Is There Money in Education | Be The Boss

Is There Money in Education?

Rob Lancit

Date

Sep 23, 2019

Thank heavens for educators, right? Our teachers taught us as kids and helped us develop into the functional and successful adults we are today. Many of us now have children whose curiosity and learning are being fostered by a new generation of teachers (or sometimes, even the same teachers who taught us). Education is a very altruistic business. In some states, teachers are well compensated. In other states, not so much. We all love teachers and we all love learning, but if you’re looking to own a business, you need to make money. Is there money in education?

Education Franchises

You can make a ton of money if you own an Ivy League University. But if you’re reading this article, I’m going to assume that you don’t. Private school ownership can be lucrative, but it’s not easy. There’s a whole host of regulations to meet, and these schools typically aren’t “owned” by a single person, but rather are managed by a board of trustees. However, with an education franchise, the framework is much simpler. “An education franchise?”, you might be asking, “Is that even a thing?”.

Of course, it’s a thing. The franchise model doesn’t only pertain to landscaping or the food service industry. Franchising has been utilized by numerous businesses in a wide variety of sectors to maximize their profits and spread their work. Education is one such field. There definitely is money in educating others, you just need to find the right education franchise opportunity.

Education Franchise Opportunities

You can’t just start up a high school or an elementary school. You need to be selective with who and what you teach. Some education franchises focus on specific age groups. For example, there are education franchise opportunities that focus on teaching preschoolers. Other education franchises focus on what they teach rather than who they teach. Some education franchises specialize in teaching the sciences. They can supplement the education children get in standard schools by coming in and giving lectures and demonstrations on a variety of different scientific principles. There are even franchise opportunities for teaching teens how to drive safely. Or, if you prefer something more creative, why not pursue an education franchise that gives you the opportunity to foster the creativity of children and help them find their artistic passions?

Adult Education Franchise Opportunities

There are plenty of educational businesses that focus on adult education rather than dealing with children. Many of these education franchises focus on business education. You can sit down with business managers and teach them what it will take to grow their business. Or you can buy a franchise from an educational business that focuses on teaching other businesses how to improve their finances or how to promote and market their brand.

The business world is a very competitive one. In fact, pretty much all sectors are competitive today. Whether you’re teaching people how to run their business to get ahead of the competition or you’re teaching children math or reading skills, you are giving people the tools they need to get ahead, and that is rewarding. Rewarding in an emotional sense but also in a financial one.

Be The Boss

To learn about some of the educational franchise opportunities available to you, please contact us.