|
Below is an in-depth analysis and side-by-side comparison of KnowledgePoints vs School of Rock including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $50,000 - $174,500 | $271,500 - $494,100 |
Franchise Fee | $50,000 - $60,000 | $49,900 |
Royalty Fee | - | 8% |
Advertising Fee | - | 3% |
Year Founded | 1999 | 1998 |
Year Franchised | 2000 | 2005 |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 10 years |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
||
Training | - | On-Site training in both the business and music instruction aspects of running your school at one of our three training schools On-The-Job Training: 5 hours Classroom Training: 25 hours Additional training as needed |
Support | - | Assistance in getting your school built including a nationwide network of real estate partners, design and construction standards and guidance, and contracting partners. A proprietary IT system to manage the school business Grand Opening and continued marketing support through plan development and execution, creative and collateral, PR, and A dedicated franchise operations director to work with you Ongoing new product and program development Discounts on equipment through our network of partners The only national network of rock music education schools. Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | - | Ad Templates National Media Regional Advertising SEO Website development Email marketing |
Operations | - | Absentee Ownership Allowed Number of Employees Required to Run: 14 - 21 |
Expansion Plans |
||
US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | Yes |
KnowledgePoints Learning Centers provide a personal approach to basic
skills tutoring. With proven results and a guarantee of success, our
customized tutoring programs in reading, writing, math and study skills
help ensure students at our tutoring centers reach their academic goals.
All KnowledgePoints Learning Centers are run by Center Directors who
complete an intense 12 week training program before being certified as a
KnowledgePoints Director of Learning. Our learning centers serve
students in grades Pre-K-12 who are struggling, have fallen behind or
who need additional challenge. Our tutoring program consists of a
diagnostic skills assessment, individualized tutoring instruction, and
an effective motivational system that builds students’ skills and helps
them gain the desire and confidence to succeed at the learning center,
in school and in life!