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Home > Franchises > Goddard Systems Inc.
Goddard Systems Inc.
A franchise agreement takes place when the concerned parties involved are bound together through certain contractual provisions. This is an arrangement whereby someone with an idea for a business, the franchisor, sells to another person the franchisee the rights to use the business's name, sell a product, or provide a service to someone else. A franchise agreement will usually specify the given territory the franchisee retains exclusive control over the area protection, as well as the extent to which the franchisee will be supported by the franchisor. Goddard Systems Incorporation was found 1986 and it started franchising in 1988. In their warm loving atmosphere, caring teachers support the healthy development of your child from six weeks to six years old. Their year round program offers your family the choice of either a half or full day schedule. The Goddard School provides year round programs for children from six weeks to six years old including after school enrichment and summer programs. Goddard Systems, Incorporation GSI is the franchisor of The Goddard School. It’s headquartered in King of Prussia, Pennsylvania, GSI currently operates schools throughout the United States. GSI provides continuing education for all teachers as well as a corporate Quality Assurance program. Franchisor is a privately held company with 65 employees and 6 employees in franchise department. They offers best service that include early childhood development school and their costs and fees include total investment of 470000 dollars, franchise fee of 75000 dollars, ongoing royalty fee of 7 percent, term of agreement is 15 years, renewable. Because of good service they represent in some raking according to Entrepreneur magazine 2002 to 2006. That includes Franchise 500 rank of 143 in 2006, 177 in 2005, 143 in 2004, 133 in 2003, and 135 in 2002. They ranked 1 in category in 2006, 2005, 2004, 2003, and 2002. In order to accomplish these goals, the Goddard School will offer a wide-range of enriching activities to meet the needs of each child, focus on building a strong and balanced foundation of emotional, social, cognitive, and physical skills for each child, provide multi-cultural and developmentally appropriate materials and equipment, offer a safe and secure environment, receive regular quality assurance audits and parent surveys, receive continuing education for the on-going development of teachers and directors, provide open communication with parents in an atmosphere of mutual trust and respect.
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