Start-Up Costs and Fees |
||
| Best in Class Education | Children's Technology Workshop | |
| Investment | 62800 - 121880 | 81000 - 105000 |
| Franchise Fee | 0 | |
| Royalty Fee | 12% | 6% |
| Advertising Fee | 2% | |
| Year Founded | 1988 | 1997 |
| Year Franchised | 2011 | 2004 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Best in Class Education | Children's Technology Workshop | |
| 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. | Industry experience General business experience Marketing skills Enthusiasm for technology, engineering, science |
Financing Options |
||
| Best in Class Education | Children's Technology Workshop | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Best in Class Education | Children's Technology Workshop | |
| 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 | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | Co-op advertising, Ad slicks, Regional advertising |
| 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. | Franchise can be run from home. 20% of all franchisees own more than one unit Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
| Best in Class Education | Children's Technology Workshop | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Best in Class Education | |
| Children's Technology Workshop | |
| Franchise Fee | |
| Best in Class Education | |
| Children's Technology Workshop | |
| Royalty Fee | |
| Best in Class Education | 12% |
| Children's Technology Workshop | 6% |
| Advertising Fee | |
| Best in Class Education | 2% |
| Children's Technology Workshop | |
| Year Founded | |
| Best in Class Education | 1988 |
| Children's Technology Workshop | 1997 |
| Year Franchised | |
| Best in Class Education | 2011 |
| Children's Technology Workshop | 2004 |
| Term Of Agreement | |
| Best in Class Education | 5 years +5+5+5 |
| Children's Technology Workshop | 7 years |
| Renewal Fee | |
| Best in Class Education | |
| Children's Technology Workshop | $1K |
Business Experience Requirements |
|
| Experience | |
| Best in Class Education | 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. |
| Children's Technology Workshop | Industry experience General business experience Marketing skills Enthusiasm for technology, engineering, science |
Financing Options |
|
| Franchise Fees | |
| Best in Class Education | |
| Children's Technology Workshop | |
| Start-up Costs | |
| Best in Class Education | |
| Children's Technology Workshop | |
| Equipment | |
| Best in Class Education} | |
| Children's Technology Workshop | |
| Inventory | |
| Best in Class Education | |
| Children's Technology Workshop | |
| Receivables | |
| Best in Class Education | |
| Children's Technology Workshop | |
| Payroll | |
| Best in Class Education | |
| Children's Technology Workshop | |
Training & Support |
|
| Training | |
| Best in Class Education | 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 |
| Children's Technology Workshop | |
| Support | |
| Best in Class Education | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software |
| Children's Technology Workshop | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | |
| Best in Class Education | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
| Children's Technology Workshop | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| Best in Class Education | 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. |
| Children's Technology Workshop | Franchise can be run from home. 20% of all franchisees own more than one unit Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Best in Class Education | |
| Children's Technology Workshop | |
| Canada Expansion | |
| Best in Class Education | |
| Children's Technology Workshop | |
| International Expansion | |
| Best in Class Education | |
| Children's Technology Workshop | |