Start-Up Costs and Fees |
||
| FasTracKids | Goddard Systems | |
| Investment | 48117 - 203517 | 697100 - 863600 |
| Franchise Fee | 0 | |
| Royalty Fee | Variable | 7% |
| Advertising Fee | 3% | |
| Year Founded | 1998 | 1986 |
| Year Franchised | 1998 | 1988 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| FasTracKids | Goddard Systems | |
| Experience | General business experience Minimum Cash Injection: $150,000 | |
Financing Options |
||
| FasTracKids | Goddard Systems | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| FasTracKids | Goddard Systems | |
| Training | Think you need education experience to open a Goddard School franchise? Think again. Our team will teach you the skills you need to operate a high-quality preschool. Developed specifically for Goddard School teachers and directors, Goddard Systems University (GSU) provides training for faculty, too. Designed specifically for Goddard School teachers and directors, Goddard Systems University (GSU) provides ongoing training and faculty development. GSU’s exclusive training series coaches teachers in various areas, all of which focus on providing excellent care to children. To help reinforce the training GSU provides, our Quality Assurance (QA) team regularly reviews each School’s procedures and program performance. It also offers guidance on how to continuously improve each School for the benefit of the children and their families. On-The-Job Training: 400 hours Classroom Training: 138 hours Additional Training: IACET training for teachers & directors | |
| Support | Newsletter, Meetings, Internet | The beauty of The Goddard School model is that you go into business for yourself, not by yourself. Our team of knowledgeable professionals will assist you with everything from marketing to IT and more. Our leadership team consists of experts who guide The Goddard School Franchise while providing support to franchisees. Dedicated, Experienced, Knowledgeable. The goal of The Goddard School Franchise is to provide franchisees with an extensive support structure to ensure consistency of programs and services for our customers as well as to offer guidance to franchisees as they achieve their personal goals as business owners. Franchise Business Consultants (FBCs) from our Field Operations team regularly visit Schools and check in with franchisees to provide ongoing support. Each FBC is also available via email and phone to assist franchisees. A team of trained experts guides each franchisee through the opening process as well. |
| Marketing | Getting word out about your Goddard School franchise is crucial for lead generation and enrollment. Our Marketing, Advertising & PR department develops the marketing and advertising materials to help you create awareness of your School through radio, television, search engine marketing and more. | |
| Operations | 16% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 2 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 25 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
| FasTracKids | Goddard Systems | |
| 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 | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| FasTracKids | |
| Goddard Systems | |
| Franchise Fee | |
| FasTracKids | |
| Goddard Systems | |
| Royalty Fee | |
| FasTracKids | Variable |
| Goddard Systems | 7% |
| Advertising Fee | |
| FasTracKids | |
| Goddard Systems | 3% |
| Year Founded | |
| FasTracKids | 1998 |
| Goddard Systems | 1986 |
| Year Franchised | |
| FasTracKids | 1998 |
| Goddard Systems | 1988 |
| Term Of Agreement | |
| FasTracKids | 5 years |
| Goddard Systems | 15 years |
| Renewal Fee | |
| FasTracKids | $1K |
| Goddard Systems | |
Business Experience Requirements |
|
| Experience | |
| FasTracKids | |
| Goddard Systems | General business experience Minimum Cash Injection: $150,000 |
Financing Options |
|
| Franchise Fees | |
| FasTracKids | No |
| Goddard Systems | No |
| Start-up Costs | |
| FasTracKids | |
| Goddard Systems | |
| Equipment | |
| FasTracKids} | |
| Goddard Systems | |
| Inventory | |
| FasTracKids | |
| Goddard Systems | |
| Receivables | |
| FasTracKids | |
| Goddard Systems | |
| Payroll | |
| FasTracKids | |
| Goddard Systems | |
Training & Support |
|
| Training | |
| FasTracKids | |
| Goddard Systems | Think you need education experience to open a Goddard School franchise? Think again. Our team will teach you the skills you need to operate a high-quality preschool. Developed specifically for Goddard School teachers and directors, Goddard Systems University (GSU) provides training for faculty, too. Designed specifically for Goddard School teachers and directors, Goddard Systems University (GSU) provides ongoing training and faculty development. GSU’s exclusive training series coaches teachers in various areas, all of which focus on providing excellent care to children. To help reinforce the training GSU provides, our Quality Assurance (QA) team regularly reviews each School’s procedures and program performance. It also offers guidance on how to continuously improve each School for the benefit of the children and their families. On-The-Job Training: 400 hours Classroom Training: 138 hours Additional Training: IACET training for teachers & directors |
| Support | |
| FasTracKids | Newsletter, Meetings, Internet |
| Goddard Systems | The beauty of The Goddard School model is that you go into business for yourself, not by yourself. Our team of knowledgeable professionals will assist you with everything from marketing to IT and more. Our leadership team consists of experts who guide The Goddard School Franchise while providing support to franchisees. Dedicated, Experienced, Knowledgeable. The goal of The Goddard School Franchise is to provide franchisees with an extensive support structure to ensure consistency of programs and services for our customers as well as to offer guidance to franchisees as they achieve their personal goals as business owners. Franchise Business Consultants (FBCs) from our Field Operations team regularly visit Schools and check in with franchisees to provide ongoing support. Each FBC is also available via email and phone to assist franchisees. A team of trained experts guides each franchisee through the opening process as well. |
| Marketing | |
| FasTracKids | |
| Goddard Systems | Getting word out about your Goddard School franchise is crucial for lead generation and enrollment. Our Marketing, Advertising & PR department develops the marketing and advertising materials to help you create awareness of your School through radio, television, search engine marketing and more. |
| Operations | |
| FasTracKids | 16% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 2 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
| Goddard Systems | 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 25 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| FasTracKids | |
| Goddard Systems | 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 | |
| FasTracKids | |
| Goddard Systems | 0 |
| International Expansion | |
| FasTracKids | |
| Goddard Systems | |