Are you looking for an ever-green business opportunity that ensures growth for the future? There are many reasons to consider a nursery school franchise in india. The Indian preschool market is expected to grow by 18% (CAGR) from 2020 to 2024. Find out what the growth prospects are in this segment, what you will need to get started, and what benefits it offers.
Growing Demand for Higher Quality Playschools
There has been a surge in demand for a combination of high-value services and the traditional playschool system. Modern playschools are attracting the attention of parents with the following facilities and amenities:
- Secure access systems
- Personalized educational programs
- International curriculum
- Real-time CCTV access
- Holistic educational and extra-curriculum activities
More parents now realize the importance of developing cognitiveand language skillsfor childrenin the early formative years. These modern models of playschools are offered mostly by branded education franchise in haryana and NCR. There has also been a surge in demand for higher quality early childhood learning programs. Thus, more and more parents are ready to spend more on higher quality learning environments that help in the overall mentaldevelopment of their children. All these factors are expected to drive the huge growth in the preschool ecosystem in India.
Preschool Franchisee Requirements
Once you notice the great opportunity that lies in becoming applying for a nursery school franchise in india, you should know about the requirements to become a franchisee with a reputed brand. You should expect the following minimum requirements:
- Investment Potential: At least Rs. 12 lakh
- Franchise Fee: At least 2.5 lakh
- Royalty: Around 10%
- Minimum Space: 180 sq.m.
Usually, you will be entering into a franchise term of 7 years or longer. Once you have made the decision to open a playschool franchise, you should also know that it will be required to hire the right people. Some of the manpower requirements in this regard include the following:
- Hire a center head who matches the quality standards set by your franchisor
- Hire at least 1 teacher per class
- Hire 2 or more assistant teachers
- Hire at least 1 maid per 20 students
It will also be required to ensure minimum hours of classes for different levels.
Benefits of a Preschool Franchise
While you are considering your options for opening education franchise in haryana or NCR, you should also know about some key benefits:
i. Become Your Own Boss
A playschool franchise is an excellent opportunity for you to work for yourself. Not only does it allow you to set up your own organization, it is also an easier and cost-effective entry-point into the world of education. Setting-up any higher educational institution can be quite expensive. A preschool franchise allows you to pursue your entrepreneurial goals. If you have been wishing to say goodbye to your 9-5 job, this can be just the right opportunity for you.
Imagine trying to set-up your own independent playschool. The lack of experience and expertise will be a big concern from the very beginning. When you choose a nursery school franchise in india, you will get guidance in all aspects of management and operations. This means that there is very little room for you to make any mistakes. Thus, your chances of succeeding with your new venture increase significantly.
There are many more ways in which you can benefit from opening a playschool franchise.