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Below is an in-depth analysis and side-by-side comparison of Children's Technology Workshop vs Tippi Toes Dance Company 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 | $28,000 - $40,000 |
Franchise Fee | $25,000 | $28,000 |
Royalty Fee | 6% | 6% |
Advertising Fee | - | - |
Year Founded | 1997 | 1999 |
Year Franchised | 2004 | 2009 |
Term Of Agreement | 7 years | 10 years |
Term Of Agreement | 7 years | 10 years |
Renewal Fee | $1K | $10K |
Business Experience Requirements |
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Experience | None needed as we train to the specific needs of each franchise owner. | |
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 | - | On-site training at initial start up; seminars annually |
Support | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations | Weekly phone calls (as needed), Meetings, phone line, Internet, Security/safety procedures, On Site sales, and start-up |
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) | Franchise can be run from home. 0% of all franchisees own more than one unit Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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US Expansion | - | Yes |
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.
Tippi Toes provides a unique experience in a family-oriented environment and is dedicated to offering exceptional service to customers. We have proven our operations, training, marketing services, etc, over the past few years and are expanding by appointing qualified individuals to operate one or more dance dream worlds as a franchise. Tippi Toes also uses original music specifically designed to make our dance classes more kid-freindly and positive unlike any other children's activity.Tippi Toes Dance Company is a family business and we are as committed to your success as to our own. We are looking for people who love children and want to improve their lives on a daily basis! Tippi Toes provides a unique experience in a family-oriented environment and we are dedicated to offering exceptional service to customers. We have proven our operations, marketing services, etc, over the past few years and are ready to expand into the states of Texas, Oklahoma, Ohio, Minnesota, Florida Kansas and Missouri by appointing qualified individuals to operate one or more dance dream worlds as a franchise. If you genuinely enjoy children If you are interested in owning your own business but not being in business alone If you are interested in having a business with an excellent growth and profit potential You may just be the right person to be our next franchise. When you become a Tippi Toes Dance Company franchisee you'll receive all the training, materials and support you need. And as with any family, we'll be communicating on a regular basis, keeping you aware of the latest trends and developments.