|
Below is an in-depth analysis and side-by-side comparison of GiggleBytes vs Lightbridge Academy including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $15,000 - And Up | $549,228 - $5,054,735 |
Franchise Fee | $15,000 | $40,000 |
Royalty Fee | 7-8% | 7% |
Advertising Fee | - | 2% |
Year Founded | - | 1997 |
Year Franchised | - | 2011 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
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 |
||
Training | - | On-The-Job Training: 28 hours Classroom Training: 128 hours Additional Training: Ongoing |
Support | - | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | - | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations | - | Absentee Ownership Allowed Number of Employees Required to Run: 32 |
Expansion Plans |
||
US Expansion | - | - |
Canada Expansion | - | - |
International Expansion | - | - |
Do you enjoy working with children in a small group environment? Do you believe that technology offers tremendous opportunities for learning? Do you have a basic knowledge of computers and technology? If so, then GiggleBytes may be the program for you.GiggleBytes classes are offered in daycare centers, preschools, and private schools. After school, weekend and day camp programs for older children allow for flexible hours and income streams.GiggleBytes introduces preschool children to the wonderful world of technology, but GiggleBytes is more than just computers! Teachers implement our proprietary curriculum and work with each child to help him/her develop important academic skills including; letter and number recognition, shapes and colors, pre reading skills, phonics, spatial relations, auditory and visual discrimination, and much more! Exciting STEM (science, technology, engineering, and math) camps and classes for school age kids expand the GiggleBytes curriculum