Posted on Nov 28th 2017
Operating a franchise gives you the freedom of owning your own business along with the marketing power of a proven brand. And, when you operate a children’s franchise, you derive an added bonus: the satisfaction of enriching young lives.
Why is now a great time to start running a children’s franchise? Below are several reasons. The first two concern franchises in general, and the final three are specific to those that teach kids.
1. A Team of Children’s Franchise Experts Are Behind You
Franchisors usually give their franchisees a crash course in business management and maintaining corporate standards. These tips and lessons can provide invaluable benefit, and you might use them throughout your career.
As time passes, if you encounter unexpected issues or if you have questions, you can get in touch with your franchisor. Just knowing that the company is there to support you should give you some peace of mind.
2. Many Business Matters Are Taken Care Of
As soon as you take control of a franchise, many elements of your business are already established. They include your logo, advertising literature, employee training materials and vendor contracts.
If you had to devise all those things yourself, it would require countless hours of brainstorming and experimentation. Instead, you can start attracting customers on your very first day.
As a corollary, since much of the set-up is already complete, your startup costs should be much lower, and your return on investment should be higher.
3. Your Pedagogical Materials Are in Place
When you manage an educational franchise, your curricula, books, lesson plans, pieces of equipment, child-friendly furniture and everything else you need to teach are all ready to go as well.
Thus, the day you open your doors, you can start providing an exciting range of classes and activities. Michael Barnett, Romp n’ Roll‘s co-founder and CEO, explains that “we offer not only music and tumbling classes, but we’ve also got a whole art curriculum. We offer cooking, science, dance classes, sports and a whole lot more.”
4. You’re Part of a Stable Industry
The educational field tends to be steady, not prone to downturns or vulnerable to stock market swings. People will always spend money to augment their kids’ learning and happiness. This field doesn’t depend on fads, gimmicks or technologies that could quickly become obsolete. And, wherever you live, it’s in demand.
5. Your Hometown Bonds Are Strengthened
When you work with children, it’s natural to feel an even greater sense of community and belonging, which in turn can make life seem more fulfilling. You’ll meet parents whom you might not have met otherwise. Your kids could make many new friends, too.
Just as important, your business will make a positive and lasting impression on many families throughout your local area. As Romp n’ Roll co-founder and president Babz Barnett has noted about the company’s participants: “When they get into kindergarten or elementary school or even later in life, they have that social development already ingrained in them.”
In the end, as a franchisee, you get the perks of being the boss and the security of being an employee at a large organization. If all that isn’t enough to make you smile, the eager faces of your young Romp n’ Roll members should do the trick.
For more information on Romp n’ Roll’s franchise opportunity and to download a free Business Overview, visit our website.
Michael Barnett is the Co-Founder and CEO of Romp n' Roll. In addition to leading the Romp n' Roll management team, Michael is an active member of the International Franchise Association, the National Association for the Education of Young Children, and serves on the Board of Directors for Connor's Heroes and Juniata College Center for Entrepreneurial Leadership. He and his wife, Babz, were featured on the first season of ABC-TV's Shark Tank.