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Updated RecentlyKLA Schools vs Hooray for Books Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of KLA Schools 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 | $1,121,000 - $5,954,750 | $35,000 - $100,000 |
| Franchise Fee | $78,500 | N/A |
| Royalty Fee | 6% | - |
| Advertising Fee | 1.5% | - |
| Year Founded | - | - |
| Year Franchised | - | - |
| Term Of Agreement | - | 10 years |
| Term Of Agreement | - | 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 | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | KLA provides more than four weeks of in-depth, hands-on classroom and onsite training prior to your school opening that will give you insight into the day-to-day experiences and requirements entailed in running your KLA franchise. A few topics covered during your initial training will be: * KLA Education Philosophy and Programs * Establishing and Operating the Business * School Setup * School Operations Overview * Daily Journals and Documentation * Recommended Equipment, Supplies and Furnishings | 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 | The support services from KLA Schools� have been designed to assist each franchisee to quickly establish and assume operations of their school location and to provide the necessary tools to succeed as a KLA franchisee. Expand Contract Personnel Support Recruiting secure and knowledgeable personnel for your KLA childcare franchise is critical. We will educate you and ensure you are ready to hire the right individuals to support the success of your school. Employment Support includes: * Recruitment and Candidate Selection Process Overview * Orientation and Training of Personnel * Suggested Team Building Activities * Establishment of Personnel Policies * Evaluation of Employees * Ongoing Professional Development Expand Contract Real Estate and Design Support KLA Schools will identify the best preschool franchise site for you and will provide you with a Site Location Analysis to review. You also have the option of being delivered a turnkey educational center to start of your new venture. Real Estate and Design support includes: * Demographic Analysis * Site Selection * Lease Negotiations * School Design * Site Development * Sample Building Plans * Turnkey Solution/Center Development Agreement Expand Contract Marketing and Advertising Support As a KLA Schools franchisee, you benefit from marketing expertise that includes proven marketing plans and materials for use in your area. We will help you to locate appropriate public relations support to provide proper media exposure. We will also continue to explore and utilize new marketing technicques as ways to reach, educate and retain customers. Marketing and Advertising support includes: * Grand Opening Planning and Support * Planning for Pre-Opening Marketing Efforts * Website Solutions and Strategies (SEO, SEM, PPC) * Inquiry and Enrollment Process * Ongoing Local Advertising Support * Encouraging Community Involvement * Open House Planning | When you succeed, so do we. We will offer ongoing support to ensure your success from marketing and advertising to new trainings. |
| Marketing | * Grand Opening Planning and Support * Planning for Pre-Opening Marketing Efforts * Website Solutions and Strategies (SEO, SEM, PPC) * Inquiry and Enrollment Process * Ongoing Local Advertising Support * Encouraging Community Involvement * Open House Planning | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About KLA Schools
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!)