Learn From the Best: Our Top 3 Training Franchises
Itís a great time to consider starting a franchise in the education and training industry. Whether you decide to coach ambitious adults or educate enthusiastic children, you can be sure your business will be in demand. More and more people are turning to further education to improve their career prospects, and parents understand the need to complement their children's school education to give them the best possible start in life.
Education businesses can be the best franchises to buy for entrepreneurs who want to help other people while building a profitable and rewarding business. The benefits of starting your own training franchise are:
- Growing market: Training and education franchises can weather any economic storm itís faced with. This is because, regardless of how tight money is for families, parents will always be willing to invest in their childrenís futures. Paying for additional tuition is viewed as a necessity rather than a luxury. Similarly, in times of economic uncertainty, ambitious individuals want to improve their employability by learning new skills.
- Satisfying: Teaching both young and old alike how to master a new skill can be extremely rewarding. Running a business where you get to see your students increase their knowledge and grow in confidence makes the tough times worthwhile.
- A wide range of options: There are so many different types of training franchises for you to invest in that you can be sure there will be one that you'll be passionate about. If you enjoy working with children, then there are franchise opportunities available to teach the younger generation how to act, sing, dance, or perform yoga. Or you could stick to the more traditional after-school tutoring in subjects such as math, English and science. If you prefer working with adults, then there are a wide range of business consultancy franchises enabling you to share your knowledge and experience with others.
- Flexible: Particularly if you choose to operate an education franchise for children, the majority of your work will be completed after school hours or on weekends. This allows you to pursue other interests during the day, or even give you the chance to run another business. Whatever you choose to do with your free time, training franchises can be run from the comfort of your own home and are flexible enough to allow you to control your work schedule.
Training franchise opportunities
If you think youíve got what it takes to inspire and teach others to learn, here are some of the best franchises to buy within the education sector.
Starting a franchise with Kumon could be perfect for you if youíre passionate about helping children to build a better future through quality education. Running your own Kumon study centre will be a full-time business opportunity where you will teach children math and reading academic enrichment programmes after school hours.
With a low investment franchise fee of just £3,000, you can have your own centre up and running within three to six months. Although this is a very affordable franchise fee remember that you will also need to pay rent and have access to working capital while you build your customer base.
You donít need any previous experience or a background in education to open your centre. The only criteria you must meet is to be educated to degree level or equivalent, have a full driving licence and pass a proficiency test in both math and English. And of course, you need to be driven and determined to make a success of your franchise.
Youíll receive 11 days of training so that you can confidently apply the Kumon method of learning. Even when youíre running a successful Kumon training franchise, youíll continue to receive regular training to keep you updated with any new and improved teaching techniques.
If your skill set is more suited to inspiring adult learners rather than children, then ActionCOACH could be one of the best franchises to buy. Youíll join over 150 other UK based franchisees to help small business owners to increase their profits, build strong teams, and create robust business systems.
There are several different options for joining this exciting business coaching franchise. The franchise fee is dependent on the level of entry chosen and ranges from £27,000 to £59,000. There are also three bolt-on business opportunities which can be purchased to provide your franchise with additional income streams. Youíll also require access to working capital to fund the initial cash flow requirements of your business and cover any setup costs.
You don't need to have any experience as a coach, but an established background in business is essential. The skills that you will have gained from owning or managing a business can help you as an ActionCOACH franchisee. Youíll have a good grasp of the fundamental principles of business, a robust entrepreneurial spirit, the positive attitude and be self-motivated. Add to this passion and a drive to help others, and you are the ideal candidate for starting a franchise with ActionCOACH.
Similar to ActionCOACH, Sandler Training is a sales and management training service provider aimed at providing business owners and salespeople with a professional development programme.
The initial franchise fee is £55,000. This will see you operate as a consultant and deliver the Sandler System training to your clients. If you have ambitions to grow, then you have the option to employ associates to perform the training while you focus on winning and retaining clients. As the Sandler Training business model is based on reoccurring income, you can achieve profitability quickly and grow through business referrals.
Prior experience in sales and management is preferable but not essential. As a Sandler franchisee, youíll receive over 1,500 hours of comprehensive training to make sure that you understand the Sandler model. The training will be made up of both classroom-based and hands-on learning activities so that you become immersed in the business. As long as youíre business-minded, are good at building relationships, and you're committed to becoming a success, then this training franchise could be right for you.
The Editorial Team, Point Franchise ©
How to develop an effective relationship with your franchisorArticle published on 24/05/2018 18:00
Franchising and profitability: How it worksArticle published on 24/05/2018 08:00
Tell-tale signs that a franchise isnít worth your effortArticle published on 23/05/2018 19:00
Multi-level marketing or franchising? You decideArticle published on 23/05/2018 08:00
Invest in a franchise or go it alone?Article published on 22/05/2018 17:00