Start-Up Costs and Fees |
||
| Best in Class Education | The Mad Science Group | |
| Investment | 62800 - 121880 | 74050 - 110459 |
| Franchise Fee | 0 | |
| Royalty Fee | 12% | 8% |
| Advertising Fee | 2% | |
| Year Founded | 1988 | 1985 |
| Year Franchised | 2011 | 1995 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Best in Class Education | The Mad Science Group | |
| 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 |
Financing Options |
||
| Best in Class Education | The Mad Science Group | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Best in Class Education | The Mad Science Group | |
| 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, 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. 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 30 Absentee ownership of franchise is NOT allowed. (95% of current franchisees are owner/operators) |
Expansion Plans |
||
| Best in Class Education | The Mad Science Group | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Best in Class Education | |
| The Mad Science Group | |
| Franchise Fee | |
| Best in Class Education | |
| The Mad Science Group | |
| Royalty Fee | |
| Best in Class Education | 12% |
| The Mad Science Group | 8% |
| Advertising Fee | |
| Best in Class Education | 2% |
| The Mad Science Group | |
| Year Founded | |
| Best in Class Education | 1988 |
| The Mad Science Group | 1985 |
| Year Franchised | |
| Best in Class Education | 2011 |
| The Mad Science Group | 1995 |
| Term Of Agreement | |
| Best in Class Education | 5 years +5+5+5 |
| The Mad Science Group | 25 years |
| Renewal Fee | |
| Best in Class Education | |
| The Mad Science Group | |
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. |
| The Mad Science Group | Industry experience General business experience Marketing skills |
Financing Options |
|
| Franchise Fees | |
| Best in Class Education | |
| The Mad Science Group | |
| Start-up Costs | |
| Best in Class Education | |
| The Mad Science Group | |
| Equipment | |
| Best in Class Education} | |
| The Mad Science Group | |
| Inventory | |
| Best in Class Education | |
| The Mad Science Group | |
| Receivables | |
| Best in Class Education | |
| The Mad Science Group | |
| Payroll | |
| Best in Class Education | |
| The Mad Science Group | |
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 |
| The Mad Science Group | |
| Support | |
| Best in Class Education | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software |
| The Mad Science Group | 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 |
| The Mad Science Group | Co-op advertising, 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. |
| The Mad Science Group | Franchise can be run from home. 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 30 Absentee ownership of franchise is NOT allowed. (95% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Best in Class Education | |
| The Mad Science Group | |
| Canada Expansion | |
| Best in Class Education | |
| The Mad Science Group | |
| International Expansion | |
| Best in Class Education | |
| The Mad Science Group | |