Children's Technology Workshop vs Kumon Math & Reading Centers Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Children's Technology Workshop vs Kumon Math & Reading Centers including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Children's Technology Workshop Franchise
Kumon Math & Reading Centers Franchise
Investment $81,000 - $105,000$74,428 - $156,590
Franchise Fee $25,000$1,000
Royalty Fee 6%$34-38/student/mo.
Advertising Fee --
Year Founded 19971958
Year Franchised 20041958
Term Of Agreement 7 years5 years
Term Of Agreement 7 years5 years
Renewal Fee $1K-


Business Experience Requirements
 
Children's Technology Workshop Franchise
Kumon Math & Reading Centers Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
  • Enthusiasm for technology, engineering, science
    		• -

    Financing Options
     
    Children's Technology Workshop Franchise
    Kumon Math & Reading Centers 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/NoNo/No
    Payroll No/NoNo/No

    Training & Support
     
    Children's Technology Workshop Franchise
    Kumon Math & Reading Centers Franchise
    Training -At regional offices
    Support Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluationsNewsletter, Meetings, Toll-free phone line, Grand opening, Internet
    Marketing Co-op advertising, Ad slicks, Regional advertisingCo-op advertising, Regional advertising
    Operations Franchise can be run from home.

    20% of all franchisees own more than one unit

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    Number of employees needed to run franchised unit: 2 - 3

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    Expansion Plans
     
    Children's Technology Workshop Franchise
    Kumon Math & Reading Centers Franchise
    US Expansion -Yes
    Canada Expansion NoNo
    International Expansion YesYes

    Company Overviews

    About Children's Technology Workshop

    The Children’s Technology Workshop is focused on the development and delivery of hands-on, applied-technology curriculum. We have been designing and testing our programs since 1997. At CTW, we are serious about having fun and take pride in our commitment to developing the finest technology and science-based programs available to children. Our activities are under constant review by our full-time staff of educators, engineers, technologists and enthusiasts. We are confident that you'll agree with our philosophy that computers are more than just a tool for writing and researching. We believe computers and technology can empower all children to explore, invent and be creative using the right applications with the right direction. The Children's Technology Workshop offers a variety of programs, including after school, camp, academic and group workshops. Programs are divided by age and are available in different formats to meet scheduling needs of parents and group facilitators.

    About Kumon Math & Reading Centers

    Secondary school math educator Toru Kumon built up the Kumon technique for adapting over 50 years back in Japan, when his child was battling with second-grade number-crunching. Understanding that a solid establishment in the rudiments - expansion, subtraction, increase and division- - was fundamental for larger amount math, Kumon made a progression of math worksheets for his child to chip away at after school. With every day practice, Kumon's child bit by bit extended his authority of scientific aptitudes and by 6th grade could settle differential conditions and basic analytics issues.

    What sets Kumon apart from the rest?

    Worldwide success

    Kumon is the 4th largest franchise on the planet

    Ongoing support

    Our training and support begins on day one, and never ends

    Low startup fees

    You don't have to pay a premium to partner with the worldwide leader

    Veteran Incentives  $10,000 toward build-out/grand-opening costs

    "Top                   ""   "Entrepreneur
    #61 in Gator's Top franchises.  
    #12 in Franchise 500 for 2020.
    #6 in Franchise 500 for 2021.