Archive for November, 2015

Small Business Financing Made Easy

Tuesday, November 17th, 2015

Accessing capital for a new business can be an unfamiliar territory in the start-up process, so it’s not surprising when new franchisees have questions. Outside of securing home mortgages, many people have not had experience with commercial lending, much less government-backed loans from the Small Business Administration (SBA). This is one reason having the support of an experienced franchisor like The Goddard School Franchise can help make obtaining financing easier than navigating the finance process alone.

The Right Support

Without the right support, knowledge and guidance, the commercial lending process can be tedious. The Goddard School Franchise conducts an internal financial pre-approval screening so prospective franchisees are not awarded a license unless we feel confident that they will be financed. After an approved prospect enters into an agreement with The Goddard School Franchise, they work with the Real Estate Department to decide whether to lease or purchase a building. A member of the Franchise Finance team is available to review the finance options for both. After the site is secured, our team guides the franchisee through every step of the finance process. We explain commercial lending practices, offer resources and contacts, answer questions, provide insight and feedback and serve as a liaison between our franchisee and the lenders.

The Goddard School Franchise’s Franchise Finance Department addresses questions, provides guidance and communicates directly with the lenders to help avoid surprises along the way. We want our franchisees to have the same confidence in their loan as they do in The Goddard School brand.

Our Franchise Finance team creates an allocation of funds for each project; provides necessary templates, such as business plans and projections; directs franchisees to financing sources; reviews loan proposals and commitment letters to ensure the loan is structured properly, covers all project costs and offers competitive terms; and assists with the loan closing. This support can definitely help the finance process go more smoothly.

The Right Resources

Due to the record demand for childcare and The Goddard School Franchise’s success, reputation and unrivaled support, The Goddard School system is an approved franchise concept for many national and local lenders. We also meet the criteria for SBA eligibility, and our Franchise Finance team has great relationships with many national SBA lenders. We have one main contact with each lender who is already familiar with our model and lending needs.  Most of these lenders are part of the SBA’s Preferred Lender Program, which allows them to approve SBA loans in-house. These valuable relationships result in competitive terms and a streamlined process for our franchisees.

The Goddard School Franchise makes the financing process easy for our franchisees by providing great resources, a strong business model, superior support and knowledgeable employees. We pride ourselves on finding the right lender and terms for each franchisee, and we look forward to working with prospects who are considering joining The Goddard School family!

 

“Choose for Charity” Comes to an End with Laser Pegs®
on Top in the 8th Annual Goddard School Preschooler-Approved Toy Test

KING OF PRUSSIA, PA – November 16, 2015 – Goddard Systems, Inc. (GSI), the national franchisor of The Goddard School® preschool system, one of the largest early childhood education organizations in the nation, announces that Laser Pegs® 16-in-1 Space Fighter Building Set was deemed the top toy by public vote in The Goddard School Preschooler-Approved Toy Test. GSI will purchase and donate 100 of the winning toy to Toys for Tots, a program run by the United States Marine Corps Reserve that distributes holiday gifts to less fortunate children in the community.

Now in its eighth year, the Toy Test searches for the best educational toy of the year by engaging preschoolers to play with a selection of toys, provide feedback, and then vote for their favorite along with the public. Educational toys from popular toy manufacturers across the nation were first evaluated by The Goddard School Toy Testing Committee, which is comprised of early childhood education experts. The toys were judged on how well they supported educational skill development and encouraged child-initiated play and collaboration.

From there, the toys were sent to 50 Goddard Schools across the country where preschoolers tested the toys for one week. The children determined their Top 10 favorites before putting it to “Choose for Charity” public vote where people across the country could select their favorite of this year’s top toys as selected by the preschoolers.

