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Updated RecentlyBest in Class Education vs I Know Science STEM Center & Toy Store Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Best in Class Education vs I Know Science STEM Center & Toy Store including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $62,800 - $121,880 | $121,000 - $204,500 |
| Franchise Fee | $32,000 - $35,000 | $60,000 |
| Royalty Fee | 12% | 6% |
| Advertising Fee | 2% | - |
| Year Founded | 1988 | - |
| Year Franchised | 2011 | - |
| Term Of Agreement | 5 years +5+5+5 | - |
| Term Of Agreement | 5 years +5+5+5 | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | You do not necessarily need to be a teacher or hold a current teaching certificate to join the Best in Class franchise system. We do look for franchise owners who have Bachelor's Degrees or higher, and some experience in working with children. Franchisees should also have a passion for teaching or working with students, plus the right business/customer relations skills, and a solid work ethic. We also want franchise owners who will be dedicated to the operations and growth of their Best in Class Education Centers. | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/Yes | -/- |
| Start-up Costs | -/Yes | -/- |
| Equipment | -/Yes | -/- |
| Inventory | -/Yes | -/- |
| Receivables | -/Yes | -/- |
| Payroll | -/Yes | -/- |
Training & Support |
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| Training | We will provide pre-opening training for franchisees for up to five days at our corporate headquarters, plus up to three days of onsite support during your initial months of operations. On-The-Job Training: 30 hours Classroom Training: 40 hours | - |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software | Our support system is consistent throughout the lifetime of our partnership and we assist you every step of the way. If becoming a business owner is appealing to you and you have a passion for being part of an industry that makes a fantastic, long-lasting, and positive impact in the community, then owning your own I Know Science™ STEM Center & Toy Store would be one of the most rewarding experiences in your lifetime. |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | - |
| Operations | The Best in Class Education concept focuses on students of all ages, offering tailored teaching material that encourages them to learn at their own pace. By offering numerous courses, our franchisees benefit from multiple revenue streams. | IKS has developed a simple and straightforward approach to an edutainment business that is easy to learn and execute. You will leave training with the right tools, knowledge, support, attitude and confidence needed to start and grow your own successful edutainment business through the I Know Science brand. Territories will be based on a population no less than 75,000 with a specific market as well as a geographical radius. Other factors that are considered are, number of homes in the area, median household income, existence of competition, rent, and more. We will support you in finding the right location. I Know Science™ exclusive territories are one of the key benefits we offer and are only available to you as an early franchisee. Certain territories can offer a competitive advantage in the sales/marketing environment. Please contact us to discuss available territories and or your preferred territory. |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | Yes |
Company Overviews
About Best in Class Education
Best in Class provides tailored lessons to help students build confidence and mastery in their academic work.
Our programs develop concept acquisition, critical thinking, and application of skills. Our math and English curricula follow Common Core Standards, helping prepare students for academic and standardized tests as well as everyday challenges.
We motivate and encourage students to learn the principles of mathematics and English in a rewarding way. Our teachers monitor student progress on homework and tests to ensure that they are on track and receiving the help they need.
At Best in Class, your children will gain a sense of confidence in and excitement for learning.
If you have a passion for education and a real desire to invest in your future -- and the future of young students in your local area -- a Best in Class Education Center may be the key to opening the doors to the future. For more information on the many benefits of the Best in Class franchise program, for franchise owners and their communities, contact us at [email protected] or 425.880.2688.Seeking new franchise units throughout the U.S., Canada and Central America
Veteran Incentives $3,000 off franchise fees of first three centers; royalties waived for 3 months
About I Know Science STEM Center & Toy Store
I Know Science™ STEM Center & Toy Store cleverly combines STEM education
and entertainment. The IKS business model is innovative and leading-edge in its products and services, unique in its delivery, and profitable in the rapidly growing edutainment industry. Edutainment is the trailblazing way for
recreational activities for children in the 21st century.
Parents clearly see the lasting value of investing in their kids by purchasing educational STEM toys or signing up for a STEM program. Furthermore, they enjoy the practicality of
finding many quality services from one business, which they can trust, granting
them a simple way to plan their kids’ activities and events.
Children that join any of the services and/or purchase our products walk away having had an enriching experience unlike any other, one they’ll remember for years to come. The IKS
impact is exceptionally positive to their development and self-esteem. Hence,
IKS STEM Center and Toy Stores are becoming one of the most welcomed, loved,
and desired businesses in communities.