Start-Up Costs and Fees |
||
| Ho Math & Chess Learning Centre | Ivybrook Academy | |
| Investment | 1000 - 1000 | 310700 - 440200 |
| Franchise Fee | 0 | |
| Royalty Fee | 0 | 6% |
| Advertising Fee | 1% | |
| Year Founded | 1995 | 2007 |
| Year Franchised | 2004 | 2016 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Ho Math & Chess Learning Centre | Ivybrook Academy | |
| Experience | Marketing skills Teaching experience | Compassionate and caring, ready to help our students learn Able to work with both students and their parents " both our --customers-- Motivated to build a team and student enrollment Accepts and embodies the Ivybrook Academy mission |
Financing Options |
||
| Ho Math & Chess Learning Centre | Ivybrook Academy | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Ho Math & Chess Learning Centre | Ivybrook Academy | |
| Training | We provide over 120 hours in person for you to get up and running before you even open and it doesn t stop there. Here is a list of how we are DETERMINED to set you up for SUCCESS: Before Opening - 2 weeks of training both at our corporate location and at your school s location Opening Month- Our team will be with you the entire week prior to opening as well as your first week of operation. After Opening- Regular visits, calls and open lines of communication are important for everyone s success! On-The-Job Training: 46 hours Classroom Training: 66 hours | |
| Support | Toll-free phone line, Purchasing cooperatives | Purchasing Co-ops Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Co-op advertising | National Media 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: 15 |
Expansion Plans |
||
| Ho Math & Chess Learning Centre | Ivybrook Academy | |
| 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 | |
| Ivybrook Academy | |
| Franchise Fee | |
| Ho Math & Chess Learning Centre | |
| Ivybrook Academy | |
| Royalty Fee | |
| Ho Math & Chess Learning Centre | 0 |
| Ivybrook Academy | 6% |
| Advertising Fee | |
| Ho Math & Chess Learning Centre | |
| Ivybrook Academy | 1% |
| Year Founded | |
| Ho Math & Chess Learning Centre | 1995 |
| Ivybrook Academy | 2007 |
| Year Franchised | |
| Ho Math & Chess Learning Centre | 2004 |
| Ivybrook Academy | 2016 |
| Term Of Agreement | |
| Ho Math & Chess Learning Centre | 1 year |
| Ivybrook Academy | |
| Renewal Fee | |
| Ho Math & Chess Learning Centre | $2,000 |
| Ivybrook Academy | |
Business Experience Requirements |
|
| Experience | |
| Ho Math & Chess Learning Centre | Marketing skills Teaching experience |
| Ivybrook Academy | Compassionate and caring, ready to help our students learn Able to work with both students and their parents " both our --customers-- Motivated to build a team and student enrollment Accepts and embodies the Ivybrook Academy mission |
Financing Options |
|
| Franchise Fees | |
| Ho Math & Chess Learning Centre | No |
| Ivybrook Academy | No |
| Start-up Costs | |
| Ho Math & Chess Learning Centre | |
| Ivybrook Academy | |
| Equipment | |
| Ho Math & Chess Learning Centre} | |
| Ivybrook Academy | |
| Inventory | |
| Ho Math & Chess Learning Centre | |
| Ivybrook Academy | |
| Receivables | |
| Ho Math & Chess Learning Centre | |
| Ivybrook Academy | |
| Payroll | |
| Ho Math & Chess Learning Centre | |
| Ivybrook Academy | |
Training & Support |
|
| Training | |
| Ho Math & Chess Learning Centre | |
| Ivybrook Academy | We provide over 120 hours in person for you to get up and running before you even open and it doesn t stop there. Here is a list of how we are DETERMINED to set you up for SUCCESS: Before Opening - 2 weeks of training both at our corporate location and at your school s location Opening Month- Our team will be with you the entire week prior to opening as well as your first week of operation. After Opening- Regular visits, calls and open lines of communication are important for everyone s success! On-The-Job Training: 46 hours Classroom Training: 66 hours |
| Support | |
| Ho Math & Chess Learning Centre | Toll-free phone line, Purchasing cooperatives |
| Ivybrook Academy | Purchasing Co-ops Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Ho Math & Chess Learning Centre | Co-op advertising |
| Ivybrook Academy | National Media 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) |
| Ivybrook Academy | Number of Employees Required to Run: 15 |
Expansion Plans |
|
| US Expansion | |
| Ho Math & Chess Learning Centre | |
| Ivybrook Academy | 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 |
| Ivybrook Academy | |
| International Expansion | |
| Ho Math & Chess Learning Centre | |
| Ivybrook Academy | |