Frequently Asked Questions about License

Q: Why do parents enroll their children in Math Squared?
A: In Math Squared, the greatest benefit of studying Math that it teaches children to think logically, creatively and to learn problem solving skills that can be applied everyday for the rest of their lives. Thus, while other systems may help students improve math skills, Math Squared's system has the higher goal of helping our students develop life skills. Not only math, our students often outperform in other subjects as well in school.

Q: How does Math Squared program work?
A: First parents make appointment for the student to take evaluation test at your center. It takes about 40-60 minutes. Then a test report will be given to parents. Based on the report, we will start the student at a comfortable and appropriate point.

All students attend 2 sessions per week. The time for each session is depending on every student’s ability and learning attitude. Most students are able to adapt the self-paced learning system in about 2-3 weeks. After 2-3 weeks, their work time usually decreased once they are used to the system. The following timetable is for your reference only:

Grade Level	First 2-3 weeks	After 2-3 weeks
Kindergarten	1 hrs.	30-40 mins
1st, 2nd Grade	1- 1 1/2 hrs	40-60 mins
3rd-6th Grade	1 1/2 – 2 hrs	1- 1 1/2 hrs

Validation for students’ learning progress is performed about once a month.

Q: How much do parents pay for Math Squared?
A: Parents pay $25 evaluation fee and $30 one-time registration fee, plus $95-$150 per 8 sessions (about 1 month), depending on the centers and grades. Because Math Squared is highly affordable and effective, many parents keep their children on the program for the longest time; therefore turn over rate is low.

New students are required to have a minimum 24 sessions (about 3 months) commitment because it is usually the time length to see student’s improvement with Math Squared. After that, it’s your choice to charge parents every 24 sessions or 48 sessions at a time.

Q: What is Math Squared license?
A: Math Squared license allows you to own your own Math Squared learning center in your area to help children from Pre-K to 6 improve their overall math, thinking abilities and problem solving skills. We will train you from the start, no matter whether you have ever owned a business before or not. We grant you the right to use Math Squared name, sign, logo, system, and business model. We do require you to implement a Math Squared learning center to our standard of excellence.

You can start a commercial center or home classroom to instruct students; or you can earn recurring commission by referring new licensees; or reselling workbooks to schools, after-school learning centers and preschools, etc.

Q: What is the license fee?
A: We are currently running a promotion for the licensing program; the one-time license fee is only $995 for one location (non-refundable). It includes:

Training,
Training materials,
Start-up kit,
Marketing materials,
Math Squared certificate,
License agreement, and
On going support.
 

Q: How much is the royalty fee?
A: There is NO ROYALTY FEE or any other fees, but a flat cost for workbooks and manipulative tools. A workbook-set (which has 8 workbooks) is $30 plus shipping. If more than 30 workbook-sets are ordered at once, shipping is free. A workbook-set is to be used for 4 weeks (about a month) by one student, with 2 classes per week. There are also a few US dollars for the manipulative tools which can be used for one whole year by a student.

You pay for the workbooks only when you have students. Since Math Squared is an individualized program for each student, one class may have students from different grades. This unique system allows you to maximize your profit.

Q: Do you have the territory protection?
A: Yes, we provide territory protection based on population, demand and activity. Most of time we set apart centers far enough so they don’t compete with each other.

Q: How much does it cost to open a Math Squared learning center?
A: Just like any new business, there is a start-up cost which includes setting up a center, advertising, and other one-time expenses. The table below shows an estimate of the initial investment to open a Math Squared learning center. All numbers , except for license fee,  are estimated costs.

