Hooray for Books vs STEM for Kids Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Hooray for Books vs STEM for Kids including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
	Hooray for Books Franchise	STEM for Kids Franchise
Investment	$35,000 - $100,000	$49,500 - $83,650
Franchise Fee	N/A	$39,500
Royalty Fee	-	7+%
Advertising Fee	-	2%
Year Founded	-	2011
Year Franchised	-	2014
Term Of Agreement	10 years	-
Term Of Agreement	10 years	-
Renewal Fee	-	-
Business Experience Requirements
	Hooray for Books Franchise	STEM for Kids Franchise
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!	-Are you genuinely interested in STEM? -Do you understand the role STEM plays in today’s economy and society? -Are you active in your community and hungry to make a positive impact in young minds? -Are you self-directed, self-motivated and able to juggle through multiple priorities? -Do you have a strong desire to learn, grow and have fun in the process?
Financing Options
	Hooray for Books Franchise	STEM for Kids Franchise
	In-House/3rd Party	In-House/3rd Party
Franchise Fees	-/-	Yes/-
Start-up Costs	-/-	-/Yes
Equipment	-/-	-/-
Inventory	-/-	-/-
Receivables	-/-	-/-
Payroll	-/-	-/-
Training & Support
	Hooray for Books Franchise	STEM for Kids Franchise
Training	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.	On-The-Job Training: 4 hours Classroom Training: 28 hours Additional Training: Virtual training
Support	When you succeed, so do we. We will offer ongoing support to ensure your success from marketing and advertising to new trainings.	Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform
Marketing	-	Ad Templates Social media SEO Website development Email marketing
Operations	-	Number of Employees Required to Run: 1
Expansion Plans
	Hooray for Books Franchise	STEM for Kids Franchise
US Expansion	-	Yes
Canada Expansion	-	-
International Expansion	-	Yes

Company Overviews

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!)

About STEM for Kids

STEM for Kids® provides educational enrichment in Robotics, Engineering and Computer Programming for children ages 4 - 14 through camps, afterschool programs, in-school field trips, workshops in schools and outside community spaces.

Our processes, diligently crafted and baked with experiences, are designed to be simple yet effective in helping you set up and run a successful operation.
The secret sauce of our business model,the curricula is born in industry and developed inhouse to maximize real-world connections and educational alignment while providing fun-based learning experiences.

Veteran Incentives  12% off franchise fee