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Below is an in-depth analysis and side-by-side comparison of Engineering for Kids vs GradePower Learning including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $27,250 - $93,700 | $99,800 - $270,500 |
Franchise Fee | $12,250 - $22,500 | $40,000 |
Royalty Fee | 7% | 10% |
Advertising Fee | 1% | 3% |
Year Founded | 2009 | 1984 |
Year Franchised | 2011 | 1991 |
Term Of Agreement | 7 years | - |
Term Of Agreement | 7 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | Surprisingly, you really do not need to have education experience to operate a successful Grade Power franchise. We're looking for individuals with good people skills who can own, operate, manage and promote their own Grade Power franchise. You'll benefit by working alongside two very successful companies as we help you build your franchise. |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/Yes | -/- |
Start-up Costs | -/Yes | -/Yes |
Equipment | -/Yes | -/Yes |
Inventory | -/Yes | -/Yes |
Receivables | -/Yes | -/- |
Payroll | -/Yes | -/- |
Training & Support |
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Training | We train you to be a successful Engineering for Kids director by requiring you to successfully complete our 3-day Engineering for Kids training at our corporate headquarters as well as a 2-Day On-Site teacher training at your location. We provide you with instruction and curriculum materials on all areas of operations, from a thorough review of the operations manual to hands-on classroom training. | On-The-Job Training: 1 week Classroom Training: 2 weeks Additional Training: Home study |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform | You will be provided with all the proprietary tools needed - along with the finest training and support system in the franchise industry. Helping you succeed is our primary focus, as we build our mutual franchise into a nationally known and recognized name in the education industry. Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations |
Marketing | Ad Templates Regional Advertising Social media Website development Email marketing Loyalty program/app | Ad Templates National Media Regional Advertising |
Operations | Number of Employees Required to Run: 5 - 10 | Absentee Ownership Allowed Number of Employees Required to Run: 1 - 3 |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | Yes | - |
Engineering for Kids offers a suite of programs for children ages 4 to 14 introducing them to science, technology, engineering and math through a variety of workshops all aimed at developing problem solving skills. Programs include after school programs, evening classes, in-school field trips, workshops, birthday parties, home-school programs, scouts workshops, and pre-school programs.
In order to impact as many youth as possible, Engineering for Kids began franchising as a way to spread the program across the country. Engineering for Kids presents a low-barrier opportunity with room to grow, as the brand plans to add between 50-60 new locations in 2013. Our franchisees share Roberts' passion for the program, understanding the need for STEM education.
An ideal Engineering for Kids franchisee is someone who is well connected in their community, a parent, or an individual who has a passion for educating children.
GradePower Learning is unlike any other franchise in North America and is changing the way our children process, interpret, and organize information. It is important to understand that we do not tutor students.
Tutoring is only a temporary fix; it's focused on getting a better grade or test score. We combine academic tutoring with cognitive learning, so our focus is on improving how children learn. We use these methods in order to teach students how to think correctly. By doing so they learn real self-esteem and they won't need tutoring year after year. This will not only give students better grades, it will benefit them for the rest of their lives. We have the widest array of these programs, such as; Little Readers, Beyond Tutoring, Advantage, SAT/ACT Test Prep, College Readiness Study, ADD, ADHD, NCLB and more!
You will also have the opportunity to partner with a company that not only has 25 years dedicated to the learning and education industry, but also over 35 years experience in franchising and working with people from all walks of life to help them build a successful future for themselves and their families.