Start-Up Costs and Fees |
||
| Tutor Time | Best in Class Education | |
| Investment | 355000 - 2800000 | 62800 - 121880 |
| Franchise Fee | ||
| Royalty Fee | 6% | 12% |
| Advertising Fee | 2% | |
| Year Founded | 1988 | 1988 |
| Year Franchised | 1990 | 2011 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Tutor Time | Best in Class Education | |
| Experience | General business experience Marketing skills | You do not necessarily need to be a teacher or hold a current teaching certificate to join the Best in Class franchise system. We do look for franchise owners who have Bachelor's Degrees or higher, and some experience in working with children. Franchisees should also have a passion for teaching or working with students, plus the right business/customer relations skills, and a solid work ethic. We also want franchise owners who will be dedicated to the operations and growth of their Best in Class Education Centers. |
Financing Options |
||
| Tutor Time | Best in Class Education | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Tutor Time | Best in Class Education | |
| Training | We will provide pre-opening training for franchisees for up to five days at our corporate headquarters, plus up to three days of onsite support during your initial months of operations. On-The-Job Training: 30 hours Classroom Training: 40 hours | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
| Operations | 33% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 - 30 Absentee ownership of franchise is allowed. (70% of current franchisees are owner/operators) | The Best in Class Education concept focuses on students of all ages, offering tailored teaching material that encourages them to learn at their own pace. By offering numerous courses, our franchisees benefit from multiple revenue streams. |
Expansion Plans |
||
| Tutor Time | Best in Class Education | |
| US Expansion | ||
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Tutor Time | |
| Best in Class Education | |
| Franchise Fee | |
| Tutor Time | |
| Best in Class Education | |
| Royalty Fee | |
| Tutor Time | 6% |
| Best in Class Education | 12% |
| Advertising Fee | |
| Tutor Time | |
| Best in Class Education | 2% |
| Year Founded | |
| Tutor Time | 1988 |
| Best in Class Education | 1988 |
| Year Franchised | |
| Tutor Time | 1990 |
| Best in Class Education | 2011 |
| Term Of Agreement | |
| Tutor Time | 15 years |
| Best in Class Education | 5 years +5+5+5 |
| Renewal Fee | |
| Tutor Time | $5K |
| Best in Class Education | |
Business Experience Requirements |
|
| Experience | |
| Tutor Time | General business experience Marketing skills |
| Best in Class Education | You do not necessarily need to be a teacher or hold a current teaching certificate to join the Best in Class franchise system. We do look for franchise owners who have Bachelor's Degrees or higher, and some experience in working with children. Franchisees should also have a passion for teaching or working with students, plus the right business/customer relations skills, and a solid work ethic. We also want franchise owners who will be dedicated to the operations and growth of their Best in Class Education Centers. |
Financing Options |
|
| Franchise Fees | |
| Tutor Time | No |
| Best in Class Education | No |
| Start-up Costs | |
| Tutor Time | |
| Best in Class Education | |
| Equipment | |
| Tutor Time} | |
| Best in Class Education | |
| Inventory | |
| Tutor Time | |
| Best in Class Education | |
| Receivables | |
| Tutor Time | |
| Best in Class Education | |
| Payroll | |
| Tutor Time | |
| Best in Class Education | |
Training & Support |
|
| Training | |
| Tutor Time | |
| Best in Class Education | We will provide pre-opening training for franchisees for up to five days at our corporate headquarters, plus up to three days of onsite support during your initial months of operations. On-The-Job Training: 30 hours Classroom Training: 40 hours |
| Support | |
| Tutor Time | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Best in Class Education | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software |
| Marketing | |
| Tutor Time | Co-op advertising, Ad slicks, National media, Regional advertising |
| Best in Class Education | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
| Operations | |
| Tutor Time | 33% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 - 30 Absentee ownership of franchise is allowed. (70% of current franchisees are owner/operators) |
| Best in Class Education | The Best in Class Education concept focuses on students of all ages, offering tailored teaching material that encourages them to learn at their own pace. By offering numerous courses, our franchisees benefit from multiple revenue streams. |
Expansion Plans |
|
| US Expansion | |
| Tutor Time | |
| Best in Class Education | |
| Canada Expansion | |
| Tutor Time | 0 |
| Best in Class Education | |
| International Expansion | |
| Tutor Time | |
| Best in Class Education | |