CompuChild vs Reading Friends Franchise Company Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of CompuChild vs Reading Friends Franchise Company including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$14,900 - $29,900 | $110,950 - $297,500 |
Franchise Fee |
$7,500 - $12,500 | $35,000 |
Royalty Fee |
Varies | 5.5% |
Advertising Fee |
- | - |
Year Founded |
1994 | 1980 |
Year Franchised |
2001 | 2002 |
Term Of Agreement |
5 years | 10 years |
Term Of Agreement |
5 years | 10 years |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
General business experience Marketing skills | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/No | No/No |
Start-up Costs |
No/No | No/No |
Equipment |
No/No | No/No |
Inventory |
No/No | No/No |
Receivables |
No/No | No/No |
Payroll |
No/No | No/No |
Training & Support |
Training |
- | - |
Support |
Newsletter, Meetings, Toll-free phone line, Internet | Grand opening, Field operations/evaluations |
Marketing |
National media | Co-op advertising, Ad slicks |
Operations |
Franchise can be run from home.
10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1
Absentee ownership of franchise is allowed. (99% of current franchisees are owner/operators) |
100% of all franchisees own more than one unit Number of employees needed to run franchised unit: 9
Absentee ownership of franchise is allowed. |
Expansion Plans |
US Expansion |
- | Yes |
Canada Expansion |
No | No |
International Expansion |
Yes | No |
Company Overviews
About CompuChild
COMPUCHILD has been offering STEAM (Science, Technology, Engineering, Art and Math) based enrichment classes to children in the United States since 1994. With their unique emphasis on Entrepreneurial STEAMâ„¢, COMPUCHILD'S programs help kindle the spirit of learning and innovation for the social good at a very young age.
As a CompuChild Program Director, you join an organization that is 100% committed to your success. We provide comprehensive training and on-going support to ensure you achieve the level of success you desire. CompuChild works with one of the nation's leading franchise development firms to ensure that our franchise program provides cutting-edge training, communication and support systems necessary to ensure our franchisees success.
You begin your business with 3 days of comprehensive training conducted in your territory (including our working with you to secure your initial clients). Your training includes a complete review of the operational policies and procedures important to your business, which are all detailed in our Confidential Operations and Policies Manual. You will also receive the forms and materials necessary to operate your business.
In addition, you are encouraged to interact with other Program Directors who will reinforce the most effective methods of securing clients, generating students, promoting your classes and other important aspects of your business. You will love the camaraderie enjoyed by our Program Directors who work together for the benefit of the entire organization.
As a CompuChild franchisee, you can be confident in your ability to operate your business, whether you have previous business experience or not. Although you will enjoy the benefits of owning your own business, you will not be operating your business alone. CompuChild provides the assistance and support you desire to ensure your success as we work together to make CompuChild the world's leader in preschool computer education.
About Reading Friends Franchise Company
Ours started as a story of overcoming. Owner and founder, Nancy
Spencer, was the first person in the city of Fort Worth to be diagnosed
with dyslexia after many years of struggling in school. With the proper
training, she was able to thrive academically and gained a passion for
children and the way that they learn. With the help of Dr. Luke Waites,
Gladys Kolenovsky and a team from Scottish Rite Hospital in Dallas, TX,
Nancy wrote a full curriculum and started Reading Friends preschool in
1980. The school is now run by her two daughters, Audrey Fowler and
Nancy Pack. There are two additional locations. One located in Keller,
run by Marsha Wesley. One located in Aledo, run by Diane Taylor.
The Reading Friends Difference
Reading Friends has the right curriculum, the right commitment, and is the right place. Let us focus on your child.
The Reading Friends preschool is dedicated to providing the young child a foundation for educational excellence.
The secret to a well-rounded child is a well-rounded approach to teaching
Curriculum
We employ Multi-sensory teaching techniques involving the total child.
Our Phonics Advantage curriculum is a language-based program that is the heart of our proprietary curricula.
Children receive structured academic experiences that produce a firm foundation in reading, math, social studies, and science.
Social
The
Reading Friends program is designed to provide successful opportunities for all students. Children have daily outside free play and snack where they experiment with social interaction and cooperation.