Children's Technology Workshop vs RightTime KiDS Franchise Comparison

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

Start-Up Costs and Fees

 
Children's Technology Workshop Franchise
RightTime KiDS Franchise
Investment $81,000 - $105,000$138,500 - $313,500
Franchise Fee $25,000$31,500
Royalty Fee 6%-
Advertising Fee --
Year Founded 19972002
Year Franchised 20042008
Term Of Agreement 7 years-
Term Of Agreement 7 years-
Renewal Fee $1K-


Business Experience Requirements

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

    Financing Options

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

    Training & Support

     
    Children's Technology Workshop Franchise
    RightTime KiDS Franchise
    Training --
    Support Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations-
    Marketing Co-op advertising, Ad slicks, Regional advertising-
    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)

    -

    Expansion Plans

     
    Children's Technology Workshop Franchise
    RightTime KiDS Franchise
    US Expansion --
    Canada Expansion No-
    International Expansion Yes-

    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 RightTime KiDS

    The Right Opportunity for the Right Entrepreneurs We're looking for highly motivated individuals to join us in building a world-class drop-in childcare system. We want entrepreneurs who:
    * Enjoy working with children and parents * Appreciate the service value of drop-in childcare * Are hard-working, responsible and detail oriented * Have high energy, an outgoing nature, and a self-starter mentality * Are customer-service oriented * Enjoy working with diverse groups of people * Have professional email, phone, and in-person customer skills * Have excellent verbal and written communication skills * Possess strong leadership, motivation and delegation abilities If this describes you, we want to hear from you! Our franchise package includes: * Site selection assistance * Lease negotiations * Custom-developed proprietary software * Architectural layouts and build out * Operations manuals * Marketing templates and materials * Equipment purchase * On-site employee training * Turn-key solutions to get you open quickly and economically * Dedicated Project Manager to work with you every step of the way on your build out * Volume discounts on many essentials for day-to-day operations * Intranet for Franchise Owners, including interactive forum to share ideas and solutions
    * RTK University  Courses, Evaluations and Certifications for you and your employees, providing ongoing online training and education * Listed on the SBA REGISTRY for preferred, expedited SBA lending for RightTime KiDS' franchisees * Members of the IFA (Int'l Franchise Association), MinorityFran and VetFran to enable eligible franchise owners to participate in the benefits offered by those programs * Plus MUCH more!