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Below is an in-depth analysis and side-by-side comparison of Kids Incorporated 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 | $3,400,000 - $4,200,000 | $49,500 - $83,650 |
Franchise Fee | $55,000 | $39,500 |
Royalty Fee | 8% | 7+% |
Advertising Fee | 2% | 2% |
Year Founded | - | 2011 |
Year Franchised | - | 2014 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
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 | Training will be provided at the franchise owner's facility and will last for a minimum of one week. Because every member of the franchise network represents every Kids Incorporated center, the quality of our training is critical. Which is why, wherever possible, I like it to be delivered by my core team. Of course we continue to train and support our franchise owners in an on-going fashion. | On-The-Job Training: 4 hours Classroom Training: 28 hours Additional Training: Virtual training |
Support | 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 | - | Number of Employees Required to Run: 1 |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | Yes |
Kids Incorporated Franchising is an excellent opportunity for you to own your own business in an industry that not only has strong customer demand and high growth potential but is also rewarding. We provide quality childcare for children 6 weeks to school age. Our centers are designed to be a fun place to learn in an exciting and adventurous atmosphere. We have created our own curriculum based activities that positively influence each child's developmental process. Our franchisees may choose out Undersea Adventure or Fantasy Jungle theme design for their center.
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.