The Honors Learning Center vs KnowledgePoints Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of The Honors Learning Center vs KnowledgePoints including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
The Honors Learning Center Franchise
KnowledgePoints Franchise
Investment $64,500 - $68,700$50,000 - $174,500
Franchise Fee $25,000$50,000 - $60,000
Royalty Fee $2.5K/mo.-
Advertising Fee --
Year Founded 19871999
Year Franchised 19912000
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee --


Business Experience Requirements
 
The Honors Learning Center Franchise
KnowledgePoints Franchise
Experience
  • Marketing skills
  • Degree in education
    		• -

    Financing Options
     
    The Honors Learning Center Franchise
    KnowledgePoints Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/-
    Start-up Costs No/No-/-
    Equipment No/No-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    The Honors Learning Center Franchise
    KnowledgePoints Franchise
    Training --
    Support Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations-
    Marketing Ad slicks-
    Operations 0% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 10

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    		-

    Expansion Plans
     
    The Honors Learning Center Franchise
    KnowledgePoints Franchise
    US Expansion Yes-
    Canada Expansion No-
    International Expansion No-

    Company Overviews

    About The Honors Learning Center

    Sharee and Gary Miller started The Honors Learning Center as an individualized academic program. The centers' goal is to improve comprehension skills for each student by one full grade level after 36 hours of instruction. For every year since 1987, Honors students have averaged a gain of two full grade levels.

    Honors franchisees must have current state teaching certification.

    About KnowledgePoints

    KnowledgePoints Learning Centers provide a personal approach to basic skills tutoring. With proven results and a guarantee of success, our customized tutoring programs in reading, writing, math and study skills help ensure students at our tutoring centers reach their academic goals. All KnowledgePoints Learning Centers are run by Center Directors who complete an intense 12 week training program before being certified as a KnowledgePoints Director of Learning. Our learning centers serve students in grades Pre-K-12 who are struggling, have fallen behind or who need additional challenge. Our tutoring program consists of a diagnostic skills assessment, individualized tutoring instruction, and an effective motivational system that builds students’ skills and helps them gain the desire and confidence to succeed at the learning center, in school and in life!