Computers and technology have become essential for businesses to compete in a global marketplace. Many aspects of our daily lives such as transportation, currency, and even family schedules also rely on information technology these days. It’s no surprise that the need for computer programmers has risen. Each computer system is only as good as the coding that drives it, making coding skills highly valued in today’s workplace.
According to surveys, the coding job market is growing 50% faster than the other job markets. As technology develops, the demand grows for people who understand science and technology and can suggest real solutions to tomorrow’s issues. The US Bureau of Labor Statistics (BLS) refers to STEM (science, technology, engineering, and math) as “tomorrow’s employment,” emphasising the significance of these fields. While coding is only a small part of STEM, it is becoming increasingly popular.
While there are multiple reasons to invest in a kid’s coding education franchise, let’s take a look at the top 5!
Due to the technology’s proliferation in recent years, such as the Internet of Things, 3D printing, robotics, and automation, it has become clear that jobs related to these technologies will continue to grow in demand.
The National Science Foundation predicts that 80% of the jobs in the future will require professionals to have science or mathematics skills.
Technologies like artificial intelligence and 3D printing offer exciting new opportunities for innovators. Students who train today could eventually find themselves working as robotics engineers, automation engineers, space explorers, biotech engineers, and even climate tech engineers!
While coding has implementations in all sectors, the IT industry is also growing at a rapid pace. Companies have been hiring for multiple roles, like frontend engineer, backend engineer, AWS engineer, database manager, and many more.
A growing number of parents today are opting for interdisciplinary learning that involves science, technology, engineering, and mathematics courses for their children because it gives their children an edge over other students. The market will eventually see the network effect, and at some point in time, most students will likely attend some sort of coding courses.
By investing in a kid’s coding education franchise, you are not only creating a thriving business that will produce significant revenues in the future, but you are also providing an educational foundation for the next generation who will build the next great advances in technology. You will benefit the country by developing future talent!
This type of franchise also opens up unlimited revenue streams! Unlike other skills, tech and coding skills are extremely expansive and multiple class offerings could be created. For example, you could offer boot camps on web development, full-stack development, frontend development, backend development, blockchain development, robotics, and much more!
Many entrepreneurs believe that there is fierce competition for every new business. Likewise, the education industry in the USA is highly competitive, but the field of coding education is newer than others. This means that you can reap great rewards with less effort by starting a kid’s coding education franchise. With great marketing and never-ending product lineups, a kid’s coding education franchise can take you to new heights.
You might be thinking, “If this is such a great market, why open a kid’s coding education franchise and not start something on my own?” These next 3 points are just for you!
Starting a new business requires many steps, such as ideation, market research, and promotions. These elements can be even more complicated and critical when related to education or other amenities for children.
Connecting with an existing company that has tested its concept in the market and has a proven business plan can help reduce the risks and costs of starting your own business.
The franchisor will provide you with ongoing technical support for your business, marketing support, and training for your staff.
In addition to these things, the franchisor will also provide you with access to a network of other kid’s coding education franchisees to help you gain skills and knowledge as you develop your business.
There is no prior experience required to own a kid’s coding education franchise. The brand provides the training and support you need to be successful, so even people new to the industry can be successful with the brand.