The education sector in India is estimated at US$ 91.7 billion in FY18 and is expected to reach US$ 101.1 billion in FY19E
The arrays of business opportunities in the children education sector are enormous. There are various franchises available that provide children with daycares, gymnastics, haircuts, sporting goods, clothing, sports training. There are also franchisees for Science, Technology, Engineering and Mathematics (STEM) enrichment classes such as robotics and art, and tutoring in math and English.
The education sector in India is estimated at US$ 91.7 billion in FY18 and is expected to reach US$ 101.1 billion in FY19E. By 2025, the sector is expected to reach US$ 35.03 billion.
Today’s parents are willing to invest in their children’s education to provide them with the best life possible. This has led to the growth of an array of children and education franchise concepts that serve them. Here are the following reasons why you should invest in children’s education franchise
The amount of investment required to start a children education franchise is often quite reasonable. Many education franchisees can be run out of a home office and staffed often by just the owner like daycares and tutoring centres. Though, some franchisees require a significant investment since they must be run out of a permanent location and be staffed by employees. They also tend to generate more revenue than home-based franchises.
Children education sector is fairly recession resistant. Parents always seek out things that stimulate the education of their children. Regardless of the state of the economy, child-based services will always remain in demand regardless of the state of the economy.
Good Work-Life Balance
Some children and education services franchises can be run while your children are at school or at home. Children franchisees provide you with the flexibility of leaving work when you need to. The total hours worked by many franchisees in the children services sector may be lower than that of other sectors. Although, some franchise concepts necessitate working late and weekend hours, particularly sports and tutoring ones.
A Rewarding Career
Many franchisees who elect to invest in a children or education services franchise find doing so to be far more than a financially rewarding experience. They enjoy being able to help better children’s lives and building long-term relationships with the families they serve oftentimes while having fun.