Children's Technology Workshop vs Ivybrook Academy Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Children's Technology Workshop vs Ivybrook Academy including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
  Children's Technology Workshop Ivybrook Academy
Investment 81000 - 105000 310700 - 440200
Franchise Fee 0
Royalty Fee 6% 6%
Advertising Fee 1%
Year Founded 1997 2007
Year Franchised 2004 2016
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Children's Technology Workshop Ivybrook Academy
Experience Industry experience General business experience Marketing skills Enthusiasm for technology, engineering, science 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
  Children's Technology Workshop Ivybrook Academy
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support
  Children's Technology Workshop 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 Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations 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, Ad slicks, Regional advertising National Media Social media SEO Website development Email marketing
Operations Franchise can be run from home. 20% of all franchisees own more than one unit Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) Number of Employees Required to Run: 15

Expansion Plans
  Children's Technology Workshop 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
International Expansion

Start-Up Costs and Fees Mobile
Investment
Children's Technology Workshop
Ivybrook Academy
Franchise Fee
Children's Technology Workshop
Ivybrook Academy
Royalty Fee
Children's Technology Workshop 6%
Ivybrook Academy 6%
Advertising Fee
Children's Technology Workshop
Ivybrook Academy 1%
Year Founded
Children's Technology Workshop 1997
Ivybrook Academy 2007
Year Franchised
Children's Technology Workshop 2004
Ivybrook Academy 2016
Term Of Agreement
Children's Technology Workshop 7 years
Ivybrook Academy
Renewal Fee
Children's Technology Workshop $1K
Ivybrook Academy


Business Experience Requirements
Experience
Children's Technology Workshop Industry experience General business experience Marketing skills Enthusiasm for technology, engineering, science
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
Children's Technology Workshop No
Ivybrook Academy No
Start-up Costs
Children's Technology Workshop
Ivybrook Academy
Equipment
Children's Technology Workshop}
Ivybrook Academy
Inventory
Children's Technology Workshop
Ivybrook Academy
Receivables
Children's Technology Workshop
Ivybrook Academy
Payroll
Children's Technology Workshop
Ivybrook Academy

Training & Support
Training
Children's Technology Workshop
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
Children's Technology Workshop Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations
Ivybrook Academy Purchasing Co-ops Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing
Children's Technology Workshop Co-op advertising, Ad slicks, Regional advertising
Ivybrook Academy National Media Social media SEO Website development Email marketing
Operations
Children's Technology Workshop Franchise can be run from home. 20% of all franchisees own more than one unit Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)
Ivybrook Academy Number of Employees Required to Run: 15

Expansion Plans
US Expansion
Children's Technology Workshop
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
Children's Technology Workshop
Ivybrook Academy
International Expansion
Children's Technology Workshop
Ivybrook Academy