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Below is an in-depth analysis and side-by-side comparison of Idea Lab Kids vs Healthy Hands Cooking including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $60,200 - $281,000 | $3,000 - $5,000 |
Franchise Fee | $35,500 | N/A |
Royalty Fee | 11%-9% | - |
Advertising Fee | 1% | - |
Year Founded | 1990 | 2008 |
Year Franchised | 2016 | 2012 |
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 | -/- |
Start-up Costs | -/Yes | -/- |
Equipment | -/Yes | -/- |
Inventory | -/Yes | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | On-The-Job Training: 50 hours Classroom Training: 30 hours | At Headquarters Manual By Video Online |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform | Newsletter Meetings Advertising/Marketing Sales Leads Technical Support Online Support Phone Support |
Marketing | 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. | - Business can be run from home. - Business can be run part-time. |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | - | - |
International Expansion | Yes | - |
Healthy Hands Cooking is a 24/7, patent-pending cooking instructor online training program that you complete at your own pace, from the comfort of your home computer. Our instructors are passionate moms, dads, teachers, nutrition grads, home cooks, entrepreneurs, wellness advocates and more.This 11 module course will lay a solid foundation for setting up your own cooking business including proper licensing, permits, background checks, food safety, marketing and more.This isn't just a business certification. It's a specialized training blueprint that shares proven methods for success.