| ||||
Updated RecentlyKumon Math & Reading Centers vs GradePower Learning Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Kumon Math & Reading Centers vs GradePower Learning including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $74,428 - $156,590 | $99,800 - $270,500 |
| Franchise Fee | $1,000 | $40,000 |
| Royalty Fee | $34-38/student/mo. | 10% |
| Advertising Fee | - | 3% |
| Year Founded | 1958 | 1984 |
| Year Franchised | 1958 | 1991 |
| Term Of Agreement | 5 years | - |
| Term Of Agreement | 5 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | Surprisingly, you really do not need to have education experience to operate a successful Grade Power franchise. We're looking for individuals with good people skills who can own, operate, manage and promote their own Grade Power franchise. You'll benefit by working alongside two very successful companies as we help you build your franchise. |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | -/- |
| Start-up Costs | No/No | -/Yes |
| Equipment | No/No | -/Yes |
| Inventory | No/No | -/Yes |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
||
| Training | At regional offices | On-The-Job Training: 1 week Classroom Training: 2 weeks Additional Training: Home study |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet | You will be provided with all the proprietary tools needed - along with the finest training and support system in the franchise industry. Helping you succeed is our primary focus, as we build our mutual franchise into a nationally known and recognized name in the education industry. Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations |
| Marketing | Co-op advertising, Regional advertising | Ad Templates National Media Regional Advertising |
| Operations |
Number of employees needed to run franchised unit: 2 - 3
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | Absentee Ownership Allowed Number of Employees Required to Run: 1 - 3 |
Expansion Plans |
||
| US Expansion | Yes | Yes |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
About Kumon Math & Reading Centers
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.
Worldwide success
Kumon is the 4th largest franchise on the planetOngoing support
Our training and support begins on day one, and never endsLow startup fees
You don't have to pay a premium to partner with the worldwide leaderVeteran Incentives $10,000 toward build-out/grand-opening costs
!["Top]("https://d1v10wa6gxsq73.cloudfront.net/images/production/top100_icon3.png")
![""]("https://static.franchisedirect.ie/dims4/default/9cfe0cd/2147483647/crop/454x434%2B0%2B0/resize/200x191/quality/95/?url=http%3A%2F%2Fd1imm0s6tc8o7m.cloudfront.net%2F1f%2F1f%2F47018bb74550b92351e946038cf1%2Ftop100-big-2020.png")
!["Entrepreneur]("https://d3fg11dgb68kbp.cloudfront.net/assets/photos/franchise-badge-22686037fc120ba1bd59c2c9fd6e0fbf.png"){kind=icon}
About GradePower Learning
GradePower Learning is unlike any other franchise in North America and is changing the way our children process, interpret, and organize information. It is important to understand that we do not tutor students.
Tutoring is only a temporary fix; it's focused on getting a better grade or test score. We combine academic tutoring with cognitive learning, so our focus is on improving how children learn. We use these methods in order to teach students how to think correctly. By doing so they learn real self-esteem and they won't need tutoring year after year. This will not only give students better grades, it will benefit them for the rest of their lives. We have the widest array of these programs, such as; Little Readers, Beyond Tutoring, Advantage, SAT/ACT Test Prep, College Readiness Study, ADD, ADHD, NCLB and more!
You will also have the opportunity to partner with a company that not only has 25 years dedicated to the learning and education industry, but also over 35 years experience in franchising and working with people from all walks of life to help them build a successful future for themselves and their families.
Veteran Incentives Royalty fee waived for six months