Are Educational Kids Tutoring Franchises Viable in Down Economy?
One of the most intriguing franchise business opportunities currently has to be the educational tutoring franchises and schools. There are franchisor’s that offer math tutoring business franchise opportunities as well as reading and literature offerings. Indeed, there are quite a bit of different franchise opportunities to choose from, but one has to ask are they economically viable during the current financial crisis and recession. There is some debate about their viability presently, a number of them have closed, and that is not a very good sign for current and future franchisees in this educational industry sub-sector. Still, there have been many success stories as well. When families are cutting costs they are apt to cut education costs if at all possible and if they can do so without jeopardizing their child’s academic future. Some families refuse to cut-back on their children’s education and thus, there will always be customers. So, depending on the location and demographics thes
