Current Trends in the Education Industry
The education industry is ever-evolving and growing. So, you need to keep up with the latest trends to stay ahead. At Best in Class Education Center, we strive to empower our education franchise holders to realize our shared mission: to help students develop the skills and knowledge they need for a bright future. Below are some of the industry trends we expect to be important in the near future.
A Growing Field
The education franchise field and the education industry as a whole are growing. According to the Bureau of Labor Statistics, education-related occupations are expected to grow by about nine percent between 2016 and 2026.
The franchise field is growing even more quickly. Education franchise businesses can be quite lucrative due to the high gross profits, attracting people to the industry.
Tutoring in the United States is a roughly $7 billion industry. Franchises make up a large chunk of this. They are split between at-home tutoring and on-site education centers.
More children spend time in childcare and private education settings than ever before. There is a growing understanding that effective education at a young age has major implications for lifelong success. As this trend continues, early childhood education franchise opportunities will also grow.
More Than Just Education
A growing trend throughout the education industry is an increasing focus on overall child success. The climate and culture in which young people are learning are as important as the content of what they are learning. Educational facilities are striving to support children’s mental health, social interactions, and safety.
The goal of much of this is to provide a positive learning environment using data-supported techniques. Private education franchises that are able to pick up this trend will excel beyond others focusing on more conventional learning environments. Fortunately, the opportunity for more individualized attention in franchises helps in this matter.
Increased Focus on Continuing Development
Many educators are placing a great level of priority on professional development. Education techniques are evolving at an ever-increasing rate, largely due to technology and greater pedagogical discussion. Consequently, educators are highly focused on improving their skill sets. Keeping pace with this is essential for any education franchise.
Discover more about the education industry and education franchises by contacting Best in Class Education Center. We are happy to answer any questions you may have about franchises or our services.Back