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- CBSE School Franchise: Is It Right for You?
- Challenges of Starting a CBSE Franchise and How to Overcome Them
- Exploring the Benefits of Starting a CBSE School Franchise in India: The Success Story of Satluj World School
Are you Looking for a low Investment Business Opportunity? Try a Pre-School or K-12 (10+2) School Franchise
Pre-primary, primary and secondary school education are recession-proof business opportunities for Edupreneurs. When a child turns three, s/he has to go to pre-school, and needs to have a teacher. It’s been the same for centuries; it has nothing to do with the economy. Education is a fundamental right. And with an ever-growing population, there will always be a need for new schools.
When it comes to investing money in the 21st century, it is important that you select an industry that will remain unaffected by recession. A pre-school/school franchise, therefore, is the best franchise business opportunity in India that you can invest in. Latest research has shown that opening a pre-school/ school franchise is probably one of the only recession-free businesses that you can easily invest in.
You can open your own school franchise in India. But, it can be quite a tricky process, so proper guidance is necessary.
The pre-school education industry in India is currently valued at more than USD 3.7 billion or INR 25,000 crores,(Source: Industry Research. co) growing at a high CAGR of 23%. Moreover, the K12 (10+2) school Industry sits at roughly USD 100 billion or INR 7.7 lac crores, with a CAGR of nearly 20% (Source: VCCircle).
So, you can gauge that opening a school or a franchise school in India can be quite profitable. That is, of course, if you select the best school franchise.
There are many franchise schools that are available. The key is to select the right one as per your requirements.
You can open primary school franchise, middle school franchise or a secondary/senior secondary school franchise. Or even a pre-school franchise or crèche. It will all depend on how must investment you are willing to make towards your franchise business. And how profitable a franchise opportunity you can create for yourself.
In the education industry, business owners (and school franchise owners) are referred to as ‘Edupreneurs’.
The sole reason why entrepreneurs/edupreneurs are willing to opt for a K-12 (10+2) school franchise in India is that it is a safe and secure investment opportunity.
The basic requirements for opening a school franchise are as follows:
- Market Study: The main concern is to study the market well. It can help you to ascertain the number of pre-schools/ K-12 (10+2) schools franchisors that offer franchise opportunities in India.
- Funds: Once the market is studied thoroughly, it becomes important to make necessary arrangements for the finances required to establish a pre-school or K-12 (1O+2) school franchise in India.
- Land Requirements: Another crucial aspect to be taken into consideration is to determine the area of land required. The land can be owned or it could be rented (leased) as well.
So, now that you’ve decided to open a school franchise, how can one choose the right franchisor in India?
It is important to reach out to a renowned school franchisor before creating ‘your dream school.’
A few relevant points stated below can help you start off:
◇ Take some legal/business advice: It is advisable to consult your accountant/ CA, legal and other trusted advisors as to whether the decision to start a pre-school or K-12 (10+2) school is worthwhile.
◇ Discuss with other business owners: It is always a good idea to discuss and take opinions of business owners as they will give you an insight into the dynamics of running a business.
◇ Shortlist your favourites: After discussing, examine the oldest and most trusted education groups that offer the best pre-school pr K-12 (10+2) school franchise opportunity.
◇ Approach shortlisted pre-school or K-12 (10+2) school franchise groups: Now, you are required to reach the shortlisted pre-school or K-12 (10+2) franchise school groups one at a time and collect relevant information from each one of them.
◇ Choose the best option: Choose from the given set of selected school franchise brands and analyse the best from amongst them.
◇ Become a pre-school pr K-12 (10+2) school franchise owner: You can now become the proud owner of an already established school in India.
Why should you opt for a K-12 (10+2) school franchise?
Given that our first school was founded 44 years ago in 1976 in Chandigarh, India, we have launched a franchise model so that Edupreneurs can gain access to the successful ‘Satluj Way’ of imparting education.
For more information on how to open a Satluj World School or Little Satluj Pre-School, please visit https://satlujworldschool.org/open-a-satluj-school/
You can contact us on +91 7814502052/ 91 6283002970 or drop an e-mail to partner@satlujgroup.org.
Alternatively, fill in the Franchise Inquiry form here and our representative will contact you shortly: https://satlujworldschool.org/open-a-satluj-school/#Slide-form