Start-Up Costs and Fees |
||
| Children's Technology Workshop | Lightbridge Academy | |
| Investment | 81000 - 105000 | 549228 - 5054735 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 7% |
| Advertising Fee | 2% | |
| Year Founded | 1997 | 1997 |
| Year Franchised | 2004 | 2011 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Children's Technology Workshop | Lightbridge Academy | |
| Experience | Industry experience General business experience Marketing skills Enthusiasm for technology, engineering, science | |
Financing Options |
||
| Children's Technology Workshop | Lightbridge Academy | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Children's Technology Workshop | Lightbridge Academy | |
| Training | On-The-Job Training: 28 hours Classroom Training: 128 hours Additional Training: Ongoing | |
| Support | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations | 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 slicks, Regional 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. 20% of all franchisees own more than one unit Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | Absentee Ownership Allowed Number of Employees Required to Run: 32 |
Expansion Plans |
||
| Children's Technology Workshop | Lightbridge Academy | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Children's Technology Workshop | |
| Lightbridge Academy | |
| Franchise Fee | |
| Children's Technology Workshop | |
| Lightbridge Academy | |
| Royalty Fee | |
| Children's Technology Workshop | 6% |
| Lightbridge Academy | 7% |
| Advertising Fee | |
| Children's Technology Workshop | |
| Lightbridge Academy | 2% |
| Year Founded | |
| Children's Technology Workshop | 1997 |
| Lightbridge Academy | 1997 |
| Year Franchised | |
| Children's Technology Workshop | 2004 |
| Lightbridge Academy | 2011 |
| Term Of Agreement | |
| Children's Technology Workshop | 7 years |
| Lightbridge Academy | |
| Renewal Fee | |
| Children's Technology Workshop | $1K |
| Lightbridge Academy | |
Business Experience Requirements |
|
| Experience | |
| Children's Technology Workshop | Industry experience General business experience Marketing skills Enthusiasm for technology, engineering, science |
| Lightbridge Academy | |
Financing Options |
|
| Franchise Fees | |
| Children's Technology Workshop | No |
| Lightbridge Academy | No |
| Start-up Costs | |
| Children's Technology Workshop | |
| Lightbridge Academy | |
| Equipment | |
| Children's Technology Workshop} | |
| Lightbridge Academy | |
| Inventory | |
| Children's Technology Workshop | |
| Lightbridge Academy | |
| Receivables | |
| Children's Technology Workshop | |
| Lightbridge Academy | |
| Payroll | |
| Children's Technology Workshop | |
| Lightbridge Academy | |
Training & Support |
|
| Training | |
| Children's Technology Workshop | |
| Lightbridge Academy | On-The-Job Training: 28 hours Classroom Training: 128 hours Additional Training: Ongoing |
| Support | |
| Children's Technology Workshop | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations |
| 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 | |
| Children's Technology Workshop | Co-op advertising, Ad slicks, Regional advertising |
| Lightbridge Academy | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| 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) |
| Lightbridge Academy | Absentee Ownership Allowed Number of Employees Required to Run: 32 |
Expansion Plans |
|
| US Expansion | |
| Children's Technology Workshop | |
| Lightbridge Academy | |
| Canada Expansion | |
| Children's Technology Workshop | |
| Lightbridge Academy | |
| International Expansion | |
| Children's Technology Workshop | |
| Lightbridge Academy | |