Editor’s note: This article was first published in December 2012; the number of Chiquitín locations, the EUR 4,000 investment and the claim that these franchises were profitable despite the crisis reflect that time.
There are a number of education franchises that can be started with very little investment and are currently producing results. UNIR, the online university, has produced a series of video reports to help education professionals set up profitable businesses, explaining the types of franchise available, the services they provide and what it takes to get into one of these businesses.
Many teachers chose their degree with the competitive public-sector exams (oposiciones) in mind and now find themselves without a post. Becoming an entrepreneur is one way out for these teachers. Some of these franchises have already been operating in Spain for a decade, as is the case of the Chiquitín franchise, with almost 40 locations in the country. Others are newer but have more innovative teaching systems, such as Aloha, which does not initially need commercial premises.
Some can be started without premises at first, and others with a small premises and an investment of €4,000. Within education franchises, and particularly in the after-school support segment, home tutoring and private lessons are booming. They are affordable businesses because they need very little investment, and they are very well received in the market. The reason is that families cut back less on education, since they see it as their children’s future.
Some other franchises stand out from the rest, offering services that range from the early stimulation offered by brands such as Gymboree and Baby Sensory to personal growth through maths and reading, offered by Kumon. They are profitable franchises despite the crisis and affordable for an entrepreneur’s pocket.
For a long list of these franchises, you can visit this UNIR page, where clicking on a specific franchise brings up basic information on the number of locations and the investment needed to join.
“Being a teacher doesn’t mean you can’t be an entrepreneur.”
See also: Conclusion: the most profitable businesses are clothing, food and technology
Further reading
Featured image: Tomwsulcer, CC0 1.0, via Wikimedia Commons.
