FDM_February 2019

Page 34

Making the

Grade

Investing in an educational franchise is a great way to be in business for yourself—and make a difference.

by Jerry Rieder

Certified Franchise Consultant

I

nterested in playing a role in the shaping of young lives? Starting a children’s education franchise can give you that opportunity. A children’s education franchise requires a commitment to helping young kids learn and develop as they grow. Aside from investing in a franchise, you’re also investing in kids’ lives. From teaching kids the fundamentals of reading, writing, and math to helping them learn about computers and technology to providing a place for children to exercise and play sports, a children’s franchise in education offers many possibilities. The children’s education franchise sector has annual revenues totaling more than $30 billion and includes approximately

34

FranchiseDictionaryMagazine.com

45,000 companies. Since the industry covers so many subjects, it’s fragmented with the 50 largest companies representing approximately 30 percent of the total revenue of the industry. The potential for growth in this business segment is significant. If you are considering starting a children’s education franchise, it’s important to note that some states may require franchise owners to have specific certifications or licenses to operate one. Look into governmental regulations that could affect your business before investing in any franchise opportunity. Looking for a place to start? The following are high-demand categories within the children’s education franchise sector and good business models within each area.


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.