KUMON Philippines

Bypinoyentre

Jun 11, 2012

KUMON PhilippinesThe Kumon Method is a long-term education program that seeks to build the student’s mastery in math and reading. The Kumon worksheets have been designed to allow self-learning; meaning, students can study the topics independently without the need to be taught. This self-learning skill that Kumon nurtures gives students the confidence that they can learn anything they set their mind to.

Unlike traditional educational institutions and centers, Kumon emphasizes individual skills/capacities and self-learning — instead of implementing a strict structure, Kumon students will start at the level in which they’re most capable, then move to succeeding lessons and worksheets at their own pace, and with guidance from parents and guardians. This strategy, in turn, helps speed up their progress and boosts their confidence.

The Kumon Method takes its name from its maker, Toru Kumon, and has endured for more than half a century. First formulated in 1954 to help Toru’s son Takeshi (who was struggling with his arithmetic lessons), the Kumon Method now aids students in more than 40 countries.

The first Kumon center in the Philippines opened its doors in 1982, and has continued to expand (and get more students) since then.

How to franchise KUMON Philippines:

  • Provisional Franchise Fee and Starter Kit (initial inventory): Php28,000.00 (upon signing the Franchise Agreement.) This amount is included in your initial capital investment.
  • Estimated Initial Capital Investment (Startup Cost): Usually ranges from Php400,000.00 to Php800,000.00 depending on your location. This may include: rental deposits, business permits, renovation cost and furniture, staff and utility costs, and franchise fee).

Franchise Application Procedure

  1. Register and conveniently access our Virtual Franchise Orientation for a limited period.
  2. Register and attend a Consultation Meeting with our Franchise Recruitment Manager.
  3. Pass the Test and Online Training.
  4. Have Your Location Approved.
  5. Open Your own Kumon Center.

Contact Details of KUMON Philippines:

19th Floor, Philamlife Tower,
8767 Paseo de Roxas Makati,
Metro Manila, Philippines
Tel: (02) 8885-0226, (02) 8885-0251
Mobile No.: (0917)629-9760,  (0917)503-9659
Email: [email protected], [email protected]
Website: ph.kumonglobal.com
Facebook Page (This link will open on a new window)

Basics of Franchising KUMON Philippines

Franchising benefits

Franchisees gain access to a proven business model, established brand reputation, and ongoing support from KUMON Philippines, reducing the risks associated with starting a new business. They benefit from collective advertising and marketing efforts conducted by the franchisor, which can result in increased customer traffic and sales. Franchisees also have the opportunity to tap into the training and operational resources provided by the franchisor, enhancing their chances of success and profitability. Below are just a few pointers why franchising KUMON Philippines is beneficial for the inverstors:

High success rate due to its business model rather than starting from scratch.

Franchising KUMON Philippines offers the advantage of tapping into an established reputation and customer base, which can significantly reduce the time and effort required to build brand recognition. Additionally, franchisors typically provide comprehensive training, ongoing support, and proven business models, mitigating many of the risks associated with starting a new venture.

Franchisees benefit from economies of scale in purchasing, marketing, and operational support, which can lead to cost efficiencies and improved profitability.

Overall, franchising offers a structured pathway to entrepreneurship with a higher likelihood of success compared to launching a new brand independently.

KUMON Philippines is a recognized brand or trademark that can bring you success.

Success is achievable for franchising recognized brands like KUMON Philippines due to their established reputation, which can attract customers more readily and build trust faster than starting a new brand. Franchisees benefit from proven business models, operational support, and marketing strategies provided by KUMON Philippines, reducing the risks associated with independent entrepreneurship.

Additionally, being part of a well-known brand network offers access to economies of scale, collective marketing efforts, and a support system among fellow franchisees, enhancing the likelihood of success.

Availing financing from various sectors is highly likely due to a good brand reputation.

Financing is often more readily available when franchising a reputable brand due to several factors. Banks and lenders are typically more willing to provide loans to franchisees of established brands because they have a proven track record of success and lower risk compared to new, unproven businesses.

Additionally, franchisors may have relationships with financial institutions or offer financing options themselves, making it easier for franchisees to secure funding. The recognizable brand name and business model of KUMON Philippines also provide a level of security for lenders, increasing the likelihood of loan approval and favorable terms for franchisees.

Formula for success that a franchisor may provide.

Low-cost supplies and efficient supply chain management contribute to higher profit margins for franchisees by reducing the cost of goods sold. Effective marketing increases brand visibility and customer traffic, leading to increased sales and revenue. A prime location maximizes foot traffic and accessibility, further enhancing the franchisee's revenue potential and profitability.

5 things to consider when franchising KUMON Philippines

1 Make sure that you really want to own this franchise and this will best fit your venture among other offered business opportunities.

2 Be certain that you can work harmoniously with KUMON Philippines franchise and it is within your interest. A visit to one of the franchise store will help you be more aware of operation and proceedings.

3 Carefully study the Terms and Condition, Franchise Agreement, and what are included in franchising KUMON Philippines.

4 Check if KUMON Philippines franchise will be compatible with the rules and regulation, as well as existing laws on chosen location.

5 Best location is one key aspect to have a successful KUMON Philippines franchise. Study the environment and see if your business suits the surroundings.

Successful frachising 101

Becoming a successful KUMON Philippines franchisee requires a combination of strategic planning, dedication, and hard work. Here are some steps you can take to increase your chances of success:

Research

Start by researching various franchise opportunities to find one that aligns with your interests, skills, and financial resources. Look for franchises with a proven track record of success, strong brand recognition, and a supportive franchisor.

Understand the Franchise Agreement

Carefully review the franchise agreement, including all terms, fees, and obligations. Make sure you fully understand the expectations and requirements of being a franchisee.

Financial Planning

Evaluate your financial situation and determine how much capital you have available for investment. Consider not only the initial franchise fee but also ongoing expenses such as royalties, marketing fees, and operational costs.

Training and Support

Choose a franchise that offers comprehensive training and ongoing support to franchisees. Take advantage of all training programs provided by the franchisor to learn the ins and outs of the business.

Location Selection

If the franchise involves a physical location, carefully choose the location for your business. Consider factors such as foot traffic, demographics, competition, and lease terms.

Follow the System

One of the benefits of franchising is that you're buying into a proven business model. Follow the franchisor's system and guidelines closely to increase your chances of success.

Provide Excellent Customer Service

Focus on providing excellent customer service to build a loyal customer base. Happy customers are more likely to return and recommend your business to others.

Marketing and Promotion

Take advantage of the marketing support provided by the franchisor, but also be proactive in promoting your business locally. Utilize social media, local advertising, and community events to attract customers.

Manage Finances Wisely

Keep track of your finances closely and manage expenses efficiently. Monitor your cash flow, budget carefully, and seek professional advice if needed.

Adapt and Innovate

Be willing to adapt to changing market conditions and customer preferences. Look for opportunities to innovate and differentiate your business from competitors.

Network with Other Franchisees

Connect with other franchisees within the same system or industry to share insights, experiences, and best practices. Networking with fellow franchisees can provide valuable support and advice.

Stay Committed

Building a successful franchise takes time and effort. Stay committed to your business, remain focused on your goals, and be prepared to overcome challenges along the way.

By following these methods and staying dedicated to your business, you can increase your chances of becoming a successful KUMON Philippines franchisee.

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