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Below is an in-depth analysis and side-by-side comparison of Inspiration Learning Center vs Montessori Kids Universe including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $50,000 - $70,000 | $419,911 - $948,871 |
Franchise Fee | $18,800 | $35,000 - $56,000 |
Royalty Fee | 10% | 6% |
Advertising Fee | 2% | - |
Year Founded | 2003 | 1988 |
Year Franchised | 2008 | 2013 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | Extensive tutor training, administrative training and sales training are provided. Continued support is made available to all franchise owners from our flagship location in Scarborough, Ontario. The length of training is typically three weeks. | On-The-Job Training: 20-40 hours Classroom Training: 72 hours Additional Training: As needed |
Support | - | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Field Operations Site Selection |
Marketing | - | Ad Templates Social media SEO Website development Email marketing |
Operations | - | Number of Employees Required to Run: 12 - 18 |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | Yes | Yes |