With the passage of time, new-new career opportunities emerge to align with the advancements of technology and the world grows much more exciting. This has created an urge for career counselors in India.
The first and foremost major decision that a person takes in their life is when they have to choose a career – a career that they have to pursue for the rest of their life. A rather intimidating step in a student’s life, opting for a career becomes much more daunting when you live in a world that is ever evolving – socially, economically, and technologically – and thereby presents a lot of options to you to choose from.
About 20 years ago from now, who had expected that there will be a full-time job opportunity for a ‘Social Media Manager’ in every other company in the coming years? With the ever-evolving world, we cannot expect to hold onto the old-fashioned career choices. Students look for something new and exciting. With the passage of time, new-new opportunities emerge to align with the advancements of technology and the world grows much more exciting. More opportunities create more choices, leaving students perplexed and uninformed. This is where the need for career counsellors arises.
Career Counselling Franchises: What the Segment Upholds
Talking about the size of the segment, the career assessment and guidance market is currently estimated at over Rs 5,000 crore in India and is constantly growing. As per recent reports, it has been revealed that India is in dire need of 1.4 million career counsellors for students. In such scenario, starting a career counselling business can be a profitable venture for career counsellors that are seeking new and exciting opportunities in their own careers.
Some of the established brands in the field also extend franchise opportunities for like-minded entrepreneurs who can help them expand their business by associating with them. Career counselling franchises are becoming valuable than ever before and are the hottest opportunities for entrepreneurs.
Lucrative Franchise Opportunity
Going by the statistics, the segment seems to be very lucrative for new businesses and start-ups. However, franchising has some proven benefits for the entrepreneurs in this field:
Investment Facts in Career Counselling Franchise
For those who are interested to buy a career counselling franchise, here are some of the facts that you should be concerned about:
Investment Required: Rs 2-5 lakhs
Area Required: 200 sq ft
Returns on Investment: 200%
Payback Period: 12-14 months