More of us want to be in control of our destiny and develop a better work-life balance. Now you can have your cake and eat it with a childrens franchise!
Running a childrens franchise offers a happy medium at home and career wise because you get the rewards of working with children and the challenges of running your own business. You get a good balance of time with children and working with adults – be they suppliers, the franchisor or parents.
Childrens franchises provide services for children but these services are marketed to adults – therefore the offering has to be something parents want, or feel they need, to provide for their children. The activities work around school, so most children’s franchises are owner operated franchises. As a franchisee, you’ll manage all elements of the business – the marketing, accounts, service delivery, makes the work varied but also demands excellent time management and multitasking skills.
The advantages of running your own childrens franchise
The main advantage of this type of franchise is that they are very affordable to start up and the franchisor will provide a support package and training so you are able to deliver the service.
In addition, franchisors have your interest at heart – they want your business to be a success because then they make money, too.
Childrens franchises that won’t break the bank
If you are interested in a career working with children, here are the most popular types of low-investment franchises available:
- Education or tutoring franchises – these are set in place to offer support to children who are struggling in school or in some cases, like the Kumon programme, when children are looking to be challenged academically outside of school. Subjects range from science and maths to computers and English.
- Children’s parties franchises – there are a host of franchise opportunities here such as Go Kart Parties, Popstars Academy (singing and dance parties/classes) and Kids Party Club.
- Childrens fitness franchises e.g. Yogabugs. Some of these are managing to develop contracts with local schools to support the sporting provision by the school.
- Toddlers franchises – these are in place to provide pre-school activities for parent and child. The main selling point is that they are “socialising” the child. Companies like Tumbletots, offer a range of activities whilst others may specialise in music or singing.
Working with children is very rewarding, especially those franchises that help with child develop. On the party side of things they are just plain fun – but beware, it is still a business and you will have to put in significant effort to find new business. Kids grow up fast and may outgrow your franchise quickly so be prepared for high attrition rates and the need to work hard to gain new customers.
