Start-Up Costs and Fees |
||
| Children's Technology Workshop | Parker-Anderson Enrichment | |
| Investment | 81000 - 105000 | 15980 - 81100 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 8% |
| Advertising Fee | ||
| Year Founded | 1997 | 2005 |
| Year Franchised | 2004 | 2014 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Children's Technology Workshop | Parker-Anderson Enrichment | |
| Experience | Industry experience General business experience Marketing skills Enthusiasm for technology, engineering, science | |
Financing Options |
||
| Children's Technology Workshop | Parker-Anderson Enrichment | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Children's Technology Workshop | Parker-Anderson Enrichment | |
| Training | On-The-Job Training: 2-6 hours Classroom Training: 18-22 hours Additional Training: Oline training | |
| Support | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations | Meetings/Conventions Toll-Free Line Online Support |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | National Media Website development |
| 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: 1 - 4 |
Expansion Plans |
||
| Children's Technology Workshop | Parker-Anderson Enrichment | |
| 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 | |
| Parker-Anderson Enrichment | |
| Franchise Fee | |
| Children's Technology Workshop | |
| Parker-Anderson Enrichment | |
| Royalty Fee | |
| Children's Technology Workshop | 6% |
| Parker-Anderson Enrichment | 8% |
| Advertising Fee | |
| Children's Technology Workshop | |
| Parker-Anderson Enrichment | |
| Year Founded | |
| Children's Technology Workshop | 1997 |
| Parker-Anderson Enrichment | 2005 |
| Year Franchised | |
| Children's Technology Workshop | 2004 |
| Parker-Anderson Enrichment | 2014 |
| Term Of Agreement | |
| Children's Technology Workshop | 7 years |
| Parker-Anderson Enrichment | |
| Renewal Fee | |
| Children's Technology Workshop | $1K |
| Parker-Anderson Enrichment | |
Business Experience Requirements |
|
| Experience | |
| Children's Technology Workshop | Industry experience General business experience Marketing skills Enthusiasm for technology, engineering, science |
| Parker-Anderson Enrichment | |
Financing Options |
|
| Franchise Fees | |
| Children's Technology Workshop | No |
| Parker-Anderson Enrichment | No |
| Start-up Costs | |
| Children's Technology Workshop | |
| Parker-Anderson Enrichment | |
| Equipment | |
| Children's Technology Workshop} | |
| Parker-Anderson Enrichment | |
| Inventory | |
| Children's Technology Workshop | |
| Parker-Anderson Enrichment | |
| Receivables | |
| Children's Technology Workshop | |
| Parker-Anderson Enrichment | |
| Payroll | |
| Children's Technology Workshop | |
| Parker-Anderson Enrichment | |
Training & Support |
|
| Training | |
| Children's Technology Workshop | |
| Parker-Anderson Enrichment | On-The-Job Training: 2-6 hours Classroom Training: 18-22 hours Additional Training: Oline training |
| Support | |
| Children's Technology Workshop | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations |
| Parker-Anderson Enrichment | Meetings/Conventions Toll-Free Line Online Support |
| Marketing | |
| Children's Technology Workshop | Co-op advertising, Ad slicks, Regional advertising |
| Parker-Anderson Enrichment | National Media Website development |
| 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) |
| Parker-Anderson Enrichment | Number of Employees Required to Run: 1 - 4 |
Expansion Plans |
|
| US Expansion | |
| Children's Technology Workshop | |
| Parker-Anderson Enrichment | 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 | |
| Parker-Anderson Enrichment | |
| International Expansion | |
| Children's Technology Workshop | |
| Parker-Anderson Enrichment | |