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Below is an in-depth analysis and side-by-side comparison of High Touch High Tech vs Kumon Math & Reading Centers including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $62,750 - $69,000 | $74,428 - $156,590 |
Franchise Fee | $52,500 | $1,000 |
Royalty Fee | 7% | $34-38/student/mo. |
Advertising Fee | - | - |
Year Founded | 1992 | 1958 |
Year Franchised | 194 | 1958 |
Term Of Agreement | 10 years | 5 years |
Term Of Agreement | 10 years | 5 years |
Renewal Fee | $2.5K | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/No | No/No |
Start-up Costs | No/No | No/No |
Equipment | No/No | No/No |
Inventory | No/No | No/No |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | Classroom Training: 40 hours Additional Training: Training videos & program manuals; bi-annual conference; technology resources training | At regional offices |
Support | Newsletter Meetings/Conventions Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet |
Marketing | Ad Templates Social media SEO Website development Email marketing | Co-op advertising, Regional advertising |
Operations |
Franchise can be run from home. 30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Number of employees needed to run franchised unit: 2 - 3
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | Yes | No |
International Expansion | Yes | Yes |
Founded by Daniel and Ellen Shaw, High Touch-High Tech offers a 90-minute, in-school 'field trip' that uses hands-on science programs. As a supplement to school science curricula, High Touch-High Tech serves children at all educational levels, from pre-school to high school. Programs cover the physical, natural, environmental and mathematical sciences and meet the National Board of Education Student Science Performance Standards. The company also provides 'Sizzlin Science' Birthday Parties. High Touch-High Tech franchisees hire educators who are required to have a four-year teaching degree from an accredited college or university, as well as a certificate in teaching science or eligibility for one.
Secondary school math educator Toru Kumon built up the Kumon technique for adapting over 50 years back in Japan, when his child was battling with second-grade number-crunching. Understanding that a solid establishment in the rudiments - expansion, subtraction, increase and division- - was fundamental for larger amount math, Kumon made a progression of math worksheets for his child to chip away at after school. With every day practice, Kumon's child bit by bit extended his authority of scientific aptitudes and by 6th grade could settle differential conditions and basic analytics issues.