Reading Friends Franchise Company vs KnowledgePoints Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Reading Friends Franchise Company vs KnowledgePoints including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Reading Friends Franchise Company Franchise
KnowledgePoints Franchise
Investment $110,950 - $297,500$50,000 - $174,500
Franchise Fee $35,000$50,000 - $60,000
Royalty Fee 5.5%-
Advertising Fee --
Year Founded 19801999
Year Franchised 20022000
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee --


Business Experience Requirements
 
Reading Friends Franchise Company Franchise
KnowledgePoints Franchise
Experience --

Financing Options
 
Reading Friends Franchise Company Franchise
KnowledgePoints Franchise
  In-House/3rd PartyIn-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
 
Reading Friends Franchise Company Franchise
KnowledgePoints Franchise
Training --
Support Grand opening, Field operations/evaluations-
Marketing Co-op advertising, Ad slicks-
Operations 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
 
Reading Friends Franchise Company Franchise
KnowledgePoints Franchise
US Expansion Yes-
Canada Expansion No-
International Expansion No-

Company Overviews

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.

About KnowledgePoints

KnowledgePoints Learning Centers provide a personal approach to basic skills tutoring. With proven results and a guarantee of success, our customized tutoring programs in reading, writing, math and study skills help ensure students at our tutoring centers reach their academic goals. All KnowledgePoints Learning Centers are run by Center Directors who complete an intense 12 week training program before being certified as a KnowledgePoints Director of Learning. Our learning centers serve students in grades Pre-K-12 who are struggling, have fallen behind or who need additional challenge. Our tutoring program consists of a diagnostic skills assessment, individualized tutoring instruction, and an effective motivational system that builds students’ skills and helps them gain the desire and confidence to succeed at the learning center, in school and in life!