
Franchising has emerged as a most successful model to expand in pre- school education. Pre- school education comprises a major chunk of education business in India today. The increased consciousness among parents regarding the education of their kids has given a great boost to pre- school education business. Also, the international pre-school brands foraying into India and the up-gradation of Indian brands to provide quality education is another factor contributing to growth of this sector. The best way to start a pre- school education business is to opt for a franchise route.
Before discussing the various prospects of pre- school education franchise, let us identify the brands that are into franchising. The most renowned pre--school are Apple Kids, Shemrock, Kids Campus, Euro Kids, Kidzee, Mother’s Pride, Kangaroo Kids, Jumbo Kids, Bachpan and many more. Franchising is a proven business model and therefore, it is safe to opt for this business especially in case of new entrepreneurs. According to Lina Ashar, Founder, Kangaroo Kids Education Ltd, “I believe the opportunities in franchising are getting better and it’s more than just a trend.”
Best suited for women
Pre- school education franchising is best suited for women. Though women have proved themselves in many sectors but running a pre- school education franchise is most suitable business for them. It is not just in case of franchisees but even majority of franchisors in pre-school education sector are women. Also you might have noticed that majority of the teachers and lecturers in various schools and colleges are women. This is mainly because of the fact that women can relate well with children as they are patient by nature which is specially required while dealing with children. Therefore, a franchised pre--school can be an ideal option for you to establish yourself.
Franchisor’s support
As a franchisee you enjoy a lot of leverages as most of the pre--schools provide staff recruitment and training, transport, gymnasium, effective promotional material and even takes care of advertising. Some also provide books, uniforms, shoes, activity charts, school bags, crayons, diaries, lunch boxes and water bottles to the children. The Franchisor not only shares the brand image, but also the knowledge, experience, and technical expertise with you.
Requisites to own a franchise pre-school
To take a pre-school franchise, you should have a passion for children and a keen interest in working with them. To run a pre-school requires a lot of efforts and patience. Consider the below mentioned aspects prior to take-up a franchise:
- Investment: 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.
- Efficient staff: A good team of qualified teachers is the prime requisite to assure the proper working of a pre-school. Franchisee needs to organise training sessions for teachers from time-to-time. Franchisor lends its franchisees a helping hand in recruiting the teachers. Additionally, the franchisors have a team of people that review the processing of every franchise unit to retain and sustain the benchmark standards of the brand.
- Location: The minimum land requirement to open a pre-school is 1,000 sq. ft to 1500 sq. ft. It should not be located in a very crowded area with a high traffic frequency.
The entrepreneurs who are aspiring to take up a pre-school franchise and lack adequate financial resources have an option to take up bank loans. If you have the zeal to work with kids, then nothing better than owning a pre-school franchise. Pre-school is not only a fine business for making good money but also gratifies you by letting you help the children in their overall grooming.