One thing, which comes to mind while thinking about education, is School Franchise Opportunities. The concept of franchising has created a huge stir. In the Indian educational system, there are different options for the investor to opt from which are – Preschools, Primary schools, and Senior Secondary Schools or K-12 Schools.
Before going into school franchisee model, one should keep a few points in mind, which is crucial to the success of Franchisee schools. These points are as follows—
Research about Franchisee opportunity
You need to conduct a thorough market research in order to understand the different types of school franchisee available in the market. This includes Preschools, Primary schools, and Senior Secondary Schools or K-12 Schools franchise opportunities; you need to select the best from amongst them as per your vision and choice.
Deciding on investment and land for the school
Once you decide on what type of school you want to set up, the next point to get your attention is investment involved and land required for school. The amount may vary depending on the type of school franchise model you choose.
Meeting various Consultants for Brands
After doing research about the business opportunity, next step involved is to meet and consult the teams of various brand owners or consultants who will give you all the information that is vital for you as a prospective franchisee.
Deciding upon the Brand
This point is very crucial for the success of a school. A good consultant or brand owner will give you all the help required in setting up an ideal school, this includes school set – up the process, obtain the Essential Certificates to start a school, various approvals, etc.
Signing Franchisee agreement
signing the franchise agreement after selecting the best brand or consultant, will give you legal authority to use their brand name. You need to pay the franchise fee and royalty in order to use it. This will also bind the consultancy team to assist you in all the processes involved in setting up the school.
Start of school process— you need to get certificates of approvals from government authorities in order to set up school. Once you are done with paperwork, you can start the construction of the building, buying different types of equipment, recruiting teaching staff, designing curriculum, facilities in terms of training for the school. In this process, the professionals of the franchisor can help you.
These are some of the aspects which you need to be careful about before going for Franchise of schools in India. You need to be careful while deciding on the Consultancy Team or the Brand.
You can get in touch with experts of the domain to get proper guidance. Shri Educare Ltd is an expert in this field. They will help you in building a school from scratch. If you have the required land and funds simply leave all your tensions to them and you are on your way to success.
Their extensive support ensures that you fulfill your dream of opening a school with the potential and strength to cater to the ever dynamic and changing global needs of the students you can get in touch with them at www.shrieducare.com.