Hooray for Books vs e² Young Engineers Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Hooray for Books vs e² Young Engineers including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$35,000 - $100,000 | $41,110 - $51,000 |
Franchise Fee |
N/A | $30,000 |
Royalty Fee |
- | $250 / 7% |
Advertising Fee |
- | 5% |
Year Founded |
- | 2008 |
Year Franchised |
- | 2011 |
Term Of Agreement |
10 years | - |
Term Of Agreement |
10 years | - |
Renewal Fee |
- | - |
Business Experience Requirements |
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! | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | -/- |
Start-up Costs |
-/- | -/- |
Equipment |
-/- | -/- |
Inventory |
-/- | -/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
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. | - |
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 |
US Expansion |
- | Yes |
Canada Expansion |
- | - |
International Expansion |
- | Yes |
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!
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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 e² Young Engineers
Build Your Tomorrow. Today!
Background: We are e² Young Engineers
Young Engineers enrichment programs combine education + entertainment = edutainment. We created a variety of different programs that can be used to teach science, technology, engineering, math (STEM). Children joining our educational community can learn and enjoy arithmetic, physics, and mechanical and software engineering.We have developed special programs and workshops suited for children at both ends of the learning spectrum, from gifted children to those with learning disabilities. We operate in schools, libraries, museums, community centers, to name a few. Statistical tests show a clear connection between participation in our e² Young Engineers programs and success at school and 21st century development of an arc of skills.
Franchise Opportunities
In 2011, CEO Amir was awarded by Prince Charles with the Youth Business International Entrepreneur of The Year honor, highlighting the impact e² Young Engineers has made on individual students and their communities.In an effort to provide children across the world the opportunity to benefit from the e² Young Engineers program, the company began franchising the business in 2012. e² Young Engineers has spread to 42 different countries throughout the globe.Today, e² Young Engineers is dedicated to sharing its unique method of edutainment across the globe. e² Young Engineers can offer you a model that can suit your capabilities and skills such as a Local or Master Franchise.
New Developments From e² BRIXO
There is ELECTRICITY in the air!
What is BRIXO?
e² Young Engineers and BRIXO teamed up to create BRIXO Education. These unique BRIXO bricks are patented. Basically, they're bricks that safely conduct electricity and can connect to your phone to enable you to go above and beyond with your models. They're used interchangeably with your favorite building blocks.
What Can I Do With it?
These bricks can be triggered by sound, light, touch. You can set your phone's alarm clock to only shut off when you build a pyramid. Or help your kid build a nightlight that turns on when he says "heebeejeebee". The possibilities are endless. Algobrix- Coding all the way to the futureBuild. Code. Play. Introducing Algobrix, an innovative new way kids and even grownups can learn the basics of coding. The best part… you don’t need a computer.
How does it work?
Build your robot. Code by placing function blocks in a sequence. Press Play to send the code via Bluetooth.
The robot will perform the code. It is the coolest way to code. This is a market changing product. Your kids can code even before they can read. Algobrix is the only building blocks that transform coding into playing while teaching your kid to think like a programmer.
Now on Indiegogo!
Key Benefits
- Working with a statistically-proven product
- Working with the only children's education company to have its own Research and Development team and its own APP
- Fast ROI
- Numerous options to diversify revenue stream
- Using innovative approaches that are being promoted by highly- regarded academic institutions
- Modest investment
- Flexible working hours
- Comprehensive training program for new franchisees
- Managerial, financial planning and logistical support
- Fast-growing industry
The Operating Model
This business provides education and tutoring services to children and families, utilizing proprietary curriculum focused around using LEGO® and K'nex® bricks, while instilling specific 21st century skills.Our field tested and proven programs demonstrate scientific principles in a fun and accessible fashion, combining experiments that form engineering intuition with stories that capture the children's imagination. Program delivery methods include cooperation with local community centers, schools, playgroups, various religious institutions, libraries, science museums, and any other center where children activities may occur.The franchisee will be operating an exclusive territory and will be provided the full support of e² Young Engineers management team and global network of support staff.
e² Young Engineers FRANCHISE OWNERSHIP GIVES YOU THE ADVANTAGE!
Easy to Operate
e² Young Engineers has developed a simple and straight-forward approach to an education business that is easy to learn. Our franchisees leave training with the tools, knowledge and confidence needed to start and grow a successful children's education business. Diversify your revenue by hosting birthday parties, workshops, summer camps, parents student day, and special events.Manageable Investment + Diverse Revenue Stream = Excellent Return on InvestmentTestimonials
"The
e² Young Engineers franchise program is worth it because it truly works. I firmly believe that the children across the globe need a program like this to help them understand important concepts in a fun way. I see positive changes first- hand with each child I work with and am very happy to have made this change in my career to become an
e² Young Engineers franchisee.” -Katerina Romanovskaia - Minsk, Belarus"
I was reaching the point where I wanted something different from my career and as soon as I heard about the
e² Young Engineers, I immediately fell in love with the concept. Working with children and helping to plant the seeds of science, technology, math and engineering in their minds is beyond satisfying.”- Guy Shaham- Oakland, Michigan
e² Young Engineers business opened a new chapter in my life. I wanted to open a business to give children a great experience to learn. For me, since signing up as the first UK franchisee in 2013, I have not looked back. I kept growing as well as learning. The best reward is to see the childrens face light up when they complete building their models and get to play with it. The sessions are always filled with children enjoying playing and working with others."- Smita Shah , Middlesex, United Kingdom
"Overall, owning my own
e² Young Engineers franchise has been a great experience. The children in these courses show so much potential, and they just need the right platform to succeed. You can see that the kids are really engaged in the lessons and it is a joy to watch their faces light up as they build. We’ve received a lot of great feedback from parents and teachers and demand is constantly growing.”- John Rodriguez- San Diego, California