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Updated RecentlyThinkertots vs Hooray for Books Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Thinkertots vs Hooray for Books including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $83,100 - $124,100 | $35,000 - $100,000 |
| Franchise Fee | $35,000 | N/A |
| Royalty Fee | 7% | - |
| Advertising Fee | - | - |
| Year Founded | 1998 | - |
| Year Franchised | 2005 | - |
| Term Of Agreement | 5 years | 10 years |
| Term Of Agreement | 5 years | 10 years |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | A teaching degree is not required, although it is welcomed. Our educational expert has created top-notch lessons that any smart cookie can teach. We do however, require you to have a passion for education, reading, baking, washing dishes, and of course, children! |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | -/- |
| Start-up Costs | No/Yes | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/Yes | -/- |
| Receivables | No/Yes | -/- |
| Payroll | No/Yes | -/- |
Training & Support |
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| Training | * Available at headquarters: 2 weeks * At franchisee's location: 4 days | There is a comprehensive 5 day training program at our headquarters. As part of your franchise fee you and one other person will receive complete training on all aspects of running a successful Hooray for Books franchise. |
| Support | - | When you succeed, so do we. We will offer ongoing support to ensure your success from marketing and advertising to new trainings. |
| Marketing | - | - |
| Operations | * 0% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 3 - 3 * Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Thinkertots
The Thinkertots method is founded on the belief that the key ingredients to future school success are: 1. A love of learning. 2. An ability to concentrate and focus. 3. An ability to follow directions. 4. Enjoyment of books and reading. 5. Getting along with others. Your child works on these important goals in every class he/she takes! The latest educational materials and methods help your child progress and master new challenges. You child will love our staff and unique approach and so will you. Make Thinkertots home for all of your child's early educational needs! Thinkertots has been featured by Fox News Channel's Fox and Friends, The New York Daily News, Long Island Newsday, and other media.
Do you think a Thinkertots Preschool Education Franchise might be for you?
About Hooray for Books
If you want to find something you are passionate about, something more than just a job, then Hooray for Books may be right for you! One of the best benefits of owning a HFB franchise is that you make your own schedule. With the flexibility to map out class times that work for you, and the ability to hire a teacher so you can focus on the operations side, HFB truly is a great business opportunity for anyone with a family. Not Your Average Franchise -Many people dream of being an entrepreneur, but moms have the time demands that can make it tricky to start from scratch. Don't let the term franchise mislead you! An HFB franchise promotes a happy life/work balance, a flexible schedule and our strategies increase employee loyalty and productivity because a mom of five invented them! We sell enthusiasm and genuinely love what we do. Can you say that if you are selling carpet cleaner or doo-dads all day? Are you motivated to build your own successful business? We have the recipe for success. All you need is the drive to succeed, a passion for teaching children, and a love for reading. Along with onsite training you will get the lesson plans, direction, mentoring and all the steps needed to make your business take off (no teaching degree required!) We offer the general blueprint for your success! happy Are you a former or current teacher? Perhaps you love children, but the public school doesn't seem like the right fit anymore. Hooray for Books allows you to be your own boss while reaping the benefits of teaching and enriching the lives of children. Since running a business is very different from teaching, some business experience is a plus (or find a business-minded friend and be co-owners!)