
    Marketing -National media
    Operations 16% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 1 - 2

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

    		 Franchise can be run from home.

    10% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 1

    Absentee ownership of franchise is allowed. (99% of current franchisees are owner/operators)

    Expansion Plans
     
    FasTracKids Franchise
    CompuChild Franchise
    US Expansion --
    Canada Expansion NoNo
    International Expansion YesYes

    Company Overviews

    About FasTracKids

    Founded in 1998, FasTracKids International offers an enrichment education system for children ages 3 to 6. The program is a 2-year curriculum covering 12 academic subjects, including astronomy, biology, economics, literature and mathematics.

    "franchiserankingscom"
    #92 on Franchise Rankings.com

    About CompuChild

    COMPUCHILD has been offering STEAM (Science, Technology, Engineering, Art and Math) based enrichment classes to children in the United States since 1994. With their unique emphasis on Entrepreneurial STEAM™, COMPUCHILD'S programs help kindle the spirit of learning and innovation for the social good at a very young age.
    As a CompuChild Program Director, you join an organization that is 100% committed to your success. We provide comprehensive training and on-going support to ensure you achieve the level of success you desire. CompuChild works with one of the nation's leading franchise development firms to ensure that our franchise program provides cutting-edge training, communication and support systems necessary to ensure our franchisees success. You begin your business with 3 days of comprehensive training conducted in your territory (including our working with you to secure your initial clients). Your training includes a complete review of the operational policies and procedures important to your business, which are all detailed in our Confidential Operations and Policies Manual. You will also receive the forms and materials necessary to operate your business. In addition, you are encouraged to interact with other Program Directors who will reinforce the most effective methods of securing clients, generating students, promoting your classes and other important aspects of your business. You will love the camaraderie enjoyed by our Program Directors who work together for the benefit of the entire organization. As a CompuChild franchisee, you can be confident in your ability to operate your business, whether you have previous business experience or not. Although you will enjoy the benefits of owning your own business, you will not be operating your business alone. CompuChild provides the assistance and support you desire to ensure your success as we work together to make CompuChild the world's leader in preschool computer education.