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Updated RecentlyLearningRx vs Goddard Systems Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of LearningRx 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 | $90,000 - $149,000 | $697,100 - $863,600 |
| Franchise Fee | $25,000 | $135,000 |
| Royalty Fee | 7% -8% | 7% |
| Advertising Fee | 3% | 3% |
| Year Founded | 1986 | 1986 |
| Year Franchised | 2003 | 1988 |
| Term Of Agreement | 10 years | 15 years |
| Term Of Agreement | 10 years | 15 years |
| Renewal Fee | $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 | 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 | As a brain training company, we value initial and ongoing training very highly. Our training includes a 2-day job shadowing with one of our franchisees prior to our 10-day training in Colorado Springs, CO. The 10-day franchise training covers our over 200 proprietary training procedures, marketing, public relations, business operations, networking, testing, administration, hiring, and much more. Our brain trainers are trained on-site by the franchisee, using over 40 hours of online material as well as 20-30 hours of in-person training and observation. We also offer ongoing training and support via our Helpdesk (phone and email support) and quarterly calls with our support team. | 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 | We know that the success of our franchisees is our success. Valuable support is a top priority for us, and we strive to help our franchisees however possible. Our support team is led by a former franchisee and LearningRx parent, who understands the day-to- day running of a center firsthand. We also have a marketing and business coach, who will help our first-year franchisees create and implement their 12-month business plan and offer ongoing support of business operations. The support team also runs the helpdesk, which is available by phone and email and boasts a very fast turnaround. We provide a franchise operations system designed to support all of your business needs from site selection and build out to launch marketing and sales prospecting. We are continually introducing new Brain Balance programs, products and services to increase your sales opportunities. Through national media exposure, training and consulting by program creator and co-founder, Dr. Robert Melillo renowned researcher, lecturer and author of several best sellers including, Disconnected Kids, Reconnected Kids and his latest book, Autism | 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 | We offer new materials on a regular basis across multiple platforms: social media, print, TV, radio, PPC, SEO, etc. You can also join a voluntary marketing co-op where applicable. *National PR exposure *Exposure Across the Digital Landscape *Web-based Requisition System for Customized Marketing Materials *Local Marketing Guidance | 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 | 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 3 Absentee ownership of franchise is allowed. (67% of current franchisees are owner/operators) |
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 | Yes |
| Canada Expansion | Yes | No |
| International Expansion | No | Yes |
Company Overviews
About LearningRx
In the 1980's, brothers Dr. Ken Gibson and Dr. Keith Gibson--
a specialist in visual processing and a clinical psychologist,
respectively-- sought a way to help people with learning difficulties to
learn more quickly and easily. They developed a series of short,
intense training exercises to improve concentration and recall
abilities. Once this method proved successful in trials, they continued
to test and enhance the program with input from other specialists in
education, medicine and psychology, in order to help students with
attention problems, dyxlexia, memory problems and other learning
disabilities to improve their cognitive skills.
Dr. Ken Gibson began franchising under the name LearningRx in 2003, and
is currently the company's CEO.
Veteran Incentives 10% off franchise fee
Veteran Incentives 10% off franchise fee
2016 #1 Educational Franchise by FranchiseRankings.com!
Part of the Entrepreneur Franchise 500® 7 years in a row!
About Goddard Systems
Join The Goddard School and become a member of a franchise system that has been defining educational childcare in the United States since 1988.
Goddard Systems, Inc. (GSI), franchisor of The Goddard School and the acknowledged leader in the childcare franchise segment, is awarding franchises to qualified applicants who want to go into business for themselves, not by themselves.
Highlights of a Goddard School franchise include:
*Our on-site owner/director model supports educational excellence and a thriving business. This dual management system allows the director to observe classrooms, mentor teachers and develop a healthy learning environment, while the owner has the flexibility to operate an efficient, thriving business.
*Our daily schedule allows franchisees to enjoy a family-friendly lifestyle. Franchisees are able to operate their businesses while balancing time with their families and friends. Most Goddard Schools are open Monday through Friday, 7 AM to 6 PM (hours of operation vary by location).
* Exceptional training and unparalleled support ensure top performance in Schools. Goddard School franchisees complete a comprehensive two-phase training program prior to School opening and have the opportunity to attend annual franchisee conventions and regional meetings. In addition, franchisees benefit from the extensive support structure that GSI has developed over 25 years in franchising.
*Goddard Quality Assurance (QA) reinforces the highest standards of care and The Goddard School F.L.EX. Learning Program. While every state has a licensing agency that oversees state requirements, Goddard Schools are additionally obligated to fulfill our own extensive QA Review. Goddard QA Representatives make unannounced semi-annual visits to each School to assess compliance with a full range of health and safety policies and procedures, as well as curriculum and program performance. As a result, The Goddard School has earned AdvancED and Middle States accreditation.
*Goddard Systems University (GSU) prepares faculty to follow The Goddard School's high standards. Funded by GSI, GSU supports ongoing director and teacher training through regional, online and on-site classes lead by corporate representatives. GSU training has been approved as an Authorized Provider by the International Association for Continuing Education and Training (IACET).
*Goddard School building design focuses on child safety and efficient operations. The building size provides a manageable environment in addition to two large playgrounds to accommodate age groups separately.
Veteran Incentives $20,000 off franchise fee
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In Franchise Business Reviews' Top 200.
#88 on Franchise 500 for 2020.
#76 on Franchise 500 for 2021.