Setting up of tuition centre
-
hi, nono.. it's not true that if I join a franchisee with ready MOE licensing, it's \"safe\". MOE states that it's CENTER-SPECIFIC. meaning, licensing must be issued for ALL individual branches. I've spoken to a few franchise businesses which do not help their franchisees get licensing... this is the biggest headache though..
-
hi ivan, so overall, you recommend Pro Teach? How about Just Education? they’re into franchising now too… but it’s only purely tuition business… what do you think? appreciate your help!
-
hi , thanks for your replies and guidance. My intention is not so much to set up child care centres … i’m more inclined towards setting up tuition centres instead . Pro-Teach and Just Education seems suitable choices. Any comments on these centres? Just Education publishes assessment books. Pro-Teach has overseas branches now too! Their founder is really capable to manage so many branches throughout Singapore! They’re really making it big. Does anyone has experiences as franchisees? Thanks in advance!
-
jamiechia73:
hi , thanks for your replies and guidance. My intention is not so much to set up child care centres ... i'm more inclined towards setting up tuition centres instead . Pro-Teach and Just Education seems suitable choices. Any comments on these centres? Just Education publishes assessment books. Pro-Teach has overseas branches now too! Their founder is really capable to manage so many branches throughout Singapore! They're really making it big. Does anyone has experiences as franchisees? Thanks in advance!
Hi there,
Happen to see your post but don't mind me being kay-poh but getting into franchises involved hugh sum of money and no guarantee of hugh returns. I've known some friends whom complained the high costs involved. What I think is that you can start small and do teaching yourself. I've got a close friend who did tuition centre himself for the past 5 years and his student grew till date slightly more than 100 students. But I got to say that he's very passionate about what he's doing. Give it a thought... -
ZacK:
He opened KinderLand. For child care your profit is limited because the number of children that you can take in is limited to the your space and 1 teacher to 8 or 10 children. So if you got 11 children you need to employ 2 teachers. Profit is fixed, rental cost is not when it went up your profit will be reduce. If you take franchise you can't turn the place to tutition center during weekend to end some extra. I guess in any biz in S'pore we have to be very careful of rental fees unless you are doing internetmarketing.Ivanlew:
I had a friend who opened a child care center after 3 years he give out but was lucky that he managed to cover his investment and franchise fees.
Is it convenient to post here which franchise your friend went into? What was the market that your friend's child care centre catered to? Or an indication of what were the fees that your friend's centre charged per child?
Just curious to find out :oops: -
Ivanlew:
He opened KinderLand. For child care your profit is limited because the number of children that you can take in is limited to the your space and 1 teacher to 8 or 10 children. So if you got 11 children you need to employ 2 teachers. Profit is fixed, rental cost is not when it went up your profit will be reduce. If you take franchise you can't turn the place to tutition center during weekend to end some extra. I guess in any biz in S'pore we have to be very careful of rental fees unless you are doing internetmarketing.
Thanks for the note -
jamiechia73:
hi ivan, so overall, you recommend Pro Teach? How about Just Education? they're into franchising now too.. but it's only purely tuition business.. what do you think? appreciate your help!
Pro - teach is day care that provide tuition but I don't think they allowed you to give extra lesson to earn more or utilize your place during weekend or at nite. If pro-teach royalty fee cost $120K do you think is very expensive and let say you throw in another $30K for renov and put a side for the first few months of your operational cost before you breakeven. YOu might have to prepared around $200K. So have to find out more. They charge $50 to talk to them. Have to also ask them what is their strategic when primary school turn to one session. It will difinitely affect day care profit. My opinion is running a tuition center is simple than running a day care center.
Just Education. I didn't find out from them. Do you have their contact?
I do email them to get more info but never reply. -
Instead of franchising, I would suggest that you do research on new teaching methods. Just google and find some western or japanese sounding names will do Then charge high fees. Parents will think that, since it is so expensive, must be good right ? I also think that parents are willing to try out new teaching methods to give their kids an edge.
Here's some teaching methods :
http://www.mentalfloss.com/blogs/archives/25926
Seriously, I have been thinking of setting up business in the education sector, and that's what I will do if I ever start on it. -
hi ivanlew, you seem very experienced… have you spoken to any franchise business before? which are the ones?
-
As mentioned by Ivanlew, "Pro - teach is day care that provide tuition but I don’t think they allowed you to give extra lesson to earn more or utilize your place during weekend or at nite. " … is this allowed? do they have MOE licensing?