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Below is an in-depth analysis and side-by-side comparison of Math Squared Education vs Code Ninjas including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $18,550 - $39,300 | $31,420 - $333,270 |
Franchise Fee | $599 | $15,000 - $31,000 |
Royalty Fee | - | 6.5%-12% |
Advertising Fee | - | - |
Year Founded | - | 2016 |
Year Franchised | - | 2016 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | Qualified candidates for Code Ninjas franchise ownership come from all walks of life, including business, education, military, police, retirees, entrepreneurs (and yes, coders). The best franchise owners play an active role in the business, and are interested in making a positive impact on children and their community. Other qualities we look for are drive, compassion, willingness to learn, and support for our values. |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | Prior to opening, franchise owners attend training led by our team of franchising experts, totaling approximately 50 hours. This includes in-person and online training. In addition, a corporate representative will be present to assist with the opening and initial operations of your center, to help you get off to a great start. |
Support | - | Code Ninjas is designed to be a turnkey business model with a complete ecosystem of tools and support to run every aspect your franchise. This includes training, site selection, marketing, design, vendor network, franchise management software, and a dedicated support team. |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | No | - |
In 1999, the founders of Math Squared, Henry Yang and Jean Tsai realized that most children were having difficulties with problem solving in mathematics and therefore started research about all kinds of math learning programs available. But they found a lot of programs were using the rote system and almost none focused on balancing computation, problem solving, critical thinking, logic, puzzle, geometry and other areas in math. In 2000, they gathered a group of professional engineers, psychologists, mathematicians and educators, in Silicon Valley, who have drawn upon their individual areas of expertise and collaborated to design this entirely new system of learning math for Pre-K to 6th grade. Since the company's inception, 15 centers have been established in the US operating with Math Squared's license program. To further their marketing efforts, they have collaborated with Smart Kids Corp for distribution of the licensees. The founder of Smart Kids, Perry Ho believes that math is more than just the computation; children should be able to think out of the box and be equipped to overcome further challenges. Perry has more than 10 years of working experience as a Program/Marketing Manager in AT&T Bell Labs. She has won the highest honor of Bells Labs President Award for outstanding work. She has been trained extensively by Math Squared trainer to become a Math Squared certified instructor. Perry has been a dedicated educator for several years.
Code Ninjas is Creating the Problem Solvers of Tomorrow. Code Ninjas is expanding nationwide through franchising..