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Below is an in-depth analysis and side-by-side comparison of Children's Technology Workshop vs KnowledgePoints including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $81,000 - $105,000 | $50,000 - $174,500 |
Franchise Fee | $25,000 | $50,000 - $60,000 |
Royalty Fee | 6% | - |
Advertising Fee | - | - |
Year Founded | 1997 | 1999 |
Year Franchised | 2004 | 2000 |
Term Of Agreement | 7 years | 10 years |
Term Of Agreement | 7 years | 10 years |
Renewal Fee | $1K | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-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 |
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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 |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
The Childrens 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.
KnowledgePoints Learning Centers provide a personal approach to basic
skills tutoring. With proven results and a guarantee of success, our
customized tutoring programs in reading, writing, math and study skills
help ensure students at our tutoring centers reach their academic goals.
All KnowledgePoints Learning Centers are run by Center Directors who
complete an intense 12 week training program before being certified as a
KnowledgePoints Director of Learning. Our learning centers serve
students in grades Pre-K-12 who are struggling, have fallen behind or
who need additional challenge. Our tutoring program consists of a
diagnostic skills assessment, individualized tutoring instruction, and
an effective motivational system that builds students’ skills and helps
them gain the desire and confidence to succeed at the learning center,
in school and in life!