One of the key aspects of successfully opening a franchise is to make sure you have a degree of expertise in the industry. Aspiring franchisees should think about their strengths and passions and look for franchises that are centered in those areas. To some, the best way to take full advantage of one’s knowledge is to open an education franchise where they can share their knowledge and passion with others — and make some money doing so.
ADVANTAGES OF OPENING AN EDUCATION FRANCHISE
Education franchises are unique in a few ways which many franchisees could find advantageous. Primarily, there is typically a lower cost to open such a franchise. Some franchises — such as Above Grade Level and Tutor Doctor — teach students in their homes, so franchisees don’t have to worry about the money or time spent opening a location.
Another advantage is that education franchises can be more fun than other types of franchise. Whether tutoring K-12 students or sharing a hobby, most education businesses allow for thinking outside the box and presenting material in novel ways that are more interesting for both student and teacher. Even the branding can be more fun. Mad Science and Young Rembrandts are two franchises that show that having fun with branding can attract both students and franchisees.
This story is from the September 2019 edition of The BOSS Magazine.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the September 2019 edition of The BOSS Magazine.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Sign In
Life in pink
La Vie en Rose, Canada's beloved specialty retailer, is on the verge of completing a seven-year digital transformation. Here's how they did it.
TRAIN YOUR BRAIN FOR LONG TERM HEALTH
WHEN IT COMES TO BRAIN FITNESS, SIMPLE CHANGES CAN YIELD SUPERIOR RESULTS
FREEDOM OF CHOICE
MENU CUSTOMIZATION IS EMPOWERING DINERS AND DRIVING BIG REVENUES
GETTING TO GIVE
VIRGINIA COMMONWEALTH UNIVERSITY SCHOOL OF DENTISTRY MERGES EXCELLENCE AND UNIMPEACHABLE IN BUSINESS CARE WITH BLOCKBUSTER RESULTS
LITTLE BY LITTLE
NANOTECHNOLOGY IS IMPROVING MANUFACTURING IN WAYS BIG AND SMALL
The Heart of Hospitality
For procurement and supply chain leader Provista, creating a true community of c customers is the secret to their success
'AS BIG AS THE INTERNET, IF NOT BIGGER'
THE HOSTS OF AI FOR HUMANS ON AI'S POTENTIAL FOR GOOD, BAD, AND DOWNRIGHT SILLY
They Have It Covered
Yong Lee (Lee) and PHP Agency use tech innovations to inject life back into life insurance
SEE FARTHER, MOVE FASTER
BUILDING TRULY AGILE SUPPLY CHAINS
Flavor Fascination
AS A UNIQUE GLOBAL FLAVOR DEVELOPER, CITROMAX BUILDS ITS HERITAGE AND SUCCESS ON TASTE AND A QUEST TO BRING NEW SENSATIONS TO THE TABLE