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"We spent many hours with each of the firms talking about the concepts over a period of many months," Mr. Levinson said.
But Benayoun, who loves nothing more than to argue concepts over a bottle of fine wine, has more ideas than he can possibly execute.
While it's possible to test someone's knowledge of financial concepts like compound interest or inflation, there's no way to know whether he or she remembers and acts on the concepts over a lifetime.
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"We came up with the concept over a casual conversation about long-distance relationships and the limitations of video chat interfaces like Skype," explains Chow.
When LCs were first introduced in 2000, some teachers took it up immediately but needed two to three iterations in terms of implementing it to fully grasp the concept over a period of two to three years (Hairon & Dimmock, 2012).
"As a lawyer and as a businessman, I understand the concept of taking over a defunct business, if you want to call it that, and bringing it back," he said.
A creative director friend of mine recently commented how he noticed that younger designers were absolutely captivated when he used tracing paper in layers to develop a concept over an existing printed photograph.
I, however, am not so sure and I wonder if we, like many families, are now just fighting over a concept, over an idea of what is good for children in general.
But this is a concept left over from an outdated model.
Many of the higher priced franchise concepts (over 100K) require a higher degree of investment because of real estate, build out costs, staffing and additional overhead costs.
Once the council selects a company, it would then pass the concept over to a community task force to determine service, logistical and maintenance issues with the company.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com