Start-Up Costs and Fees |
||
| Kidcreate Studio | Lightbridge Academy | |
| Investment | 108860 - 261350 | 549228 - 5054735 |
| Franchise Fee | ||
| Royalty Fee | 8% | 7% |
| Advertising Fee | 1% | 2% |
| Year Founded | 2007 | 1997 |
| Year Franchised | 2016 | 2011 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Kidcreate Studio | Lightbridge Academy | |
| Experience | ||
Financing Options |
||
| Kidcreate Studio | Lightbridge Academy | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Kidcreate Studio | Lightbridge Academy | |
| Training | On-The-Job Training: 73 hours Classroom Training: 38 hours Additional Training: As needed | On-The-Job Training: 28 hours Classroom Training: 128 hours Additional Training: Ongoing |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | 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 | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | Number of Employees Required to Run: 4 - 12 | Absentee Ownership Allowed Number of Employees Required to Run: 32 |
Expansion Plans |
||
| Kidcreate Studio | Lightbridge 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 | |
| Kidcreate Studio | |
| Lightbridge Academy | |
| Franchise Fee | |
| Kidcreate Studio | |
| Lightbridge Academy | |
| Royalty Fee | |
| Kidcreate Studio | 8% |
| Lightbridge Academy | 7% |
| Advertising Fee | |
| Kidcreate Studio | 1% |
| Lightbridge Academy | 2% |
| Year Founded | |
| Kidcreate Studio | 2007 |
| Lightbridge Academy | 1997 |
| Year Franchised | |
| Kidcreate Studio | 2016 |
| Lightbridge Academy | 2011 |
| Term Of Agreement | |
| Kidcreate Studio | |
| Lightbridge Academy | |
| Renewal Fee | |
| Kidcreate Studio | |
| Lightbridge Academy | |
Business Experience Requirements |
|
| Experience | |
| Kidcreate Studio | |
| Lightbridge Academy | |
Financing Options |
|
| Franchise Fees | |
| Kidcreate Studio | |
| Lightbridge Academy | |
| Start-up Costs | |
| Kidcreate Studio | |
| Lightbridge Academy | |
| Equipment | |
| Kidcreate Studio} | |
| Lightbridge Academy | |
| Inventory | |
| Kidcreate Studio | |
| Lightbridge Academy | |
| Receivables | |
| Kidcreate Studio | |
| Lightbridge Academy | |
| Payroll | |
| Kidcreate Studio | |
| Lightbridge Academy | |
Training & Support |
|
| Training | |
| Kidcreate Studio | On-The-Job Training: 73 hours Classroom Training: 38 hours Additional Training: As needed |
| Lightbridge Academy | On-The-Job Training: 28 hours Classroom Training: 128 hours Additional Training: Ongoing |
| Support | |
| Kidcreate Studio | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| 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 | |
| Kidcreate Studio | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Lightbridge Academy | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Kidcreate Studio | Number of Employees Required to Run: 4 - 12 |
| Lightbridge Academy | Absentee Ownership Allowed Number of Employees Required to Run: 32 |
Expansion Plans |
|
| US Expansion | |
| Kidcreate Studio | 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 |
| Lightbridge Academy | |
| Canada Expansion | |
| Kidcreate Studio | |
| Lightbridge Academy | |
| International Expansion | |
| Kidcreate Studio | |
| Lightbridge Academy | |