ONE TIME LICENSE FEE	$995
EXPENSES FOR TRAINING (Note 2)	$150 to $1,000
RENT AND DEPOSIT (Note 3)	$1,000 to $5,000
FURNITURE, SIGNS, EQUIPMENT AND SUPPLIES	$1,500 to $6,000
LIABILITY INSURANCE (Note 4)	$500 to $1,200
BUSINESS LICENSE, NAME REGISTRATION	$100 to $1,000
PHONE AND UTILITIES	$200 to $500
INITIAL ADVERTISING	$10,000 to $15,000
WORKING CAPITAL FOR FIRST 3 MONTHS (Note 5)	$4,500 to $9,000
TOTAL ESTIMATED START-UP COSTS	$18,970 to $39,800

NOTES
(2) This estimate includes travel, and lodging expenses.
(3) The estimate is for the first month's rent for a space more than 700 sqft. Rent will vary according to location and whether the landlord requires a security deposit.
(4) This estimate is the current annual rate if you obtain liability insurance based on an assumed center enrollment of 100 students. You may also have an obligation under state law to obtain workers compensation if you hire any employees or other forms of insurance.
(5) This is an estimate of the additional funds you will need during the first 3 months of operation from the time your center opens. The estimate does not include payroll costs for any employees (most of our licensees do not hire assistants during the first three months). It also does not include any compensation that you elect to pay to yourself.

Q: What are the ongoing expenses of running a Math Squared center?
A: Typical expenses include: rent; ongoing advertising and promotion (gradually decreased to a maintenance level as the number of your students reaches certain point); hiring assistants as enrollment grows (usually paid by hour); and a range of miscellaneous expenses, including phone, office supplies, and the like.

Q: How much money will I make from a Math Squared learning center?
A: Just like any business, it depends largely on your effort. Particularly important is the quality of service you provide; whether you promote the center moderately or aggressively; and so on. You should make your own calculations.

Unlike other franchisors, you pay for Math Squared workbooks only when you have students. Your net profit is simply like this

[(Tuition - Workbooks cost) per student] X [Number of Students] – [Total Expenses]
 

Q: Do I have to teach children myself?
A: It’s entirely up to you. We will train you how to teach if that’s your concern. Because of the way Math Squared is designed, one teacher can have about 80-100 students base if she/he works 4 hrs a day, 5 days a week. You may elect to hire teaching assistants which will increase your expenses; but it may be necessary especially if you are running several Math Squared centers at the same time.

Q: What are the typical hours of operation?
A: The hours may vary, depending on your location and desire. Most are open for instruction from 3pm to 7pm. You center has to open at least 2 days a week.

Q: What is your application process and approval process?
A: To maintain the high quality of Math Squared learning center, every prospective licensee must take the following steps before he or she can own and operate a Math Squared center:

Step 1: Fill out the application form (upon request).
Step 2: We will review application, email back our decision.
Step 3: A standard background check may be conducted.
Step 4: Attend the on-line training. Hands-on training is optional at no additional cost.
Step 5: Once the exact location is approved and training requirements are met, license agreement can be offered and certificate will be issued within a week.

Q: Where do I attend the training and what is covered?
A: The training is conducted over the Internet and phone. It covers Math Squared curriculum, philosophy, instructing skills, center operation and business marketing strategies and other areas important to your success. The cost of this on-line training is included in your one time license fee of $875. Hands-on training then will be offered at HQ in Northern California at no additional cost. You will be responsible for your own lodging and travel expenses if you decide to attend the hands-on training.

Q: What is "Referral Reward"?
A: Once you become our licensee, you can start referring other people to open a Math Squared leaning center/classroom and earn cash reward of one-time 10% of license fee. Of course, the people you refer will have to go through the same approval process.

If you plan to open multiple Math Squared learning centers, you may refer yourself.

Q: What is Math Squared?
A: Math Squared is a chain of learning centers where students usually visit twice a week.  Our program consists of workbooks and manipulative tools that are full of colorful and interesting math curriculum to attract students in Pre-K through 6th grade. Elementary math including pre-Algebra is our specialty.

Our goal is to help children

Q: What is Math Squared method?
A: When children like to learn, they will learn more, learn better. Math Squared's individualized learning system will significantly improve children's understanding of math concepts, and assist them in first reaching, and then exceeding, their math goals. The key to the system is that it is self-paced. With the help of Math Squared’s highly skilled instructors, children progress through a series of fun yet stimulating workbooks and other tools.