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Below is an in-depth analysis and side-by-side comparison of Children's Technology Workshop vs Power Tots 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 | $35,525 - $62,700 |
Franchise Fee | $25,000 | $20,000 |
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 |
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Experience | * LOVE of children! * Great organizational skills! * Outgoing and personable! * Willingness and eagerness to learn! * Reliable and responsible! * Physically active lifestyle! * Experience in dance/gymnastics/yoga/owning a business a plus, but not required! | |
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 | - | You will attend 8-10 days of training at our home office in Southern MD |
Support | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations | *On-site assistance and start up support *A buddy system is set up for weekly progress talks with our office. |
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.
Power Tots Franchising is here!
Power Tots, Inc. is putting forth another and energizing establishment opportunity that is unique in relation to whatever other business out there! While wellness based projects for youngsters are extraordinary in managing today's worries with adolescence heftiness and health, Power Tots Gymnastics, Dance, and Yoga facilitate this attempt by likewise growing fine and gross engine aptitudes, advancing general physical and passionate prosperity, and maintaining our very own mantra, "Put stock in the Power of a Positive Attitude!"
It's anything but difficult to see why everybody's flipping for a Power Tots establishment!
Locally situated business, so there's low overhead!
Simple start-up!
Subsidence safe!
Intensely estimated!
25+ years demonstrated effective administration in the MD/DC/VA metro zone!
Constant market! The childcare business is a piece of a 18 billion dollar (and developing) industry!
No aerobatic, move, or yoga encounter vital!
Persistent support and help from our Home Office!
Adaptable working hours!
Mark name connected with high caliber and polished methodology!