Children education franchises aim to enrich their lives through learning and education and cover many areas, including after school supplemental learning and tutoring services (sometimes referred to as children enrichment programmes), daycare businesses for younger children, STEM based education with a focus on science, technology, engineering, and math.
According to online market research site Report Linker, the global private tutoring market is expected to reach over $201 Billion by 2026. The fastest growth is projected in Asia with China leading the way with a projected market size of over US$56 Billion during this period.
Unmistakably, supplementary or “enrichment” education programmes are on the rise in developed and developing countries. This is driven in part by ever more competitive university entrance examinations requirements that focus on heavily on math and science. Other contributing factors include the lack of adequate public education funding, especially in developing countries.
Education franchise businesses offer not only attractive financial returns for capable entrepreneurs, they also provide a means for successful business owners and corporations to give back to society by raising the education level of children. Clearly, if a nation wants a sustainably strong and robust economy, an educated workforce for tomorrow begins today with its children.
While this can be an exhaustive list, we highlight five of the leading education brands that you should consider.
- BRICKS4KIDZ is the largest provider of STEM-based educational enrichment programmes in the world and is headquartered in the USA. They teach over 50 thousand children per year and deliver nearly 500 classes per day. You can find them in over 800 cities and 46 countries. Classes are offered for children from the ages of 3 – 9+ years old with various in-school programmes, workshops, field trips, camps, birthday and special events, from their unique Lego brick model building to robotics, coding, video game designing, movie making, and more. BRICKS4KIDZ is the most awarded STEM-based children’s education franchise in the world.
- MATHNASIUM is the largest math tutoring franchise from America with over 1,000 centers worldwide. Its mission is to teach children math so they understand it, master it, and love it. Math can change children’s lives and it can change the world. For more than 40 years, the Mathnasium Method™ provides children all over the world increased confidence, critical thinking skills, and mathematical ability to last a lifetime.
- WINGS offers a complete system for pre-school students between the ages of 3 – 5. The WINGS programme can be expanded teach children between the ages of 6 – 15. Already used in over 300 kindergartens globally, their training materials are used in more than 10,000 schools with over three million current students. Their AllviA Platform provides a smart digital classroom environment with integrated technology and allowing 100% student participation in every class and is ideally suited for both in-class and remote learning.
- Helen Doron Kindergarten is part of the Helen Doron Group with over 35 years and 100+ Master Franchisees, 1,000+ Learning Centres, and in 38 countries. Helen Doron Kindergartens enable young children to get a head start and to prepare a base for school through positive reinforcement, direct teaching, play, music and experimentation. The proprietary curriculum for bilingual, English-enriched or all-English kindergarten is based on research from around the world and developed by their pedagogic teams, leading experts in early childhood education, and Helen Doron— pioneer of the Helen Doron Method.
- Kumon was founded by Toru Kumon in Japan in 1954. This leading children’s education franchise has helped over 4 million students excel in math and reading. Kumon’s curriculum focuses on daily practice and self-paced progress to accelerate learning by teaching critical thinking and independence, helping to extend its impact beyond the classroom for children between preschool and high school age.
So I like these franchises, what next?
Choosing the right franchisor and franchise brand is the most important factor for determining long-term success. Be sure to research them further online as you do your own due diligence. They each have their strengths and represent unique and proven franchise opportunities for your country.
Contact us now for more info on education franchises for children at info@vffranchiseconsulting.com.
Author: Sean T. Ngo is the CEO and Co-Founder of one of Asia’s leading franchise consultancy, VF Franchise Consulting. He is Vietnamese American and has been living in Vietnam for over 16 years. Drop him a “Hello, how are you doing?” at sean@vffranchiseconsulting.com. He’d love to hear from you ya!
Frequently Asked Questions (FAQS) About Education Franchises
Education franchising is one of the most promising businesses in today’s economy, as people tend to nurture their talents to adapt to this changing world. Additionally, education franchises are also profitable due to its low overhead and initial investment fees.
Over the years, the rapid development of technology and the COVID pandemic have changed the education industry. The current global education trend is to train and nurture students to adapt to a changing world. STEM education, programming education, comprehensive skills education, etc., therefore attract many investors.
This is an almost impossible question to answer. Certain industries will definitely average better ROI than others. It is also typically true that the more you have to invest the more profit you will make. Education is consistently one of the top performing industries in Asia and without exaggeration a solid place to build for the future. Asian cultures almost without exception have a huge focus on childhood education, and even as adults, I find most are lifelong learners, always looking to improve themselves.
With low overhead and initial investment fees, the typical education franchise is a profitable investment.
The online tutoring market for K-12 students worldwide is expected to grow by 12.75% through 2021. Education franchises are often considered recession-proof, as parents will almost always invest in their children, especially through times of increased educational hardships like the pandemic.
Thanks to this ever-increasing demand for education, franchises in the industry are plenty and profitable. Education franchises typically have low royalty fees and initial investment.
There are quite a number of steps to getting an education (or any) franchise. After an initial discussion to make sure we match up the correct franchise for you and your market, we will collect a signed NDA (non-disclosure agreement) which will allow the brand to share more sensitive information with you. Also, an application so they have a bit more information about your company and objectives. Then a 3-way call with us, yourselves, and the franchisor development team.
