|Liquid Capital Required:||$5,000 - $90,000|
|Net Worth Required:||$100,000|
|Total Investment:||$72,200 - $114,000|
|Financing:||Via 3rd party|
|Incorporated Name:||State CE|
|Home Office:||Richardson, TX|
About State CE
State CE is a quality educational institution that provides affordable and user-friendly CE (Continuing Education) programs that help professionals and tradesmen fulfill state-mandated educational requirements for professional license renewal.
At State CE, we are committed to making CE affordable and flexible for all professionals to study at their own time and pace, either in a physical location or on the internet.
Values & History
State CE opened in 1992, and we were among the first to deliver home-study/classroom equivalent courses for continuing education in the insurance industry in Texas. And since then, we have expanded across the United States.
State CE currently services Insurance, and Real Estate Professionals required to renew their licenses. Most states have approved Continuing Education to be completed through home study or Online Courses.
The number of people likely to seek continuing education courses is substantial. By 2010, the Bureau of Labor Statistics (BLS) projects that more than 50 million people will be in management or professional occupations - that's nearly 1 in every three workers.
The BLS also reports that households headed by people in these occupations spend nearly twice as much as the average household for educational products and services. Also, average per-household spending on education by professional- or manager-occupied households has increased over 50 percent since 1990, compared with a 4 percent decline in their spending on reading materials unrelated to the coursework. These two trends will likely generate robust growth in the education industry during this decade.
The BLS estimates total education-related spending by these two occupational categories to exceed $45 billion, a whopping 82 percent increase from 1990. StateCE currently services Insurance, and Real Estate Professionals required to renew their licenses.
Most states have approved Continuing Education to be completed through home study or Online Courses.
Purchasing a State CE Franchise
There are numerous benefits associated with being a State CE franchisee, a huge return on investment amidst others. But to own a franchise, the cost implication is as follows:
- Franchise Fee: $65,000
- Start-up: $72,200 - $114,000
- Net Worth: $100,000 - $250,000
- Cash Liquidity: $50,000 - $90,000
Ideal Candidate & Qualifications
At State CE, we are looking for individuals that share the business's philosophy and passion for growing.
Training & Support
We are committed to seeing our franchisee succeed, so we offer our franchisees the following support and training:
- One Week Comprehensive Training
- System Integration and On-going Support
- New Professions/Course Development
- Marketing Plans, Materials