MakerKids vs STEM for Kids Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of MakerKids vs STEM for Kids including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
MakerKids Franchise
STEM for Kids Franchise
Investment $152,750 - $399,000$49,500 - $83,650
Franchise Fee $30,000$39,500
Royalty Fee 8%7+%
Advertising Fee 3%2%
Year Founded 20132011
Year Franchised 20182014
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
MakerKids Franchise
STEM for Kids Franchise
Experience - Passion for working with kids - Thirst for knowledge - Glass half full mindset (60% optimist, 40% realist) - An Excellent Credit History - Leadership Skills - A Desire to Succeed - A Desire to Make A Difference - No past bankruptcies - No past criminal record - Willing to get out there and make sales - Persistence - Desire to listen, share and be compliant - Being happy is more important to you than being right - Customer-oriented Wait, I don’t know how to teach STEM! - Don’t worry. If you don’t have a teaching background, you can still excel as a MakerKids franchisee. In fact, the backgrounds of our ideal franchisees vary greatly – from engineers and accountants to teachers and homemakers, and everything in between. MakerKids franchise training was designed to level the playing field. We teach you all that you need to know about running a business that deals with STEM instruction.-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
 
MakerKids Franchise
STEM for Kids Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/-Yes/-
Start-up Costs -/--/Yes
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
MakerKids Franchise
STEM for Kids Franchise
Training - Five (5) days Training in Toronto, Canada - Five (5) days On-Site Training - Education/Curriculum: MakerKids® Lesson Plans Options for additional training*: - Internal Training with support and guidance from MK Training Team via Teleconferences, GoTo Meeting and Webinars - Additional Training available at MK HQ in Toronto, Canada - Additional On-Site Training available *Please inquire about additional training. On-The-Job Training: 4 hours Classroom Training: 28 hours Additional Training: Virtual training
Support - Advertising and Marketing: Initial supply of Presentation materials and Templates. - Usage of proprietary Operations Manual - Use of MakerKids® Name, Logo and Trademarks - Annual training and workshop - MakerKids new releases and new conceptsNewsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform
Marketing - Use of MakerKids® Name, Logo and Trademarks - Presentation Material & TemplatesAd Templates Social media SEO Website development Email marketing
Operations -Number of Employees Required to Run: 1

Expansion Plans
 
MakerKids Franchise
STEM for Kids Franchise
US Expansion YesYes
Canada Expansion Yes-
International Expansion YesYes

Company Overviews

About MakerKids

MakerKids runs award-winning STEM programs on Coding, Robotics and Minecraft. We use technology as a medium to help build confidence, social skills, change-making abilities and a positive relationship with technology. Kids have started businesses, won prizes from NASA, been published in magazines, and had positive mental health outcomes. MakerKids was named the #1 franchise concept in the NextGen in Franchising Competition at the International Franchise Association Conference from over 400 entrants.
 To describe the franchise in one word: transformative 
- Target Market: Ages 6-13, including Special Needs students 
- Location-based + mobile business/satellite locations: owner to operate multiple satellite locations e.g. at schools 
- Camps, After-School Programs and Parties 
- MakerKids® teaches STEM (Science, Technology, Engineering, Mathematics) topics: Coding, Robotics and Minecraft 
- Education/Curriculum: Proprietary Lesson Plans 
- Advertising/Marketing: Presentation Material & Templates 
- Online Parent Registration

We have been featured by Forbes, Wired, and more. Your dream career awaits. Help empower the makers of tomorrow. Inquire today.


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


Our processes, diligently crafted and baked with experiences, are designed to be simple yet effective in helping you set up and run a successful operation.
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
#280 in Franchise 500 for 2020.
#173 in Franchise 500 for 2021.