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Updated RecentlyBrain Balance Achievement Centers vs Idea Lab Kids Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Brain Balance Achievement Centers vs Idea Lab Kids including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $259,386 - $481,571 | $60,200 - $281,000 |
| Franchise Fee | $45,000 | $35,500 |
| Royalty Fee | 8% | 11%-9% |
| Advertising Fee | - | 1% |
| Year Founded | 2007 | 1990 |
| Year Franchised | 2008 | 2016 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | Skills and abilities that we look for in a successful Idea Lab Kids® business owner. Are you genuinely interested in S.T.E.A.M? Do you understand the role S.T.E.A.M 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 |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/Yes | -/Yes |
| Start-up Costs | -/Yes | -/Yes |
| Equipment | -/Yes | -/Yes |
| Inventory | -/Yes | -/Yes |
| Receivables | -/Yes | -/- |
| Payroll | -/Yes | -/- |
Training & Support |
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| Training | At each Brain Balance Achievement Center we effectively train our franchisees to employ our exclusive Brain Balance Program. The Brain Balance Program is an individualized, comprehensive program that integrates physical and cognitive exercises with easy-to-follow dietary changes. The goal of the Brain Balance Program is to correct a fundamental imbalance between the two hemispheres (sides) of the brain , a "communication breakdown" that may result in a range of negative symptoms and behaviors. | On-The-Job Training: 50 hours Classroom Training: 30 hours |
| Support | We provide a franchise operations system designed to support all of your business needs from site selection and build out to launch marketing and sales prospecting. We are continually introducing new Brain Balance programs, products and services to increase your sales opportunities. Through national media exposure, training and consulting by program creator and co-founder, Dr. Robert Melillo - renowned researcher, lecturer and author of several best sellers including, Disconnected Kids, Reconnected Kids and his latest book, Autism | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
| Marketing | *National PR exposure *Exposure Across the Digital Landscape *Web-based Requisition System for Customized Marketing Materials *Local Marketing Guidance | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | - | Our franchisee business partners will have the option of taking an active role in the business as the full-time General Manager or choose to hire a full-time Program Coordinator and serve as a consultant. Physical location is not required until 12-18 months in order to allow sufficient ramp up. |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | - |
| International Expansion | - | Yes |
Company Overviews
About Brain Balance Achievement Centers
Brain Balance Achievement Centers are after school learning centers that help children with learning and behavioral disorders such as ADHD, Dyslexia, Asperger's, High Functioning Autism, and other Learning Disabilities. Brain Balance Achievement Centers offer the Brain Balance Program in 54 (and growing) nationwide locations. The Brain Balance Program integrates physical activities with effective educational and behavioral methods, as well as supportive nutritional initiatives, in order to promote optimum brain and body function. This program improves each function individually and then progressively integrates it with the other brain functions. BB Franchising LLC awards outstanding applicants a franchise of their own, under the name Brain BalanceAchievement Center. Our Brain Balance Achievement Centers offer an effective, non-medical and non-pharmaceutical program designed to help children become more focused in their everyday activities, improve their academic performance, and increase their occurrence of positive behavior, resulting in enhanced communication and social interaction skills.
About Idea Lab Kids
Our unique business model allows for two revenue generating sources:
IDEA Lab Kids is a unique kids franchise opportunity that allows our franchisee business partners to build a financially viable business by providing multiple revenue streams. We are seeking to partner with driven professionals and investors who have a passion for building a profitable business while also making a positive impact in their community by providing S.T.E.A.M Education.
A background in childcare or education and a passion to educate kids is desirable to succeed as an IDEA Lab Kids franchisee. In the children's franchise industry, franchise owners today come from diverse backgrounds and have a common goal of making a difference in early childhood education and achieving financial success.