Kumon is ranked No. 10 overall on entrepreneur’s elite list
Kumon continued its 23-year streak as the No. 1 education franchise, as ranked by Entrepreneur magazine. The company was ranked No. 10 overall, putting it in the Top 10 of the magazine’s prestigious Franchise 500 list for four consecutive years.
Entrepreneur’s annual rankings are based on outstanding performance in areas including unit growth, financial strength and stability, and brand power. The 45th annual Franchise 500 ranking is considered an invaluable tool for franchise recruitment.
“Kumon is proud to be ranked by Entrepreneur at the top of the education category once again,” said Mike Shim, senior vice president of field operations for Kumon North America. “We are committed to maintaining the strength and quality of the franchise opportunity even as we work to ensure Kumon remains an affordable investment. Kumon Instructors provide high-quality education enrichment services to their students, and it is our honor to support them as they endeavor to make a difference in their communities.”
2023 marked another strong year for Kumon, which has reported a surge in franchise agreements and dozens of new center openings in the wake of unprecedented demand for education enrichment services.
New technology for Kumon franchises
This year, Kumon will venture into an exciting new era of technological development with Kumon Connect, a web-based app where students can complete their worksheets rather than doing them on paper. With Kumon Connect, students still go to their local center twice weekly. However, Instructors will be able to support students in convenient, accessible new ways without sacrificing the fundamentals of the Kumon Method.
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.
“Our Instructors are professionals who are helping students make up ground lost during the pandemic and, in many cases, zoom ahead of their classmates. We do not see the demand for services slowing down in the near future,” Shim said. “The increased demand creates new opportunities for people interested in opening their own education business.”
Learn more about franchising with Kumon Math and Reading Centres
