How Education Businesses and Economy Go Hand-in-Hand

It is evident that the education sector is a recession-proof industry and hence can be flourished into an important area of investment. Read on how education businesses can help in boosting the economy.

By Features Writer
How Education Businesses and Economy Go Hand-in-Hand

In the making of a country and economy, there is a big contribution of humans. Humans work in companies and organizations to earn a living and push the organization and the economy of the nation in return. This is why human resource plays immense role in the growth of any economy. A huge stress is given on the literacy of the citizens of any country because of the importance of the human resources. This is why the education sector plays an important part in the overall growth of an economy.

It is evident that the education sector is a recession-proof industry and hence can be flourished into an important area of investment. Since a long time, the avenues of the education sector have broadened itself and have made education into a strong pillar of the economy.

Education business: Big Investment Opportunity

Economics has always given equal importance to a form of capital other than physical capital, which is the human capital. With investment in human capital in the form of education, the three major effects can be expected: increased expenses, increased productivity, and increased return on investment. Increased expense on education is as normal as any kind of investment done on any other business. While increased productivity can help human capital in bringing more output in the industry, the return on investment can be measured in the form of higher incomes.

In conversation with Franchise India, Dr Anil Sahasrabudhe, Chairman, AICTE, talks about the ever evolving education economy of India. Sahasrabudhe says, “Education is basically creating confident human beings and in the process they also contribute towards society, to economy, to political structure, anything for that matter. Today, everyone talks about employability of graduates and the jobs being available or not. Therefore today education has also gained significance in terms of creating good quality employable graduates who are useful for industry.”

Concept of Franchising Gives a Boost

Human capital is a significant contributor in the economic growth of a country. The relationship can be measured by how much is invested into the education of the citizens. The traditional K-12 schools can never be replaced by any new educational platform, but starting a new school has always been difficult for those who wish to start their own venture in the education industry.

The concept of franchising has made a lot of difference in the approach. Franchising has made the market more flexible for new edupreneurs; this has given the education economy a rigorous push towards success. Franchising also comes up with a financial relief to the franchisee as many of the franchisors provide financial backing to new franchisees. Franchising helps the edupreneurs to fulfill their aspirations and to do greater things in educational field. Therefore, in the near future, franchising is likely to dominate over new startups in education.

As the franchise is associated with a big institution, it is not so difficult to find highly qualified teachers too; rather they would willingly apply for your vacancies! That’s the power of franchising in education economy.




star franchise india
Related opportunities
  • Tea And Coffee Chain
    About Us: Chai Lije™ , is a fast growing brand of..
    Locations looking for expansion Telangana
    Establishment year 2016
    Franchising Launch Date 2020
    Investment size Rs. 2lac - 5lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Hyderabad Telangana
  • Multi Cuisine Restaurant
    La’ Chef - India's No.1 Food and Beverage Brand brings a..
    Locations looking for expansion Uttar pradesh
    Establishment year 2009
    Franchising Launch Date 2015
    Investment size Rs. 20lac - 30lac
    Space required 250
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Aligarh Uttar pradesh
  • Laundry & Dry Cleaning
    OUR VISION Is to promote the good life. We..
    Locations looking for expansion Haryana
    Establishment year 2015
    Franchising Launch Date 2017
    Investment size
    Space required 400
    Franchise Outlets -NA-
    Franchise Type MultiUnit
    Headquater Faridabad Haryana
  • About Us: Shri Balaji International Institute of Forein languages (SBIIFL) is..
    Locations looking for expansion New Delhi
    Establishment year 2005
    Franchising Launch Date 2019
    Investment size Rs. 50lac - 1 Cr.
    Space required 600
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater South West Delhi New Delhi
Insta-Subscribe to
The Franchising World
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities
More Stories

Free Advice - Ask Our Experts

ads ads ads ads