Taking A School Franchise Vs Starting Your Own School

By Author: Riya
Total Articles: 15
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The Indian education sector is filled with opportunities waiting to be harnessed by budding entrepreneurs. With the advent of technology, the need for better education has also taken a leap. Since the entrepreneurs have now realised the scope of development this industry holds, they’ve actively started participating in it.

It’s noteworthy that the franchising business has started growing especially in the education field. While starting a play school on your own might sound ambitious but it has its disadvantages too. That’s when you know you should consider taking a school franchise as an option. When you’re the owner of your preschool, you are the sole beneficiary of the profits your institution makes. There’s no sharing of profits involved like a school franchise, but you must consider the amount you’d spent on royalties and maintenance too.

One of the best things about starting your own school is experimenting with subjects. The biggest hurdle in doing that in today’s time is finding the right person for the job. Generally, parents look after something that’s already been done because academics ...
... can’t completely function on trial and error method at the expense of a child’s education. In terms of finance, taking up a franchise will bring you more returns as it works on a tried and tested method. In the field of education, the reputation of an institution matters the most. In the case of franchising, you’re emulating the functioning of an already successful parent company. These companies provide franchisees with constant support, guidance, and help since their credibility is a stake.

Every best school franchise aims at delivering the best curriculum to the students. They must stay up to date with the changes taking place to suffice the demands of the people. Prior market research is also significant, and franchisors help you with that. A franchise comes with an already established name which makes it easier to recover the money. Starting a school on your own means putting a lot of time, money, and effort with no real guarantee of it manifesting into something successful. Whereas, getting a franchise is safer that way.

There is a screening process by the franchisors before they seal the deal, but these parent companies also provide training to start a preschool. As you won’t have to spend a lot of money promoting the preschool, taking a franchise in education makes a lot of sense if you don’t have enough funding. You just must keep in mind that you’re complying with the rules and regulations set by the parent company. With the increase in demand for preschools, the competition has also risen. It’s almost impossible to make a mark singlehandedly by taking up something experimental. Having someone to always back you in a field so tricky and important at the same time truly works wonders.

In the end, it depends on you and what type of franchise you want to build. Every Indian school franchise also believes in bringing innovation and if it works for the parent company, it’s like that they adopt it for the betterment. For more information visit https://www.podarsmarterschools.com

Established in 1927, the Podar Group is one of the most established school brands in India. Podar is among the fastest growing school networks in the country today and has 124 owned Podar schools and combined student strength of more than 1,55,000. In addition to the owned schools, the Podar Group has approximately 18 years of experience in the Franchise sector with more than 200 Franchisees of its pre-primary school 'Podar Jumbo Kids' pan India.