Start-Up Costs and Fees |
||
| Lightbridge Academy | Tutu School | |
| Investment | 549228 - 5054735 | 73700 - 135200 |
| Franchise Fee | ||
| Royalty Fee | 7% | 5% |
| Advertising Fee | 2% | 1% |
| Year Founded | 1997 | 2008 |
| Year Franchised | 2011 | 2012 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Lightbridge Academy | Tutu School | |
| Experience | ||
Financing Options |
||
| Lightbridge Academy | Tutu School | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Lightbridge Academy | Tutu School | |
| Training | On-The-Job Training: 28 hours Classroom Training: 128 hours Additional Training: Ongoing | On-The-Job Training: 74 hours Classroom Training: 17 hours |
| 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 | Newsletter Meetings Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | Ad Templates Regional Advertising Social media Website development Email marketing |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 32 | Number of Employees Required to Run: 2 |
Expansion Plans |
||
| Lightbridge Academy | Tutu School | |
| 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 | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Lightbridge Academy | |
| Tutu School | |
| Franchise Fee | |
| Lightbridge Academy | |
| Tutu School | |
| Royalty Fee | |
| Lightbridge Academy | 7% |
| Tutu School | 5% |
| Advertising Fee | |
| Lightbridge Academy | 2% |
| Tutu School | 1% |
| Year Founded | |
| Lightbridge Academy | 1997 |
| Tutu School | 2008 |
| Year Franchised | |
| Lightbridge Academy | 2011 |
| Tutu School | 2012 |
| Term Of Agreement | |
| Lightbridge Academy | |
| Tutu School | |
| Renewal Fee | |
| Lightbridge Academy | |
| Tutu School | |
Business Experience Requirements |
|
| Experience | |
| Lightbridge Academy | |
| Tutu School | |
Financing Options |
|
| Franchise Fees | |
| Lightbridge Academy | |
| Tutu School | |
| Start-up Costs | |
| Lightbridge Academy | |
| Tutu School | |
| Equipment | |
| Lightbridge Academy} | |
| Tutu School | |
| Inventory | |
| Lightbridge Academy | |
| Tutu School | |
| Receivables | |
| Lightbridge Academy | |
| Tutu School | |
| Payroll | |
| Lightbridge Academy | |
| Tutu School | |
Training & Support |
|
| Training | |
| Lightbridge Academy | On-The-Job Training: 28 hours Classroom Training: 128 hours Additional Training: Ongoing |
| Tutu School | On-The-Job Training: 74 hours Classroom Training: 17 hours |
| 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 |
| Tutu School | Newsletter Meetings Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software |
| Marketing | |
| Lightbridge Academy | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Tutu School | Ad Templates Regional Advertising Social media Website development Email marketing |
| Operations | |
| Lightbridge Academy | Absentee Ownership Allowed Number of Employees Required to Run: 32 |
| Tutu School | Number of Employees Required to Run: 2 |
Expansion Plans |
|
| US Expansion | |
| Lightbridge Academy | |
| Tutu School | 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 | |
| Lightbridge Academy | |
| Tutu School | |
| International Expansion | |
| Lightbridge Academy | |
| Tutu School | |