Franchising has emerged as the most
successful model to expand in preschool education. It compromises of a massive chunk of business
in India today. There are certain social factors which are responsible for this
escalating growth in preschools. The increasing number of
double-income-single-child nuclear families that want their child to interact
with his peer group, working parents who do not have enough time for their
child, and the mere desire to have a smart kid and prepare her/him for nursery
admissions to the main school. Keeping this in mind, a lot of entrepreneurs are
coming into the picture, where new techniques have been used increasingly to
suit the education needs of the new-age children. Increased consciousness among
parents regarding the education of their child is also one of the reasons to
give a great boost to preschool education business. If you have a passion for
child education with a flair for entrepreneurship, then taking up a franchise
of a renowned preschool is a good option. Here are few reasons which will
explain why becoming a preschool
franchisee in India is a profitable choice.
Ø Blooming
business opportunity
Parents are more concerned that
ever with their child’s future and are happily spending a lot of money to give
them the best possible education right from preschool levels. Opening a
preschool franchise business in India can therefore turn out to be a clever
business decision. Research shows that right after food and beverages, the
hottest and the most happening franchise business industry in India is the
Education business. With Indian customers now better-off than ever, and today
Indian parents also capable to afford better as well as higher education for
their children than ever. Thus becoming a preschool franchisee in India seems
like an excellent idea.
Ø Low
investment
Starting a preschool or better
say play school is ideal. It has been observed that educated youth especially
educated married women prefer to start play school. Starting a branded play
school will definitely be lucrative and what if you start a franchise of a play
school having maximum branded self-operated preschool. A pre-school franchise
requires an approximate investment of Rs 5-10 lakh. In most of the cases the
franchisee has to invest in property renovation, furniture, toys, general
equipments, transportation, staff recruitment, training and salary. In addition
to this, a franchisee has to spend on local marketing to create brand awareness
at the local level.
Ø High
profit
The yardstick for measuring the success of your
business depends on how well you have been able to manage it and meeting the
requirements to all the guidelines that you had set before opening your school.
Now this is something which most of the kindergartens lack in and is precisely
the reason why they fail in their ventures.