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Below is an in-depth analysis and side-by-side comparison of The Honors Learning Center vs A+ Nannies including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $64,500 - $68,700 | $40,500 - $55,600 |
Franchise Fee | $25,000 | $15,000 |
Royalty Fee | $2.5K/mo. | 0 |
Advertising Fee | - | 0 |
Year Founded | 1987 | 2001 |
Year Franchised | 1991 | 2007 |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 10 years |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | Who will be the best fit for our family? * Someone with a great attitude. * Someone who has the propensity to succeed; have ambition and drive. * Someone who is passionate about what they do � whatever it is they choose. * Someone who can maintain our high standards. * Someone who is personable, friendly, and has social skills. * Someone with enough funds to pay the initial fee and to keep the business going to create positive cash flow. | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | Yes/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 | - | We will take you through an intense program that will completely prepare you for the challenges of successful day-to-day operation. The training does not stop when your location is opened; additional training can be given on a specific matter anytime you need. We give you every tool you need to be a success! |
Support | Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | Real People, Real Support � Through our years of experience owning & operating A+ Nannies Agencies, we appreciate the level of support you need to create a successful business. We have a senior management team with significant experience to provide effective support to our franchisees. At A+ Nannies we believe that successful franchising is part of a synergistic partnership between Corporate and the Owner/Operators. We are looking for team players that want to join our talent base and who believe that knowledge of a group is more powerful than the knowledge of one. |
Marketing | Ad slicks | Building recognition of the A+ Nannies name is an essential component of the A+ Nannies business model. You will have access to professional consumer marketing and advertising materials, as well as get unlimited help from our senior advertising consultant for any future ideas you may have. Included in your marketing materials (but not limited to): * Magazine and Yellow Page Ads * Brochures, Cards, Post Cards, Magnets * Letterhead, Envelopes, Post It Notes, and Note Cards |
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 |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
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.
OUR FAMILY Our mission has always been the same: "to exceed our client's expectations by placing our morals and ethics at the core of every decision, and dedicating ourselves to finding professional candidates that have the knowledge and passion for this industry." The A+ Nannies philosophy is the same with our franchisees as it is with our clients & nannies. We respect one another, communicate clearly with each other, and continue to build trust and friendships along the way. We are looking for franchisee candidates that want to be a team player in building a reputation to be proud of. Through our synergistic partnership we will continue to evolve and remain the Premier Nanny Placement Service. If you want to work for yourself, but not by yourself - A+ Nannies is right for you! We provide a fun and friendly atmosphere, where at times you will forget you are even working. We look forward to the opportunity of having you join our family! OUR SYSTEMA+ Nannies offers multiple income streams, a proven business model, and a great team to work with! This system can easily be operated from your own home, and easily transported anywhere there is the internet. * Custom Website Development - Edit your own website that is custom built for your location. The layout will stay consistent with all franchisee locations, but you will have the ability to edit the content. * Consulting on any related issue * Valuable Training * Service Knowledge * Consistent Research and Development