What is the Mathnasium business model and concept?
Mathnasium is an international chain of year-round learning centers where children go to improve their math skills. We are highly specialized; we teach only math. Each franchised center utilizes the Mathnasium Method™, an individually customizable educational curriculum that has been created through over 40 years of classroom experience and research. Mathnasium’s mission: teach children math so they understand it, master, and love it. Math can change their lives, and they can change the world.
Mathnasium centers are open to members at least five days per week during after-school and weekend hours. Children are encouraged to attend 2-3 times weekly for best results. Since 2002, Mathnasium has been making a difference in the lives of children. Today, we have more than 1,050 thriving centers across the globe.
What advantages does Mathnasium offer that other franchisors might not?
Most of our franchisees tell us that an important factor in choosing Mathnasium is the nature of the work. They want a personally fulfilling venture as well as a sound financial opportunity. They want to enjoy what they do, and they want to look forward to going to work every day.
Additionally, our franchisees want to own a business that makes a real difference. They work better when they are passionate about what they do. Also, Mathnasium franchisees have found fundamental flaws with other education franchisors, including one or more of the following: high initial fees, huge investment per location, unfair territories, complicated business models and multiple subjects instead of our focused math-only approach. These flaws can diminish results for the children and diminish the value to their parents.
According to a study published by Watson Education in 2019 and commissioned by Mathnasium, our teaching methodology delivers results every day. Mathnasium franchisees also tell us they care about the company and the franchisee community they are joining. They like being part of a franchisor/franchisee community of accomplished and caring individuals. Everyone from our franchisees to our executive team is in alignment: We all want to help children succeed in math.
What is the typical profile of a Mathnasium franchisee?
We are looking for people who will be a great fit with our system: people who care deeply about helping children reach their potential and see business as a vehicle for realizing their financial goals. Our franchisees are enthusiastic, highly motivated, persistent and achievement-oriented — people who want to enjoy what they do. For some candidates, math was not their favorite subject in school. For many it was. Some once considered teaching math but were concerned with the level of compensation or feared being undermined within a hierarchical, bureaucratic school environment. Others struggled with math in school and have heightened sensitivity to the need to help children who are struggling. All are people who believe in the power of education to change lives.
What type of training does Mathnasium provide?
You will start with 40 to 50 hours of online interactive training. This is done in the comfort of your home and will prepare you for Mathnasium’s one-week initial training program in Los Angeles, which includes both classroom and interactive training. Our comprehensive and proven franchisee education program will cover step-by-step use of our operations manual and all the areas important to your success as a franchise owner.
Most importantly, you will be trained and supported on an ongoing basis by our dedicated franchise support team who will be there when you need help. The cost of this initial training is included in your franchise fee. You will be responsible only for your travel expenses. Before opening your Mathnasium Learning Center, you will also have the opportunity to take part in our Apprenticeship program where you will spend one week working hands on in a top-performing center in Los Angeles.
Do I have to teach children myself?
As a Mathnasium franchisee, you are only required to personally participate in the management and operation of your center(s). However, our goal is to make you comfortable with overseeing all aspects of running the center –– including working with children. Any business operates better when management is hands-on. You should be willing to invest your time and energy in all functions of the center, including teaching, with a plan to hire instructors on an as-needed basis as your enrollment increases.
How are Mathnasium center operators supported?
Providing a strong support system to franchisees is key to their success. Our goal is to help you launch your center speedily, comfortably, and confidently. We offer a thorough initial training program that prepares you to open your center, and then we continue to support you in various ways as you establish your operation.
Our comprehensive ongoing support program includes:
Franchise Business Consultant performance coaching program
Tune-up training sessions
Individual and group telephone conferences
Email Q & A
In-person consultation and meetings as necessary
Timely distribution of marketing and operations materials
Mathnasium Matters, a continually updated blog that covers everything Mathnasium
Mathnasium University, an online educational resource for operators to upgrade their franchise knowledge set, at times that best fit their lifestyle
Together, these support services not only provide stability for new franchisees, but also allow easy access to strategies for continued improvement.