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Procedure Of Buying School Franchise

Buying School Franchise

Buying a franchise can help you to achieve your dream of business ownership success. However, purchasing a franchise is not just a piece of cake. Here are some key steps to consider before buying a franchise.

RESEARCH

The first step before buying a franchise is to do thorough research. You should find all relevant information about various franchise opportunities available at your location pertaining to your target industry. The most important thing is to find the right franchise which comes under your budget, qualifications, personal interest and suits your needs and geographical location. Also, you should check whether you fit into the requirements of the franchise or not, and also whether you qualify all those requirements or not. additionally, you should have a thorough information about them, their years of experience, success stories and challenges. 

IDENTIFY INDIVIDUAL FRANCHISE 

Now after completing the research, evaluate individual franchise companies and select one from all of them, which you think is the most suitable according to your requirements and matches your vision and expectations. Try to choose the companies that have franchises available at your desired location.

QUALIFICATION REQUIREMENTS

Franchisors set minimum qualification requirements to ensure that all the franchisees are eligible in terms of finance, space requirements, professional experience, location. This is because their business, brand image, goodwill directly depends on the success/failure of a franchisee. 

SUBMIT REQUEST 

When all the research and analysis is done, select two or three industry categories. Within each category, pick one to three franchisees from which to request information. The companies will connect you with an appropriate representative, and they will probably revert back within a week by e-mail or call with all the pertinent information. 

FRANCHISE DISCLOSURE DOCUMENT

After you submit the qualification questionnaire, the franchisor is going to provide a franchise disclosure document (FDD), which contains all the important information regarding the franchise. Review this information carefully and get any questions answered before you proceed to the next step.

VISIT EXISTING FRANCHISEES

The best way to get information about any franchise is to visit or connect with the existing franchise schools. Contact them and clear all the queries you have about the business. This is the best source to get to know about their success stories, challenges faces and evaluate how well a franchisor supports them.

VISIT FRANCHISOR

If you’re on the brink of entering a business, it is necessary to satisfy those who are going to be supporting you to run your business successfully. You’ll be able to get any of your final queries answered, however also they will be evaluating you as a possible franchise.

FINALIZE

Once you are done with all the above steps, it’s time to make your final decision. The final step in the mutual evaluation process is to sign the franchise agreement and meet the head or executives who will work with you as a franchise. You’re now into a franchise business if you have carefully followed all these steps.

If you are really interested in buying a School Franchise then Shri Educare is the best option for you. They make sure that they support you in each and everything and help you run a franchise that would prove to be a successful business.

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Education System – Problems & Solutions

Education is the foundation of any country’s economy. A country where the education system is not in place, lags in every way. The same thing is happening in our country India. India as a country faces many problems in the educational system. Today we are going to list down some of the problems that we have identified in our education system.

“Rattafying”or the rote learning process – this Hinglish word easily define the state of Indian education system. Students in our education system are compelled to rote learn in order to score high marks. The system sadly does not focus on strengthening and clearing the concepts.

Insufficient Infrastructure— poor infrastructure & lack of facilities are reasons for the low turnout of students in schools. Students, especially girls, do not prefer to go to schools.Basic necessities, such as clean and hygienic drinking water and separate toilets for boys and girls, are not available in many of the school, even in urban India

Teacher selection criteria– in most of our schools the teacher’s selection& recruitment process is non-merit based. They are selected as per the choice of selectors.Lack of proper academic qualifications and competency in pedagogy are another challenge.

Poor Teacher-student ratio – Huge no. of students in a class are tackled by a single teacher, which leads to less focus on each child. In addition, students are not encouraged to ask questions or clarify their doubts.

Shortage of training— no or very less emphasis is given to teacher training in our schools. This is a major reason why our teachers are not aware of new developments in the field of education.

No emphasis on creativity— our education system focuses on quantity rather than quality. Getting high marks by hook or crook is the only aim of the students; they are not bothered about conceptual understanding or developing critical and creative thinking. This restricts the growth of their mind.

These are some issues, that our educational system is facing nowadays, which need to be resolved and removed from our system. If not completely, then at least some percentage of it can be removed by opening schools which focus on providing progressive quality education to students.

If merit-based teacher selection, output-oriented study, concept clarity of students are treated as important factors,  then we can think of bringing change in our education system. Opening schools where the focus is on providing an excellent education to students will ease the course of action. However, opening a school is not an easy job at all.

