Franchise opportunities in the education sector are a lucrative option, given how the preschool education industry in India is growing by leaps and bounds. Although the sector is dominated by an unorganised sector, it is a segment that has been attracting huge investments due to franchisee businesses, as there are much lesser limitations and minimal infrastructure requirements for setting up a play school.
If you are thinking about opening a kindergarten school franchise, here are few advantages of opening one:
You Make Quality Education Accessible
Franchise opportunities in education are not just a business model; they also provide an opportunity to make a difference to the quality of education at the very first level of the children’s learning trajectory. Various studies have emphasized that most of the development and learning of a child takes place during the first 6 years of his or her life. Therefore, it is important to provide children with avenues for good quality education and advanced learning.
You Will Be Your Own Boss
Franchise opportunities in any sector, and not just education, allow you to pursue your entrepreneurial dreams. It gives you the power to say good-bye to tedious and binding 9 to 6 jobs. As running a kindergarten requires that you invest a maximum of 5 to 6 hours of time everyday, you will end up with enough time on your hand to follow other ventures as well, while making a good amount of money.
Step-by Step Guidance
As you will be opening a school under an established brand, you will be getting support from the very beginning to the last step of setting up a kindergarten school franchise. This reduces the chances of mistakes and resultant losses. The support will include outlining the school layout, curriculum planning, infrastructural requirements, teacher training, marketing, school management, and utilities, just to name a few.
Aids You to Monetize Your Spaces
Franchise opportunities in the education sector allow you to utilize the piece of land you have and earn revenue from it. So, if you happen to have a piece of land that has been lying vacant, you have the option of opening a kindergarten school franchise , given the fact that it fulfils the other conditions that are required for opening a school for toddlers.
Less Likelihood for Losses
Depending on stature of the brand, your initial investment for starting a kindergarten franchise would cost anywhere between 10 lakhs to 20 lakhs. Although it might take some time to achieve the breakeven point, the chance of your business going to losses is very low.
Already Earned Goodwill
As you will be opening a kindergarten school under a brand that is already well established, you won’t be waiting years to build goodwill in the market. This makes it easy for you to survive in the market by availing the benefits of an already established brand name.
You Get to Spend Time with Little Children
Spending time with children has been a proven stress buster. Also, interacting with children may teach some essential life-lessons that you might have forgotten. Opening a play school franchise allows you the opportunity to explore the landscape of a child’s point of view.
Although the need for certification and permits might still be little lax as compared to other sectors, opening a preschool in India is still a difficult task. While you may need to set up a society or trust as the primary step for registration process, you can forego this step by opening a franchise kindergarten school. The parent brand will also help you get an NOC for starting a school by helping you meet the rules and regulations for the same.
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