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Below is an in-depth analysis and side-by-side comparison of International Dancesport Studios vs Goddard Systems including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $58,500 - $79,700 | $697,100 - $863,600 |
Franchise Fee | $37,000 | $135,000 |
Royalty Fee | 10% | 7% |
Advertising Fee | - | 3% |
Year Founded | 1996 | 1986 |
Year Franchised | 2003 | 1988 |
Term Of Agreement | - | 15 years |
Term Of Agreement | - | 15 years |
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 | No/No | No/Yes |
Start-up Costs | No/No | No/Yes |
Equipment | No/No | No/Yes |
Inventory | No/No | No/Yes |
Receivables | No/No | No/Yes |
Payroll | No/No | No/Yes |
Training & Support |
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Training | - | Think you need education experience to open a Goddard School franchise? Think again. Our team will teach you the skills you need to operate a high-quality preschool. Developed specifically for Goddard School teachers and directors, Goddard Systems University (GSU) provides training for faculty, too. Designed specifically for Goddard School teachers and directors, Goddard Systems University (GSU) provides ongoing training and faculty development. GSU’s exclusive training series coaches teachers in various areas, all of which focus on providing excellent care to children. To help reinforce the training GSU provides, our Quality Assurance (QA) team regularly reviews each School’s procedures and program performance. It also offers guidance on how to continuously improve each School for the benefit of the children and their families. On-The-Job Training: 400 hours Classroom Training: 138 hours Additional Training: IACET training for teachers & directors |
Support | - | The beauty of The Goddard School model is that you go into business for yourself, not by yourself. Our team of knowledgeable professionals will assist you with everything from marketing to IT and more. Our leadership team consists of experts who guide The Goddard School Franchise while providing support to franchisees. Dedicated, Experienced, Knowledgeable. The goal of The Goddard School Franchise is to provide franchisees with an extensive support structure to ensure consistency of programs and services for our customers as well as to offer guidance to franchisees as they achieve their personal goals as business owners. Franchise Business Consultants (FBCs) from our Field Operations team regularly visit Schools and check in with franchisees to provide ongoing support. Each FBC is also available via email and phone to assist franchisees. A team of trained experts guides each franchisee through the opening process as well. |
Marketing | - | Getting word out about your Goddard School franchise is crucial for lead generation and enrollment. Our Marketing, Advertising & PR department develops the marketing and advertising materials to help you create awareness of your School through radio, television, search engine marketing and more. |
Operations | - |
20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 25 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | No |
International Expansion | Yes | Yes |
International DanceSport Studios are award winning franchised ballroom dance studios founded and directed by Carlos Manuel Gutierrez Jr. since 1995. Mr. Gutierrez is a renowned producer and a world class, award winning, ballroom dance teacher. In addition to operating IDS, he owns and produces an international open ballroom dance championship, Mexico Open, which is held annually in Cancun, Mexico. Mr. Gutierrez is also the founder and president of LAWDSC, Latin America World DanceSport Council, a world dance council that promotes ballroom dancing as a sport on an athletic level as well as a form of art, and an exercising outlet. In IDS, we specialize in individual training of both professional and amateur dancers. We accept single students, couples, as well as students who desire special event oriented training, such as wedding and prom preparations. Every one of our programs is individually designed to meet each of our student's personal needs. Our students do not need any prior experience or knowledge, we accept students of any level and we provide training up to Gold Level, and anything in between, as well as physical therapy training. We know that every student has a specific goal in mind when it comes to their training and we believe that our personal training system accompanied with our private instructors are the best tools to truly tend to those needs and desires.