Articles

6 Benefits of Opening a Play School Franchise in India

by Sumit Taxali Maple Bear Canadian Pre School

Opening a play school franchise in India is a lucrative option given the fact that the preschool education industry is growing by leaps and bounds. Prominently dominated by the unorganized sector, this segment of education has been attracting huge investments in franchisee business as there are lesser regulatory limitations and a minimal infrastructural requirement to set up a play-school.

 

According to research, The preschool segment market size is estimated at Rs. 130 bn in FY17 and is expected to grow at a CAGR of over 20% over the next three years to reach Rs 225 bn. With growing awareness among tier 2 and tier 3 cities, the share of branded preschools is expected to increase above 30%. The strong growth in the segment will be driven by the rising share of the branded chain of preschools, rising income levels, rapid urbanization, and an increasing number of working women, improved affordability and rising demand for quality education. Thanks to the boom in playschool franchise opportunities, more number of preschools are being set up in tier-2 and tier-3 cities as well.

Preschool Market Size

FY2017(E)

FY20(P)

Population-mn

1,266.9

1326.1

Target Population (0-4 years of age) – mn

117.2

116.5

Target Population as % of total population

9.2

8.8

Net Enrolment Ratio

2.5

3.5

Enrolled population mn'

2.9

4.1

Total Market Size - Rs. bn'

130

225

 

There are a lot of renowned play-school brands and budding pre-schools that offer profitable play-school franchise opportunities in India. The basic criteria to be fulfilled to set up a preschool comprise investing a certain amount of money, holding an area according to pre-defined length and breadth, time and putting in continuous efforts to make your venture successful.

Scroll-down to read about the host of benefits that come with opening a play school centre:

You do your bit towards quality education accessible
Playschool franchise is not just a business model, it is also an opportunity to make a difference by making quality education available for children at the very first level stage of their learning trajectory. It has been emphasized enough that most of the development and learning for a child takes place during the first six years of his or her life. Therefore, it is imperative to provide them with avenues for quality early education and advanced learning.

 

Let’s you be your own boss

Franchise opportunities in any industry, including pre-school, helps you to pursue your entrepreneurial dreams. It empowers you to say good-bye to a tedious and binding job with a strict 8–9-hour schedule. As a play-school requires a maximum of 6 hours to be invested every day, you end up with ample time in your hand to follow your heart while making a good amount of money.

 

Step-by Step guidance to kick-start your enterprise

Most of the established play-schools provide support from the very first until the last step of setting up a play-school franchise which reduces the scope for mistakes and the resultant losses. This includes outlining the school layout, infrastructural requirements, curriculum planning, teacher training, marketing, utilities and school operations management to name a few.

Helps you monetize your spaces
Play-school franchise opportunities aid you in utilizing the piece of land you have and drawing revenues out of it. So, if you have any piece of land which has been lying vacant for years, you know what options do you have to use it judiciously, given the fact that it fulfills the other conditions for opening a school for toddlers.

 

Diminishes the likelihood for losses

The initial investment to start a play-school franchise would cost anywhere between 10 lakhs to 20 lakhs depending upon the stature of the brand. Though it generally takes some time to achieve the break-even point but instances of the business going to losses have been very less.

You get to spend some time with little angels
‘’A smile from a child is a package of sunshine and rainbows’’, said a wise person. Spending time with children has been a proven stress-buster for years. Moreover, children teach you some essential life-lessons that we might have forgotten in the journey to adulthood. A play-school franchise gives you an opportunity to explore the landscape of a child’s point of view.

 

With an increase in income levels Indian parents, they are willing to pay more to ensure that their little one gets a better education. This factor has further propelled the growth of the pre-school industry in India. Always do a thorough on-ground and off-ground research before tapping an opportunity to set up a play-school. Have more suggestions to share? Write in the comments box below.


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About Sumit Taxali Junior   Maple Bear Canadian Pre School

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Joined APSense since, October 30th, 2019, From Delhi, India.

Created on Oct 31st 2019 02:03. Viewed 244 times.

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