College Nannies, Sitters and Tutors vs KnowledgePoints Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of College Nannies, Sitters and Tutors vs KnowledgePoints including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
College Nannies, Sitters and Tutors Franchise
KnowledgePoints Franchise
Investment $105,000 - $158,000$50,000 - $174,500
Franchise Fee $45,000$50,000 - $60,000
Royalty Fee 5%-
Advertising Fee 2%-
Year Founded 20011999
Year Franchised 20052000
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee $2K-


Business Experience Requirements
 
College Nannies, Sitters and Tutors Franchise
KnowledgePoints Franchise
Experience --

Financing Options
 
College Nannies, Sitters and Tutors Franchise
KnowledgePoints Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/Yes-/-
Start-up Costs No/Yes-/-
Equipment No/Yes-/-
Inventory No/Yes-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support
 
College Nannies, Sitters and Tutors Franchise
KnowledgePoints Franchise
Training Classroom Training: 48 hours-
Support Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform-
Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app-
Operations International franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 2 - 3 Absentee ownership of franchise is NOT allowed. -

Expansion Plans
 
College Nannies, Sitters and Tutors Franchise
KnowledgePoints Franchise
US Expansion Yes-
Canada Expansion No-
International Expansion Yes-

Company Overviews

About College Nannies, Sitters and Tutors

College Nannies and Tutors Builds Stronger Families by providing Role Models from Cradle to College. As a full-service family focused firm, franchisees specialize in placing nannies, babysitters, homework help and college prep tutors. College Nannies and Tutors is seeking executive owners that share our core values and possess the desire and ability to grow multiple retail units.

The total investment necessary to begin operation of a College Nannies + Sitters + Tutors business is from $105,000 to $173,000. This includes the $45,000 initial franchise fee that must be paid to us. If you purchase 2 franchised Territories at the same time, the Initial Franchise Fee is $80,000 for both Territories. If you purchase 3 franchised Territories at the same time, the Initial Franchise Fee is $105,000 for all 3 Territories.

"Entrepreneur

#260 in Franchise 500 for 2020.
#274 in Franchise 500 for 2021.



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!