Methods that can generate a profit from a kindergarten franchiseby Pawan Yadav Blogger
The playschool/kindergarten business has been growing rapidly in every nook and cranny of the country. Franchising has emerged as the most successful model of expanding the business in preschool. The increased concern of the parents regarding the education of their ward has helped the kindergarten franchise expand in recent years. Franchising is a proven business model and therefore, it is safe to opt for this business especially for young entrepreneurs. Kidzee believes that the process of franchising is getting better and it’s more than just a passing trend. As a franchisee, you enjoy a lot of privileges as most preschools provide the required staff, training, transport, equipment and lots more. Kidzee also provides the franchisor with various equipment such as school bags, books, toys, crayons, uniforms, lunch boxes and water bottles. The franchisor not only shares the brand image, but also the knowledge, experience and technical expertise with you.
Prerequisites to own a preschool franchise for profit making are as follows-
1. Quality Staff- A good team of qualified teachers is the most important prerequisite to assure proper working of the preschool. Kidzee also provides proper training to their staff from time-to-time. The franchiser also lends a helping hand to the franchisee to satisfy staff requirements. With the experience and knowledge of the franchiser, they are able to take qualified and educated staff for the new preschool franchise.
2. Investment- Investment is an important part of building up a franchise. Investment between the range of INR 12,00,000/- To 15,00,000/- is preferable. It is also dependent on the model of the pre-school and could vary based on location and other factors. The kindergarten franchise should ideally invest in supplies such as a playground, furniture, classrooms, school bags, a cafeteria and other supplies for the infants. You should also invest in things such as business plans, rental advances, toys and other equipment such as furniture, colours, paints etc.
3. Location- Location also plays an important role while you decide where to construct your kindergarten franchise. The minimum land requirement to start a preschool franchise in your local area is 2000-3000 sq. It should ideally include a residential area in the vicinity. The kindergarten should not be located in a very crowded area with heavy traffic since it could make the learning process of the infants more difficult.
The entrepreneurs who are aspiring to take up a preschool franchise and lack financial support have an option to take up bank loans instead. If you have the passion to work with kids, then there is nothing better than starting a preschool. A preschool franchise is not only a fine business for making good money, but also gratifies you by letting you help children in their overall grooming and upbringing.
Created on Sep 13th 2017 00:20. Viewed 875 times.