Facts that Make Paris a Top City for an Education Franchise
Hello and welcome to the New Horizons English language franchise website. We believe you have found this page as you are considering the various education franchise opportunities that exist in your market. We are confident that Paris, France is a great city with ample potential for an education business and would like to provide a few thoughts about this as well as give you a simple overview of our franchise opportunity.
As a potential business owner please review this page as well as our entire site to further understand what a franchise offer like New Horizons English can bring to your desire to build an English language franchise.
Paris is the financial center of France; well known for its art, architecture, and fashion. Being a major European city with limited English proficiency, it offers a large market for an English language franchise. Here are facts that make Paris a top destination for an education franchise.
- The city and its surrounding areas have a population of approximately 10.5 million, which provides a huge market and makes it very lucrative for business owners. [i]
- Paris is a global city that ranks fifth in the world based on its GDP.[viii] Its GDP per capita in 2014 was $70,760.[vii] The economy is strong and ever growing.
- The city has low English proficiency, which mirrors France’s lowest English proficiency in the EU.[v]
- It is the financial center of France with 38 Fortune 500 companies and 500 multinational companies with high purchasing power, so Paris proves to be an attractive destination for a franchise.
Here are further details on why Paris is a top choice for an education franchise.
Education and English Learning
Paris has many public and private schools, and reputed universities offering quality education. Most children attend public schools and about 15% students in France attend private schools.[ii] The fee varies from school to school, but the maximum annual fee ranges between €2,000 and €4,000 annually. The fee is subsidized by the state. However, some specialty schools can charge more than €30,000 a year.[ii] This precedent of paying for education helps prove Paris can be a lucrative choice for those interested in opening an education franchise.
With globalization and the expansion of English speakers, France is eager to begin teaching in English to attract international students.[iii] According to a newspaper, 790 higher-education courses in France are already using the English language as the medium of instruction.[iii] Additionally, more and younger Parisians are accepting English, as they see it as the global language. This presents a great opportunity for an English language franchise in Paris. The British Council, for example, is already offering English courses to school children, adults, university students, professionals, and bilingual children and teenagers.[iv]
English proficiency is France is the lowest in European Union (EU).[v] France was only ahead of Turkey, Azerbaijan and Russia among the 27 European countries that were measured by the international language training company Education First for English proficiency.[v] In the test, France finished with a “low proficiency”. Setting up an education franchise will be logical to meet the needs of students who want to learn English.
Population & GDP
Paris attracts a large number of immigrants and tourists. According to 2016 estimates, the population of those who live within the city limits of Paris is 2.2 million residents.[i] The suburbs of Paris add a substantial figure to the 2.2 million. The population of surrounding suburbs is estimated to be a whopping 10.5 million.[i] That makes it the most populated urban area in the EU. This large population provides a huge market for an education franchise to tap into.
Paris and its surrounding areas make up Europe’s largest city economy and the fifth largest in the world.[vi] The GDP per capita of Paris was $70,760 (as of 2014).[vii] The city ranks third in the global city index, and fifth in the world based on its GDP.[viii] Paris alone contributes a quarter of France’s GDP, which is a very significant amount. According to a research by the Financial Times, Paris is among the three most influential cities in the world.[vi] The city is home to 38 Fortune 500 companies, which alone generate the second largest combined metropolitan revenue after Tokyo.[vi] This is great news for anyone looking to open an English Language franchise, as Paris has a strong stable economy and an ever growing GDP to boot.
The average household income in Paris is around €36,085, which is 60% higher than the national average household income in the rest of France.[i] Due to higher wages, the spending power of Parisians is much higher. It is estimated that Paris will be one of the wealthiest cities in the world by 2020.[vi] These amazing stats are only proof that Paris will only continue to grow bigger and stronger. A rising tide lifts all ships, and there is no better time to consider an education franchise.
