Start-Up Costs and Fees |
||
| Tutu School | Lightbridge Academy | |
| Investment | 73700 - 135200 | 549228 - 5054735 |
| Franchise Fee | ||
| Royalty Fee | 5% | 7% |
| Advertising Fee | 1% | 2% |
| Year Founded | 2008 | 1997 |
| Year Franchised | 2012 | 2011 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Tutu School | Lightbridge Academy | |
| Experience | ||
Financing Options |
||
| Tutu School | Lightbridge Academy | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Tutu School | Lightbridge Academy | |
| Training | On-The-Job Training: 74 hours Classroom Training: 17 hours | On-The-Job Training: 28 hours Classroom Training: 128 hours Additional Training: Ongoing |
| Support | Newsletter Meetings Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software | 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 Regional Advertising Social media Website development Email marketing | 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: 2 | Absentee Ownership Allowed Number of Employees Required to Run: 32 |
Expansion Plans |
||
| Tutu School | 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 | |
| Tutu School | |
| Lightbridge Academy | |
| Franchise Fee | |
| Tutu School | |
| Lightbridge Academy | |
| Royalty Fee | |
| Tutu School | 5% |
| Lightbridge Academy | 7% |
| Advertising Fee | |
| Tutu School | 1% |
| Lightbridge Academy | 2% |
| Year Founded | |
| Tutu School | 2008 |
| Lightbridge Academy | 1997 |
| Year Franchised | |
| Tutu School | 2012 |
| Lightbridge Academy | 2011 |
| Term Of Agreement | |
| Tutu School | |
| Lightbridge Academy | |
| Renewal Fee | |
| Tutu School | |
| Lightbridge Academy | |
Business Experience Requirements |
|
| Experience | |
| Tutu School | |
| Lightbridge Academy | |
Financing Options |
|
| Franchise Fees | |
| Tutu School | |
| Lightbridge Academy | |
| Start-up Costs | |
| Tutu School | |
| Lightbridge Academy | |
| Equipment | |
| Tutu School} | |
| Lightbridge Academy | |
| Inventory | |
| Tutu School | |
| Lightbridge Academy | |
| Receivables | |
| Tutu School | |
| Lightbridge Academy | |
| Payroll | |
| Tutu School | |
| Lightbridge Academy | |
Training & Support |
|
| Training | |
| Tutu School | On-The-Job Training: 74 hours Classroom Training: 17 hours |
| Lightbridge Academy | On-The-Job Training: 28 hours Classroom Training: 128 hours Additional Training: Ongoing |
| Support | |
| Tutu School | Newsletter Meetings Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software |
| 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 | |
| Tutu School | Ad Templates Regional Advertising Social media Website development Email marketing |
| Lightbridge Academy | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Tutu School | Number of Employees Required to Run: 2 |
| Lightbridge Academy | Absentee Ownership Allowed Number of Employees Required to Run: 32 |
Expansion Plans |
|
| US Expansion | |
| Tutu School | 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 | |
| Tutu School | |
| Lightbridge Academy | |
| International Expansion | |
| Tutu School | |
| Lightbridge Academy | |