STEM For Kids Franchise FAQ

Evaluating any business opportunity takes effort and time. We have taken the effort and time to address some of the most frequently asked questions. Take a look to learn more about the STEM For Kids® franchise opportunity. If your question is not listed here, feel free to contact us and we will be happy to address your question.

FREQUENTLY ASKED QUESTIONS

How will I make money as a STEM For Kids Franchisee?

As a STEM For Kids franchisee, you will be able to offer STEM / STEAM programs to school age children throughout the year… it doesn’t matter whether children are in school or outside of school. Programs are delivered as:

  • after-school programs (at schools or in standalone centers)
  • in-school field trips (during the school day)
  • evening and weekend classes; STEM Saturdays / STEM Sundays
  • summer camps (full day camps and/or half day camps)
  • Inter-sessions camps (spring break, winter break, track-out camps)
  • special holiday programs
  • teacher workday or early release day programs
  • programs for homeschool groups
  • merit badge programs for Girl Scouts / Boy Scouts
  • in-company programs and more

There are many educational franchises available. Why STEM For Kids?

STEM For Kids offers the most comprehensive portfolio of STEM / STEAM curricula for kids. Moreover, we are growing that portfolio aggressively unlike our competition.

We currently have 38 different courses in varied topics of engineering, robotics, automation, computer programming / coding, bio-medicine and entrepreneurship totaling about 1000 hours of instruction and growing! See the details on our programs page.

In education industry, curriculum content is the king. Look for franchises that provide you a curriculum portfolio that is strong  and growing so that you can generate repeat and new sales with fresh programs.

Looking beyond the strong curriculum portfolio, what are your other advantages?

  • We provide territories custom fitted to your taste.
  • Our business model does not require you to lease a dedicated retail space. Keep your costs low and scale as you grow. We show you the way.
  • Our brand recognition and momentum is another salient point. our programs are offered in 96+ programming sites.
  • Coming back to curriculum, born and raised with industry, STEM For Kids is unique in its strong ties to the real world of STEM. Programs are designed to specifically address “so what” in a hands-on way. We seamlessly integrate critical life skills – the 4Cs of Communication, Collaboration, Critical Thinking and Creativity – in each program.

Do you offer any special incentives?

Yes. We are currently offering incentives to veterans, qualified teachers and recent college graduates. Also, everyone can enjoy our multiple territory discounts. See available incentives

What is included in the initial investment estimate?

The initial investment includes the following: the initial franchise fees, cost of equipment for your business office, cost of programming equipment, miscellaneous opening costs (legal, accounting, business insurance, marketing, etc.) and an estimate for 3-months of post-launch expenditures. You will find item details in our Franchise Disclosure Document (FDD). FDD is made available to you after you authorize its release with a signed form. The form can be downloaded here.

Lately, I have been hearing about STEAM. What is it? Do you do STEAM?

STEAM is Science, Technology, Engineering, Arts and Math. Proponents of a balance of art with sciences have coined this term. Yes, we do STEAM. Our STEM based curricula includes a seamless integration of 4Cs – Communication, Collaboration, Critical Thinking and Creativity – these are included so that children experience arts with STEM including language arts, history, creative expression using drawing, coloring, painting, role play, story-telling, etc. See our founder’s blog post (To STEM or To STEAM?) for more details.

Will I conduct classes at my home?

No. The STEM For Kids home-based business model implies that you can operate your general administration and business management from your home office or any office of your choosing. Programs conducted with children are delivered at various approved sites like schools, faith-based centers or other community spaces.

Does STEM For Kids provide financing?

At STEM For Kids, we are committed to providing our franchisees with resources to enable you to own and operate your business. A strong financial plan is a big part of that. We have enlisted the expertise of Finance Store to assist our franchisees with ins and outs of funding their business.

Am I required to have a STEM degree to qualify as a franchisee?

A degree in STEM education would be beneficial to you in running a STEM For Kids franchise. It is not required though. Take a look at our franchisee qualification criteria.

I took a break from work / decided to be a stay at home mom/dad. Now I want to get back to work. Is this a good opportunity for me?

Congratulations for considering bringing your skills back to the economy. Take a look at our Back To Work information.

I am a new college graduate. I am just entering workforce or I have worked for only a few years. Is this a good opportunity for me?

Your fresh perspectives and energy are needed to create excitement about STEM in communities. Take a look at our Millennials information.

I am seeking a career change. What opportunity do I have?

We wish you the best as you explore new career paths for you. Take a look at our Career Change information.

How do the royalty minimums work?

Your royalty dues are always 7% of gross sales. Monthly minimum royalty comes into effect only if your 7% of gross sales comes out to be lower than the minimum. When you start as a franchisee, your monthly minimum royalty is $350. As you grow to the Intermediate Level, your monthly minimum rises to $500 and then to $700 at the Advanced Level.

Monthly minimums do not apply to the first three months after contract signing.

How is the territory defined?

We define a territory by a grouping of zipcodes (in USA), county or MSAs. With one territory, you get zipcodes that add up to one hundred thousand in population density.

You can go over one territory by using our multi-territory incentive. You get, territories 2 -5 for just $5,000 each and territory 6 and up, pay only $4,500 each!

Our territories are protected and we will not sell another STEM For Kids franchise in your territory.

What do I get for the initial franchising fee and royalty?

We have an operation system and training devised to help you hit the ground running as you convert your dreams to reality. Following is a listing of some of the things covered by your fees:

  • Initial training to setup and operate your business.
  • Access to our proprietary Territory Management Process that provides you detailed operating procedures for conducting your STEM For Kids business. Covering all aspects of business including initial go-to market planning, organizational planning, site selection, business development, marketing, hiring, operations, accounting templates, IT/technology setup, program administration, lead management/conversion and customer relations.
  • Help with devising your “beachhead” market strategy.
  • Help with your launch press release.
  • Access to marketing collateral – flyers, documents, presentation templates to use for your marketing and business development efforts.
    Local marketing strategies.
  • Proposal templates so you can work on converting your B2B leads expeditiously.
  • Human Resources paperwork templates including employees and contractors.
  • Training on our proprietary curricula and program delivery methods.
    Access to our proprietary set of curricula that includes our detailed instructional manuals, student handbook, program digital webpages and suggested programming calendars.
  • STEM industry experience distilled into hands-on activities to make STEM fun and real while reinforcing educational standards.
  • Benefit of our ongoing investments in curriculum development and maintenance. Which means, you get new programming activities and new curricula to generate more new and repeat sales.
  • Scalable and mobile delivery model.
  • Cloud-based information management infrastructure for ease of access supporting your mobility and scale.
  • A protected territory to setup and grow your STEM For Kids Franchise. In US market, we provide you with a list of public and private schools in your territory with contact information so you can hit the ground running.
  • Ongoing support and training.
  • Regular check-ins to ensure smooth operations, uncover issues and help you with solutions.
  • A template website for your territory.
  • Access to CRM (Customer Relationship Management) tool to manage your business.
  • Registration Management Software to offer programs (camps and classes), seek registrations, collect payments and more.

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Contact Us

1-866-991 7053 X 2
franchisor@stemforkids.net

The presented information is not an offer to sell or a solicitation of an offer to buy a franchise. It is for informational purposes only. An offer is made only by a Franchise Disclosure Document upon compliance with requirements in your state or country of residence or target franchise location. Within the United States, following states regulate the offer and sale of franchises: California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, and Wisconsin.