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Updated RecentlyChildren's Technology Workshop vs KidsPark Childcare Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Children's Technology Workshop vs KidsPark Childcare 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 | $293,250 - $516,500 |
| Franchise Fee | $25,000 | $30,000 |
| Royalty Fee | 6% | 5% |
| Advertising Fee | - | $250 a month |
| Year Founded | 1997 | 1988 |
| Year Franchised | 2004 | 2005 |
| Term Of Agreement | 7 years | - |
| Term Of Agreement | 7 years | - |
| Renewal Fee | $1K | - |
Business Experience Requirements |
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| Experience | We seek franchisees with demonstrated marketing and management skills, and good communication. Childcare experience is not required. Ideal candidates locate their protected territory in urban areas and are committed to moving forward within 90 days from point of contact. |
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Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | -/- |
| Start-up Costs | No/Yes | -/Yes |
| Equipment | No/Yes | -/- |
| Inventory | No/Yes | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | - | Pre-opening - we provide detailed Play-by-Play center creation training and support, 1-week hands-on center management and program implementation for you and your Director, and 2-days on-site training. On-going, we provide bi-monthly group webinars, bi-monthly individual check-ins, annual on-site training and an annual Franchise Forum for all owners and directors. All our manuals and resources are available from our on-line library. On-The-Job Training: 30 hours Classroom Training: 30 hours Additional Training: Via webinar, by phone |
| Support | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| 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) | Number of Employees Required to Run: 10 - 15 |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | No | - |
| International Expansion | 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 KidsPark Childcare
We envision KidsPark centers in cities across the United States. If you are looking for an entrepreneurial opportunity to contribute a needed service to your community and are considering an overall investment between $166,000 and $340,000, take a close look at KidsPark. As a KidsPark owner, you will share a reputation for quality, a proven method of operation and an innovative program. Learn about our opportunity by reading our virtual brochure.