Education franchises are a great way to start a successful business while also making a meaningful difference in the lives of young people. As a college degree has because more of a necessity than an option, tutoring franchises have taken on extra importance.
Who would I be working with?
Education franchises are largely geared towards helping children, but there are franchise opportunities targeting different age ranges. Those aimed at younger children often combine entertainment, childcare and education, while others geared towards older kids focus on tutoring and test preparation.
Adult education franchises are often overshadowed but are an important part of the industry as well. These include driving and leisure programs as well as business training.
Where would I be working?
Some education franchises are home-based models where you might manage tutors or other educators who meet with children. There are also learning centers, which offer a retail space for tutoring.
What would I be doing?
Finding tutors and generating business are the most important responsibilities for education franchisees. Of course, a love for children and education is an essential factor in deciding to open an educational franchise.
Education on the rise
With annual revenues of $40 billion, the franchised education industry is ripe with opportunity for motivated entrepreneurs. Educational franchises are expected to grow by 5 percent per year over the next five years.