Great Minds Tutoring vs Lightbridge Academy Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Great Minds Tutoring vs Lightbridge Academy including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Great Minds Tutoring Franchise
Lightbridge Academy Franchise
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

 
Great Minds Tutoring Franchise
Lightbridge Academy Franchise
Experience --

Financing Options

 
Great Minds Tutoring Franchise
Lightbridge Academy Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/Yes
Start-up Costs -/--/Yes
Equipment -/--/Yes
Inventory -/--/Yes
Receivables -/--/Yes
Payroll -/--/Yes

Training & Support

 
Great Minds Tutoring Franchise
Lightbridge Academy Franchise
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

 
Great Minds Tutoring Franchise
Lightbridge Academy Franchise
US Expansion --
Canada Expansion --
International Expansion --

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

About Lightbridge Academy

If you're looking to make a difference in the world, in your town and in our future, Lightbridge Academy provides a way to do it, while owning a great business. Tap into this growing, $40 billion industry with a company that will be with you from the moment you become a franchisee - from real estate selection through opening your center and beyond.
Lightbridge Academy franchises offers programs for children from six weeks to six years old, including after-school enrichment and summer programs.
Each school is a licensed childcare, with staff trained in early childhood education or childhood development.

Veteran Incentives   10% off franchise fee
"Entrepreneur
#234 in Franchise 500 for 2020.
#143 in Franchise 500 for 2021.