Archive for August, 2014

“[The Goddard School] is a community-based business, and it’s important to know that our franchisees are on-site operators. This creates not only a stronger bond with parents and students but also adds an extra layer of accountability for franchisees.” – Joe Schumacher, CEO, Goddard Systems, Inc.

Read the full article in American Builders Quarterly here.

The Goddard School Holds Grand Opening Celebration on August 23

Goddard Systems, Inc. (GSI), the franchisor of The Goddard School® preschool system, announced today its newest school is opening in Millersville, Md. Located at 8539 Veterans Highway in Millersville, the new school is owned by long-time franchisee Dipti Singh and her husband BJ. To mark the occasion, the community is invited to a ribbon cutting ceremony and grand opening celebration on Saturday, August 23.

“We are thrilled to open our new school in Millersville and look forward to meeting new families at the grand opening celebration,” said Dipti Singh, co-owner of The Goddard School. “As parents of two children, we understand the importance of providing a strong foundation for education and social growth in a warm and loving environment.”

The grand opening festivities at The Goddard School located in Millersville will be held from 10:00 a.m. – 12:00 p.m. on Saturday, August 23. In addition to the ribbon cutting ceremony, families will enjoy fitness and nutrition-themed activities such as yoga, an outdoor obstacle course, balance beam and rock climbing wall, along with face painting and snow cones provided by the Kona Ice Truck. Families who enroll during this event will receive 50% off the first month’s tuition for children over the age of two.

In addition to the new school in Millersville, Dipti and BJ Singh also own The Goddard School located in Hanover, which opened its doors in 2006. The couple is personally familiar with the brand’s mission not only since they’re already owners, but because Dipti and BJ’s two children attended and graduated from The Goddard School located in Hanover. Together, Dipti and BJ will run business and financial matters and handle day-to-day operations on-site.

The Goddard School preschool system operates on a dual-management system, distinctive in the early childhood education industry. Each location is managed on-site by the franchise owner, as well as an educational director responsible for working with teachers and implementing the curriculum. This separation and clear delineation of roles has resulted in The Goddard School preschool system’s success and high satisfaction ratings for more than 25 years.

The Goddard School located in Millersville opening is part of GSI’s expansion plan across the United States to open 30 new schools per year by 2019.

“As we aggressively add schools across the country, we are confident that our franchise model will provide entrepreneurs with profitable businesses and unmatched support,” said Joe Schumacher, chief executive officer, Goddard Systems, Inc. “Our goal is to share the benefits of our brand of high quality early childhood education as we expand in Millersville and other communities across the nation.”

Long recognized as the industry leader, The Goddard School preschool system has been consistently listed in Entrepreneur magazine’s “Franchise 500” ranking as the number one childcare franchise for 13 consecutive years (January 2014).

For additional information about The Goddard School located in Millersville, please call 410-987-2892 or email MillersvilleMD@goddardschools.com. Franchising information is available on www.goddardschoolfranchise.com or call 800-272-4901 to speak with a franchise development executive.

Early Childhood Education Franchise Signs 18 New Franchise Agreements and Opens Nine Schools, Supports New Literacy Policy Statement from American Academy of Pediatrics

Goddard Systems, Inc. (GSI), the franchisor of The Goddard School® preschool system, announced today a strong first half of 2014 with the awarding of 18 new franchise agreements to qualified franchisees and the opening of nine schools in Massachusetts, Missouri, North Carolina, Florida, Maryland and Virginia. Additionally, 16 schools are under construction in California, Connecticut, Maryland, New Jersey, Ohio, Pennsylvania, Tennessee, Texas, Virginia and Wisconsin. GSI expects to open a total of 18 schools by year-end.

This momentum is part of GSI’s expansion plan in communities across the country. It also follows a new policy statement announced last month by the American Academy of Pediatrics (AAP) regarding the importance of reading and literacy beginning in infancy. The research shows children who are read to have stronger language skills, literacy development and parent-child relationships–cornerstones of The Goddard School brand’s playful learning curriculum.

To expand its brand of early childhood education nationwide, the company has set a five-year development goal of awarding 60 new franchise agreements and opening 30 new schools per year by 2019.

“Increases in the number of working mothers and the desire to provide children with early educational opportunities has increased the demand for early childhood education,” said Joseph Schumacher, chief executive officer, GSI. “We credit our continued success to strong franchisees committed to our curriculum’s research-driven approach, including strong reading basics and a play-based approach that develop lifelong learners. This year’s early expansion success will propel reasonable and responsible system growth in the latter half of 2014 and the years that follow.”

GSI launched 2014 with a targeted franchise development strategy focused on eight markets including Boston, Mass.; Houston, Texas; Minneapolis, Minn.; Seattle, Wash.; Portland, Ore.; Philadelphia, Pa.; Hartford, Conn.; and New York City (Manhattan).  The company is seeking qualified franchisees with a minimum net worth of $450,000, including $150,000 in liquid assets.  No education experience is necessary.

Long recognized as the industry leader, The Goddard School franchise operates on a dual-management system, distinctive in the early childhood education industry. Each location is managed on-site by the franchise owner as well as an educational director responsible for working with teachers and implementing the curriculum. This separation and clear delineation of roles has resulted in The Goddard School system’s success and high satisfaction ratings for 25 years.

Goddard School franchisees benefit from a strong average EBITDA** of $254,846* per location, manageable hours in a recession-resistant business and GSI’s unmatched support with real estate, site development, operations, IT, marketing, advertising, quality assurance and training.  Interested candidates should expect the initial investment to open a Goddard School to range from $704,700 to $880,000, depending on real estate and other expenses. Additional information is available on www.goddardschoolfranchise.com or call 800-272-4901 to speak with a franchise development executive.

*Average based on mature franchises (those open over 18 months) in 2013.  As reflected in Item 19 of GSI’s Franchise Disclosure Document, 158 of 384 (41.1%) of mature franchises did as well or better than the average.  Your individual results may differ.  There is no assurance you’ll earn as much. **Earnings Before Interest, Taxes, Depreciation and Amortization.  This range reflects leased premises. The estimated initial investment for a candidate who plans to purchase the premises will be higher.

 

“Social media for the business generation is not ‘one size fits all.’ It is not the silver bullet, cure-all or magic elixir. It is, nevertheless, imperative to the livelihood of franchise brands.” – Ashley Betzendahl, Manager, Interactive Media, Goddard Systems, Inc.

Read Ashley’s full article in Franchising World.

IS FRANCHISING RIGHT FOR YOUR BUSINESS?

Wednesday, August 6th, 2014

United® Hemispheres magazine recently featured Goddard Systems CEO Joe Schumacher in their article “Is Franchising Right for Your Business?” Schumacher and other franchise executives offer tips for small business owners who are thinking about taking steps toward franchising their company. Click here to read the full article.