Do you enjoy making a difference? Maybe you're a teacher looking for a change, or maybe you're just looking to build a business that has a positive impact on the lives of others. Whatever the case may be, owning an education franchise lets you realize your dream of becoming your own boss while helping children and individuals excel. If you have a love for children and/or a passion for education, a franchise built around education and helping a people grow may be the perfect investment for you.
An estimated 2.8 million households used a tutoring service in 2015
SOURCE: Nielsen Scarborough
More than 50% of 3 to 4 year olds in the U.S. were enrolled in preprimary school programs as of 2013
SOURCE: U.S. Department of Education, National Center for Education Statistics. (2015).
Child education revenue is expected to reach $2.1 billion by 2019
Educational franchises encompass a wide range of focus including tutoring programs and test preparation for school age children, as well as programs that combine entertainment and learning for pre-school age children. Other education-based opportunities include career training, business training and consulting, and assisting those with special learning needs.
Education is one of the fastest growing sectors of the franchise industry. With the huge success of franchises like Kumon, the industry has seen a burst of new business opportunities in recent years. As stretched school budgets allow for less individualized attention and resources for children, this industry growth is anticipated to continue in the forseeable future. Desperate parents, realizing the importance of helping their children succeed in school and college preparation, are looking more and more to outside services to fill in educational gaps.
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