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Below is an in-depth analysis and side-by-side comparison of Children's Technology Workshop vs GradePower Learning 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 | $99,800 - $270,500 |
Franchise Fee | $25,000 | $40,000 |
Royalty Fee | 6% | 10% |
Advertising Fee | - | 3% |
Year Founded | 1997 | 1984 |
Year Franchised | 2004 | 1991 |
Term Of Agreement | 7 years | - |
Term Of Agreement | 7 years | - |
Renewal Fee | $1K | - |
Business Experience Requirements |
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Experience | Surprisingly, you really do not need to have education experience to operate a successful Grade Power franchise. We're looking for individuals with good people skills who can own, operate, manage and promote their own Grade Power franchise. You'll benefit by working alongside two very successful companies as we help you build your franchise. |
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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 | -/Yes |
Inventory | No/Yes | -/Yes |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | On-The-Job Training: 1 week Classroom Training: 2 weeks Additional Training: Home study |
Support | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations | You will be provided with all the proprietary tools needed - along with the finest training and support system in the franchise industry. Helping you succeed is our primary focus, as we build our mutual franchise into a nationally known and recognized name in the education industry. Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations |
Marketing | Co-op advertising, Ad slicks, Regional advertising | Ad Templates National Media 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) | Absentee Ownership Allowed Number of Employees Required to Run: 1 - 3 |
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.
GradePower Learning is unlike any other franchise in North America and is changing the way our children process, interpret, and organize information. It is important to understand that we do not tutor students.
Tutoring is only a temporary fix; it's focused on getting a better grade or test score. We combine academic tutoring with cognitive learning, so our focus is on improving how children learn. We use these methods in order to teach students how to think correctly. By doing so they learn real self-esteem and they won't need tutoring year after year. This will not only give students better grades, it will benefit them for the rest of their lives. We have the widest array of these programs, such as; Little Readers, Beyond Tutoring, Advantage, SAT/ACT Test Prep, College Readiness Study, ADD, ADHD, NCLB and more!
You will also have the opportunity to partner with a company that not only has 25 years dedicated to the learning and education industry, but also over 35 years experience in franchising and working with people from all walks of life to help them build a successful future for themselves and their families.