Options of School Franchises in India
Franchising is defined as the continuous relationship between a franchisor and a franchisee, wherein the franchisor offers the privilege to the franchisee to use its brand name and conduct its set of operations. These days, franchising is very evident in most sectors such as healthcare, IT, travel & tourism, education sector etc. However, it is worth noticing that franchising in the field of education is pacing up at a consistent rate. Moreover, to meet the ever-growing demand for standard education, investment in a school is an intelligent and a wise decision. Here we will discuss different school franchises in India. Some of them are:
- Playschool
- Kindergarten
- Montessori
- Primary school
- Formal 10+2 school
Moreover, taking up school franchises in India has numerous benefits for the franchisee. Some of them are listed as follows:
- Unlike other franchise models, school franchises are based on a low capital investment model. The franchisee just has to pay a one-time franchisee fee after which he gets the recognition under the brand name.
- After getting associated to a well-established brand, the school franchisee reaps a good reputation in the education sector. This implies that the franchisee enjoys easy acceptability in the market.
- Besides this, the franchisee is relived from the lengthy process of starting a school on its own. This is because the franchisor helps the franchisee in the complete process of setting up the school, i.e. starting from selecting the land till the time the school comes into existence.
- Further, the franchisor offers help and support to the franchisee to develop the curriculum and syllabus for the school. Furthermore, the franchisor provides training and support with respect to the teaching methodologies.
- Moreover, school franchises ensures guaranteed returns on investment. Apart from this, working under the brand name of an already established brand, enables a franchisee to reap long-term profits. Hence, owning a school franchise is both rewarding and profitable.
