Children's Technology Workshop vs Math Squared Education Franchise Comparison

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

Start-Up Costs and Fees

 
Children's Technology Workshop Franchise
Math Squared Education Franchise
Investment $81,000 - $105,000$18,550 - $39,300
Franchise Fee $25,000$599
Royalty Fee 6%-
Advertising Fee --
Year Founded 1997-
Year Franchised 2004-
Term Of Agreement 7 years-
Term Of Agreement 7 years-
Renewal Fee $1K-


Business Experience Requirements

 
Children's Technology Workshop Franchise
Math Squared Education Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
  • Enthusiasm for technology, engineering, science
  • -

    Financing Options

     
    Children's Technology Workshop Franchise
    Math Squared Education Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support

     
    Children's Technology Workshop Franchise
    Math Squared Education Franchise
    Training --
    Support Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations-
    Marketing Co-op advertising, Ad slicks, 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)

    -

    Expansion Plans

     
    Children's Technology Workshop Franchise
    Math Squared Education Franchise
    US Expansion --
    Canada Expansion NoNo
    International Expansion YesNo

    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 Math Squared Education

    In 1999, the founders of Math Squared, Henry Yang and Jean Tsai realized that most children were having difficulties with problem solving in mathematics and therefore started research about all kinds of math learning programs available. But they found a lot of programs were using the rote system and almost none focused on balancing computation, problem solving, critical thinking, logic, puzzle, geometry and other areas in math. In 2000, they gathered a group of professional engineers, psychologists, mathematicians and educators, in Silicon Valley, who have drawn upon their individual areas of expertise and collaborated to design this entirely new system of learning math for Pre-K to 6th grade. Since the company's inception, 15 centers have been established in the US operating with Math Squared's license program. To further their marketing efforts, they have collaborated with Smart Kids Corp for distribution of the licensees. The founder of Smart Kids, Perry Ho believes that math is more than just the computation; children should be able to think out of the box and be equipped to overcome further challenges. Perry has more than 10 years of working experience as a Program/Marketing Manager in AT&T Bell Labs. She has won the highest honor of Bells Labs President Award for outstanding work. She has been trained extensively by Math Squared trainer to become a Math Squared certified instructor. Perry has been a dedicated educator for several years.