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Updated RecentlyGoddard Systems vs Engineering for Kids Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Goddard Systems vs Engineering for Kids 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 | $27,250 - $93,700 |
| Franchise Fee | $135,000 | $12,250 - $22,500 |
| Royalty Fee | 7% | 7% |
| Advertising Fee | 3% | 1% |
| Year Founded | 1986 | 2009 |
| Year Franchised | 1988 | 2011 |
| Term Of Agreement | 15 years | 7 years |
| Term Of Agreement | 15 years | 7 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 | -/Yes |
| Start-up Costs | No/Yes | -/Yes |
| Equipment | No/Yes | -/Yes |
| Inventory | No/Yes | -/Yes |
| Receivables | No/Yes | -/Yes |
| Payroll | No/Yes | -/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 | We train you to be a successful Engineering for Kids director by requiring you to successfully complete our 3-day Engineering for Kids training at our corporate headquarters as well as a 2-Day On-Site teacher training at your location. We provide you with instruction and curriculum materials on all areas of operations, from a thorough review of the operations manual to hands-on classroom training. |
| 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. | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform |
| 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. | Ad Templates Regional Advertising Social media Website development Email marketing Loyalty program/app |
| 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) | Number of Employees Required to Run: 5 - 10 |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | - |
| International Expansion | Yes | Yes |
Company Overviews
About Goddard Systems
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About Engineering for Kids
Engineering for Kids offers a suite of programs for children ages 4 to 14 introducing them to science, technology, engineering and math through a variety of workshops all aimed at developing problem solving skills. Programs include after school programs, evening classes, in-school field trips, workshops, birthday parties, home-school programs, scouts workshops, and pre-school programs.
In order to impact as many youth as possible, Engineering for Kids began franchising as a way to spread the program across the country. Engineering for Kids presents a low-barrier opportunity with room to grow, as the brand plans to add between 50-60 new locations in 2013. Our franchisees share Roberts' passion for the program, understanding the need for STEM education.
An ideal Engineering for Kids franchisee is someone who is well connected in their community, a parent, or an individual who has a passion for educating children.