LeafSpring School vs ICode Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of LeafSpring School vs ICode including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
	LeafSpring School Franchise	ICode Franchise
Investment	$3,546,150 - $6,473,700	$293,000 - $347,000
Franchise Fee	$87,500	$35,000
Royalty Fee	6%	6%
Advertising Fee	-	2%
Year Founded	1988	2016
Year Franchised	2018	2016
Term Of Agreement	-	-
Term Of Agreement	-	-
Renewal Fee	-	-
Business Experience Requirements
	LeafSpring School Franchise	ICode Franchise
Experience	-	-
Financing Options
	LeafSpring School Franchise	ICode Franchise
	In-House/3rd Party	In-House/3rd Party
Franchise Fees	-/Yes	-/-
Start-up Costs	-/Yes	-/-
Equipment	-/Yes	-/-
Inventory	-/Yes	-/-
Receivables	-/-	-/-
Payroll	-/-	-/-
Training & Support
	LeafSpring School Franchise	ICode Franchise
Training	On-The-Job Training: 20 hours Classroom Training: 60 hours	-
Support	Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform	-
Marketing	Ad Templates National Media Social media SEO Website development Email marketing	-
Operations	Number of Employees Required to Run: 65	-
Expansion Plans
	LeafSpring School Franchise	ICode Franchise
US Expansion	Yes	Yes
Canada Expansion	-	-
International Expansion	Yes	-

Company Overviews

About LeafSpring School

WHAT’S IN A NAME?

A lot, it turns out. Especially when a company has spent decades building trust, creating value, and forging meaningful relationships in the community it serves. And yet, our name was chosen back in 1989, when Rainbow Station was nothing more than a seed of potential. A possibility. Now, many years and many schools later, Rainbow Station’s strong foundation has supported the growth and expansion of our Richmond, Virginia company into an international leadership preschool, with facilities located across the U.S. and overseas.

WHY THE NAME CHANGE?

As we’ve expanded, countless schools in the early childhood education industry have begun using the name “Rainbow.” Our mission, our values and our curriculum have set us apart from these other schools for decades, but the name Rainbow Station is not the differentiator it once was. As attached as we are to our name, it was time to change. In January 2018, Rainbow Station began changing its name to LeafSpring School

WHY LEAFSPRING?

In a nod to the train imagery that was the foundation for our brand, a leaf spring helps stabilize a train’s engine as it moves along the tracks. It is our mission to ensure that our schools continue to be that same stabilizing force in the life of every child that walks through our doors. Our new LeafSpring School logo was designed to embody the enthusiasm, energy, and creativity that makes our schools unique.

WHERE DO WE GO FROM HERE?

At LeafSpring School, we recognize the importance of giving our students roots, while at the same time providing them with the springboard they need to reach their own individual potential in the world. Thank you, as always, for trusting us with your most precious gifts. We are so excited to see what grows from here. Come join us and ride the train to success.

Veteran Incentives  25% off franchise fee

About ICode

Proprietary STEAM-based educational courses for children and engaging courses for families, and other programs that ICode may develop periodically.