Start-Up Costs and Fees |
||
| Ho Math & Chess Learning Centre | Discovery Point | |
| Investment | 1000 - 1000 | 405572 - 3443722 |
| Franchise Fee | 0 | |
| Royalty Fee | 0 | 4.7K-$6.5K/mo. |
| Advertising Fee | 1.8K/mo. | |
| Year Founded | 1995 | 1988 |
| Year Franchised | 2004 | 1990 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Ho Math & Chess Learning Centre | Discovery Point | |
| Experience | Marketing skills Teaching experience | |
Financing Options |
||
| Ho Math & Chess Learning Centre | Discovery Point | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Ho Math & Chess Learning Centre | Discovery Point | |
| Training | On-The-Job Training: 80 hours Classroom Training: 80 hours Additional Training: At existing center | |
| Support | Toll-free phone line, Purchasing cooperatives | Purchasing Co-ops Meetings/Conventions Grand Opening Online Support Field Operations Site Selection |
| Marketing | Co-op advertising | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
| Operations | Franchise can be run from home. Number of employees needed to run franchised unit: 1 - 1 Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators) | Number of Employees Required to Run: 35 |
Expansion Plans |
||
| Ho Math & Chess Learning Centre | Discovery Point | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Ho Math & Chess Learning Centre | |
| Discovery Point | |
| Franchise Fee | |
| Ho Math & Chess Learning Centre | |
| Discovery Point | |
| Royalty Fee | |
| Ho Math & Chess Learning Centre | 0 |
| Discovery Point | 4.7K-$6.5K/mo. |
| Advertising Fee | |
| Ho Math & Chess Learning Centre | |
| Discovery Point | 1.8K/mo. |
| Year Founded | |
| Ho Math & Chess Learning Centre | 1995 |
| Discovery Point | 1988 |
| Year Franchised | |
| Ho Math & Chess Learning Centre | 2004 |
| Discovery Point | 1990 |
| Term Of Agreement | |
| Ho Math & Chess Learning Centre | 1 year |
| Discovery Point | 20 years |
| Renewal Fee | |
| Ho Math & Chess Learning Centre | $2,000 |
| Discovery Point | |
Business Experience Requirements |
|
| Experience | |
| Ho Math & Chess Learning Centre | Marketing skills Teaching experience |
| Discovery Point | |
Financing Options |
|
| Franchise Fees | |
| Ho Math & Chess Learning Centre | No |
| Discovery Point | No |
| Start-up Costs | |
| Ho Math & Chess Learning Centre | |
| Discovery Point | |
| Equipment | |
| Ho Math & Chess Learning Centre} | |
| Discovery Point | |
| Inventory | |
| Ho Math & Chess Learning Centre | |
| Discovery Point | |
| Receivables | |
| Ho Math & Chess Learning Centre | |
| Discovery Point | |
| Payroll | |
| Ho Math & Chess Learning Centre | |
| Discovery Point | |
Training & Support |
|
| Training | |
| Ho Math & Chess Learning Centre | |
| Discovery Point | On-The-Job Training: 80 hours Classroom Training: 80 hours Additional Training: At existing center |
| Support | |
| Ho Math & Chess Learning Centre | Toll-free phone line, Purchasing cooperatives |
| Discovery Point | Purchasing Co-ops Meetings/Conventions Grand Opening Online Support Field Operations Site Selection |
| Marketing | |
| Ho Math & Chess Learning Centre | Co-op advertising |
| Discovery Point | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
| Operations | |
| Ho Math & Chess Learning Centre | Franchise can be run from home. Number of employees needed to run franchised unit: 1 - 1 Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators) |
| Discovery Point | Number of Employees Required to Run: 35 |
Expansion Plans |
|
| US Expansion | |
| Ho Math & Chess Learning Centre | |
| Discovery Point | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Ho Math & Chess Learning Centre | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| Discovery Point | |
| International Expansion | |
| Ho Math & Chess Learning Centre | |
| Discovery Point | |