KME 4.00% 52.0¢ kip mcgrath education centres limited

Ann: Appendix 4E and 30 June 2017 Annual Report, page-5

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  1. 418 Posts.
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    Very pleased with the result - I think the lure of this business is that if they identify the simple things to do well, and then actually execute them (much easier said than done) the results flow.

    The two that have come / are coming to fruition from this report that were identified in the past as being future growth drivers were:
    1. Co-ordinated national advertising - so simple, but clearly having a positive measurable impact
    2. Transition to Gold Partner model making it a more "pure" franchising business and incentivising tutors / franchise owners to focus on their core competencies (teaching) rather than admin (the reason many leave the teaching profession in the first place)
 
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