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Below is an in-depth analysis and side-by-side comparison of Goddard Systems vs Futura including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $697,100 - $863,600 | $33,000 - $45,000 |
Franchise Fee | $135,000 | N/A |
Royalty Fee | 7% | - |
Advertising Fee | 3% | - |
Year Founded | 1986 | 2001 |
Year Franchised | 1988 | 2006 |
Term Of Agreement | 15 years | - |
Term Of Agreement | 15 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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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 |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/Yes | -/- |
Payroll | No/Yes | -/- |
Training & Support |
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Training | Think you need education experience to open a Goddard School franchise? Think again. Our team will teach you the skills you need to operate a high-quality preschool. Developed specifically for Goddard School teachers and directors, Goddard Systems University (GSU) provides training for faculty, too. Designed specifically for Goddard School teachers and directors, Goddard Systems University (GSU) provides ongoing training and faculty development. GSU’s exclusive training series coaches teachers in various areas, all of which focus on providing excellent care to children. To help reinforce the training GSU provides, our Quality Assurance (QA) team regularly reviews each School’s procedures and program performance. It also offers guidance on how to continuously improve each School for the benefit of the children and their families. On-The-Job Training: 400 hours Classroom Training: 138 hours Additional Training: IACET training for teachers & directors | Training at our headquarters for four intensive days *Additional training onsite at your location *Monthly conference calls *Unlimited electronic and telephone support. |
Support | The beauty of The Goddard School model is that you go into business for yourself, not by yourself. Our team of knowledgeable professionals will assist you with everything from marketing to IT and more. Our leadership team consists of experts who guide The Goddard School Franchise while providing support to franchisees. Dedicated, Experienced, Knowledgeable. The goal of The Goddard School Franchise is to provide franchisees with an extensive support structure to ensure consistency of programs and services for our customers as well as to offer guidance to franchisees as they achieve their personal goals as business owners. Franchise Business Consultants (FBCs) from our Field Operations team regularly visit Schools and check in with franchisees to provide ongoing support. Each FBC is also available via email and phone to assist franchisees. A team of trained experts guides each franchisee through the opening process as well. | - |
Marketing | Getting word out about your Goddard School franchise is crucial for lead generation and enrollment. Our Marketing, Advertising & PR department develops the marketing and advertising materials to help you create awareness of your School through radio, television, search engine marketing and more. | - |
Operations |
20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 25 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | 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 |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
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