The Goddard School Preschooler-Approved Top 10 Toys finalists included the following (in suggested age range order):

  • Whoozit® Space Blankie by The Manhattan Toy Company (Suggested Age Range: 0+ months)
  • Rolligo by Fat Brain™ Toys (Suggested Age Range: 12+ months)
  • John Deere Learn ‘N Pop Farmyard Friends by TOMY (Suggested Age Range: 12+ months)
  • ModMobiles – Set A by Fat Brain™ Toys (Suggested Age Range: 2+ years)
  • Doctor On Call by Hape Toys (Suggested Age Range: 3+ years)
  • Lakeshore® Gear Builders – Starter Set by Lakeshore Learning Materials (Suggested Age Range: 3+ years)
  • Lincoln Logs® 100th Anniversary Tin by K’NEX Brands (Suggested Age Range: 3+ years)
  • Joinks by Fat Brain™ Toys (Suggested Age Range: 3+ years)
  • 16-in-1 Space Fighter Building Set by Laser Pegs® (Suggested Age Range: 5+ years)
  • Tumble Trax™ Magnetic Marble Run by Learning Resources® (Suggested Age Range: 5+ years)

“Our annual Toy Test gives Goddard School children the opportunity to explore and discover a range of new toys,” says GSI’s Vice President of Education, Dr. Craig Bach. “It speaks to the heart of our curriculum, which is centered on play-based learning. The children benefit by developing problem solving skills, the ability to collaborate with others, self-confidence and creativity, and we benefit by seeing which toys, for example the 16-in-1 Space Fighter Building Set by Laser Pegs®, resonate with them, allowing us to better identify high-quality educational resources that children really enjoy.”

For more information on The Goddard School and the Preschooler-Approved Toy Test, please visit www.goddardschool.com/toytest.

 

Franchisee Spotlight: Carrie and Eric Park

Tuesday, November 10th, 2015

Our dedicated, hard-working franchisees have helped make The Goddard School® a leader in early childhood education. This month, we would like to spotlight two of them, Carrie and Eric Park, franchisees of The Goddard School located at 4980 Parkcenter Avenue in Dublin, OH and The Goddard School located in Canal Winchester, OH.

The Parks have three children of their own and recognize the importance of a safe and nurturing learning environment, which is why they chose The Goddard School. The dynamic duo is proud to offer the opportunity for children to grow through exploration and hands-on learning.

 

The mayor, council board members, franchise owners and vice president of franchise development for Goddard Systems, Inc. celebrated the groundbreaking of The Goddard School located on Campus Drive in Florham Park, New Jersey. The Goddard School prides itself on its learning through play curriculum and dual management system.

VIEW THE SEGMENT HERE >

Hollenbach Construction, Inc. is building a new 10,000-square-foot Goddard School in the Providence Corporate Center in Collegeville.

READ THE FULL STORY HERE >

Early Childhood Education Leader Identifies This Year’s Best Toys Inspiring Creativity And A Love Of Learning

KING OF PRUSSIA, Pa., Nov. 2, 2015 — Goddard Systems, Inc. (GSI), the national franchisor of The Goddard Schoolpreschool system, one of the largest early childhood education organizations in the nation, gave preschoolers the job of a lifetime when it asked them to test some toys! Now in its eighth year, The Goddard School Preschooler-Approved Toy Test announces the top ten best educational toys for 2015, as selected by true toy experts… kids!

Before the toys were given to this discerning audience, they were evaluated by The Goddard School Toy Testing Committee, comprised of early childhood education experts, which judged submissions based on criteria including encouraging interactive, child-initiated play, inspiring creativity and collaboration, and supporting skill development and playful learning.

Putting The Goddard School philosophy of learning through play into action, children from 50 Goddard Schools throughout the country then tested the toys. The children, who range from infants to six years old, determined their favorites while the teachers compiled the tiny testers’ choices.

The results are in, and the Top 10 Preschooler-Approved Toy Test finalists include (in suggested age range order):

“Fun and educational experiences that help children expand their critical thinking skills and flex their imaginations, as demonstrated in the Toy Test, prime children for success later in life,” said Dr. Craig Bach, GSI’s Vice President of Education. “From classic toys to new products on the market that encourage STEAM learning (science, technology, engineering, arts and mathematics), our children have the opportunity to play with incredible toys that support learning through play.”

The public will now have the chance to vote and select the 2015 Top Toy on The Goddard School’s website, www.goddardschool.com/toytest, from November 2 – November 13, 2015. GSI will purchase and donate 100 of the winning toy to Toys for Tots, a program run by the United States Marine Corps Reserve that distributes holiday gifts to less fortunate children in the community.

Past Preschooler-Approved Toy Test winners include brands such as Lakeshore Learning Materials, K’NEX, Fat Brain Toys, Tiny Love, HABA and Learning Resources.

For more information on The Goddard School and the Preschooler-Approved Toy Test, please visit www.goddardschool.com/toytest.