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Updated RecentlyKLA Schools vs I Know Science STEM Center & Toy Store Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of KLA Schools vs I Know Science STEM Center & Toy Store including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $1,121,000 - $5,954,750 | $121,000 - $204,500 |
| Franchise Fee | $78,500 | $60,000 |
| Royalty Fee | 6% | 6% |
| Advertising Fee | 1.5% | - |
| Year Founded | - | - |
| Year Franchised | - | - |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | KLA provides more than four weeks of in-depth, hands-on classroom and onsite training prior to your school opening that will give you insight into the day-to-day experiences and requirements entailed in running your KLA franchise. A few topics covered during your initial training will be: * KLA Education Philosophy and Programs * Establishing and Operating the Business * School Setup * School Operations Overview * Daily Journals and Documentation * Recommended Equipment, Supplies and Furnishings | - |
| Support | The support services from KLA Schools� have been designed to assist each franchisee to quickly establish and assume operations of their school location and to provide the necessary tools to succeed as a KLA franchisee. Expand Contract Personnel Support Recruiting secure and knowledgeable personnel for your KLA childcare franchise is critical. We will educate you and ensure you are ready to hire the right individuals to support the success of your school. Employment Support includes: * Recruitment and Candidate Selection Process Overview * Orientation and Training of Personnel * Suggested Team Building Activities * Establishment of Personnel Policies * Evaluation of Employees * Ongoing Professional Development Expand Contract Real Estate and Design Support KLA Schools will identify the best preschool franchise site for you and will provide you with a Site Location Analysis to review. You also have the option of being delivered a turnkey educational center to start of your new venture. Real Estate and Design support includes: * Demographic Analysis * Site Selection * Lease Negotiations * School Design * Site Development * Sample Building Plans * Turnkey Solution/Center Development Agreement Expand Contract Marketing and Advertising Support As a KLA Schools franchisee, you benefit from marketing expertise that includes proven marketing plans and materials for use in your area. We will help you to locate appropriate public relations support to provide proper media exposure. We will also continue to explore and utilize new marketing technicques as ways to reach, educate and retain customers. Marketing and Advertising support includes: * Grand Opening Planning and Support * Planning for Pre-Opening Marketing Efforts * Website Solutions and Strategies (SEO, SEM, PPC) * Inquiry and Enrollment Process * Ongoing Local Advertising Support * Encouraging Community Involvement * Open House Planning | Our support system is consistent throughout the lifetime of our partnership and we assist you every step of the way. If becoming a business owner is appealing to you and you have a passion for being part of an industry that makes a fantastic, long-lasting, and positive impact in the community, then owning your own I Know Science™ STEM Center & Toy Store would be one of the most rewarding experiences in your lifetime. |
| Marketing | * Grand Opening Planning and Support * Planning for Pre-Opening Marketing Efforts * Website Solutions and Strategies (SEO, SEM, PPC) * Inquiry and Enrollment Process * Ongoing Local Advertising Support * Encouraging Community Involvement * Open House Planning | - |
| Operations | - | IKS has developed a simple and straightforward approach to an edutainment business that is easy to learn and execute. You will leave training with the right tools, knowledge, support, attitude and confidence needed to start and grow your own successful edutainment business through the I Know Science brand. Territories will be based on a population no less than 75,000 with a specific market as well as a geographical radius. Other factors that are considered are, number of homes in the area, median household income, existence of competition, rent, and more. We will support you in finding the right location. I Know Science™ exclusive territories are one of the key benefits we offer and are only available to you as an early franchisee. Certain territories can offer a competitive advantage in the sales/marketing environment. Please contact us to discuss available territories and or your preferred territory. |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | Yes |
Company Overviews
About KLA Schools
KLA Schools is an upscale childcare and preschool franchise center, serving children from three months of age through age six. The KLA Schools concept is inspired by cutting-edge educational philosophies including the Reggio Emilia Approach. KLA Schools is building a world-class franchise organization that sets new standards for excellence within the children's educational services industry.
If you are an enthusiastic individual and wish to become part of an educational franchise that is rewarding and makes a difference, we would like to hear from you.
Veteran Incentives 10% off franchisee fee
#342 in Franchise 500 for 2021. Not in Franchise 500 for 2020.
About I Know Science STEM Center & Toy Store
I Know Science™ STEM Center & Toy Store cleverly combines STEM education
and entertainment. The IKS business model is innovative and leading-edge in its products and services, unique in its delivery, and profitable in the rapidly growing edutainment industry. Edutainment is the trailblazing way for
recreational activities for children in the 21st century.
Parents clearly see the lasting value of investing in their kids by purchasing educational STEM toys or signing up for a STEM program. Furthermore, they enjoy the practicality of
finding many quality services from one business, which they can trust, granting
them a simple way to plan their kids’ activities and events.
Children that join any of the services and/or purchase our products walk away having had an enriching experience unlike any other, one they’ll remember for years to come. The IKS
impact is exceptionally positive to their development and self-esteem. Hence,
IKS STEM Center and Toy Stores are becoming one of the most welcomed, loved,
and desired businesses in communities.