Citing the fact that approximately 2.4 billion more people will move into urban areas around the world by 2050, Franchise Times recently spotlighted why education brands are looking to get real estate in densely populated areas within larger cities.

In order to help franchisees succeed in this regard, early education franchise Rainbow Station has introduced new, smaller school models that can help cut down on real estate costs.

While the traditional schools typically cost between $5 and $6 million to build, the new models can be built for between $3 and $3.5 million, according to Gail Johnson, president and CEO of Rainbow Station.

Read the full story here.

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Nick Powills

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Nick Powills

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Nick Powills, CFE, founded No Limit Agency in 2008 and serves as Chief Brand Strategist for the Chicago-based firm. No Limit is a full-service communications agency that establishes and elevates brands by bridging Public Relations, Social Media, Marketing, Advertising, Digital, and a lot of creativity, to best strategize well-rounded and successful campaigns for 50+ global franchise brands. By presenting visionary ideas and building real relationships, No Limit is able to create effective media branding strategies to help companies grow. Nick currently leads a staff of writers, media strategists, designers, social media experts and digital producers in an office think-tank where brands are humanized for strong, compelling media stories. Prior to starting No Limit at the age of 27, Nick spent four years working at a franchise PR agency where he mastered the art of building rapport with media outlets and creating newsworthy pitches for earned media placements. He holds a Bachelor of Journalism from Drake University in Iowa.