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Below is an in-depth analysis and side-by-side comparison of Smart Brain America vs MakerKids including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $60,200 - $163,700 | $152,750 - $399,000 |
Franchise Fee | $25,000 | $30,000 |
Royalty Fee | $12-20/student/month | 8% |
Advertising Fee | - | 3% |
Year Founded | 2003 | 2013 |
Year Franchised | 2005 | 2018 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $3000 | - |
Business Experience Requirements |
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Experience | - | - Passion for working with kids - Thirst for knowledge - Glass half full mindset (60% optimist, 40% realist) - An Excellent Credit History - Leadership Skills - A Desire to Succeed - A Desire to Make A Difference - No past bankruptcies - No past criminal record - Willing to get out there and make sales - Persistence - Desire to listen, share and be compliant - Being happy is more important to you than being right - Customer-oriented Wait, I don’t know how to teach STEM! - Don’t worry. If you don’t have a teaching background, you can still excel as a MakerKids franchisee. In fact, the backgrounds of our ideal franchisees vary greatly – from engineers and accountants to teachers and homemakers, and everything in between. MakerKids franchise training was designed to level the playing field. We teach you all that you need to know about running a business that deals with STEM instruction. |
Financing Options |
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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 |
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Training | - | - Five (5) days Training in Toronto, Canada - Five (5) days On-Site Training - Education/Curriculum: MakerKids® Lesson Plans Options for additional training*: - Internal Training with support and guidance from MK Training Team via Teleconferences, GoTo Meeting and Webinars - Additional Training available at MK HQ in Toronto, Canada - Additional On-Site Training available *Please inquire about additional training. |
Support | - | - Advertising and Marketing: Initial supply of Presentation materials and Templates. - Usage of proprietary Operations Manual - Use of MakerKids® Name, Logo and Trademarks - Annual training and workshop - MakerKids new releases and new concepts |
Marketing | - | - Use of MakerKids® Name, Logo and Trademarks - Presentation Material & Templates |
Operations | - | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | Yes |
International Expansion | No | Yes |
Mental arithmetic in itself is a powerful educational tool by its own right. Smart Brain America has crafted a proprietary program that is light years beyond this basic concept by creating a children's educational program that is an All-Inclusive Right Brain Enhancement and Abacus Arithmetic course. It is designed to explode the full capabilities and strength of the right side and left side of the brain. It allows the children in such programs to be able to perform large and difficult calculations in the head without any help from the use of a computer or calculator.
For example, a child as young as even 9 years of age, who is in his or her Grand Level would be able to calculate a number as large as 739,241/329 all in the head, without any computers, calculators or even the Abacus! What's more incredible is that Grand Level children can accomplish this within ten seconds with near perfection each and every time at a pace equal to competition level!
Right side brain development will also lead to equally impressive results in: reading comprehension, reading accuracy, reading speed, memory recall and recall speed, and conceptualization.
Children utilize the Abacus, the ancient Chinese calculator, in a highly specialized manner to fire the synaptic pathways in the brain resulting in true, unparalleled brain development in kids.
Smart Brain America is a franchise company looking for new franchisees for prime locations of their choice.