Start-Up Costs and Fees |
||
| Lightbridge Academy | Ivy Kids Systems | |
| Investment | 549228 - 5054735 | 0 - 0 |
| Franchise Fee | 0 | |
| Royalty Fee | 7% | |
| Advertising Fee | 2% | |
| Year Founded | 1997 | 2002 |
| Year Franchised | 2011 | 2016 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Lightbridge Academy | Ivy Kids Systems | |
| Experience | ||
Financing Options |
||
| Lightbridge Academy | Ivy Kids Systems | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Lightbridge Academy | Ivy Kids Systems | |
| Training | On-The-Job Training: 28 hours Classroom Training: 128 hours Additional Training: Ongoing | - Corporate based in classroom training and pre-opening location based training - Specific instruction for owner, center director and education director - Assistance in licensing, opening, staff development and retention - Dedicated training of all new teachers and refresher training for long term staff - Guidance for implementing effective grand opening, open house events and community-orientated activities |
| Support | 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 Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 32 | |
Expansion Plans |
||
| Lightbridge Academy | Ivy Kids Systems | |
| US Expansion | Florida, Georgia, North Carolina, Ohio, Tennessee, Texas | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Lightbridge Academy | |
| Ivy Kids Systems | |
| Franchise Fee | |
| Lightbridge Academy | |
| Ivy Kids Systems | |
| Royalty Fee | |
| Lightbridge Academy | 7% |
| Ivy Kids Systems | |
| Advertising Fee | |
| Lightbridge Academy | 2% |
| Ivy Kids Systems | |
| Year Founded | |
| Lightbridge Academy | 1997 |
| Ivy Kids Systems | 2002 |
| Year Franchised | |
| Lightbridge Academy | 2011 |
| Ivy Kids Systems | 2016 |
| Term Of Agreement | |
| Lightbridge Academy | |
| Ivy Kids Systems | |
| Renewal Fee | |
| Lightbridge Academy | |
| Ivy Kids Systems | |
Business Experience Requirements |
|
| Experience | |
| Lightbridge Academy | |
| Ivy Kids Systems | |
Financing Options |
|
| Franchise Fees | |
| Lightbridge Academy | |
| Ivy Kids Systems | |
| Start-up Costs | |
| Lightbridge Academy | |
| Ivy Kids Systems | |
| Equipment | |
| Lightbridge Academy} | |
| Ivy Kids Systems | |
| Inventory | |
| Lightbridge Academy | |
| Ivy Kids Systems | |
| Receivables | |
| Lightbridge Academy | |
| Ivy Kids Systems | |
| Payroll | |
| Lightbridge Academy | |
| Ivy Kids Systems | |
Training & Support |
|
| Training | |
| Lightbridge Academy | On-The-Job Training: 28 hours Classroom Training: 128 hours Additional Training: Ongoing |
| Ivy Kids Systems | - Corporate based in classroom training and pre-opening location based training - Specific instruction for owner, center director and education director - Assistance in licensing, opening, staff development and retention - Dedicated training of all new teachers and refresher training for long term staff - Guidance for implementing effective grand opening, open house events and community-orientated activities |
| Support | |
| 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 |
| Ivy Kids Systems | |
| Marketing | |
| Lightbridge Academy | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Ivy Kids Systems | |
| Operations | |
| Lightbridge Academy | Absentee Ownership Allowed Number of Employees Required to Run: 32 |
| Ivy Kids Systems | |
Expansion Plans |
|
| US Expansion | |
| Lightbridge Academy | |
| Ivy Kids Systems | Florida, Georgia, North Carolina, Ohio, Tennessee, Texas |
| Canada Expansion | |
| Lightbridge Academy | |
| Ivy Kids Systems | |
| International Expansion | |
| Lightbridge Academy | |
| Ivy Kids Systems | |