|
Below is an in-depth analysis and side-by-side comparison of Little Scientists vs MUSE Global including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $35,000 | $432,125 - $2,204,325 |
Franchise Fee | $20,000 | $50,000 |
Royalty Fee | 6%/$250/Mo. | 5% |
Advertising Fee | 1% | N/A |
Year Founded | 1993 | 2006 |
Year Franchised | 1996 | 2018 |
Term Of Agreement | 10 years +10 | - |
Term Of Agreement | 10 years +10 | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | Passionate about education and the environment, financially qualified and must meet state guidelines for early childhood. Director and staff must have teaching degrees and certifications. |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
||
Training | 1. HQ 1 Week 2. HQ 2 Times/Year 3. On Site 2-4 Times/Year | 2 weeks of classroom training in California, followed by field training, virtual/video training, and mentoring included to ensure success |
Support | Central Data Processing Central Purchasing Field Operation Evaluation Field Training Franchisee Newsletter Central Data Processing Regional or National Meetings 800 Telephone Hotline | Mentoring |
Marketing | - | - |
Operations | Average Number of Employees: 2 Full-time, 6-10 Part-time Passive Ownership: Allowed, But Discouraged | Franchisee can be semi-absentee/absentee after doors open, unless they also serve as Director of School. M-F 8:30-3:30 typical school hours. |
Expansion Plans |
||
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.