Application Form: 1 Day
Perspective Franchisees must fill in basic personal information about themselves along with their preferred center opening locations. Due to the large volume of applications, it is important applicants provide detailed and accurate information at this stage. Only successful applicants will be contacted to proceed on the later stages.
Interview: 1-3 Days
Successful applicants will be contacted via telephone for an in person meeting. During the meeting, the details of the franchise criteria, financial requirements, operational requirements, program support etc.. will be gone over in detail with the perspective franchisee for their consideration.
Vetting Process: 7 Days
Once the application has been accepted, Monkey Tree will be requesting a series of documents from the perspective franchisee for its due diligence. Documents include but not limited to financial proof, academic history, credit records, character references, etc…
Campus Selection and Approval: 30-60 Days
Once the perspective franchisee selects its location, it must be submitted for franchisor’s consideration and approval. Franchisor will then conduct a feasibility analysis on the perspective location and evaluate its location, exposure, rent, competition, convenience etc…
Execution of Franchise Agreement: 7 Days
Once the location has been selected and determined, the official franchise agreement will be delivered. At the franchisee’s request, another meeting could also be set up to explain the terms and conditions of the contract. However, it is strongly advised franchisee seek their own independent legal advisor for franchise interpretation.
Training and Orientation: 30 Days
After the franchise agreement has been duly executed, the training schedule will be immediately set-up to fit the franchisee’s schedule. The training program entails all the necessary components towards the operation of a franchise inclusive of operational procedures and course details.
New Center Set-Up: 30-60 Days
From design to renovation, Monkey Tree would be providing assistance to the entire process of developing a shop that complies with all the Monkey Tree pre-requisites and requirements. A checklist of designated materials including stationary, furniture, teaching apparatus, books, etc…will all be provided along with our supplier contact.
Center Opening: 1 Day
Before the opening of a center, a final inspection is to be conducted by Head Office to ensure all the designated requirements have been fulfilled. Once ready, dedicated Head Office staff will also be present to ensure the operations in opening period are smooth and efficient.