Contact Us

Do you meet liquid asset requirement of $200k?

9 + 6 =

A market study by Grand View Research found that the U.S. childcare market size was valued at US$54.3 billion in 2019 and is expected to grow at a CAGR of 3.9% from 2020 to 2027. The main market driver behind the growth is the increasing number of dual working parents and the rising popularity of early childhood education. In 2019 alone, 1.4 million and 3.7 million students were enrolled in pre–kindergarten and kindergarten, respectively.

FAQ – Browse Answers

Financial Resources, Calculators, More

What is a franchise?

A franchise business grants the rights to individual owners, or franchisees, to use the company’s name and branding and sell its products and services. The company granting the rights is known as the franchisor. Franchise owners receive training, guidance and support from the franchisor but are required to run their individual location while adhering to specific standards and operating systems in order to maintain consistency and brand integrity.

back to top

 

How does franchising work?

In franchising, the parent company known as the franchisor sells the rights to operate individual locations under the company’s name and branding and sell its products and services. The relationship is set up through the franchise agreement. These agreements vary from franchisor to franchisor, but typically allow an individual to run a franchised location for a set fee and specific amount of time. In addition to franchise and start-up fees, most franchises also require their unit owners to pay ongoing royalty and sometimes advertising fees. The franchisor provides its franchisees with ongoing guidance, training and support throughout the length of the franchise agreement.

back to top

 

How do I become a franchise owner?

If you’re interested in starting a franchise there are a few steps you should take to get started. First, you’ll need to find the franchise or franchises you are interested in. Maybe you already have a brand or two in mind, or maybe you are interested in a specific industry. Once you have identified franchise opportunities that interest you, submit your information using the online form and a representative from the franchisor will contact you to follow up and begin the process.

Why should I buy a franchise?

Perhaps the biggest advantage of buying a franchise is decreased risk than going it alone to start a business. Franchising provides entrepreneurs with an established name and branding as well as training and support which improves your chances of success. Of course this does not mean that it doesn’t take hard work to build a franchise business, but having these elements in place provides a greater foundation than starting a business from scratch.

What are the pros and cons of franchising?

Franchising can have many benefits but also comes with its own set of risks. The biggest advantage of buying a franchise is the training and support you receive from the franchisor as well as the name recognition. However, when you buy into a franchise system you are agreeing to operate your business as dictated by the franchisor with little autonomy. It’s important to fully examine all of the pros and cons to buying a franchise before making your decision.

What are the different types of franchises?

The two main types of franchises are business format franchises and product distribution franchises. Franchise businesses are available in more than 150 industries ranging from automotive and healthcare to food and education. There is no shortage of franchise types available for those looking to pursue their dream of owning a business.

Survey

A survey conducted by the Center for American Progress found that there is a rise in awareness of the link between economic growth, parental employment, and access to childcare, which is causing an increase in the availability of childcare centers that is increasing competition and bringing prices down.

1 (833) EARLY-ED or

1 (833) 327-5933

Current corporate training location:

Rising Stride Child Care Center of Woodlyn

1312 MacDade Blvd

Woodlyn, PA 19033

Thank you for your interest in Rising Stride Child Care Center Franchising. Fill out the form below and we will be in touch with you shortly!

Do you meet liquid asset requirement of $200k?

8 + 10 =

Copyright 2022 | Rising Stride Franchising