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Updated RecentlyChildren's Technology Workshop vs My Very Own Adventure! Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Children's Technology Workshop vs My Very Own Adventure! 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 | $7,495 - $19,995 |
| Franchise Fee | $25,000 | N/A |
| Royalty Fee | 6% | $2.00/DVD |
| Advertising Fee | - | - |
| Year Founded | 1997 | - |
| Year Franchised | 2004 | - |
| Term Of Agreement | 7 years | - |
| Term Of Agreement | 7 years | - |
| Renewal Fee | $1K | - |
Business Experience Requirements |
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| Experience | General business experience. Computer, video, and photography experience is helpful. | |
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 | Setup Manual Operations Manual Online support via e-mail, website FAQ Phone support Newsletter Marketing materials (at cost) |
| 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) | Business model can be run from home, only if being used to schedule on-location events. Licensee can own more than one unit. System can be operated by one person. |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | No | - |
| International Expansion | Yes | Yes |
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 My Very Own Adventure!
Complete Turnkey Personalized Video Studio "My Very Own Adventure!" is a unique green screen video product that lets people of all ages star in their own cartoon or video. By using our patent-pending green screen technology, we're able to superimpose your full body into the video of your choice. Your customers can experience movie magic and star in their own video by acting out scenes on the green screen stage. Anyone can drive a race car, beat up ninjas, fight off a hoard of zombies, escape from a spooky manor, or even play hockey. We currently offer 15 great Adventures to choose from, both live action and cartoon animation for all ages! In only five minutes, customers can get their own personalized take-home DVD.