Why Kumon, the Top Education Franchise, Is the Perfect 2022 Investment
The Kumon Franchise is one of 2022’s hottest commodities.
As schools continue to struggle with the ongoing disruption caused by the pandemic, parents are turning to Kumon to not only ensure their kids catch up but also to give them every advantage going forward. To meet the increased demand, Kumon has launched an aggressive growth strategy to open new centers around the U.S. and Canada.
At the same time, the pandemic has spurred The Great Resignation. As people leave behind their old careers in search of more fulfilling work and more control over their futures, they are discovering that Kumon offers the best of both worlds.
Kumon is the top education franchise in North America, with about 1,600 Kumon Centers in the U.S. and Canada. Although Kumon has room to grow in many communities, the brand anticipates strong growth this year in California, Texas, New Jersey and New York, as well as in Canada. The education enrichment industry is worth $23.4 billion in the U.S.
“Opening a Kumon Center is a life-changing opportunity for our instructors, as we call franchise owners,” said Mike Shim, senior vice president of field and operations for Kumon North America. “Kumon’s proven business model and outstanding training and support programs make it possible for instructors to own and operate a profitable business that they love and also to make a difference in the lives of children.”
The Kumon Method
Kumon was founded in 1958 when Toru Kumon opened the first Kumon Math Center in Osaka, Japan. Kumon was a math teacher who had created worksheets to help his own son, a second-grader, practice math basics. Those worksheets became the prototype of the Kumon Method.
Today, Kumon Centers offer education enrichment in both reading and math. Students visit the centers once per week and practice at home for 30 minutes per day, per subject, on other days.
It’s a formula that has worked for more than 60 years – and it’s all based on the importance of mastering concepts using worksheets that were developed by a father out of love and concern for his son. This year, Kumon North America launched a new creative campaign that leans into that tradition of practice with the tagline, “Practice Makes Possibilities™.”
What Sets Kumon Apart
In addition to being a respected education program, Kumon is highly regarded in the franchise world. Kumon has earned a number of industry accolades, including being ranked No. 6 overall on Entrepreneur’s prestigious Franchise 500 list for the last two years in a row and the Franchise 500’s No. 1-ranked education franchise for 21 consecutive years.
Kumon attracts top franchise candidates because of honors like these and because:
- The Kumon Franchise opportunity is extremely affordable, with a franchise fee of only $2,000 and startup costs of less than $65,000. U.S. franchises also are eligible for generous financial incentives worth up to $34,000, and veterans may qualify for a $10,000 bonus.
- The Kumon business model promotes steady enrollment, and therefore, steady revenue. Because Kumon offers enrichment programming rather than tutoring, student enrollment doesn’t fluctuate as much as it does in tutoring centers, where kids tend to drop out of programs after catching up or passing a big test.
- Franchise owners find operating a Kumon Center to be personally fulfilling, as they can see how their work makes a difference in the lives of children in their communities.
Who Is Kumon Looking For?
Kumon Instructors are a diverse group: They are former teachers, engineers and IT professionals. They are Asian and Hispanic, Black and white. They are smart and educated: Candidates must hold at least a bachelor’s degree, and as instructors, they must be proficient in math and reading.
The one thing they all seem to have in common is a prior personal connection to Kumon. Many were former Kumon Students or Parents. Others are relatives of a Kumon Student, or perhaps they worked as an assistant at a Kumon Center during high school or college. Most Kumon Instructors are attracted to the Kumon Franchise opportunity because they have experienced firsthand how well Kumon works. They believe in the brand.
EJ Cho, the instructor at Kumon of Stafford-West in Virginia, was a former Kumon Student and worked as a center assistant while in graduate school. When she had her own children, she became more interested in education and working with children, and she explored opening her own business. She immediately thought of Kumon.
Cho tries to inspire her students to find the joy that comes from learning new things. “You need to have the mindset that you want to continue to learn and grow,” she said. “When you are working with little kids, especially, they have to see education as joyful. If they see it as a chore, they will never enjoy learning.”
Kumon’s proven business model, affordable cost, extensive training and support programs have positioned it at the top of the education franchise world. Kumon is currently recruiting instructors who want to own and operate a profitable business and make a lasting, positive impact on children in their communities. If that sounds like you, we invite you to learn more at https://www.kumonfranchise.com/