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Below is an in-depth analysis and side-by-side comparison of Little Scientists vs STEM for Kids 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 | $49,500 - $83,650 |
Franchise Fee | $20,000 | $39,500 |
Royalty Fee | 6%/$250/Mo. | 7+% |
Advertising Fee | 1% | 2% |
Year Founded | 1993 | 2011 |
Year Franchised | 1996 | 2014 |
Term Of Agreement | 10 years +10 | - |
Term Of Agreement | 10 years +10 | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | -Are you genuinely interested in STEM? -Do you understand the role STEM plays in today’s economy and society? -Are you active in your community and hungry to make a positive impact in young minds? -Are you self-directed, self-motivated and able to juggle through multiple priorities? -Do you have a strong desire to learn, grow and have fun in the process? |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | Yes/- |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | 1. HQ 1 Week 2. HQ 2 Times/Year 3. On Site 2-4 Times/Year | On-The-Job Training: 4 hours Classroom Training: 28 hours Additional Training: Virtual training |
Support | Central Data Processing Central Purchasing Field Operation Evaluation Field Training Franchisee Newsletter Central Data Processing Regional or National Meetings 800 Telephone Hotline | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform |
Marketing | - | Ad Templates Social media SEO Website development Email marketing |
Operations | Average Number of Employees: 2 Full-time, 6-10 Part-time Passive Ownership: Allowed, But Discouraged | Number of Employees Required to Run: 1 |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | Yes | Yes |
The Little Scientists "hands-on" approach to teaching and learning was created to achieve two goals: to instill in children a passion for the exciting world of science and to help children develop specific scientific skills that will enable them to enjoy a lifetime of learning. We now have over 200 "hands-on" science lessons in subjects such as: Why is the Sky Blue, Magical Magnets, the Science of Flying, Chemistry, Electromagnetism -- and we are continuing to develop new lessons.
STEM for Kids® provides educational enrichment in Robotics, Engineering and Computer Programming for children ages 4 - 14 through camps, afterschool programs, in-school field trips, workshops in schools and outside community spaces.