Franchise Business option in child’s Education Industry

With our fast-moving technological and scientific advances, there are other skills that are becoming increasingly important for our kids to master. They are science, technology, engineering and mathematics, also known as STEM.

Some of our children do well in STEM subjects and some do not. For those who don't, extra help is needed. Did you know there are franchise businesses that specialize in tutoring children who are struggling with STEM subjects in addition to reading?

Market Size

The private tutoring industry is massive & According to a report published by Global Industry Analysts Inc., the global private tutoring market is forecast to reach $193 billion by the year 2020. If you've been thinking about becoming the owner of a franchise, the children's education industry may be worth a look.

Types of Franchise Business Opportunities In Education

There are dozens of different franchise opportunities in the children's education industry. While there are distinct differences in the methods of instruction used, all of them are focused on one thing; helping students get their grades up. I'm going to go through the most popular types of franchise opportunities in this space, so you can understand what is available these days.

Tutoring Centers

These are the franchise businesses you see in strip centers.
Franchisees offer tutoring either individually or in combination with 2-5 other students. Their businesses are usually open from early afternoon through the evening. Most of them are also open on Saturdays during the school year. Staff-wise, there's usually a director along with several part-time teachers.

In-Home Tutoring Franchises

In this tutoring franchise model, students (and parents) never have to leave the comfort of their own homes because tutors come to them. Franchisees who own this type of tutoring franchise hire the teachers and manage the business.

Specialty Tutoring

Children's tutoring is starting to become more specialized. For example, you can find tutoring franchises that offer specialized curriculum and exercises for students with ADHD/ADD. Some franchisors are even attempting to tackle a few forms of autism by using specific brain-training techniques.

Rise of women entrepreneurs in education

Men or Women – have been working all through the various stages of social-economic evolution and the factor that changes constantly is ‘where’ they work. And that according to me should not be such a bone of contention in times when research has proven that working mothers have a positive impact on their children.
The education sector like any other service industry requires people passionate for the cause with great leadership and collaborating skills. Also, franchising has brought about a reduced risk proposition which makes it very attractive for first time entrepreneurs. Certain franchising opportunities (especially related to service industry like education) do make it an attractive investment opportunity for women especially, since it translates to greater flexibility in hours. Home-based franchises have low overheads, which makes it easier for women who don't have a lot of capital to get finances and become business owners. Part of the reason women have been drawn to franchising is the training and support offered by the franchisor.
Franchising is a quick-start vehicle, so women making the leap to owning their own business -- whether from the corporate world or from home -- can do so without years of planning. Also, there is high level of acceptance of the brand in the market and the promotional costs also reduce hence the major investment costs reduce drastically.

How Parents can choose appropriate abacus program?

Here are a few key things that set an abacus program apart:

1. Do they know their stuff?
It is very important to associate with trainers who actually believe in their program and have a solid background in the field of abacus training. Trained staff and a well-designed curriculum is a must for you to know how prepared they are.

2. How much attention do they pay to individual performance?
Most after-school programs should make up for what regular school education lacks – attention to the individual’s skill development and not just the overall group. Especially with a program that works to enhance brain capabilities, it is important to track every child’s individual performance.

3. How do they evaluate performance?
Check whether they are providing tests and evaluations that could boost the child’s confidence and help him know what he learns. Right evaluating methods also restore your trust in the brand because you would know exactly what your child is learning and how much.

4. Do they offer online classes during crisis like Covid-19?
One aspect that helps in determining the seriousness of a program towards child’s learning is their adaptability. In times like these when everyone is staying indoors for long & uncertain period, is the program offering novel ways to ensure that the child’s learning is not hampered? Are they taking online classes to continue your child’s learning sessions and keep them positively engaged? Any program that does this gets a big uptick for their commitment.

How Maths can be Fun Using Abacus?

Abacus Programs for kids can help.

Here are some important benefits of the abacus:

  • Abacus classes use interesting training methods and familiarize children with numbers and calculations in more engaging ways. This improves their approach towards math and its skills.
  • Right Abacus math programs for kids strengthen the brainpower of a child. While practicing, they touch the beads of Abacus and activate both sides of the brain.
  • Experienced and skilled Abacus trainers help remove any math-related anxieties by individually addressing a child’s concerns.
  • Activities like flashcards, listening, speed writing, jumble dictation, LRW (listen, recall and write) develop a child’s ability to learn quickly and more effectively, be it math or any other subject.
  • Abacus mental math training also enhances key cognitive skills like focus, memory, observation, reasoning, and logic, which children can apply in math and other subjects.
  • Improved math skills lead to better grades in maths as well as other academic subjects, leading to an increase in their self-confidence.