Tuesday, 31 July 2018

Important Tips To Start A Franchise Preschool In India


Over the past few years, the education sector in India has seen a soaring rise in its profits. The rapid evolution of the industry has not only benefitted its students but also its investors. The success that the education industry has achieved in such a short time makes it a profitable industry to invest it.

Parents of today want to give their children the best education and that includes the building blocks of a child’s educational life/journey i.e preschool. The importance of quality education during a child’s most crucial developing years cannot be stressed enough. It’s during these years that a child can truly grasp the most amount of knowledge and skills with ease, and parents are conscious of this. This change in mindset is one of the biggest reasons why quality preschool franchise businesses are booming. The Indian education industry is expected to reach US$ 101.1 billion by 2019. If you have been planning on entering this industry then this is the right time to take the plunge.

Why choose a franchise opportunity over starting your own preschool?
Startups have a much higher failure rate in comparison to franchise businesses. 90% of startups fail in the first five years according to Oxford Economics. A few major reasons are- lack of a unique business model, substandard marketing, and getting surpassed by established competitors. These problems rarely arise for established franchises as they already have a tried and tested business model in place with a proven success rate. Apart from that, an established franchise for preschool will offer you an exceptional curriculum, appropriate training and support, diligent guidance, successful promotional and publicity materials, manuals to guide you through every step, efficient revenue models, technical expertise, etc. The perks of being a franchisee are unrivalled.

Now that you know how beneficial a preschool franchise can be, here are a few things to keep in mind that will help you plan your journey into the education industry-

    Franchisee fees and investment amounts differ from franchise to franchise. Research on which one is the most viable to you and suits you the best. Once you have the investment amount in place you can focus on the next steps.
    Having the right location and space size is one of the most crucial points. Most of the established franchises will have approximate space requirements that you will have to adhere to.
    Hiring the right staff has a huge impact and is essential for the smooth running of day-to-day operations, be it teachers, assistants, drivers for pick up and drop services, security personnel or helpers. The staff you hire should be warm and welcoming and good with children and their parents.
    The furniture, play equipments and toys that you purchase should be of an exceptional quality and safe for the children.
    Whether it is surveillance cameras or security guards, appropriate security measures and systems need to be in place for the safety of the children.
    If you are going to provide food and beverages, whether they are prepared in-house or outsourced, make sure that they are prepared hygienically and are safe for consumption by children.

Apart from being a noble profession, the education industry is sure to be fruitful and profitable to you.





1 comment:

  1. Do and don’ts to get admission in Best International School In Mumbai
    With the Best International School in Mumbai entrance exam right around the corner, plenty of things might be running at the back of your mind. If you are new to international schools then exam can be quite challenging for several students, and if you are one of them, you don't need to stress as here are some dos and don'ts you need to follow to crack the entrance exam with flying colors.
    Don’ts:
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