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There is a famous lyric from a Whitney Houston song which states, “I believe the children are our future. Teach them well and let them lead the way.”
There are many franchisees that directly apply this sentiment as part of their business.
It’s not just education franchises either; since parents want to keep their children happy, fit and entertained, more and more types of businesses are entering this sector in an aim to fulfill a clear and obvious demand.
If this industry is an area that interests you, then read on as we have put together three key reasons why this might be the investment opportunity for you.
Market Variety
According to StatCan, almost 17% of Canadians are under the age of 15.
Thus, there are lots of kids and lots of parents who are looking for a little help from businesses who can assist them or just simply offer expertise in an area that they're stumped by.
Parents really do spend quite a lot of money on raising their kids.
"Where does all that money go?", you are probably asking.
There are many answers to this, but child care, education, housing, health care, and clothing, housing, food and transportation are just some of the answers.
Thus, if your interest lies in retail, education or a whole host of other areas, then there is probably a kids-related franchise to suit you.
A Good Fit
If you are a person who is great with kids and loves to inspire future generations, then this could be an industry that clicks with your skillset.
Folks who are patient, energetic, enthusiastic, empathetic and a bit imaginative often work well within these business types. If that sounds like you, then this could be your perfect opportunity.
Make a Real and Direct Impact
Many businesses within this industry work to inspire and help young people find their potential. Thus, those who invest in this area are often looking to make a direct positive impact on other people's lives.
For instance, School of Rock encourages children to learn music with the end goal of playing actual concerts in real venues. There are other businesses that work to educate children in mathematics and coding, while other businesses look to create positive learning environments.
This industry has a wide variety of business types, with quite a few of them focused on improving and inspiring better futures.
If this is an area that suits you, then check out our kids-based franchises here.
Our full A-Z listings may be of interest too and they can be viewed here.