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Updated RecentlyKumon Canada vs STEM for Kids Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Kumon Canada vs STEM for 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 | $62,870 - $158,390 | $49,500 - $83,650 |
| Franchise Fee | $1,000 | $39,500 |
| Royalty Fee | - | 7+% |
| Advertising Fee | - | 2% |
| Year Founded | - | 2011 |
| Year Franchised | - | 2014 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| 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 |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | Yes/- |
| Start-up Costs | -/- | -/Yes |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| 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 |
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| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | Yes |
Company Overviews
About Kumon Canada
Kumon is the world's largest after-school math and reading program. The Kumon Method has helped millions of children achieve more than they ever thought they could. Kumon's, math and reading programs help children of all ages and levels become eager, independent self-learners. Unlike tutoring sessions, Kumon helps children learn how to learn on their own, and develops strong academic skills. Our students gain a sense of confidence that will help them in the classroom and beyond.
The costs to start up and operate a Kumon Center are surprisingly modest. And so, relative to other educational franchises, profitability can come sooner. While management and teaching skills will help you succeed, formal qualifications are not necessary. That's because with Kumon's support and proven instructional method, the most important requirement is a passion to invest in the future - both yours and your students.
If you are an enterprising individual interested in starting your own business and contributing to the community, Kumon is the perfect opportunity. With more than 50 years of success and growth, Kumon is one of the most established franchise businesses in the world. In North America, 340,000 students are enrolled in more than 2,000 individually owned and operated centres.
!["Top]("https://www.betheboss.ca/images/top-100-logo.final%202020.png"){kind=logo}
#23 in Canada's Top franchises.
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.