Training and education franchises are all the rage. Before buying a training and education franchise, be sure to read this article. Plus, take a look at our featured training and education franchises.
Educational and training franchises offer a unique opportunity for would-be business owners to combine their business skills with a passion for education.
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These franchises exist to teach people anything and everything. If there is a need to learn it, chances are you can launch a business that teaches it.
The driving force behind the educational franchise industry is the need for supplemental training from qualified instructors. Often, parents are seeking additional training for their kids, to provide them with a little extra help in a wide range of subject areas. Educational franchises and learning centers usually offer these services at a much lower cost than would be incurred through private tutors, making them an attractive option for parents.
Mathnasium Learning Centers began with the simple recognition that most kids need help with math. Some need it desperately. Others want help just to get ahead. So Mathnasium set out to provide affordable, high quality math instruction in a learning center format. At Mathnasium, every child is given a highly customized learning plan and workbook, based on very precise diagnostic tests. Parents drop their children off their kids at Mathnasium once or twice a week after school for 35 to 55 minutes where they participate in guided instruction from highly-qualified teaching staff. As a franchisor, Mathnasium provides its franchisees with training and ongoing support with a complete package of marketing, operational, and financial tools.
The education business is a $100 billion industry with plenty of opportunities to work with students of all ages. To find the franchise that is right for you, research as many opportunities as possible and make sure potential franchisors offer the startup assistance and ongoing support you'll need to make your franchise a success.
Points to Consider
Networking and referrals are important in educational franchising. Be prepared to make contacts with local schools and execute a marketing campaign that targets parents with school-aged children.
Although educational franchises are ideal for individuals with a teaching background, you don't necessarily need to be a teacher to succeed the industry. With your franchisor's help, you can hire teachers who have the experience and skills your business needs.
Mathnasium Learning Centers. Mathnasium offers math education services for kids in a learning center format. Founded in 2002, the company presently has 90+ locations.
High Touch–High Tech Franchises. High Touch-High Tech provides kids with a 90-minute, in-school "field trip" that uses hands-on science programs. As a supplement to school science curricula, High Touch-High Tech serves children at all educational levels, from pre-school to high school. In 2005, the company reported 92 franchises located primarily in North America.
Huntington Learning Centers. Huntington is consistently ranked in Entrepreneur's Top 500 franchises. They currently have more than 280 locations in 37 states and offer franchisees an opportunity to earn a profit by investing in the lives of kids.
The Growth Coach. Educational franchises aren't just for kids. The Growth Coach offers professional coaching services for business owners, professionals, and executives through workshops, retreats, and one-on-one coaching sessions. In just a few short years, the company has experienced significant growth with 93 franchises in the U.S. and Canada.
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