Why Buy One?
Franchising is a somewhat insured way of doing business. Kumon offers its buyers a proven business model. By choosing to buy a Kumon franchise, you establish ties with a company that has acquired worldwide success. Being a part of the Kumon family allows you to use their systems and capitalise on Kumon’s existing brand advertisement. This allows you a quick return on your initial investment.
How Much Money Need to be invested?
When starting up a minimum of three thousand pounds is expected. Giving yourself some breathing room when finances are concerned is never a bad idea. From the initial three thousand, four hundred will count towards your initial licence fee, and the other twenty six hundred will go to making your franchise fully operable in the first eighteen months. The rent and running cost for the franchise are fairly reasonable.
Is This Project Time Consuming?
When starting off, the Kumon company will expect you to invest at least twenty hours of your time every week to the development of the project. Once established, the centre will demand forty hours per week of your time (minimum).
Another important thing is that when starting your own study centre, it is important to know that you are not allowed to work more than twenty hours a week in any other employment. All Kumon study centres open for a minimum of two days per week.