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Updated RecentlyTutoring Club vs Reading Friends Franchise Company Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Tutoring Club vs Reading Friends Franchise Company including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $66,500 - $119,900 | $110,950 - $297,500 |
| Franchise Fee | $34,500 | $35,000 |
| Royalty Fee | 10% | 5.5% |
| Advertising Fee | - | - |
| Year Founded | 1991 | 1980 |
| Year Franchised | 1999 | 2002 |
| Term Of Agreement | 20 years | 10 years |
| Term Of Agreement | 20 years | 10 years |
| Renewal Fee | - | - |
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/Yes | No/No |
| Start-up Costs | No/Yes | No/No |
| Equipment | No/Yes | No/No |
| Inventory | No/Yes | No/No |
| Receivables | No/Yes | No/No |
| Payroll | No/Yes | No/No |
Training & Support |
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| Training | Comprehensive training for 2 people at Tutoring Club Headquarters. | - |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Grand opening, Field operations/evaluations |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | Co-op advertising, Ad slicks |
| Operations |
50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) |
100% of all franchisees own more than one unit Number of employees needed to run franchised unit: 9 Absentee ownership of franchise is allowed. |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | No | No |
| International Expansion | Yes | No |
Company Overviews
About Tutoring Club
Founded by Lawrance H. Schwartz in 1991, Tutoring Club offers students instruction in basic subjects, like reading, math, writing and study skills. This Discovery Bay, California-based company is dedicated to helping children, of elementary to high-school age, succeed in school. The company also offers SAT preparation courses and tutoring.
Benefits of ownership:
*Scalability to grow your Tutoring Club franchise at your own pace
*TutorAid software which manages all student academics
*Complete accounting program developed specifically to manage your franchise finances
*No accounts receivable
*No inventory to spoil
*Perform a service for children and the community
*Strong training and ongoing support from a franchisor that is interested in your success
*National consumer marketing campaign
*Protected Territory
If you are ready for a rewarding change, take the next step and contact us today!
Honorably Discharged Veterans: 15% franchise fee discount on first location.
About Reading Friends Franchise Company
Ours started as a story of overcoming. Owner and founder, Nancy
Spencer, was the first person in the city of Fort Worth to be diagnosed
with dyslexia after many years of struggling in school. With the proper
training, she was able to thrive academically and gained a passion for
children and the way that they learn. With the help of Dr. Luke Waites,
Gladys Kolenovsky and a team from Scottish Rite Hospital in Dallas, TX,
Nancy wrote a full curriculum and started Reading Friends preschool in
1980. The school is now run by her two daughters, Audrey Fowler and
Nancy Pack. There are two additional locations. One located in Keller,
run by Marsha Wesley. One located in Aledo, run by Diane Taylor.
The Reading Friends Difference
Reading Friends has the right curriculum, the right commitment, and is the right place. Let us focus on your child.
The Reading Friends preschool is dedicated to providing the young child a foundation for educational excellence.
The secret to a well-rounded child is a well-rounded approach to teaching
Curriculum
We employ Multi-sensory teaching techniques involving the total child.
Our Phonics Advantage curriculum is a language-based program that is the heart of our proprietary curricula.
Children receive structured academic experiences that produce a firm foundation in reading, math, social studies, and science.
Social
The Reading Friends program is designed to provide successful opportunities for all students. Children have daily outside free play and snack where they experiment with social interaction and cooperation.