You need many things like funds, land, getting approvals from authorities, designing architecture, expertise to create curriculum, etc. Not all these expert knowledge is available with a single person. School Consultancy service plays an important role in this tricky situation. Shri Educare is one such organization, which will help you in realizing the dream of opening such a school.

Shri Educare’s team of experts will help you right from conceptualizing your plan to financial viability and feasibility, to finally launching and operating a school that provides quality and excellence in education. They hold your hands right from the conceptualization stage, safeguarding your investment and time every step of the way. Through in-depth research and constant up gradation of the curriculum with best practices across the world, they provide you with the turn-key support required by you to open preschools and K-12 schools.

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Educational Franchise Businesses Are Useful – Blog By Shri Educare

Educational Franchise Businesses

Childhood and youth are a time of learning and training in preparation for life ahead. Young children are naturally curious and observant in nature. They want to learn new skills and due to their quick grasping power they learn things easily and adapt to them quickly, as well.

At such a time if they are given proper guidance and encouragement they get to learn things which will stay with them forever. Right values, the right training and right education system will help them lead a successful life.

This right education is not available at home. At home, they can learn only a few things. For the overall development of a child, he/she needs to develop the social and emotional skills that are of utmost importance for their future. And these skills get developed when the child is around other children of their age.

So, they need to be enrolled in schools. But the most important question is, which one is a good school? One which has a good infrastructure or one that has good teachers or the one that has a list of co-curricular activities?

There is a dearth of good schools in India, the one with good infrastructure might not have good teachers, or one with good teachers might not have co-curricular activities, etc.

An ideal school is one which has everything in place, but it is not easy to focus on everything at one go. For that one needs to have a consultant on board, who can help one create an ideal school.

At such a point, school consultants appear. They provide you with all the necessary support, which is required to start a school. It involves creating budgets, HR policies, marketing, and so many other things.

One such educational consultant is Shri Educare Limited (SEL). They are engaged in providing end- to- end consultancy services for schools (Pre-school, K12) in India and abroad.

If you have the required amount of money and land, you can collaborate with and receive good ROI in a short span of time. This franchise model is also a very lucrative business model.

In case you would like to open a school that is value-based and progressive, please feel free to connect with SEL on the link provided.

Shri Educare Ltd.

www.shrieducare.com

Email: info@shrieducare.com

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Challenges Faced In School Project Venture – A blog by Shri Educare

SCHOOL PROJECT VENTURE

Albeit, starting a school project venture in India is the major challenge in itself, but there are some other challenges as well, which largely hamper the process of building an educational body

With this post, I am going to draw your attention towards the number of challenges which occur at the rapid-fire speed and the ways to combat them…let’s read ahead…

Challenge #1

Infrastructure Planning

For an edupreneur, the infrastructure planning goes haywire when the construction comes into existence since the planning of construction always turns out to be different then what it is planned.

Pro Tip- Construct that much which may occupy the need of the hour and create product differentiation through building elevation and sizes. Include spacious labs, landscape, pre-primary zones, sports, and arrival zone.

With this approach, you can invest saved capital in other important aspects such as marketing, recruitment, and facilities.

Challenge #2

Execution of Construction Plan

It is the second most disturbing challenge, wherein the construction execution is expected as per the vision and design of school project. Meeting construction deadlines is extremely important since this delay reduces the time for admissions and marketing distress. Also due to this, parents lose confidence in the commissioning of school.

Pro Tip– Discuss with your school consultant and understand the school operations and school projects, and with the given experience pick the best suitable strategy of hiring an experienced and professional contractor to expedite the construction execution plan.

Challenge #3

Hiring The Services From A Right School Consultants

Unfortunately, this issue if not taken into consideration seriously, can cause the other factors to get disturbed massively since there is a flood of school consultants existing in the market, who all claim to be offering the supreme services but in fact are the leaders of hollow services wagon.

Pro Tip- You must hire the top and one of the most popular consultants in India, which has the required expertise and the exposure to fulfill your school venture concept, just like – SEL.

Shri Educare Limited has developed itself into a one-point solution agency where their team offers the best school consultancy services for execution of school projects and ensures that best quality work is done in timely and cost-effective manner.

If you are willing to get a smooth school opening process, then you must get in touch with SEL team, which has the expertise to prioritize and manage the various aspects of the venture development.

You can schedule a business meeting with SEL team at:

contactus@shrieducare.com