Here's why a Kumon Center franchise presents a good opportunity for aspiring entrepreneurs

MANILA, Philippines — The best answer to the question, “What is the right business for me?” is always “It depends.” Each business model has its own advantages and challenges, and choosing one should depend on your goals, resources and the demands of the market.

There are several business models you can try to help generate value for your customers, such as product or service, shared assets, lease or rental, insurance and reselling. However, according to Investopedia, tried-and-true business models that dominate the market include direct sales, subscription-based, “freemium” and the franchise model.

In franchising, the brand owner (franchisor) grants the investor (franchisee) the right to operate a business and use their brand name and business system in exchange for royalties and usually an initial fee.

Considering the diverse range of business models available, franchising a Kumon Center presents a great opportunity for aspiring entrepreneurs.

Here we explore the benefits of franchising, particularly Kumon.

If education is your passion and purpose, franchising a Kumon Center may be your ikigai.

If you’re familiar with the ikigai diagram, it highlights four overlapping spheres—what you love, what you are good at, what the world needs, and what you can get paid for. For sure, successful Kumon franchisees realize that managing a Kumon Center has covered all these spheres.

Franchises are sought after because of built-in brand recognition. For instance, Kumon is the world’s largest educational franchise with over 60 years of continuous growth and more than 300 Centers in the Philippines alone.

When you franchise a Center, you gain access to Kumon’s proven business practices, which have been refined through its extensive experience and expertise.

One example is the company’s digital transformation during the pandemic. Despite the challenges in those years, Kumon franchisees were able to continue serving their communities even when physical establishments had to temporarily close.

It introduced innovative study options such as online, hybrid and the digital study platform called KUMON CONNECT, which continues today.

You can tap into Kumon’s comprehensive support