Kumon continued its 22-year streak as the No. 1 education franchise by Entrepreneur magazine. The company also posted an impressive No. 6 overall ranking for the third consecutive year in the magazine’s prestigious Franchise 500 list released today.
Entrepreneur’s annual rankings are based on outstanding performance in areas including unit growth, financial strength and stability and brand power. The Franchise 500 ranking is considered an invaluable tool for franchise recruitment.
“Kumon’s continued top ranking in Entrepreneur’s education category is a key indicator of the strength and quality of the franchise opportunity Kumon provides,” said Mike Shim, senior vice president of field and operations for Kumon North America. “Kumon’s proven business model provides the support new franchisees in Canada and the U.S. need to be successful. They join a team of professionals whose goal is to sustain a high-quality learning environment that focuses on education enrichment.”
Kumon’s ranking comes during a time when the company is experiencing a surge in growth and demand from parents for enrichment services. In 2022, Kumon opened 21 new centres in Canada, including seven centres that opened Nov. 1 to push the company over the 400-location mark there. In the U.S., Kumon opened 45 new centres.
For children from preschool to high school, Kumon is an after-school math and reading enrichment program that goes well beyond traditional tutoring. Unlike other academic programs, Kumon is individualized for each child. Kumon’s curriculum takes a step-by-step approach to learning, helping children develop strong math, reading and writing skills. Kumon Students develop confidence, increase focus and improve study habits on the way to unlocking their true potential.
“As the demand for services continues into this new year, we look forward to helping our Instructors navigate their way in providing valuable enrichment to students,” Shim said. “Get ready for an exciting 2023 with Kumon.”