Essay about Franchise: Education and Franchise Business

Submitted By KinnieTung1
Words: 333
Pages: 2

Franchise Evaluation Paper
My franchise business is “Tutoring Club”. Tutoring Club Head quarter is located in Las Vegas. They provide education knowledge for child. The principal customers are three years old child to twelve grade student. This club’s goal is to bring each student to desired academic level as quickly as possible. Each student will receive individualized instruction by professional tutor. They help student to reduce stress and build confidence. They are committed to help student succeed in their education, especially in reading, math, study skills and SAT preparation. This club successful motivation system provides incentive for student to keep trying. There are 111 locations in U.s and 9 locations international. The special about this business is they maintain low student to low ratio so every student receives wealth of individualized instruction from qualified tutor. That’s can help student to be succeed. The franchise fee is $15000-$34500. Ongoing Royalty fee is 10%-12% of monthly revenue. Term of franchise agreement is 20 years, renewable. Their financial requirement: Net Worth: $50,000,Liquid Cash Available: $30,000. I will get ongoing support, such as newsletter, meetings, toll-free phone line, grand opening, internet, security/safety procedure, field operations/evaluation, purchasing cooperative, lease negotiation. I will get a market support like co-op advertising, ad slicks, national media, regional advertising. I would locate my franchise