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Below is an in-depth analysis and side-by-side comparison of Children's Technology Workshop vs Portal Languages 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 | $25,000 - $50,000 |
Franchise Fee | $25,000 | $15,000 |
Royalty Fee | 6% | 7% |
Advertising Fee | - | - |
Year Founded | 1997 | 2008 |
Year Franchised | 2004 | 2013 |
Term Of Agreement | 7 years | - |
Term Of Agreement | 7 years | - |
Renewal Fee | $1K | - |
Business Experience Requirements |
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Experience | - | |
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 | - |
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.
Portal Languages began as a private language tutoring service by our founders from their apartment in Costa Mesa, California. The spark that launched the company came from a continuous demand for their language tutoring service. In January 2009, the founders decided to establish Portal Languages - " Costa Mesa in a 400 sq./ft. office space.
A website and a functional space was then created for the school. We decided to adopt the Language Teaching Methodology Series - “The Natural Approach, Language Acquisition” developed by Stephen D. Krashen and Tracy D Terrell.
What followed were several years of quick expansion as internet marketing campaigns, student referrals and a sound business principle began to pay off.
Portal Languages has been helping students acquire a foreign language for over 5 years. As a franchise owner, you’ll have continual support to develop a profitable and simple business. This is the Ideal business for an experienced language teacher with entrepreneurship skills who is interested in starting his/her own business and contribute to the community.
-Royalties and marketing are about 8% of gross sales;
-Average unit volumes are $200,000.