With 25% of parents making use of a home tutor for their children at some point during their education, home tutoring is a growing business. It is an industry estimated at around £ 6 billion a year.
Home tuition can be taught in small groups, but is often an individualized service. The benefit of one-to-one service is that the student receives intense support and at a level that is appropriate for the individual. It can help students catch up, but it can also help more capable students make additional progress. For adults, it can also provide education and skills that may have been lost in previous years.
So why has the home tutoring industry seen such a huge growth in recent times? Why do so many parents choose to spend money to supplement their children’s compulsory education?
The job market is undoubtedly very competitive. Businesses and organizations have a rich market of job applicants to choose from. Gone are the days when one could simply pursue a profession. The best-prepared candidates are in the best position to get better jobs.
Parents know this and, wanting the best for their own children, they seek to expand the opportunities available to them. That is one of the main reasons we believe there has been such a great growth in home tutoring.
In addition to this, there is the market for English classes for adults and other basic skills, but also general interests. Education for many does not stop when they reach adulthood. There is a continual need and demand for continuous learning and this provides an entirely new growth area to target.
So the demand is there, but how has the sector responded to the demand? The franchise industry has seen growth in the number of companies offering opportunities for both group enrollment and individual enrollment models.
The franchise way in business is particularly helpful for those who have never been in business before and want a fast track. Often times, a new company will go through a big learning curve in the first few years. By joining a franchise, you miss that time-consuming and costly learning curve and learn how to grow the business quickly with a tried and tested plan.
The combination of a growing industry with a franchise path to business makes a home tutor franchise business an excellent proposition.