|
Below is an in-depth analysis and side-by-side comparison of PC Kidz vs TutorBright including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $19,800 - $91,300 | $30,000 - $47,500 |
Franchise Fee | $9,500 - $45,000 | $25,000 - $40,000 |
Royalty Fee | 7% | 7% |
Advertising Fee | - | 2% |
Year Founded | 2001 | - |
Year Franchised | 2005 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | We are looking for people who are interested in bettering the lives of children and adding value to their community. Individuals who want to be part of a feel-good business and have the drive to make it successful are great candidates for the TutorBright franchise system. | |
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 | - | Training takes place at our corporate headquarters in Toronto, Canada. The training sessions will provide you with in-depth knowledge on how to market TutorBright. Not only will we show you how to create your marketing plan, but we will also teach you how to present TutorBright to parents. Additionally, we will provide you with ongoing training through conference calls, seminars, and internet forums. Our goal is to make you a successful franchisee. That is why our training is comprehensive and ongoing. |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
Marketing | Co-op advertising, Ad slicks, Regional advertising | - |
Operations |
Franchise can be run from home.
Number of employees needed to run franchised unit: 1 - 30
Absentee ownership of franchise is NOT allowed. | - |
Expansion Plans |
||
US Expansion | Yes | - |
Canada Expansion | No | Yes |
International Expansion | Yes | - |
The brainchild of Steve and Tammy Perry, PC Kidz was formed in 2001 after Tammy, a former elementary school teacher, noticed a void in basic computer skills with her students. In 2003 the PC Kidz program was offered in over 150 educational child care centers within the eight company owned and seven franchised territories in Texas, North Carolina and Nebraska.
TutorBright is the most innovative tutoring service available. Here's how it works: Step 1: Each new student goes through a diagnostic assessment that pinpoints his or her specific academic strengths and weaknesses. Step 2: The student is then given an academic program tailored to his or her specific needs based on the results of the assessment. Step 3: A tutor works through the program with the student in the comfort of their home, helping them overcome their academic skill gaps. Because of our individualized approach, we have helped students reach academic heights they never thought were possible. The gratitude we receive from both parents and students make this a very rewarding experience! How will we help you succeed?TutorBright provides all franchisees with in-depth training and a simple step-by-step formula that works. With over 15 years of experience, we understand this industry very well and are ready to teach you what we know. No previous experience is necessary. We show you how to: *Gain long term clients *Attract corporate partners *Select qualified tutors *Manage the Tutor Bright franchise. At Tutor Bright, we will provide you with the advice and guidance necessary to help make you a successful franchisee. Your success is our success, and together we can raise the grades, confidence and self-esteem of our students.