These three educational franchises can deliver you a fresh future at a budget price and add to Australia’s knowledge bank by boosting the youngest generation’s skills.
Seriously Addictive Mathematics
What’s the job? Maths tutoring using an award-winning learning and enrichment program for students in kindy to Year 6, based on Singapore Math which combines fun classroom learning with self-learning worksheets
Upfront cost: $20,000–$50,000
What does this include? Start-up marketing pack, marketing support, national branding, support and resources including podcasts
What extra costs will you incur? Total investment could be between $30,000–$100,000: fitout, marketing, legal fees, working capital for 12–15 months
How long is a term? 3 years, with an option to renew
Qualifications: None required
Business started: 2010; 2016 in Australia
e2 Young Engineers
What’s the job? Managing enrichment programs that combine education and entertainment to teach STEM – science, technology, engineering, maths
Upfront cost: $39,000–$54,200
What does this include? Exclusive territory, marketing, managerial, financial planning and logistical support; proprietary Brixio tools
How long is a term? 6 years
Qualifications: None required
Business started: 2008
Tutor Doctor
What’s the job? Managing a team of professional tutors, following an award-winning home-based business model
Upfront cost: $60,000
What does this include? A launch support program including intensive training, webinars, milestone reviews, marketing support and resources including podcasts
What extra costs will you incur to set up? There will be an extra $10,000 of costs
How long is a term? 10 years, with a 5-year renewal option
Qualifications: None required
Business started: 2000
