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Updated RecentlyHooray for Books vs EuroKids Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Hooray for Books vs EuroKids 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 - $100,000 | $103,000 - $206,000 |
| Franchise Fee | N/A | N/A |
| Royalty Fee | - | - |
| Advertising Fee | - | - |
| Year Founded | - | - |
| Year Franchised | - | - |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | A teaching degree is not required, although it is welcomed. Our educational expert has created top-notch lessons that any smart cookie can teach. We do however, require you to have a passion for education, reading, baking, washing dishes, and of course, children! | * Enjoy working with young children. * An entrepreneurial spirit and strong desire to succeed * The ability to manage finances * A willingness to personally devote full time and best efforts to the day-to-day operation of the EuroKids Pre School * A willingness to complete a comprehensive training program and become proficient in all aspects of operating a EuroKids Pre School. * Financial resources * Committed to the cause of providing good quality education to young children. |
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 | There is a comprehensive 5 day training program at our headquarters. As part of your franchise fee you and one other person will receive complete training on all aspects of running a successful Hooray for Books franchise. | EuroKids India trains qualifying Franchisees in the EuroKids curriculum and delivery method, as well as business strategies for owning and operating a successful EuroKids franchise. In addition to this franchisees also take part in our continuing skill enhancement programs. |
| Support | When you succeed, so do we. We will offer ongoing support to ensure your success from marketing and advertising to new trainings. | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Hooray for Books
If you want to find something you are passionate about, something more than just a job, then Hooray for Books may be right for you! One of the best benefits of owning a HFB franchise is that you make your own schedule. With the flexibility to map out class times that work for you, and the ability to hire a teacher so you can focus on the operations side, HFB truly is a great business opportunity for anyone with a family. Not Your Average Franchise -Many people dream of being an entrepreneur, but moms have the time demands that can make it tricky to start from scratch. Don't let the term franchise mislead you! An HFB franchise promotes a happy life/work balance, a flexible schedule and our strategies increase employee loyalty and productivity because a mom of five invented them! We sell enthusiasm and genuinely love what we do. Can you say that if you are selling carpet cleaner or doo-dads all day? Are you motivated to build your own successful business? We have the recipe for success. All you need is the drive to succeed, a passion for teaching children, and a love for reading. Along with onsite training you will get the lesson plans, direction, mentoring and all the steps needed to make your business take off (no teaching degree required!) We offer the general blueprint for your success! happy Are you a former or current teacher? Perhaps you love children, but the public school doesn't seem like the right fit anymore. Hooray for Books allows you to be your own boss while reaping the benefits of teaching and enriching the lives of children. Since running a business is very different from teaching, some business experience is a plus (or find a business-minded friend and be co-owners!)
About EuroKids
To qualify to be a EuroKids franchisee you will need to possess a minimum area of 1500 sq feet (self owned or rented) in a quiet, tranquil and peaceful locality. The premises should be on the ground floor with an open outdoor area to match which will act as the outdoor play area. The premises should also have independent access, attached toilet facilities and should be well ventilated. Preference will be accorded to independent houses with above mentioned minimum facilities. The initial investment will be in the range of INR 5,00,000/- to INR 10,00,000/- The initial investment would be towards ambience and equipment costs and would include the start up franchisee. Please also note that the initial investment is dependent on the model of the Pre-School and could vary based on location and other factors. Selected franchisees will undergo an extensive training program on the business strategies for owning and operating a successful Pre-School. In addition to these franchisees and their staff members will receive initial and continuous training for the EuroKids curriculum and the delivery method. But the fundamental requirement to be a EuroKids franchisee is the commitment to help carry forward our ambition of making learning a fun experience for kids. So if you love working with children EuroKids is the best opportunity you could ask for!