If the New Year has brought you a sense of motivation to find a rewarding career, you may want to consider owning a child education franchise or development center. According to the latest report from the industry research firm, IBISWorld, these industries are anticipating steady growth.
With more parents returning to work, increased employment and rising incomes, these industries are expected to climb and thrive. IBISWorld Industry Analyst Sally Lerman says, “The long-term shift in women’s workforce participation has particularly fueled demand for the industry.”
Supportive data for this growth from IBISWorld, estimates the average profit margin has nearly tripled as a percentage of revenue since 2009.
If you’re interested in starting an educational franchise for children, explore these listings on Franchise Solutions:
Bricks 4 Kidz – provides project-based programs designed to teach principles and methods of engineering to children, ages 3-13+, using LEGO® bricks.
Challenge Island – delivers high quality education play designed to teach creative problem solving and creative thinking to children, ages 4-13+.
Kiddie Academy – a leader in educational childcare which has been in business for more than 30 years.
Mathnasium Learning Center – an award-winning supplemental education franchise that offers students fun, effective, customizable mathematics instruction.
SafeSplash Swim School – run a successful swim school by providing a necessary life skill to children and families.
Parents are going to greater lengths to ensure their children are well-prepared for today’s competitive classroom environment. And over the course of the next five years, Lerman adds “industry franchises are also expected to invest more in technology-oriented activities for children, including using cameras, computers and the internet as interactive learning tools.”
Check out these top-ranked tutoring franchises:
Club Z In-Home Tutoring – is the world’s largest in-home tutoring and test preparation service.
Grade Power Learning – a one-stop, full-service provider of educational services including a learn to read program, tutoring and a test prep program.
Kumon North America, Inc. – an after-school math and reading program that helps children of all ages and levels become eager, independent self-learners.
Tutor Doctor – make a difference in the lives of children with a Tutor Doctor. There’s no overhead and a quick start-up.
Now is the perfect time to explore the possibility of opening a children’s franchise. The US Census Bureau reports that of the 24.7 million children under the age of six in the United States, 15.1 million require child care. In addition to tutoring and learning centers, you can consider operating a day care centers such as a Discovery Point Child Development Center.
The franchises above range in levels of investment from $29,350 – $600,000 and are perfect for people who love working with kids and are dedicated to education.
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