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Below is an in-depth analysis and side-by-side comparison of Parker-Anderson Enrichment vs Kidcreate Studio including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $15,980 - $81,100 | $108,860 - $261,350 |
Franchise Fee | N/A | $45,000 |
Royalty Fee | 8% | 8% |
Advertising Fee | - | 1% |
Year Founded | 2005 | 2007 |
Year Franchised | 2014 | 2016 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/Yes | -/Yes |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | -/Yes |
Inventory | -/- | -/Yes |
Receivables | -/- | -/Yes |
Payroll | -/- | -/Yes |
Training & Support |
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Training | On-The-Job Training: 2-6 hours Classroom Training: 18-22 hours Additional Training: Oline training | On-The-Job Training: 73 hours Classroom Training: 38 hours Additional Training: As needed |
Support | Meetings/Conventions Toll-Free Line Online Support | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | National Media Website development | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations | Number of Employees Required to Run: 1 - 4 | Number of Employees Required to Run: 4 - 12 |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
For over twenty-five years, Parker-Anderson Enrichment has offered the most diverse selection of kids programs
that any franchise has to offer. Our motto is “Fun Comes First,” our intention is to educate through hands-on learning,
and our hope is that students around the world can share our abundant array of classes.
Considering that demand keeps growing for after school programs, and that shrinking school budgets increase the market for someone to take over hands-on learning