This franchise was created by a father who wanted to see his son achieve. The technique that he used was perfect for learning, due to the fact that it emphasized repetition. I, myself, am a tutor, therefore, I know the importance of repetition, and I use the same techniques that he uses. I also relish the story behind this franchise because it was created by a math teacher, whose son was struggling with math. Furthermore, I can use the information that is provided by this franchise in my daily life because I am planning on taking the ACT twice this month.
3. The initial franchise fee is $1000. Kumon Math & Reading requires that consumers pay an ongoing royalty fee of $32-36 per student per month. Along with this, Kumon …show more content…
The Monthly Royalty During Temporary License Period is $36 times the number of full-payment students enrolled, and $18 times the number of partially exempt students for each Subject-Franchise.Lastly, Kumon Reading & Math may charge customers for relocation, which is a $1000 fee. Kumon math may charge customers for a recommended reading list, which is $2,550. Kumon also charges for professional fees, which range from $1000-3000. Lastly, Kumon charges for liability insurance, a notebook computer at the Kumon Center, and a security deposit. Liability insurance costs $445. A notebook at the Kumon Center costs anywhere from $300-1500. The security deposit may cost up to $4500. Kumon does offer three types of financial aid: Partial Tuition Subsidy for a temporary hardship, Full Tuition Subsidy, and Partial Tuition Subsidy for low-income families . The Partial Tuition Subsidy for a temporary hardship provides a 50% discount in tuition for a maximum period of 12 consecutive months for families experiencing short-term financial difficulties due to a temporary
3. The initial franchise fee is $1000. Kumon Math & Reading requires that consumers pay an ongoing royalty fee of $32-36 per student per month. Along with this, Kumon …show more content…
The Monthly Royalty During Temporary License Period is $36 times the number of full-payment students enrolled, and $18 times the number of partially exempt students for each Subject-Franchise.Lastly, Kumon Reading & Math may charge customers for relocation, which is a $1000 fee. Kumon math may charge customers for a recommended reading list, which is $2,550. Kumon also charges for professional fees, which range from $1000-3000. Lastly, Kumon charges for liability insurance, a notebook computer at the Kumon Center, and a security deposit. Liability insurance costs $445. A notebook at the Kumon Center costs anywhere from $300-1500. The security deposit may cost up to $4500. Kumon does offer three types of financial aid: Partial Tuition Subsidy for a temporary hardship, Full Tuition Subsidy, and Partial Tuition Subsidy for low-income families . The Partial Tuition Subsidy for a temporary hardship provides a 50% discount in tuition for a maximum period of 12 consecutive months for families experiencing short-term financial difficulties due to a temporary