Hooray for Books vs Little Medical School Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Hooray for Books vs Little Medical School including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Hooray for Books Franchise
Little Medical School Franchise
Investment $35,000 - $100,000$28,800 - $58,200
Franchise Fee N/A$11,500 - $24,500
Royalty Fee -8%+
Advertising Fee -$95/mo.
Year Founded -2010
Year Franchised -2014
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements

 
Hooray for Books Franchise
Little Medical School Franchise
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

 
Hooray for Books Franchise
Little Medical School Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Hooray for Books Franchise
Little Medical School Franchise
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. On-The-Job Training: 8 hours Classroom Training: 36 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 Franchisee Intranet Platform
Marketing -Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations -Number of Employees Required to Run: 1

Expansion Plans

 
Hooray for Books Franchise
Little Medical School Franchise
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! 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 Little Medical School

Little Medical Schooll® brings medicine, science, and the importance of health to children in an entertaining, exciting, and fun way.
Our educational enrichment programs provide a fun, innovative, and engaging curriculum. We create an opportunity to experience role playing using tools that real doctors use, and learn how the body works. By participating in these role-playing experiences, Little Medical School is inspiring tomorrow’s doctors today!
We offer after school programming, birthday parties, and special events that we can customize to fit your needs.
All of our curriculum is aligned with STEM objectives.
You do NOT need to have a medical background, teaching background or even a background in owning and running a business. We will provide you with our incredible curriculum and all the necessary training and tools to operate your business.

Little Medical School is a mobile business you can operate out of your home. We focus on allowing our franchisee to keep their overhead low while growing a thriving, rewarding business.

The Initial Franchise Fee for a Standard Model is $24,500. The Initial Franchise Fee for a Mini-Model is $11,500. The initial investment necessary to begin operation of a Little Medical School® Standard Model franchise ranges from $41,800 to $58,200. This includes $24,500 that must be paid to the Franchisor or its affiliate(s) and $13,100 for the Initial Curriculum.
The initial investment necessary to begin operation of a Little Medical School® Mini-Model ranges from $28,800 to $45,200. This includes $11,500 that must be paid to the Franchisor or its affiliate(s) and $13,100 for the Initial Curriculum.
Veteran Incentives  10% off franchise fee