|
Below is an in-depth analysis and side-by-side comparison of LearningRx vs Sew Fun Studios including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $90,000 - $149,000 | $32,425 - $49,875 |
Franchise Fee | $25,000 | $22,500 |
Royalty Fee | 7% -8% | - |
Advertising Fee | 3% | - |
Year Founded | 1986 | - |
Year Franchised | 2003 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $5K | - |
Business Experience Requirements |
||
Experience | - | Willing to follow a proven system and committed to excellence, consistency, and constant, positive communication with his/her students and community. |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
Training | As a brain training company, we value initial and ongoing training very highly. Our training includes a 2-day job shadowing with one of our franchisees prior to our 10-day training in Colorado Springs, CO. The 10-day franchise training covers our over 200 proprietary training procedures, marketing, public relations, business operations, networking, testing, administration, hiring, and much more. Our brain trainers are trained on-site by the franchisee, using over 40 hours of online material as well as 20-30 hours of in-person training and observation. We also offer ongoing training and support via our Helpdesk (phone and email support) and quarterly calls with our support team. | Complete training program including marketing, operations, accounting and technology training. |
Support | We know that the success of our franchisees is our success. Valuable support is a top priority for us, and we strive to help our franchisees however possible. Our support team is led by a former franchisee and LearningRx parent, who understands the day-to- day running of a center firsthand. We also have a marketing and business coach, who will help our first-year franchisees create and implement their 12-month business plan and offer ongoing support of business operations. The support team also runs the helpdesk, which is available by phone and email and boasts a very fast turnaround. We provide a franchise operations system designed to support all of your business needs from site selection and build out to launch marketing and sales prospecting. We are continually introducing new Brain Balance programs, products and services to increase your sales opportunities. Through national media exposure, training and consulting by program creator and co-founder, Dr. Robert Melillo renowned researcher, lecturer and author of several best sellers including, Disconnected Kids, Reconnected Kids and his latest book, Autism | - |
Marketing | We offer new materials on a regular basis across multiple platforms: social media, print, TV, radio, PPC, SEO, etc. You can also join a voluntary marketing co-op where applicable. *National PR exposure *Exposure Across the Digital Landscape *Web-based Requisition System for Customized Marketing Materials *Local Marketing Guidance | Proven marketing package specifically for your territory, as well as production and strategic assistance with your on-going local marketing efforts. All artwork, templates, ad layouts, etc. and a specific marketing plan are provided. |
Operations | 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 3 Absentee ownership of franchise is allowed. (67% of current franchisees are owner/operators) | You are required to commit no less than 30 hours per week to your SEW FUN STUDIOS� business. However, if you do not have the flexibility to run classes, in-school field trips, camps and birthday parties, then you will have to hire a manager who must attend our training week in St. Augustine, FL. |
Expansion Plans |
||
US Expansion | Yes | - |
Canada Expansion | Yes | - |
International Expansion | No | - |
SEW FUN STUDIOS teaches sewing + design principles through classes, camps & parties. Our goal is to celebrate sewing as a contemporary, relevant and creative activity for kids of all ages. With our innovative project-based curriculum we hope to inspire young people to discover the joy of sewing as a lifelong skill and ongoing creative expression.
Sew Fun Studios is the latest franchise addition to the Creative Learning family and is committed to enriching children’s lives by teaching sewing + design principles through classes, camps and parties.