Infrastructure and Facilities
Often called ‘The City of Light’, Paris has one of the most sophisticated infrastructures in the world. In July 2016, Paris inaugurated its first bike highway, a 0.5-mile stretch of paved road, which is the first section of the 28-mile network of bike highways to be completed by 2020.[ix] Paris is also redesigning its famous squares and streets to make them green, and pedestrians and cyclists-friendly.[x]
The capital city has a number of world famous museums, churches, and national monuments. Along with the Eiffel Tower, there’s The Louvre, Notre Dame de Paris, Montmartre, Sacré-Coeur, and Jardin du Luxembourg that are a must-see. Being a fashion destination, the city has a number of famous shopping spots, including Avenue des Champs Elysées, Rue de Passy, Rue du Commerce, Le Marais, and Boulevards Saint Michel and Saint Germain. Paris and its surrounding areas have a diverse culture because of the influx of immigrants from other parts of France, Europe and other countries, which gives it its unique cosmopolitan character. With its modern infrastructure and connectivity, it allows opening an English language franchise here to be a fuss free experience.
Incentives to Businesses
The French government provides the least resistance to businesses, which has made Paris a top destination for companies from all over the world. In Europe, Paris attracts the maximum FDI projects in the EU.[vi] To promote foreign investment, the French government has established an agency known as ‘Invest in France’.
Being home to 500 multinational companies, Paris ranks 27th out of 189 countries in the 2016 Doing Business report published by the World Bank.[xi] The city has a highly skilled workforce, ample resources, economic prosperity and an advantageous geographical location, which adds to its economic strength. The business environment is conducive to businesses, and the legal system transparent. Many companies have set foot in Paris to opening their businesses, and doing so with your education franchise here will be a very logical step as well.
Low English proficiency, a large population, sophisticated infrastructure and a strategic location make Paris a highly desirable destination for an English language franchise. The city allows all the support that a budding franchise needs to grow and flourish. When considering a location for a language franchise in Europe, Paris comes up as a top destination.
New Horizons English Overview
We would now like to give you a simple overview of the New Horizons English franchise. Alternatively, you can visit our website and download our prospectus for more detailed information.
The New Horizons English franchise has been built with the intent to leverage the way modern, busy students learn – with flexibility. It is difficult to always be at the learning center when the student is a young adult (friends and activity are always more important) or a working adult (work, family, and life are always more important).
New Horizons English is the answer to providing instruction and test preparation for busy adults using an industry leading education platform to deliver a unique blend of multimedia, live instruction in-center, and on-line on any internet enabled device.
The New Horizons English teaching method enables students by giving them three key learning advantages:
- Learn at your own pace
- Learn anywhere, anytime with Online Live®
- Learn with your own teacher with Mentored Learning®
All of this is supported by a didactic team in state of the art learning centers designed around the student to give 360 degree support, every day of the week.
How does it work?
The New Horizons English Method uses the natural method of second language acquisition, which focuses on the development of intuitive learning based on communication rather than learning the structure of the language. The result of this is the ability to speak the language far quicker than with traditional learning methods, in fact, the student will be speaking English from day one of their course.
The course is made up of 36 Cycles, each containing 9 multimedia lessons and 3 live lessons. The live lessons are divided onto Online Live® Progress classes and in-center Milestone classes where the student is assessed for progress to the next cycle. A cycle will generally require 1 month for completion. In addition, the student will be able to access digital workbooks which act as study aids and are available to download and use at the students’ convenience throughout the course.
Finally, the training center. We know that while our multimedia and online lessons are at the cutting edge, nothing can replace the human touch. For this reason we have carefully designed our centers to give the student access to teachers and a learning environment that has been designed to reflect the needs of today’s student. All our centers are fully equipped with the latest technology in specially designed zones that enable every student to tailor their learning experience with the New Horizons English education franchise.
We genuinely believe now is the right time for a new and modern approach to an English language franchise in Paris, France. We are very interested to discuss in great detail with interested and qualified partners. For more details, please visit our site and download our franchise prospectus.