TechKnowHow offers after-school and summer camp programs focused on science, technology, engineering, and robotics. The franchise engages children and teens with fun, hands-on STEM activities.
Key Insights
- TechKnowHow began as a passion project to bridge the digital divide, evolving over time into a recognized leader in technology education for young learners. The business has built a foundation of trust and expertise, offering a comprehensive curriculum and engaging learning experiences that adapt to new technological advancements.
- The business operates through a network of learning centers and partnerships, providing hands-on STEM workshops and camps for children. It focuses on cultivating critical thinking, problem-solving, and creativity through age-appropriate technology exploration and project-based learning environments.
- TechKnowHow is positioned within the rapidly growing ed-tech and youth enrichment sectors, areas experiencing sustained interest and investment. The franchise addresses a clear demand for accessible, high-quality technology education, preparing young minds for future academic and career pathways.
Franchise Fee and Costs to Open
Exploring the financial picture of TechKnowHow gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $34,950 - $73,600, along with a franchise fee of $20,000 - $20,000.
Financial Performance and Revenue
Training and Resources
TechKnowHow provides comprehensive initial training for new franchisees. This program, lasting two weeks, takes place at TechKnowHow's corporate headquarters. The franchisor offers a robust suite of resources, including operational manuals, marketing materials, and ongoing support. TechKnowHow recommends utilizing these tools to establish successful business operations.
Legal Considerations
Legal considerations for a TechKnowHow franchisee are defined by the Franchise Disclosure Document (FDD) and the Franchise Agreement. This franchise does not disclose lawsuits or bankruptcy information in its FDD, but prospective franchisees should still review all terms thoroughly. Consultation with a qualified attorney is essential before making commitments.
Challenges and Risks
Operating a TechKnowHow franchise within the Education & Children sector presents several considerations. Franchisees will navigate local market dynamics, assessing existing providers and community needs. Managing day-to-day operations, including staff scheduling and curriculum delivery, requires attention to detail. Furthermore, ensuring consistent access to technology and learning materials from suppliers is a factor in maintaining service quality.
Franchise Datasheet
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