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Below is an in-depth analysis and side-by-side comparison of Little People's Creative Workshop vs Idea Lab 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 | $30,000 - $35,000 | $60,200 - $281,000 |
Franchise Fee | N/A | $35,500 |
Royalty Fee | - | 11%-9% |
Advertising Fee | - | 1% |
Year Founded | 1991 | 1990 |
Year Franchised | 0 | 2016 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | organizational, administrative, and computer skills. In addition, you should have a solid understanding of public relations and marketing. Have a heart for children, possess an energetic nature, and be people-oriented and outgoing. A dance background and experience, including small business ownership in dance or education, will be considered pluses but are not required. | Skills and abilities that we look for in a successful Idea Lab Kids® business owner. Are you genuinely interested in S.T.E.A.M? Do you understand the role S.T.E.A.M 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 | -/- | -/Yes |
Inventory | -/- | -/Yes |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | On-The-Job Training: 50 hours Classroom Training: 30 hours |
Support | - | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
Marketing | - | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations | - | Our franchisee business partners will have the option of taking an active role in the business as the full-time General Manager or choose to hire a full-time Program Coordinator and serve as a consultant. Physical location is not required until 12-18 months in order to allow sufficient ramp up. |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | Yes |
A Franchise that Celebrates Children and the Arts! Own A Business With Heart Filling the Gap Early exposure to dance and theatre can have lasting benefits, including acquiring social and physical skills that will help childrenDancing girl with umbrella throughout their lives. Yet, dance professional Daune Pitman noticed two disturbing trends in dance classes for young children: either the little ones were being taught strict ballet, which was beyond their physical capabilities, or the classes were treated as playtime. Seeking to establish a meaningful program, Daune developed Little People's Creative Workshop (LPCW). LPCW classes are age-appropriate and taught by trained professionals. They are largely held in daycare centers and preschools, which puts them within reach of children who may not otherwise be able to take them. Established in 1991, Little People's Creative Workshop is now the largest organization teaching dance to children in the U.S. We're augmenting our steady growth with expansion, via franchising. Our turnkey franchise program provides all you need to establish and grow a home-based business with multiple growth avenues!