|
Below is an in-depth analysis and side-by-side comparison of Little Scientists vs Building Kidz School including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $35,000 | $148,000 - $380,500 |
Franchise Fee | $20,000 | $50,000 |
Royalty Fee | 6%/$250/Mo. | 7% |
Advertising Fee | 1% | 1% |
Year Founded | 1993 | 2002 |
Year Franchised | 1996 | 2015 |
Term Of Agreement | 10 years +10 | - |
Term Of Agreement | 10 years +10 | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/Yes |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | -/Yes |
Inventory | -/- | -/Yes |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
||
Training | 1. HQ 1 Week 2. HQ 2 Times/Year 3. On Site 2-4 Times/Year | On-The-Job Training: 25 hours Classroom Training: 40 hours |
Support | Central Data Processing Central Purchasing Field Operation Evaluation Field Training Franchisee Newsletter Central Data Processing Regional or National Meetings 800 Telephone Hotline | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
Marketing | - | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
Operations | Average Number of Employees: 2 Full-time, 6-10 Part-time Passive Ownership: Allowed, But Discouraged | Absentee Ownership Allowed Number of Employees Required to Run: 4 |
Expansion Plans |
||
US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | Yes | Yes |
The Little Scientists "hands-on" approach to teaching and learning was created to achieve two goals: to instill in children a passion for the exciting world of science and to help children develop specific scientific skills that will enable them to enjoy a lifetime of learning. We now have over 200 "hands-on" science lessons in subjects such as: Why is the Sky Blue, Magical Magnets, the Science of Flying, Chemistry, Electromagnetism -- and we are continuing to develop new lessons.
Building Kidz enables you to own a profitable and rewarding business by leveraging our operational excellence and unparalleled curriculum to prepare children for lifelong success while directly benefiting your community. As a Building Kidz Franchisee, you will: