Reading Friends Franchise Company vs Futura Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Reading Friends Franchise Company vs Futura including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Reading Friends Franchise Company Franchise
Futura Franchise
Investment $110,950 - $297,500$33,000 - $45,000
Franchise Fee $35,000N/A
Royalty Fee 5.5%-
Advertising Fee --
Year Founded 19802001
Year Franchised 20022006
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements
 
Reading Friends Franchise Company Franchise
Futura Franchise
Experience -We are looking for professionals with a passion for teaching Spanish to children in the community and who have a desire to grow and manage a successful business. The ideal franchisee is also an excellent communicator both verbally and written, who has an absolute motivation for success. This individual should also be organized and successful at multi-tasking. It is not necessary to have a teaching background or even fluency in the Spanish language. You will be trained on the various Futura curriculums, our teaching methods, as well as techniques necessary to train your local instructors. You should have a love for working with children and a passion for the Spanish language and its many cultures. These two things make promoting Spanish instruction for children contagious!

Financing Options
 
Reading Friends Franchise Company Franchise
Futura 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
 
Reading Friends Franchise Company Franchise
Futura Franchise
Training -

Training at our headquarters for four intensive days *Additional training onsite at your location *Monthly conference calls *Unlimited electronic and telephone support.
Support Grand opening, Field operations/evaluations-
Marketing Co-op advertising, Ad slicks-
Operations 100% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 9

Absentee ownership of franchise is allowed.

Your primary responsibility will be growing Futura in your specified territory, by selling and promoting the program to schools, Community Education/Recreation Departments, and parents. You will manage the schools and recreation departments with whom you partner, as well as the local teachers who work for you. You will be also responsible for training all of your local teaching staff and assuring their success in Futura classrooms

Expansion Plans
 
Reading Friends Franchise Company Franchise
Futura Franchise
US Expansion Yes-
Canada Expansion No-
International Expansion No-

Company Overviews

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.

About Futura

Are you a professional who is interested in owning your own business? Bienvenidos! Congratulations on choosing Futura Language Professionals as your franchise of choice. With our ever growing global nation, the need to learn Spanish at a young age is becoming of utmost importance. A Futura Language Professionals Spanish language franchise allows you to do what you love-Promote a love of the Spanish language and its many cultures to children. Since 2001 our long-term Spanish enrichment programs have positively affected the lives and growth of thousands of children in the local community. Futura Language Professionals' Spanish programs are completely community-based and all classes are held onsite in the local community in collaboration with local schools, recreation departments and community education departments. This means that our classes are not only very convenient for our students and families, but also that there is no need to lease or rent any space, eliminating high overhead costs. Futura Language Professionals' Franchise Owners work from their homes, creating a cost savings to both the owners and Futura families. By working within the community, we continue to foster our mission of being a Community-based Spanish school. Territories throughout the United States are available. "If you don't follow your dreams, you will be working for someone who did."-Anonymous