What is the business proposition?

We propose that a franchisee would operate their business in a specific contiguous geographical territory. The size of their territory would be determined by a cluster of approximately 30 specified primary and secondary schools. These schools are the prime sources of MindLab students.

We anticipate a franchisee would offer MindLab classes for a fee of approximately £65.00 to £75.00 per term (MindLab fees vary because they are indexed to local prices) to a variety of students in a mix of services which could include:

• After school MindLab classes covering a two or three year age band per class. Classes could be offered in a range of locations convenient for parents such as school classrooms, village halls, community centres and other public facilities.

• MindLab classes offered within the school day in coordination with schools, to compliment the curriculum, provide special projects for gifted and talented or special needs children.

• MindLab classes integrated into crèche or after school clubs.

• MindLab classes within nursery school programmes, helping to prepare 4-5 year olds for school entry.

• Weekend MindLab classes

• Special MindLab workshops during school holidays or half term breaks.

• MindLab classes within nursing homes, hospitals, museums or anywhere a fee paying or grant based programme would work.

Our franchise proposition caters for the possibility that some schools in a franchisee's territory might purchase and operate a MindLab system themselves. MindLab Europe has specific commission structures to compensate the franchisee should that occur.

Franchisees can earn additional income by offering more weekly or weekend MindLab classes, holiday courses in Christmas, Easter and summer break periods which are not included in these projections. For more detailed profit potential analysis please contact us.

Franchisees can adopt our well designed business plan yet be their own boss, making their own decisions to build up a strong business.

A Franchisee will pay MindLab Europe 15% of students revenues as a royalty payment. In turn, MindLab Europe will use 20% of the royalties received to to raise awareness of MindLab by investing in advertising on a national level in each country.

MindLab Europe will support the franchisee with initial product training as well as business development support and ongoing training.