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Below is an in-depth analysis and side-by-side comparison of High Touch High Tech vs Math Squared Education including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $62,750 - $69,000 | $18,550 - $39,300 |
Franchise Fee | $52,500 | $599 |
Royalty Fee | 7% | - |
Advertising Fee | - | - |
Year Founded | 1992 | - |
Year Franchised | 194 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $2.5K | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | Classroom Training: 40 hours Additional Training: Training videos & program manuals; bi-annual conference; technology resources training | - |
Support | Newsletter Meetings/Conventions Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform | - |
Marketing | Ad Templates Social media SEO Website development Email marketing | - |
Operations |
Franchise can be run from home. 30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | Yes | No |
International Expansion | Yes | No |
Founded by Daniel and Ellen Shaw, High Touch-High Tech offers a 90-minute, in-school 'field trip' that uses hands-on science programs. As a supplement to school science curricula, High Touch-High Tech serves children at all educational levels, from pre-school to high school. Programs cover the physical, natural, environmental and mathematical sciences and meet the National Board of Education Student Science Performance Standards. The company also provides 'Sizzlin Science' Birthday Parties. High Touch-High Tech franchisees hire educators who are required to have a four-year teaching degree from an accredited college or university, as well as a certificate in teaching science or eligibility for one.
In 1999, the founders of Math Squared, Henry Yang and Jean Tsai realized that most children were having difficulties with problem solving in mathematics and therefore started research about all kinds of math learning programs available. But they found a lot of programs were using the rote system and almost none focused on balancing computation, problem solving, critical thinking, logic, puzzle, geometry and other areas in math. In 2000, they gathered a group of professional engineers, psychologists, mathematicians and educators, in Silicon Valley, who have drawn upon their individual areas of expertise and collaborated to design this entirely new system of learning math for Pre-K to 6th grade. Since the company's inception, 15 centers have been established in the US operating with Math Squared's license program. To further their marketing efforts, they have collaborated with Smart Kids Corp for distribution of the licensees. The founder of Smart Kids, Perry Ho believes that math is more than just the computation; children should be able to think out of the box and be equipped to overcome further challenges. Perry has more than 10 years of working experience as a Program/Marketing Manager in AT&T Bell Labs. She has won the highest honor of Bells Labs President Award for outstanding work. She has been trained extensively by Math Squared trainer to become a Math Squared certified instructor. Perry has been a dedicated educator for several years.