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Below is an in-depth analysis and side-by-side comparison of Ivy Kids Systems vs ICode including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | N/A | $293,000 - $347,000 |
Franchise Fee | N/A | $35,000 |
Royalty Fee | - | 6% |
Advertising Fee | - | 2% |
Year Founded | 2002 | 2016 |
Year Franchised | 2016 | 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 | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - Corporate based in classroom training and pre-opening location based training - Specific instruction for owner, center director and education director - Assistance in licensing, opening, staff development and retention - Dedicated training of all new teachers and refresher training for long term staff - Guidance for implementing effective grand opening, open house events and community-orientated activities | - |
Support | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
Proprietary STEAM-based educational courses for children and
engaging courses for families, and other programs that ICode may develop periodically.