Children never go out of style; nor does the desire of parents to give them the best. Child-focused franchises that specialize in extracurricular offerings such as tutoring, art instruction and physical activities, including karate, are hot and getting hotter.

FranNet consultants across the U.S. and Canada are seeing increased interest in services and companies geared toward children, even in a tough economy. This sector has emerged as a success story of the post-recession economy, a trend the Franchise Business Review documented in a recent research report.

“In 2008 and 2009, home health care franchises were the most popular and in late 2010 and throughout 2011, child service franchises have become our most popular,” says Jania Bailey, President of FranNet.

“Parents will do whatever it takes to make sure their children succeed and as schools cut funding for extracurricular programs, parents are searching for alternatives to enrich their children’s time after school,” says Bailey. “More than ever parents want to give their children an academic leg up, and that often means additional tutoring.”

Many franchise opportunities within the child services sector offer flexible working hours, good return on investment, an opportunity for local community involvement and a rewarding experience for operators who enjoy spending time with children, the FBR report says.

FranNet consultants have worked with new franchisees who’ve successfully transitioned from corporate management jobs to owning tutoring franchises. One client of Cari Lyn Vinci, of FranNet West in Sacramento, CA, bought her first tutoring franchise in December 2009 and quickly added a second territory. She’s eyeing two more and has become one of the franchisor’s top achievers. Another client liked a child services franchise so much he bought three territories at once.

“Both clients are highly skilled professionals who want to give back,” Vinci says. “Yes, they are delighted that their business will replace their six-figure income, but there is also the satisfaction of helping others. You really can’t underestimate that side of child service franchising.”

FBR’s research also found happy franchisees, with an overall satisfaction level 5 percent higher than all other sectors. Sixty-one percent of franchisees work less than 40 hours per week; 39 percent work less than 30 hours.

Child services is one of the few sectors in which franchisors can encourage franchisees to run their businesses part-time while keeping their full-time jobs, according to the FBR. Even more good news: Child services rated 10 percent higher than all other franchising industries in training and support. for franchising as a whole where franchisees commonly work 50- to 60-plus hours a week.

For corporate workers looking for alternatives, child education and service franchises are a best bet this year in franchising. If you are thinking about starting a business, there is a significant benefit for you to talk to a franchise expert and get the facts first! We can give you tips, advice and help you make the right decision for yourself, your family and your goals.

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