Children's Technology Workshop vs Stemtree Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Children's Technology Workshop vs Stemtree including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Children's Technology Workshop Franchise
Stemtree Franchise
Investment $81,000 - $105,000$83,800 - $149,800
Franchise Fee $25,000$39,500
Royalty Fee 6%8%
Advertising Fee -2%
Year Founded 19972014
Year Franchised 20042016
Term Of Agreement 7 years-
Term Of Agreement 7 years-
Renewal Fee $1K-


Business Experience Requirements
 
Children's Technology Workshop Franchise
Stemtree Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
  • Enthusiasm for technology, engineering, science
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    Financing Options
     
    Children's Technology Workshop Franchise
    Stemtree Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/Yes
    Start-up Costs No/Yes-/Yes
    Equipment No/Yes-/Yes
    Inventory No/Yes-/Yes
    Receivables No/No-/Yes
    Payroll No/No-/Yes

    Training & Support
     
    Children's Technology Workshop Franchise
    Stemtree Franchise
    Training - On-The-Job Training: 8 hours Classroom Training: 30 hours
    Support Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations Ongoing Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Site Selection Franchisee Intranet Platform
    Marketing Co-op advertising, Ad slicks, Regional advertising Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing
    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
     
    Children's Technology Workshop Franchise
    Stemtree Franchise
    US Expansion -Yes
    Canada Expansion No-
    International Expansion YesYes

    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 Stemtree

    "Stemtree

    The STEMTREE franchise model offers education services that focus on the core curricula of science, technology, and engineering.
    STEMTREE’s programs nurture each student’s inner scientist through innovative, engaging, and hands-on learning experience, built upon a solid foundation of scientific curricula, giving each student the edge for success in today’s schools and the world.
    Whether achieving higher grades in the classroom, helping students become successful science professionals or engineers, or simply instilling and cultivating an appreciation and a deep understanding of science and technology, STEMTREE offers after-school programs, with or without student pick-ups, one-on-one tutoring, educational camps, home-school study programs, and even birthday parties and event-based programs.
    Stemtree was founded on the idea that nothing is more important than enriching the lives of others; now we want to extend that service to our franchisees.
    Stemtree has a strong potential ROI for a franchise owner. With reasonable overhead and a low startup cost for the education industry, the concept is financially sound. We do not guarantee any success or levels of profitability, but with a large margin for error, a franchisee can be much less effective than our projections and still have a successful business.

    STEMTREE’s business model requires a fixed commercial location comprising approximately 1,500 to 2,500 square feet of space.

    Veteran Incentives  10% off franchise fee