Children's Technology Workshop vs EncouraGym Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Children's Technology Workshop vs EncouraGym including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Children's Technology Workshop Franchise
EncouraGym Franchise
Investment $81,000 - $105,000$25,600 - $69,400
Franchise Fee $25,000$10,500
Royalty Fee 6%6%
Advertising Fee --
Year Founded 19972001
Year Franchised 20042004
Term Of Agreement 7 years5 years
Term Of Agreement 7 years5 years
Renewal Fee $1K10% of current franchise fee


Business Experience Requirements

 
Children's Technology Workshop Franchise
EncouraGym Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
  • Enthusiasm for technology, engineering, science

  • General business experience
  • Marketing skills
  • Desire to work with children

  • Financing Options

     
    Children's Technology Workshop Franchise
    EncouraGym Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesYes/Yes
    Start-up Costs No/YesNo/Yes
    Equipment No/YesNo/Yes
    Inventory No/YesNo/Yes
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support

     
    Children's Technology Workshop Franchise
    EncouraGym Franchise
    Training --
    Support Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluationsNewsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations
    Marketing Co-op advertising, Ad slicks, Regional advertisingAd slicks
    Operations Franchise can be run from home.

    20% of all franchisees own more than one unit

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    0% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 4 - 8

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


    Expansion Plans

     
    Children's Technology Workshop Franchise
    EncouraGym Franchise
    US Expansion -Yes
    Canada Expansion NoNo
    International Expansion YesYes

    Company Overviews

    About Children's Technology Workshop

    The Children’s Technology Workshop is focused on the development and delivery of hands-on, applied-technology curriculum. We have been designing and testing our programs since 1997. At CTW, we are serious about having fun and take pride in our commitment to developing the finest technology and science-based programs available to children. Our activities are under constant review by our full-time staff of educators, engineers, technologists and enthusiasts. We are confident that you'll agree with our philosophy that computers are more than just a tool for writing and researching. We believe computers and technology can empower all children to explore, invent and be creative using the right applications with the right direction. The Children's Technology Workshop offers a variety of programs, including after school, camp, academic and group workshops. Programs are divided by age and are available in different formats to meet scheduling needs of parents and group facilitators.

    About EncouraGym

    Interested in a program for your home, church, school, or daycare? Don't invest $20,000 to $50,000 BEFORE you see what the others have to offer. EncouraGYM makes it possible to START YOUR OWN PROGRAM using our acclaimed lesson plans.
    Stop DREAMING and START LIVING your dreams.