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Podcast: Australian Investors Podcast
Episode: Capital allocation with Storm McGrath, CEO of Kip McGrath Education Centres (ASX:KME)
Description: Kip McGrath Education was started by Storm's father, Kip, from a garage in 1976.Over the years, KME has gone through many challenges and changes to become the global education provider it is today.In this episode of the Australian Investors Podcast, Storm McGrath and Owen Rask talk about:
KME's origin story
Why a fixed fee model doesn't work for franchise businesses
The market for tutoring young children and why math & English are the core pillars of learning
KME's push for company-owned and online tutoring
Storm's desire to acquire...