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Below is an in-depth analysis and side-by-side comparison of Wee Watch vs Lightbridge Academy including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $38,900 - $54,200 | $549,228 - $5,054,735 |
Franchise Fee | $20,000 | $40,000 |
Royalty Fee | - | 7% |
Advertising Fee | - | 2% |
Year Founded | - | 1997 |
Year Franchised | - | 2011 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/Yes |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | -/Yes |
Inventory | -/- | -/Yes |
Receivables | -/- | -/Yes |
Payroll | -/- | -/Yes |
Training & Support |
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Training | - | On-The-Job Training: 28 hours Classroom Training: 128 hours Additional Training: Ongoing |
Support | - | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | - | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations | - | Absentee Ownership Allowed Number of Employees Required to Run: 32 |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | - | - |
International Expansion | - | - |
Wee Watch is a professional child care organization since 1984, of providing expert quality home child care across Ontario. Over the years we have cared for thousands of children from infants to 12 years of age. We strictly comply with or exceed provincial licensing regulations in accordance with the Ministry of Education, Child Care and Early Years Act. We know about providing the best child care in a home environment.