Tutoring & Test Preparation Franchises
Tutoring and test preparation franchises provide students with both academic tutoring and assistance with preparing for tests such as the SAT and ACT, as well as more advanced graduate school admission exams. Tutoring and test preparation services are largely discretionary in nature; therefore, poor economic conditions negatively affect consumers' ability to pay for industry services. Over the five years to 2018, industry operators have benefited from growth in the number of primary school and college students and growing per capita disposable income. Over the next five years, industry growth is expected to expand further as the economy continues to improve.
This industry offers exam preparation and tutoring services. Academic schools, colleges and universities are excluded, as are schools that offer instruction in business, driving, management, computers, technical and trade areas, fine arts, athletics and languages. Online-only operators are excluded from this industry.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.