Business Summary:
This extremely efficient business focuses on financial literacy educational programs for hair school students. The operation requires only the owner, resulting in an extremely high 77% average profit margin over the past three years, and devotes less than 10 hours per week. The business offers a curriculum package to hair schools which is an admission tool to get more enrollments and increase graduation rates by teaching financial literacy. The curriculum consists of textbooks authored by the owner, updated every 2-3 years, and a huge collection of videos teaching financial topics. The business is currently partnered with around 35 schools, so there is ample opportunity for growth. This program is the secret weapon to reduce drops, boost enrollments, improve attendance, and lower default rates.This business was created specifically for the beauty and cosmetology industry and uses an illustrated course book, animated videos, and turn-key lesson plans to teach financial lessons to benefit students in the future. This program will allow you to finally differentiate yourself from other schools and - at the same time - lower the number of drops in your school. The program has nothing to do with changing the curriculum, hiring new staff, or lowering tuition. First and foremost, this business is an admissions tool to get more enrollments. Priced at $990,000, this company will result in a 204% return on the investment in the first year. This program gives you a way to differentiate yourself from other schools in your area and be able to justify a higher price in order to stop students from “price shopping” schools.
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