| ||||
Updated RecentlyGreat Minds Tutoring vs STEM for Kids Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Great Minds Tutoring vs STEM for Kids including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $15,000 - And Up | $49,500 - $83,650 |
| Franchise Fee | $15,000 | $39,500 |
| Royalty Fee | 7-8% | 7+% |
| Advertising Fee | - | 2% |
| Year Founded | - | 2011 |
| Year Franchised | - | 2014 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | -Are you genuinely interested in STEM? -Do you understand the role STEM plays in today’s economy and society? -Are you active in your community and hungry to make a positive impact in young minds? -Are you self-directed, self-motivated and able to juggle through multiple priorities? -Do you have a strong desire to learn, grow and have fun in the process? |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | Yes/- |
| Start-up Costs | -/- | -/Yes |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
||
| Training | - | On-The-Job Training: 4 hours Classroom Training: 28 hours Additional Training: Virtual training |
| Support | - | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform |
| Marketing | - | Ad Templates Social media SEO Website development Email marketing |
| Operations | - | Number of Employees Required to Run: 1 |
Expansion Plans |
||
| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | Yes |
Company Overviews
About Great Minds Tutoring
One System, Multiple Programs. The Whole Child Franchise
opportunity is unique. A business that makes a positive difference in
the lives of children, is inexpensive to run, and ultimately flexible to
develop the work-life balance you desire.
Any one of our stand alone franchise programs (Busy Bodies/Yo Yo Yoga/Great Minds) is attractively priced at $15,000. For a limited time we are offering a bundled option of all four franchise
programs for $29,500. The Whole Child is the only company in our sector that offers financing through our Flex-Financing program to exceptional candidates.
*Low startup cost
*Low overhead - No commercial location to maintain
*Extensive initial training in your territory and ongoing support
*Proven marketing system
*Comprehensive online franchise management tool
*Continuous curriculum development by our Educator Development Team
*The most innovative enrichment programs available
*Multiple disciplines offer maximum flexibility in the marketplace
The Power of Small
In this new economy retreat to the safety of a low cost, home managed business in the children's educational sector.
*Services are low cost, high value
*Affordable classes are successful across the socioeconomic spectrum
*Build a client/customer base enrolled in ongoing classes, creating consistent revenue
*High student retention rate - once children enroll they stay enrolled
*Seasonal and special event programs boost revenue
*Multiple programs + a variety of formats = flexibility to respond to the needs of your market
*In demand - parents continue to spend on education in the current economy
*Security - you will never fire yourself
In this new economy retreat to the safety of a low cost, home managed business in the children's educational sector.
*Services are low cost, high value
*Affordable classes are successful across the socioeconomic spectrum
*Build a client/customer base enrolled in ongoing classes, creating consistent revenue
*High student retention rate - once children enroll they stay enrolled
*Seasonal and special event programs boost revenue
*Multiple programs + a variety of formats = flexibility to respond to the needs of your market
*In demand - parents continue to spend on education in the current economy
*Security - you will never fire yourself
About STEM for Kids
STEM for Kids® provides educational enrichment in Robotics, Engineering and Computer Programming for children ages 4 - 14 through camps, afterschool programs, in-school field trips, workshops in schools and outside community spaces.!["Stem]("https://d1v10wa6gxsq73.cloudfront.net/images/sponsors/3385/STEM_01.jpg")
The secret sauce of our business model,the curricula is born in industry and developed inhouse to maximize real-world connections and educational alignment while providing fun-based learning experiences.
Veteran Incentives 12% off franchise fee
!["Entrepreneur]("https://d3fg11dgb68kbp.cloudfront.net/assets/photos/franchise-badge-22686037fc120ba1bd59c2c9fd6e0fbf.png"){kind=icon}
#280 in Franchise 500 for 2020.
#173 in Franchise 500 for 2021.