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Updated RecentlyHooray for Books vs Best in Class Education Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Hooray for Books vs Best in Class Education 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 | $62,800 - $121,880 |
| Franchise Fee | N/A | $32,000 - $35,000 |
| Royalty Fee | - | 12% |
| Advertising Fee | - | 2% |
| Year Founded | - | 1988 |
| Year Franchised | - | 2011 |
| Term Of Agreement | 10 years | 5 years +5+5+5 |
| Term Of Agreement | 10 years | 5 years +5+5+5 |
| 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! | You do not necessarily need to be a teacher or hold a current teaching certificate to join the Best in Class franchise system. We do look for franchise owners who have Bachelor's Degrees or higher, and some experience in working with children. Franchisees should also have a passion for teaching or working with students, plus the right business/customer relations skills, and a solid work ethic. We also want franchise owners who will be dedicated to the operations and growth of their Best in Class Education Centers. |
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 | -/- | -/Yes |
| Payroll | -/- | -/Yes |
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. | We will provide pre-opening training for franchisees for up to five days at our corporate headquarters, plus up to three days of onsite support during your initial months of operations. On-The-Job Training: 30 hours Classroom Training: 40 hours |
| Support | When you succeed, so do we. We will offer ongoing support to ensure your success from marketing and advertising to new trainings. | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software |
| Marketing | - | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
| Operations | - | The Best in Class Education concept focuses on students of all ages, offering tailored teaching material that encourages them to learn at their own pace. By offering numerous courses, our franchisees benefit from multiple revenue streams. |
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 Best in Class Education
Best in Class provides tailored lessons to help students build confidence and mastery in their academic work.
Our programs develop concept acquisition, critical thinking, and application of skills. Our math and English curricula follow Common Core Standards, helping prepare students for academic and standardized tests as well as everyday challenges.
We motivate and encourage students to learn the principles of mathematics and English in a rewarding way. Our teachers monitor student progress on homework and tests to ensure that they are on track and receiving the help they need.
At Best in Class, your children will gain a sense of confidence in and excitement for learning.
If you have a passion for education and a real desire to invest in your future -- and the future of young students in your local area -- a Best in Class Education Center may be the key to opening the doors to the future. For more information on the many benefits of the Best in Class franchise program, for franchise owners and their communities, contact us at [email protected] or 425.880.2688.Seeking new franchise units throughout the U.S., Canada and Central America