Popular Education Franchise Categories
Owning an education franchise can be incredibly rewarding. That’s because it gives you the extraordinary privilege of making money while sharing your passion for learning. Here are a few popular types of businesses in this category:
Business Coaching Franchises
Business coaching is an $11 billion industry. With a business coaching franchise, you’ll help companies generate the kind of breakthroughs that allow them to get rid of worn-out modes of thinking. That way, they can make leaps to greater levels of success, productivity, and profitability.
If you have leadership talent and expertise you’re willing to share, there are thousands of businesses out there who need your help maintaining their competitive edge. A business coaching franchise could also make for a lucrative second act after you retire from a corporate job and want to strike out on your own.
The kind of expertise you can use to help companies of every conceivable size include management consulting, sales coaching, and maximization of corporate potential. It is also possible to operate this kind of business from your own home, which means you don’t have to rent office space.
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Sales Training Franchises
Companies spend over $130 billion on corporate training every year. So, if you have sales expertise, you might consider putting it to good use by starting a sales training franchise business. With this type of business, you can train startup founders, budding entrepreneurs, corporate executives, and others in the latest sales techniques and strategies.
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Tutoring Franchises
Tutoring businesses cater to parents looking to give their children an academic boost to increase their chances of getting into a good college. Because remote learning is a hot new academic trend, there’s never been a better time to open a tutoring business. Private tutoring is expected to reach a market size of almost $280 billion by 2027! By buying a tutoring franchise, you can tap into that potentially lucrative market.
There are more niche opportunities that move beyond typical school-based tutoring as well. Tutoring franchises can include companies that teach young people the fundamentals of coding, how to build robots using artificial intelligence and machine learning, and programs designed to unleash kids’ artistic abilities.
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