How to Buy a School Franchise

In India, the lack of quality education at the elementary level has led to the growth of the private schooling sector in India. Moreover, today, parents also prefer to send their children to private schools that are well-established and are capable of providing world-class schooling experience to their children. As a result of this growing demand for more private schools, many business persons are considering shifting to the education industry. So, to cater to the demands of such business persons, many school brands are giving franchises of school in India. Franchising is a surefire method of starting a business successfully. It’s a win-win situation for the two parties namely, the franchisor and the franchisee. In case you are considering franchises of school in India, go through the pointers mentioned below, which will give you an idea about the basic procedure to buy a school franchise.

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  • First of all, make a list of all the prospective franchises of school in India and enquire about the franchise fee that they are charging and other details. After going through all the details, have a word with your legal advisor and select the best franchise option.
  • Then, obtain the franchise application form of the selected franchise and submit it after properly filling in all the details. Along with the submission of the franchise application form, also submit the initial franchise fee, as specified by the franchisor.
  • After this, either look for a land yourself and get the land & location approved by the management or seek the franchisor’s help in the selection of an appropriate site. Subsequently, obtain the NOC from the State Government and begin with the construction process.
  • Simultaneously, sign the franchise agreement, get approved the guidelines laid down by the school organisation.
  • Further, start with the whitewashing of the school building and interior decoration. Also, purchase sufficient and safe furniture, lab equipment & apparatuses, stationary material etc. for your school.
  • Later, get in touch with the PR and the advertising department of the franchising school, to have an access to the professionally prepared marketing material. This will help you to effectively promote your new branch in the neighbouring locality.
  • At last, employ qualified staff by conducting interviews within the school premises. You can also consult a placement agency, which can help you in appointing competent staff for your school.

This is the basic procedure to buy a school franchise. The only thing that you need to be careful of is the selection of a good franchise. In India, there are innumerable options available. However, an excellent brand in the field of education, which stands out amongst the rest is the SHEMFORD Futuristic Schools. With over 100 branches located in 19 states, the school chain is spread across the entire length and breadth of the country. It is because of the successful franchising, that today SHEMFORD is counted amongst one of the leading school brands in the education industry. So, get associated with SHEMFORD and make your contribution in the noble field of education. To get started, click on the tab ‘Enquire for School Franchise‘.

Chat on Whatsapp +91-9650193838 for more Details

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Franchise – Business Opportunities in Education Sector

Business opportunities in every sector are blooming with the concept of franchising options. In the process of Franchising, the Franchisor provides the prospect to franchisee to use the well-established name and fame of franchisor’s business model. It creates a Win-Win situation for both the parties involved as the Franchisor gains visibility by establishing a chain and the Franchisee gets to explore the business opportunity through a prosperous brand name. In the Education industry itself, the Franchising option has been accomplished profoundly.

Working with an established brand makes it easy for the franchisees to get a kick start and accomplish their goals effectively. There are many benefits of joining and starting up with a Franchise option as it can be a rewarding career field for experimenters. In education sector, one has great options to tryout with as one can start a:

 

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  • Play School
  • Pre School
  • Formal 10+2 School
  • Day-care Centre
  • Learning Centre
  • Training Institute
  • Educational Institute

Nowadays, it has cuffed in more competition for such businesses to grow. It has become the most popular method for expanding the education brands. Therefore, one can estimate the advantages of being a part of this Franchise World. It is a venture in which one can always find avenues for:

  • Sustainable and Profitable undertaking
  • The detailed understanding of fool-proof systems and procedures
  • Easy and quick approach to business mantra
  • Low initial costs involved and inexpensive operation
  • Proper guidance and training with full support in operations
  • Infrastructure adds to the quality of services offered
  • Technical and Systems support

Due to such benefits offered and even many more advantageous situations created by Franchising option, it has created an area-wide market filled with loads of alternatives. There are several schools and training institutes which are offering education franchise opportunities options to promote and enhance their chain of schools. Franchising gives an opportunity to the franchisees to give their best inputs and join hands together working towards a common goal with mutual interests. It takes very less time to channel the activities of a franchise and make it a functional business unit. It takes only a few steps which are guided by time and efforts to get started. All you need is contacting the right franchisor, take down the procedures to start a franchise (Land availability, Costs involved and certificates required).

The main question that arises is how to find the right franchisor for developing this opportunity. It is very important that you choose a brand which is successful and known, so as to gain maximum from this venture. Though this can increase the formalities on your head but, it can relieve you from building that “rapport” as it will be pre-established. You would just have to maintain that trademark and add your extra touch to it!

SHEMFORD Group of Schools also provides such opportunity to its franchisees to join their group and make it an upcoming experience for them. SHEMFORD Group of Schools has covered various parts of India and Abroad & involved so many franchisees. SHEMFORD believes in attainment of goals with others and through others.

SHEMFORD Group of Schools believes that taking up a school franchise is also common these days due to the following reasons:

•  Awareness of quality schools education is increasing day-by-day.

•  Societal support is gained as it is a respectful business activity.

•  Easy and flexible work timings make you work at ease.

•  The business functions on cash transactions and not on credit.

•   A positive working environment with ingenuity.

•   You need not acquire land in the prime location.

•   Holidays as per your children’s holidays. This reduces absenteeism from work.

So, it has been growing and will even flourish in the near future because good schools and quality education is the need of hour!

 

Chat on Whatsapp +91-9650193838 for more Details

 

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Franchise Opportunities in India

For every prospective business design, the main idea is to reduce the risk factors or reduce the chances of failure. In this respect, Franchising provides the best-possible business mould where the main purpose is to make sure that the franchisor and franchisee both benefit. The franchisee is assured of minimization of risk whereas the franchisor is guaranteed a royalty fee in return. The franchisor has to look after the interests of the franchisee because of his own vested concerns. An unsuccessful franchisee would translate into no royalty being forwarded. Therefore, the franchisor makes sure to impart as much training/skills/support to the franchisee. In comparison, new start-up businesses have the risk of failure whereas the best franchise opportunities offered by reputed brands, companies make sure that the franchisee earns profits from its very inception.

Interested to Open a School? Call +91-9555433433

Common Practices
The franchisee-franchisor relationship is an ongoing process, like a continued association with a common goal. The best franchise opportunities have the parent organisation or the franchisor making sure that the franchisee doesn’t commit the same mistakes that had been committed when the business was initiated and had just started function. It is the duty of the franchisor to make sure that the wisdom gained from years of practice is passed on to the franchisee. The franchisee in turn is responsible for making use of these tips and providing an honest feedback regarding the relevance of the training/support provided by the franchisor.

Best Franchise Opportunities
1. Becoming a Master Franchisee — a master franchisee has an assured method of getting an income when compared to a normal franchise operator. As a master franchise, there is the provision of generation on income through personally-owned stores with a reduced royalty/franchise fee. In addition, a master franchisee can generate income through —
• Franchise Fees from a number of subordinate franchisees.
• Ongoing Royalties — this is the master franchisees main source of income source.
• Fee for products that are a part of additional services.
• Whenever, real estate is involved in a franchisee’s location, the master franchisee is usually involved in development of the site and basic infrastructure and charges a certain fee for it.
2. Buying an Existing Franchisee — sometimes people prefer to buy franchisees that are already functioning and bringing in profits. This is the most assured form of becoming a franchisee but it is quite expensive to buy a profit-making franchisee.

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