FasTracKids vs GradePower Learning Franchise Comparison

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

Start-Up Costs and Fees
 
FasTracKids Franchise
GradePower Learning Franchise
Investment $48,117 - $203,517$99,800 - $270,500
Franchise Fee $22,000$40,000
Royalty Fee Variable10%
Advertising Fee -3%
Year Founded 19981984
Year Franchised 19981991
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee $1K-


Business Experience Requirements
 
FasTracKids Franchise
GradePower Learning Franchise
Experience -

Surprisingly, you really do not need to have education experience to operate a successful Grade Power franchise. We're looking for individuals with good people skills who can own, operate, manage and promote their own Grade Power franchise. You'll benefit by working alongside two very successful companies as we help you build your franchise.


Financing Options
 
FasTracKids Franchise
GradePower Learning Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/Yes-/-
Start-up Costs No/Yes-/Yes
Equipment No/Yes-/Yes
Inventory No/Yes-/Yes
Receivables No/Yes-/-
Payroll No/Yes-/-

Training & Support
 
FasTracKids Franchise
GradePower Learning Franchise
Training -On-The-Job Training: 1 week Classroom Training: 2 weeks Additional Training: Home study
Support Newsletter, Meetings, Internet

You will be provided with all the proprietary tools needed - along with the finest training and support system in the franchise industry. Helping you succeed is our primary focus, as we build our mutual franchise into a nationally known and recognized name in the education industry. Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations

Marketing -Ad Templates National Media Regional Advertising
Operations 16% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 1 - 2

Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

Absentee Ownership Allowed

Number of Employees Required to Run: 1 - 3

Expansion Plans
 
FasTracKids Franchise
GradePower Learning Franchise
US Expansion -Yes
Canada Expansion No-
International Expansion Yes-

Company Overviews

About FasTracKids

Founded in 1998, FasTracKids International offers an enrichment education system for children ages 3 to 6. The program is a 2-year curriculum covering 12 academic subjects, including astronomy, biology, economics, literature and mathematics.

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About GradePower Learning

GradePower Learning is unlike any other franchise in North America and is changing the way our children process, interpret, and organize information. It is important to understand that we do not tutor students. Tutoring is only a temporary fix; it's focused on getting a better grade or test score. We combine academic tutoring with cognitive learning, so our focus is on improving how children learn. We use these methods in order to teach students how to think correctly. By doing so they learn real self-esteem and they won't need tutoring year after year. This will not only give students better grades, it will benefit them for the rest of their lives. We have the widest array of these programs, such as; Little Readers, Beyond Tutoring, Advantage, SAT/ACT Test Prep, College Readiness Study, ADD, ADHD, NCLB and more! You will also have the opportunity to partner with a company that not only has 25 years dedicated to the learning and education industry, but also over 35 years experience in franchising and working with people from all walks of life to help them build a successful future for themselves and their families.

Veteran Incentives  Royalty fee waived for six months

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#404 in Franchise 500 for 2020.