Great Minds Tutoring vs Ivybrook Academy Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Great Minds Tutoring vs Ivybrook 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 | $310,700 - $440,200 |
Franchise Fee |
$15,000 | $50,000 |
Royalty Fee |
7-8% | 6% |
Advertising Fee |
- | 1% |
Year Founded |
- | 2007 |
Year Franchised |
- | 2016 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | Compassionate and caring, ready to help our students learn
Able to work with both students and their parents – both our “customers”
Motivated to build a team and student enrollment
Accepts and embodies the Ivybrook Academy mission
|
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 |
- | We provide over 120 hours in person for you to get up and running before you even open and it doesn’t stop there. Here is a list of how we are DETERMINED to set you up for SUCCESS:
Before Opening - 2 weeks of training both at our corporate location and at your school’s location
Opening Month- Our team will be with you the entire week prior to opening as well as your first week of operation.
After Opening- Regular visits, calls and open lines of communication are important for everyone’s success!
On-The-Job Training: 46 hours
Classroom Training: 66 hours |
Support |
- | Purchasing Co-ops
Meetings/Conventions
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
Marketing |
- | National Media
Social media
SEO
Website development
Email marketing
|
Operations |
- | Number of Employees Required to Run: 15 |
Expansion Plans |
US Expansion |
- | Yes |
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 Ivybrook Academy
Ivybrook Academy was created by a public school teacher who was
looking to balance quality of life with owning a business. As a highly
involved mom of two very young children, she sought a means of achieving
financial freedom that would also allow her more time with her kids.
Enter the Ivybrook Academy model.
- Steady daytime hours of operation - 8:15 to 4:30
- No transportation/busing of children
- No lunches served
- Professional teachers with 4-year teaching degrees
- Progressive blended curriculum based on Reggio Emilia and Montessori methods
- The facility is closed approximately 32 work days per year
- When summer hours are involved, the facility closes by noon
We will assist you every step of the way on your journey
through the franchising process. From helping you find the right
location, developing the building plans, and going through construction
to ordering your equipment and furniture, hiring staff, training and
more, we will offer the support you need and deserve.
As part of the
Ivybrook Academy franchise family, we’ll help you through developing,
running, and owning your own Ivybrook Academy!