Published on 11th September 2024 | 2:00 PM

Running an education franchise is like stepping into a live classroom of entrepreneurship. Here are five lessons you’ll discover along the way:

> Lesson 1: Education is Business - But with Heart

In most businesses, successes often lie in the figures. However, success in an education franchise is not enacted in the present but rather in the future. It is not long before you understand that, as great as it is to make money, it is far greater to change the lives of students. It is about income generation and stewardship.

> Lesson 2: Customer-Centric Approach

Students are not just consumers of educational services; they are the innovators. Their feedback mostly determines how your program should look and makes you reconsider all aspects from teaching to functioning. Franchising means that when you have an education franchise you are reshaping in accordance to their requirements or aspirations.

> Lesson 3: The Power of Local Networks

Franchises include the benefit of a recognized brand’s name but that alone cannot lead to massive success rather than leveraging the local networks. It becomes your secret sauce to build trust with parents, schools, and the community. Indeed, it is not on the level of ads and commercials but on the level of friends suggesting something to another friend.

> Lesson 4: Adapt or Fade

In the field of education, change is common. The franchisee is in a position where they have to look at the bigger picture and determine how they should proceed. Having it too comfortable means lagging behind.

> Lesson 5: The Classroom is Everywhere

Every communication is a learning process — whether it’s a student asking a question, or a colleague sharing a valuable idea. Entrepreneurship is not something that one can do just while being in the office, but in an education franchise, it is a continuous process of listening, learning, and evolving.

Lastly, education could be described as one of the noblest kinds of businesses that are very closely connected with the future of people, and the fact of running an education franchise is not only a practical experience of how business can and should be effectively managed in pursuit of both profit and purpose.