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Below is an in-depth analysis and side-by-side comparison of Little Amigos vs MakerKids including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $15,000 - And Up | $152,750 - $399,000 |
Franchise Fee | $15,000 | $30,000 |
Royalty Fee | 7-8% | 8% |
Advertising Fee | - | 3% |
Year Founded | - | 2013 |
Year Franchised | - | 2018 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - Passion for working with kids - Thirst for knowledge - Glass half full mindset (60% optimist, 40% realist) - An Excellent Credit History - Leadership Skills - A Desire to Succeed - A Desire to Make A Difference - No past bankruptcies - No past criminal record - Willing to get out there and make sales - Persistence - Desire to listen, share and be compliant - Being happy is more important to you than being right - Customer-oriented Wait, I don’t know how to teach STEM! - Don’t worry. If you don’t have a teaching background, you can still excel as a MakerKids franchisee. In fact, the backgrounds of our ideal franchisees vary greatly – from engineers and accountants to teachers and homemakers, and everything in between. MakerKids franchise training was designed to level the playing field. We teach you all that you need to know about running a business that deals with STEM instruction. |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | - Five (5) days Training in Toronto, Canada - Five (5) days On-Site Training - Education/Curriculum: MakerKids® Lesson Plans Options for additional training*: - Internal Training with support and guidance from MK Training Team via Teleconferences, GoTo Meeting and Webinars - Additional Training available at MK HQ in Toronto, Canada - Additional On-Site Training available *Please inquire about additional training. |
Support | - | - Advertising and Marketing: Initial supply of Presentation materials and Templates. - Usage of proprietary Operations Manual - Use of MakerKids® Name, Logo and Trademarks - Annual training and workshop - MakerKids new releases and new concepts |
Marketing | - | - Use of MakerKids® Name, Logo and Trademarks - Presentation Material & Templates |
Operations | - | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | Yes |
International Expansion | - | Yes |
Hola! Habla Espanol? Research has proven that the early years are the best years to learn language. From birth to age 7 children's brains are "wired" for language acquisition. You can help children unlock their language potential at an early age by bringing the Little Amigos franchise program to your community! Research shows children who learn a second language: *Demonstrate enhanced listening and memory skills *Are more creative and better at complex problem solving *Have an innate ability to acquire the rules of any language *Develop cross cultural skills and awareness *Demonstrate divergent and higher order thinking skills. Little Amigos Spanish is an amazing program that teaches Spanish to young children in a fun and interactive environment. Language instruction and age appropriate culture study activities make Little Amigos a rich learning experience. Classes are offered on site in daycare centers, preschools, private schools and after school programs. Day camps, Saturday Spanish, holiday camps and parties are also available. Teachers make learning Spanish fun for kids by implementing our unique curriculum to help kids laugh, sing, dance, and play their way to speaking Spanish!