smART Explorers vs STEM for Kids Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of smART Explorers vs STEM for Kids including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
	smART Explorers Franchise	STEM for Kids Franchise
Investment	$27,500	$49,500 - $83,650
Franchise Fee	$19,500	$39,500
Royalty Fee	7%	7+%
Advertising Fee	-	2%
Year Founded	2006	2011
Year Franchised	2007	2014
Term Of Agreement	-	-
Term Of Agreement	-	-
Renewal Fee	-	-
Business Experience Requirements
	smART Explorers Franchise	STEM for Kids Franchise
Experience	-	-Are you genuinely interested in STEM? -Do you understand the role STEM plays in today’s economy and society? -Are you active in your community and hungry to make a positive impact in young minds? -Are you self-directed, self-motivated and able to juggle through multiple priorities? -Do you have a strong desire to learn, grow and have fun in the process?
Financing Options
	smART Explorers Franchise	STEM for Kids Franchise
	In-House/3rd Party	In-House/3rd Party
Franchise Fees	No/No	Yes/-
Start-up Costs	No/No	-/Yes
Equipment	No/No	-/-
Inventory	No/No	-/-
Receivables	No/No	-/-
Payroll	No/No	-/-
Training & Support
	smART Explorers Franchise	STEM for Kids Franchise
Training	-	On-The-Job Training: 4 hours Classroom Training: 28 hours Additional Training: Virtual training
Support	-	Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform
Marketing	-	Ad Templates Social media SEO Website development Email marketing
Operations	* Franchise can be run from home * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)	Number of Employees Required to Run: 1
Expansion Plans
	smART Explorers Franchise	STEM for Kids Franchise
US Expansion	Yes	Yes
Canada Expansion	-	-
International Expansion	Yes	Yes

Company Overviews

About smART Explorers

NO LONGER FRANCHISING

About STEM for Kids

STEM for Kids® provides educational enrichment in Robotics, Engineering and Computer Programming for children ages 4 - 14 through camps, afterschool programs, in-school field trips, workshops in schools and outside community spaces.

Our processes, diligently crafted and baked with experiences, are designed to be simple yet effective in helping you set up and run a successful operation.
The secret sauce of our business model,the curricula is born in industry and developed inhouse to maximize real-world connections and educational alignment while providing fun-based learning experiences.

Veteran Incentives  12% off franchise fee