Start-Up Costs and Fees |
||
| Ho Math & Chess Learning Centre | Lightbridge Academy | |
| Investment | 1000 - 1000 | 549228 - 5054735 |
| Franchise Fee | 0 | |
| Royalty Fee | 0 | 7% |
| Advertising Fee | 2% | |
| Year Founded | 1995 | 1997 |
| Year Franchised | 2004 | 2011 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Ho Math & Chess Learning Centre | Lightbridge Academy | |
| Experience | Marketing skills Teaching experience | |
Financing Options |
||
| Ho Math & Chess Learning Centre | Lightbridge Academy | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Ho Math & Chess Learning Centre | Lightbridge Academy | |
| Training | On-The-Job Training: 28 hours Classroom Training: 128 hours Additional Training: Ongoing | |
| Support | Toll-free phone line, Purchasing cooperatives | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Co-op advertising | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| 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) | Absentee Ownership Allowed Number of Employees Required to Run: 32 |
Expansion Plans |
||
| Ho Math & Chess Learning Centre | Lightbridge Academy | |
| US Expansion | ||
| 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 | |
| Lightbridge Academy | |
| Franchise Fee | |
| Ho Math & Chess Learning Centre | |
| Lightbridge Academy | |
| Royalty Fee | |
| Ho Math & Chess Learning Centre | 0 |
| Lightbridge Academy | 7% |
| Advertising Fee | |
| Ho Math & Chess Learning Centre | |
| Lightbridge Academy | 2% |
| Year Founded | |
| Ho Math & Chess Learning Centre | 1995 |
| Lightbridge Academy | 1997 |
| Year Franchised | |
| Ho Math & Chess Learning Centre | 2004 |
| Lightbridge Academy | 2011 |
| Term Of Agreement | |
| Ho Math & Chess Learning Centre | 1 year |
| Lightbridge Academy | |
| Renewal Fee | |
| Ho Math & Chess Learning Centre | $2,000 |
| Lightbridge Academy | |
Business Experience Requirements |
|
| Experience | |
| Ho Math & Chess Learning Centre | Marketing skills Teaching experience |
| Lightbridge Academy | |
Financing Options |
|
| Franchise Fees | |
| Ho Math & Chess Learning Centre | No |
| Lightbridge Academy | No |
| Start-up Costs | |
| Ho Math & Chess Learning Centre | |
| Lightbridge Academy | |
| Equipment | |
| Ho Math & Chess Learning Centre} | |
| Lightbridge Academy | |
| Inventory | |
| Ho Math & Chess Learning Centre | |
| Lightbridge Academy | |
| Receivables | |
| Ho Math & Chess Learning Centre | |
| Lightbridge Academy | |
| Payroll | |
| Ho Math & Chess Learning Centre | |
| Lightbridge Academy | |
Training & Support |
|
| Training | |
| Ho Math & Chess Learning Centre | |
| Lightbridge Academy | On-The-Job Training: 28 hours Classroom Training: 128 hours Additional Training: Ongoing |
| Support | |
| Ho Math & Chess Learning Centre | Toll-free phone line, Purchasing cooperatives |
| Lightbridge Academy | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line 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 |
| Lightbridge Academy | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| 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) |
| Lightbridge Academy | Absentee Ownership Allowed Number of Employees Required to Run: 32 |
Expansion Plans |
|
| US Expansion | |
| Ho Math & Chess Learning Centre | |
| Lightbridge Academy | |
| 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 |
| Lightbridge Academy | |
| International Expansion | |
| Ho Math & Chess Learning Centre | |
| Lightbridge Academy | |