Hooray for Books vs LeafSpring School Franchise Comparison

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

Start-Up Costs and Fees
	Hooray for Books Franchise	LeafSpring School Franchise
Investment	$35,000 - $100,000	$3,546,150 - $6,473,700
Franchise Fee	N/A	$87,500
Royalty Fee	-	6%
Advertising Fee	-	-
Year Founded	-	1988
Year Franchised	-	2018
Term Of Agreement	10 years	-
Term Of Agreement	10 years	-
Renewal Fee	-	-
Business Experience Requirements
	Hooray for Books Franchise	LeafSpring 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	LeafSpring School Franchise
	In-House/3rd Party	In-House/3rd Party
Franchise Fees	-/-	-/Yes
Start-up Costs	-/-	-/Yes
Equipment	-/-	-/Yes
Inventory	-/-	-/Yes
Receivables	-/-	-/-
Payroll	-/-	-/-
Training & Support
	Hooray for Books Franchise	LeafSpring 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: 20 hours Classroom Training: 60 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 Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform
Marketing	-	Ad Templates National Media Social media SEO Website development Email marketing
Operations	-	Number of Employees Required to Run: 65
Expansion Plans
	Hooray for Books Franchise	LeafSpring 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 LeafSpring School

WHAT’S IN A NAME?

A lot, it turns out. Especially when a company has spent decades building trust, creating value, and forging meaningful relationships in the community it serves. And yet, our name was chosen back in 1989, when Rainbow Station was nothing more than a seed of potential. A possibility. Now, many years and many schools later, Rainbow Station’s strong foundation has supported the growth and expansion of our Richmond, Virginia company into an international leadership preschool, with facilities located across the U.S. and overseas.

WHY THE NAME CHANGE?

As we’ve expanded, countless schools in the early childhood education industry have begun using the name “Rainbow.” Our mission, our values and our curriculum have set us apart from these other schools for decades, but the name Rainbow Station is not the differentiator it once was. As attached as we are to our name, it was time to change. In January 2018, Rainbow Station began changing its name to LeafSpring School

WHY LEAFSPRING?

In a nod to the train imagery that was the foundation for our brand, a leaf spring helps stabilize a train’s engine as it moves along the tracks. It is our mission to ensure that our schools continue to be that same stabilizing force in the life of every child that walks through our doors. Our new LeafSpring School logo was designed to embody the enthusiasm, energy, and creativity that makes our schools unique.

WHERE DO WE GO FROM HERE?

At LeafSpring School, we recognize the importance of giving our students roots, while at the same time providing them with the springboard they need to reach their own individual potential in the world. Thank you, as always, for trusting us with your most precious gifts. We are so excited to see what grows from here. Come join us and ride the train to success.

Veteran Incentives  25% off franchise fee