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Updated RecentlyMind Lab vs Thinkertots Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Mind Lab vs Thinkertots including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $35,000 - $60,000 | $83,100 - $124,100 |
| Franchise Fee | N/A | $35,000 |
| Royalty Fee | - | 7% |
| Advertising Fee | - | - |
| Year Founded | 1994 | 1998 |
| Year Franchised | 1994 | 2005 |
| Term Of Agreement | - | 5 years |
| Term Of Agreement | - | 5 years |
| 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 | -/- | No/Yes |
| Start-up Costs | -/- | No/Yes |
| Equipment | -/- | No/Yes |
| Inventory | -/- | No/Yes |
| Receivables | -/- | No/Yes |
| Payroll | -/- | No/Yes |
Training & Support |
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| Training | - | * Available at headquarters: 2 weeks * At franchisee's location: 4 days |
| Support | - | - |
| Marketing | - | - |
| Operations | - | * 0% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 3 - 3 * Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Mind Lab
As instructors Mind Lab have to get ready and instruct understudies to be adaptable, to be versatile and to be in fact gifted for a world that is progressively computerized, worldwide and particular. A profound comprehension of community oriented situations, extend based work streams, plan considering, social mindfulness and worldwide connectedness will arm understudies for the world ahead.
As an educator Mind Lab need our understudies to make basic and important associations with new information, new ideas and new thoughts. Contemporary instructing progressively permits understudies' to investigate gaining from their very own point of view, conveying their reality to the learning environment and their experience to the learning procedure.
At last to encourage change and to enact advance requires educators and understudies to take in the apparatuses, pick up the information and to be given the ability to be strong, imaginative, inquisitive and adaptable.
Mind Lab start with preparing at our home office or, in the event that you incline toward, at your area. You will get the whole educational programs, programming, recreations and other instructive extras that involve the Mind Lab Method. You will likewise get our Marketing, Training and Operations Know-How. At that point, as your business develops, we will bolster you with extra preparing and counsel at all times. We welcome you to go along with us at the International Mind Lab Group. As an individual from the Mind Lab Family, you will help kids prevail in their reviews and their lives and, in the meantime, fabricate your own particular effective business!
About Thinkertots
The Thinkertots method is founded on the belief that the key ingredients to future school success are: 1. A love of learning. 2. An ability to concentrate and focus. 3. An ability to follow directions. 4. Enjoyment of books and reading. 5. Getting along with others. Your child works on these important goals in every class he/she takes! The latest educational materials and methods help your child progress and master new challenges. You child will love our staff and unique approach and so will you. Make Thinkertots home for all of your child's early educational needs! Thinkertots has been featured by Fox News Channel's Fox and Friends, The New York Daily News, Long Island Newsday, and other media.
Do you think a Thinkertots Preschool Education Franchise might be for you?