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Updated RecentlyHo Math & Chess Learning Centre vs KidsPark Childcare Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Ho Math & Chess Learning Centre vs KidsPark Childcare including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $1,000 | $261,250 - $449,500 |
| Franchise Fee | $1,000 | $22,500 |
| Royalty Fee | 0 | 5% |
| Advertising Fee | - | 2% |
| Year Founded | 1995 | 1988 |
| Year Franchised | 2004 | 2005 |
| Term Of Agreement | 1 year | - |
| Term Of Agreement | 1 year | - |
| Renewal Fee | $2,000 | - |
Business Experience Requirements |
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| Experience | We seek franchisees with demonstrated marketing and management skills, and good communication. Childcare experience is not required. Ideal candidates locate their protected territory in urban areas and are committed to moving forward within 90 days from point of contact. |
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Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | -/- |
| Start-up Costs | No/No | -/Yes |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | - | Pre-opening - we provide detailed Play-by-Play center creation training and support, 1-week hands-on center management and program implementation for you and your Director, and 2-days on-site training. On-going, we provide bi-monthly group webinars, bi-monthly individual check-ins, annual on-site training and an annual Franchise Forum for all owners and directors. All our manuals and resources are available from our on-line library. On-The-Job Training: 30 hours Classroom Training: 30 hours Additional Training: Via webinar, by phone |
| Support | Toll-free phone line, Purchasing cooperatives | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Co-op advertising | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations |
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) | Number of Employees Required to Run: 10 - 15 |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | Yes | - |
| International Expansion | Yes | - |
Company Overviews
About Ho Math & Chess Learning Centre
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!
About KidsPark Childcare
We envision KidsPark centers in cities across the United States. If you are looking for an entrepreneurial opportunity to contribute a needed service to your community and are considering an overall investment between $166,000 and $340,000, take a close look at KidsPark. As a KidsPark owner, you will share a reputation for quality, a proven method of operation and an innovative program. Learn about our opportunity by reading our virtual brochure.