CompuChild vs New Horizons Computer Learning Centers Franchise Comparison

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

Start-Up Costs and Fees
 
CompuChild Franchise
New Horizons Computer Learning Centers Franchise
Investment $14,900 - $29,900$260,000 - $630,000
Franchise Fee $7,500 - $12,500$25,000 - $150,000
Royalty Fee Varies6%
Advertising Fee --
Year Founded 19941982
Year Franchised 20011992
Term Of Agreement 5 years10 years
Term Of Agreement 5 years10 years
Renewal Fee -7500


Business Experience Requirements
 
CompuChild Franchise
New Horizons Computer Learning Centers Franchise
Experience
  • General business experience
  • Marketing skills

  • General business experience
  • Marketing skills
    		•

    Financing Options
     
    CompuChild Franchise
    New Horizons Computer Learning Centers Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoYes/No
    Start-up Costs No/NoNo/Yes
    Equipment No/NoNo/Yes
    Inventory No/NoNo/Yes
    Receivables No/NoNo/Yes
    Payroll No/NoNo/Yes

    Training & Support
     
    CompuChild Franchise
    New Horizons Computer Learning Centers Franchise
    Training -Available at headquarters
    Support Newsletter, Meetings, Toll-free phone line, InternetNewsletter, Meetings, Grand opening, Internet, Field operations/evaluations
    Marketing National mediaAd slicks, National media
    Operations Franchise can be run from home.

    10% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 1

    Absentee ownership of franchise is allowed. (99% of current franchisees are owner/operators)

    		 5% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 23

    Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators)

    Expansion Plans
     
    CompuChild Franchise
    New Horizons Computer Learning Centers Franchise
    US Expansion --
    Canada Expansion NoNo
    International Expansion YesYes

    Company Overviews

    About CompuChild

    COMPUCHILD has been offering STEAM (Science, Technology, Engineering, Art and Math) based enrichment classes to children in the United States since 1994. With their unique emphasis on Entrepreneurial STEAM™, COMPUCHILD'S programs help kindle the spirit of learning and innovation for the social good at a very young age.
    As a CompuChild Program Director, you join an organization that is 100% committed to your success. We provide comprehensive training and on-going support to ensure you achieve the level of success you desire. CompuChild works with one of the nation's leading franchise development firms to ensure that our franchise program provides cutting-edge training, communication and support systems necessary to ensure our franchisees success. You begin your business with 3 days of comprehensive training conducted in your territory (including our working with you to secure your initial clients). Your training includes a complete review of the operational policies and procedures important to your business, which are all detailed in our Confidential Operations and Policies Manual. You will also receive the forms and materials necessary to operate your business. In addition, you are encouraged to interact with other Program Directors who will reinforce the most effective methods of securing clients, generating students, promoting your classes and other important aspects of your business. You will love the camaraderie enjoyed by our Program Directors who work together for the benefit of the entire organization. As a CompuChild franchisee, you can be confident in your ability to operate your business, whether you have previous business experience or not. Although you will enjoy the benefits of owning your own business, you will not be operating your business alone. CompuChild provides the assistance and support you desire to ensure your success as we work together to make CompuChild the world's leader in preschool computer education.

    About New Horizons Computer Learning Centers

    Share in the Success of a Proven Leader An education business has a powerful impact on people, whether an individual looking for a new career, an employee looking for a promotion, or a manager tasked with increasing staff productivity. New Horizons Computer Learning Centers is the world's largest IT training company.* Founded in 1982 and headquartered in Anaheim, California, USA, we provide a broad range of computer training including technical and desktop applications to both individual learners and companies, as well as complementary programs in Business Skills, Healthcare Information Management, and English as a second language. New Horizons offers a compelling business opportunity to both entrepreneurs and to companies; especially IT training businesses or IT-related businesses. It is the opportunity to own and operate a business that provides much more than a service. Ask any New Horizons franchisee - they will tell you it is a truly rewarding business. With 300 locations around the globe, providing approximately three million student days of instruction annually, New Horizons sets the pace for innovative training programs in the IT industry.