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Below is an in-depth analysis and side-by-side comparison of Math Squared Education vs Ivybrook Academy 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 | $310,700 - $440,200 |
Franchise Fee | $599 | $50,000 |
Royalty Fee | - | 6% |
Advertising Fee | - | 1% |
Year Founded | - | 2007 |
Year Franchised | - | 2016 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | Compassionate and caring, ready to help our students learn Able to work with both students and their parents – both our “customers” Motivated to build a team and student enrollment Accepts and embodies the Ivybrook Academy mission |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/Yes |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | -/Yes |
Inventory | -/- | -/Yes |
Receivables | -/- | -/Yes |
Payroll | -/- | -/Yes |
Training & Support |
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Training | - | We provide over 120 hours in person for you to get up and running before you even open and it doesn’t stop there. Here is a list of how we are DETERMINED to set you up for SUCCESS: Before Opening - 2 weeks of training both at our corporate location and at your school’s location Opening Month- Our team will be with you the entire week prior to opening as well as your first week of operation. After Opening- Regular visits, calls and open lines of communication are important for everyone’s success! On-The-Job Training: 46 hours Classroom Training: 66 hours |
Support | - | Purchasing Co-ops Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | - | National Media Social media SEO Website development Email marketing |
Operations | - | Number of Employees Required to Run: 15 |
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.