With the vast expansion of preschool market in India, new avenues are opening up for the entrepreneurs each day. This sector witnesses exponential growth each year. Play School Franchise is a growing business opportunity for many aspiring entrepreneurs in our country. So, what is that drives this growth and what are the benefits of owning a franchise for preschool in India.
This post will list out how preschool franchises are booming as businesses these days.
Preschool franchises in India as booming businesses
Today, most of the parents demand modern and quality education for their children right from the pre-schooling age. In this aspect, owning a playschool franchise is a very lucrative and profitable opportunity for interested entrepreneurs.
Preschool franchises as a profitable business source
The demand for preschool franchise is sure to remain high in the coming years, fueled mainly by the increase in the total disposable income of a family as women also work these days.This is also an ideal concept for women who want to get into business. It allows them comfortable work timings so that they can manage their personal and professional lives well.
Preschool business from a franchisor’s perspective
It is an easy business idea for any franchisor as there are not many strict rules and guidelines to enter this business. By franchising, they also get a chance to spread their presence in targeted areas.
Benefits to the Play School Dranchisee
A franchisee can reap many benefits of the preschool business model.
- Low risk:
The risk of business and the gestation period are lessened in this model. This also provides an easy transfer of the technical know-how and policies of the franchisor.
- No promotion needed:
You do not have to worry about the promotion and other marketing activities as the franchisor takes care of all those activities.
- Easy business:
Partnering with an established preschool brand attracts more parents towards your franchise and so, this gets more business for you!
- Quicker ROI:
There is a quick return on investment and the returns continue over a long period of time. You also do not have to brain-storm about the curriculum and other research work as it has been done by the franchisor already.
- Training and support:
You would also get the required training and support for your preschool franchise. The franchisor looks into all the business development activities and so, you can relax a bit!
- Low investment:
Most of the expenses are included in the initial investment. This includes the office space, renovation, toys, equipment and marketing. So, you do not have to pay anything over and above your initial payment. You can start the franchise with an initial investment of around 5 lakhs only.
The preschool sector is a very lucrative sector in a country like India. One such great preschool franchise is the Kidgo Play School. They have easy and low investment plans and the process to achieve the franchisee is very easy. If you want to make the most out of it, you must contact a franchisor soon as this segment is expected to see an upside in the coming decade and also for all decades ahead!