Mind Lab vs Kidcreate Studio Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Mind Lab vs Kidcreate Studio including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Mind Lab Franchise
Kidcreate Studio Franchise
Investment $35,000 - $60,000$108,860 - $261,350
Franchise Fee N/A$45,000
Royalty Fee -8%
Advertising Fee -1%
Year Founded 19942007
Year Franchised 19942016
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Mind Lab Franchise
Kidcreate Studio Franchise
Experience --

Financing Options

 
Mind Lab Franchise
Kidcreate Studio Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/Yes
Start-up Costs -/--/Yes
Equipment -/--/Yes
Inventory -/--/Yes
Receivables -/--/Yes
Payroll -/--/Yes

Training & Support

 
Mind Lab Franchise
Kidcreate Studio Franchise
Training - On-The-Job Training: 73 hours Classroom Training: 38 hours Additional Training: As needed
Support -Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing - Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations - Number of Employees Required to Run: 4 - 12

Expansion Plans

 
Mind Lab Franchise
Kidcreate Studio Franchise
US Expansion -Yes
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 Kidcreate Studio

"KidcreateOwning a Kidcreate Studio franchise means enjoying many of the benefits of small business ownership, including leaving the corporate grind behind for a more flexible balance of work and home, taking control of your financial destiny and charting a path for your future, and creating a legacy that will serve your family and community for years to come.
Owning a Kidcreate Studio offers you the dual benefit of a deep sense of purpose and a financially-rewarding career.
Kidcreate offers a unique business model with the ability to bring our highly sought-after curriculum to child friendly businesses in the community with our mobile business, as well as the option to offer classes and camps in a beautiful brick & mortar studio location. If you prefer, you can start with the mobile business and add the studio on down the line!
Partner with community bodies united in the fight against the decline of art education, and you can become a well-respected voice of change as the face of their local Kidcreate Studio.
Kidcreate Studio is a one-of-a-kind experiential business that cannot be replicated by the online giants. Kidcreate Studio has thrived during the 2008/09 economic crisis and now COVID-19. You’ll sleep soundly knowing your new business is proven to be recession-resistant.
With the ability to open locations in as little as 60 days, you can grow your Kidcreate Studio empire to encompass the entire region with multiple units or stick to a single location in your neighborhood- as a Franchise Owner, it’s up to you!
With the On-The-Go model, you can start generating revenues from your business almost immediately. Ongoing overhead costs are kept extremely low for impressive profit margins. The ability to add a brick and mortar studio down the line creates additional revenue streams and cross marketing.
Veteran Incentives  10% off franchise fee