Q: Are both visual and wording of the babyArt? (in Chinese) trademark being registered in China, in which provinces or cities?
A: We have registered the brand name babyArt? (in Chinese) as a trademark all over China.
Q: What is the expected ROI for an average franchise center here in China?
A: The ROI would depend on the business models offered by a particular center. We would say roughly around 20-35% EBIT. We shall be happy to work with you in details once your request for candidacy has been approved.
Q: Are you going to set any discriminatory thresholds (ex. need of financing, previous professional background in education, etc.) while considering candidacy?
A: We do have a set of criteria for evaluating candidates. We believe that the adherence to these criteria will minimize risks and maximize the success rate for the franchisor and franchisee in a long run.
Q: What’s the average time for a franchisee to commence business from the date of candidacy approval?
A: Approximately 3 months mainly depending on locale availability and turnaround time to obtain the necessary licenses from the local government bodies.
Q: What kind of peripheral services will you provide for a franchisee (ex. company registration, financing, recruiting，etc.)?
A: We would expect the franchisee to take major responsibility in conducting company registration, license application, financing and staff recruitment. However, we would provide support such as consultation on the appropriate business licenses, real estate selection and staff training wherever necessary.
Q: What is the total investment amount required?
A: Again, the total investment would depend on the business models offer by a particular center. It ranges between 0.7M RMB to 0.9M RMB. We shall be happy to work with you in details once your request for candidacy has been approved.
Q: What is the class fee structure?
A: China is a vast country with varied standard of living. The class fee structure should correlate to the dispensable income of the particular region in which your business is being conducted. We shall be happy to work with you in details once your request for candidacy has been approved.
Q: Must the operator be the major shareholder?
A: We would prefer so.
Q: What kind of business licenses are required to operate a babyArt? Center?
A: A business license from local Administration of Industry and Commerce is essential. A professional license for education is good to have but not necessary.
Q: How long does it take to obtain these licenses?
A: It all depends on the turnaround time set by the local government bodies. We would say 1-3 months.
Q: Do you provide any assistance or support for obtaining these licenses?
A: We can provide our business and professional licenses for reference.
Q: What are the qualifications of a babyArt? franchisee operator?
A: Sales and Marketing background preferred. Teaching experience good to have but not necessary.
Q: What are the initial fees pay to Shanghai babyArt??
问： 创艺宝贝 ?的代理费是多少？
A: The initial fees would 0.16M RMB. We shall be happy to work with you in details once your request for candidacy has been approved.
Q: What are the monthly fees, such as royalty, marketing co-op, trademark, etc.?
A: The monthly fees including royalty, trademark licensing, we would say roughly 8% of your revenue. We shall be happy to work with you in details once your request for candidacy has been approved.
Q: How long is the term of the franchise contract?
A: 5 years renewable.
Q: Do you have a center now? Where is it?
A: Yes, 60 babyArt? centers are currently located in Shanghai, Beijing, Shenzhen, Nanjing, Ningbo, Hangzhou, Wenzhou, Shaoxing, Ruian, Taizhou, Tianjin, Shenyang, Changsha, Wuhan, Dalian, Xiamen, Haerbin and Dongguan.
Q: Do you have any master franchisee in China? Where is it?
A: Yes, 4 master franchisees are currently located in Beijing, Hangzhou, Wenzhou and Ningbo.
Q: Is there a preference toward direct-own-unit or franchisee?
A: Not necessarily. Nevertheless, the establishment of a direct-own-unit in major metropolis can provide valuable experiences for franchisees in the region.
Q: Can I purchase an existing center?
A: We will not be considering this option in the near future.
Q: What are the real estate requirements for a babyArt? franchise center?
A: Footage and facility requirements would depend on the business models offered by a particular center. We shall be happy to work with you in details once your request for candidacy has been approved.
Q: What is the organization chart for a babyArt? Center?
A: Staffing requirement varies depending on the business models offered by a particular center. We shall be happy to work with you in details once your request for candidacy has been approved.
Q: What kind of on-going supports will the franchisor provide?
A: We shall provide on-going support concerning babyArt? operation know-how, visits by our Franchise Consultant and on-going training.
Q: How and where can I find suitable babyArt? instructors?
A: There are various approaches to recruit suitable babyArt? instructors ranging from newspaper ad to friend referrals. Internet posting and parents’ word-of-mouth are the most economical approach.
Q: What are the qualifications for babyArt? Instructors?
A: The topmost attributes should be passion for teaching, love to work with children, outgoing personality. We shall be providing professional training on teaching techniques and Early Childhood Development (ECD) theory.
Shanghai babyArt reserves the right to interpret all figures above. 上海创艺宝贝保留对以上数据的解释权。
CopyrigntÓ 2008 by Shanghai babyArt 2008上海创艺宝贝版权所有。