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Below is an in-depth analysis and side-by-side comparison of Language Leaders vs Ho Math & Chess Learning Centre including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $18,700 - $107,000 | $1,000 |
Franchise Fee | $10,000 - $90,000 | $1,000 |
Royalty Fee | 15% | 0 |
Advertising Fee | - | - |
Year Founded | 1998 | 1995 |
Year Franchised | 2004 | 2004 |
Term Of Agreement | 10 years | 1 year |
Term Of Agreement | 10 years | 1 year |
Renewal Fee | to $20K | $2,000 |
Business Experience Requirements |
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Experience | ||
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | No/No |
Start-up Costs | No/No | No/No |
Equipment | No/No | No/No |
Inventory | No/No | No/No |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | - | - |
Support | Toll-free phone line, Internet | Toll-free phone line, Purchasing cooperatives |
Marketing | Co-op advertising, Ad slicks | Co-op advertising |
Operations |
Franchise can be run from home. 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 - 10
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Franchise can be run from home.
Number of employees needed to run franchised unit: 1 - 1
Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators) |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | Yes |
International Expansion | No | Yes |
Language Leaders is an educational organization that has been providing language instruction, translating and interpreting services throughout Illinois since 1997 under the trade name of Foreign Language Network. We offer programs and services in Spanish, French, German, and English. If you have an entrepreneurial spirit and a love of kids and learning, as a Language Leader Franchise owner, you will be associated with the premier foreign language education company in U.S. And being a unique and exclusive concept, Language Leaders deals with an untapped market here in United States.
Why Ho Math and Chess franchising is successful? Honestly, there are no secrets. It is all down to earth hard work and they finally paid off. In a nutshell, we truly and honestly deliver what parents and children want. We have successfully integrated chess into math by creating fun teaching materials which are unmatched by others. Our teaching method truly boosts children's math marks. Our IQ Chess workbooks and chess teaching set improve children's brain power.Ho Math and Chess is the world's largest and leading child education franchise dedicated to teaching children math through its patents applied, one-of-a-kind math and chess integrated workbooks. Ho Math and Chess invented the world's first math and chess integrated workbook (patent pending) and unique, effective chess training set for children as young as 4 years old. Ho Math and Chess learning center, the world leading authority in math and chess integrated teaching and research, has been a top child education franchiser and tutoring franchiser!