Baby Power/Forever Kids vs Parker-Anderson Enrichment Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Baby Power/Forever Kids vs Parker-Anderson Enrichment including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Baby Power/Forever Kids Franchise
Parker-Anderson Enrichment Franchise
Investment $105,000 - $135,000$15,980 - $81,100
Franchise Fee $20,000N/A
Royalty Fee 5%8%
Advertising Fee --
Year Founded 19732005
Year Franchised 19962014
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $5K-


Business Experience Requirements

 
Baby Power/Forever Kids Franchise
Parker-Anderson Enrichment Franchise
Experience
  • General business experience
  • -

    Financing Options

     
    Baby Power/Forever Kids Franchise
    Parker-Anderson Enrichment Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/Yes
    Start-up Costs No/No-/-
    Equipment No/No-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support

     
    Baby Power/Forever Kids Franchise
    Parker-Anderson Enrichment Franchise
    Training - On-The-Job Training: 2-6 hours Classroom Training: 18-22 hours Additional Training: Oline training
    Support Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluationsMeetings/Conventions Toll-Free Line Online Support
    Marketing Co-op advertising, Regional advertisingNational Media Website development
    Operations 0% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 3

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

    Number of Employees Required to Run: 1 - 4

    Expansion Plans

     
    Baby Power/Forever Kids Franchise
    Parker-Anderson Enrichment Franchise
    US Expansion -Yes
    Canada Expansion No-
    International Expansion No-

    Company Overviews

    About Baby Power/Forever Kids

    BabyPower/Forever Kids is today's most progressive and developmentally appropriate exercise and musical parent/child play program. BabyPower has operated successfully in Company owned centers throughout the Northeastern US since 1973. The program has been designed to build confidence and promote child development, communication and parent/child bonding. BabyPower introduces children to new playmates and their most valuable playmates of all: THEIR PARENTS! That is because all BabyPower classes are parent-child interactive. So, when student achieves a breakthrough in sensory awareness, balance or language skills, the parent will actually see it happen! The BabyPower Program is a 10-week, hour long pre-nursery school play program for children and their parents. The course is a systematically designed and consistently adhered to program customized for promoting child development, parent/child communications, play and bonding. Parents participate equally with their children during each one hour session. BabyPower graduates are more prepared to enter daycare and school programs than other children. Our graduates learn to follow direction as they develop a more outgoing personality. Graduates are more adjusted toward interacting with others, thus paving the way for the development of life long friendships and excellent learning behavioral skills.The Forever Kids Programs at Baby Power were designed to develop the second phase in a child's development. Through arts and crafts, cooking, theme classes, gym play and science experiments, fine motor skills, hand-eye coordination, and self expression are culitvated while using creativity to have FUN.
     
     
          Target market (Baby Power programs) not commonly targeted by other child-focused businesses (6 mos - 3 years old) (Forever Kids programs 3 years to six years)
          Lifestyle business - flexible class schedule
          Uncommon support from founder as new franchise is ramping up Evolving programs for children - multi-faceted programs challenging the emotional, intellectual and physical aspects of children; programs evolve as child grows
          Parent-child enrichment programs - parents involved in child’s experience
          Flexible hands-on or hands-off managerial approach
          Six revenue streams: Baby Power Programs,( 6 mo - 3 years) Forever Kids Programs (3 years - 6 years) Birthday Parties, Open Gym, Two Hour Drop Off Programs 3-6 years, Preschool enrichment program, and Products (music, toys and coloring books)

    About Parker-Anderson Enrichment

    For over twenty-five years, Parker-Anderson Enrichment has offered the most diverse selection of kids programs
    that any franchise has to offer. Our motto is “Fun Comes First,” our intention is to educate through hands-on learning,
    and our hope is that students around the world can share our abundant array of classes.
    Considering that demand keeps growing for after school programs, and that shrinking school budgets increase the market for someone to take over hands-on learning

    …why not Parker-Anderson Enrichment? Why not you?

    "Entrepreneur
    #403 in Franchise 500 for 2020.
    #373 in Franchise 500 for 2021.