Children's Technology Workshop vs Young Masters Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Children's Technology Workshop vs Young Masters including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  Children's Technology Workshop Young Masters
Investment 81000 - 105000 10000 - 28275
Franchise Fee 0
Royalty Fee 6%
Advertising Fee
Year Founded 1997 2005
Year Franchised 2004 2008
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Children's Technology Workshop Young Masters
Experience Industry experience General business experience Marketing skills Enthusiasm for technology, engineering, science

Financing Options

  Children's Technology Workshop Young Masters
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support

  Children's Technology Workshop Young Masters
Training
Support Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations
Marketing Co-op advertising, Ad slicks, Regional advertising
Operations 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

  Children's Technology Workshop Young Masters
US Expansion
Canada Expansion
International Expansion

Start-Up Costs and Fees Mobile

Investment
Children's Technology Workshop
Young Masters
Franchise Fee
Children's Technology Workshop
Young Masters
Royalty Fee
Children's Technology Workshop 6%
Young Masters
Advertising Fee
Children's Technology Workshop
Young Masters
Year Founded
Children's Technology Workshop 1997
Young Masters 2005
Year Franchised
Children's Technology Workshop 2004
Young Masters 2008
Term Of Agreement
Children's Technology Workshop 7 years
Young Masters
Renewal Fee
Children's Technology Workshop $1K
Young Masters


Business Experience Requirements

Experience
Children's Technology Workshop Industry experience General business experience Marketing skills Enthusiasm for technology, engineering, science
Young Masters

Financing Options

 
Franchise Fees
Children's Technology Workshop No
Young Masters No
Start-up Costs
Children's Technology Workshop
Young Masters
Equipment
Children's Technology Workshop}
Young Masters
Inventory
Children's Technology Workshop
Young Masters
Receivables
Children's Technology Workshop
Young Masters
Payroll
Children's Technology Workshop
Young Masters

Training & Support

Training
Children's Technology Workshop
Young Masters
Support
Children's Technology Workshop Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations
Young Masters
Marketing
Children's Technology Workshop Co-op advertising, Ad slicks, Regional advertising
Young Masters
Operations
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)
Young Masters

Expansion Plans

US Expansion
Children's Technology Workshop
Young Masters
Canada Expansion
Children's Technology Workshop
Young Masters
International Expansion
Children's Technology Workshop
Young Masters