Earnings Claims of Top Franchises Revealed

Earnings Claims of Top Franchises Revealed

  • Anytime Fitness
  • CruiseOne
  • Firehouse Subs
  • Jimmy John's
  • Massage Envy
  • Menchie's
  • Orange Leaf Frozen Yogurt
  • Planet Fitness
  • The UPS Store
  • Yogurt Land
  • And Hundreds More...

No, thanks. I'm not interested in uncovering the actual earnings of hundreds of franchises at this time.

Franchise Mentor: Kumon Center Franchisee Shares Lessons for Her Success with Math and Reading Program (Part 1)

by Brian Bixler on April 15, 2013

in Child-Related Franchises, Education Franchise, Franchise Mentor

Franchise Chatter Membership Information

Don't Invest in a Franchise Until You Check Out This List Find the Ideal Business for You

This post is the first of two parts. To read Part 2, please click here.

You do the math: Nicole Smith’s oldest daughter was 6 years old when her mother started a Kumon Center in Pierrefonds, Canada, near Montreal. That same daughter is 24 years old today and Smith has remained a franchisee, selling her first center and opening a new one when she moved to southern Ontario in 2010.

Nicole Smith, President of the International Association of Kumon Franchisees

Nicole Smith, President of the International Association of Kumon Franchisees

Kumon is the world’s largest after-school math and reading enrichment program, allowing children to build better skills for a more successful educational experience and maximize their potential as a student. When Smith’s daughter was enrolled in a Kumon Center more than 18 years ago, her mother became so interested and involved in the program that she became a franchisee in 1996.

Over the years, Smith has seen the company and its franchise plan progress in a variety of ways, including improved training and operations, that have enhanced the franchisee experience, she said.

“Like many others, I opened my first Kumon in a church basement,” Smith, 47, told Franchise Chatter, noting that when she started her business, such a location was not unusual for a center. “But then my story kind of reflects the changing face of Kumon, because I took it into a commercial space in 2001. I was one of the first ones in my area to do that.”

Today, the company requires franchisees to operate in a commercial space, she said, though longtime franchisees who began operating in a less conventional space like a church or community center have been grandfathered in to remain operating where they are. Still, nearly all of the North American Kumons in the United States are located in a commercial space; and more than half of those in Canada have transferred to new spaces, with the ultimate goal of having all those in first tier markets in commercial space, she said.

A Professional Setting

“The thing about the commercial model is you can expand your student accommodation by opening more days and opening more hours because you have the space 24/7,” she said. The environment also conveys a much more professional setting, she added.

“I think people respond differently,” she said. “They have a much more casual, drop-in attitude when you’re in a church or community center. In a commercial space, they look at it more as a business. There are things that are easier to explain to customers when you’re in a more professional model.”

Another step Smith took to portray a more professional air was transferring her progress reports to a digital database that she can access by computer, instead of handwriting everything in record books.

To Access the Rest of This Article and Other Premium, Income-Enhancing Content, Subscribe Now or Log In.

Gain the Insider Information (and Actual Earnings Data) You Need to Make a Safe and Smart Franchise Investment. Click Here to Learn More.

Gain the Insider Information (and Actual Earnings Data) You Need to Make a Safe and Smart Franchise Investment - See more at: https://www.franchisechatter.com/register/#sthash.le7wKJKM.dpuf

Franchise Matching Quiz

{ 0 comments… add one now }

Leave a Comment

Previous post:

Next post: