| ||||
Updated RecentlyLittle Scientists vs ICode Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Little Scientists vs ICode including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $35,000 | $293,000 - $347,000 |
| Franchise Fee | $20,000 | $35,000 |
| Royalty Fee | 6%/$250/Mo. | 6% |
| Advertising Fee | 1% | 2% |
| Year Founded | 1993 | 2016 |
| Year Franchised | 1996 | 2016 |
| 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 | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
||
| Training | 1. HQ 1 Week 2. HQ 2 Times/Year 3. On Site 2-4 Times/Year | - |
| Support | Central Data Processing Central Purchasing Field Operation Evaluation Field Training Franchisee Newsletter Central Data Processing Regional or National Meetings 800 Telephone Hotline | - |
| Marketing | - | - |
| Operations | Average Number of Employees: 2 Full-time, 6-10 Part-time Passive Ownership: Allowed, But Discouraged | - |
Expansion Plans |
||
| US Expansion | Yes | Yes |
| Canada Expansion | - | - |
| International Expansion | Yes | - |
Company Overviews
About Little Scientists
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.
About ICode
Proprietary STEAM-based educational courses for children and
engaging courses for families, and other programs that ICode may develop periodically.