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Business is Booming for Florida-Based Charter School Company.(Knight Ridder/Tribune Business News)
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Knight Ridder/Tribune Business News
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March 15, 2000
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Copyright informationCOPYRIGHT 2000 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Mar. 13--When educators Jon Hage and Sherry Ryan incorporated Charter Schools USA in late 1997, they had one employee: an administrative assistant.
Eight months later, they opened their first charter school, North Lauderdale Academy, and finished the first school year with revenue of about $1 million.
Today, the company has 200 employees, and manages four schools in South Florida. Next fall, it will open six more, two in Central Florida and four in Texas. The schools serve 2,000 students, and the company's annual revenue is about $2 million. The company finds new customers mostly by word-of-mouth and contacts from its membership in the Tampa-based Florida Association ...
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