Kumon Ranks No. 1 in Tutoring by Entrepreneur Magazine's Annual "Fortune 500"
January 14, 2008 // Franchising.com // TEANECK, N.J. - Entrepreneur magazine's annual "Franchise 500" issue recognizes Kumon, the world's largest after-school education company, as the leading franchise in the tutoring industry. This marks the seventh consecutive year Kumon earns the number one ranking.
"The trend of becoming an entrepreneur in education is burgeoning," says Deven Klein, vice president of Kumon franchising. "Many of our franchisees leave the corporate world for a rewarding career to help children and their communities."
Tutoring is a widespread option for an increasing number of families in the United States. In the past five years, the average Kumon Center enrollment increased 55 percent, and overall, the company has 80,000 more U.S. students than in 2002.
"The hike in enrollment reconfirms Kumon's distinct position in the marketplace," says Klein. "Parents are looking to Kumon to supplement the school curriculum and provide reinforcement of fundamental skills."
In 2007, Kumon signed 84 franchise agreements, which is a 13 percent raise from last year's number. Kumon currently has 1,280 centers in the United States, and according to Klein, the company plans to open 120 more in 2008.
For more information about the Kumon Reading program or for a list of nearby Kumon Centers visit: www.kumon.com or call 800-ABC-MATH.
About Kumon Math and Reading Centers
Kumon is an after-school math and reading program. Founded in Japan in 1958, the learning method uses a systematic approach that helps children develop a solid command of math and reading skills. Through daily practice and mastery of materials, students increase confidence, improve concentration and develop better study skills. Worldwide, there are 3.5 million students studying at more than 22,000 Kumon Centers in 43 countries. For more information: 1-800-ABC-MATH or visit www.kumon.com. Kumon North America is headquartered in Teaneck, New Jersey.