With the growing tendency of the nuclear family, it has become very important for the kids to enjoy the company of the other children of the same age group. That’s why; the concept of the play school is gaining popularity each passing day. Among the Indian Franchisees, many people are exploring this business prospect to gain success. Parents prefer to go with the brand name of the school which maintains a high standard. If you also have the passion to work around those little bundles of joys, then here is information on how to set up the business.
Market Research: Before investing in any franchise business you have to understand the market first. You need to find out the competition and prospect of profit in the business. You can consult with the Indian Franchisees who are already running their centers and ask what are the challenges that they face. You can seek the guidance and suggestions from the experts of this field. It will help you to plan your route to the destination. Discuss with a Franchisor: Every franchisor has a different business plan. You can consult with them, review and compare the plans and chose the most suitable one for you. You have to have a clear understanding of all the expenditure and duties that both the franchisees and franchisors have. Make sure what are the services included in the investment cost. Prepare Yourself: After the consulting with the franchisor, you have to prepare yourself to launch the venture. Consult with the franchisee attorney before you sign a contract. Arrange the real estate which has a suitable accommodation for a preschool. You can take cues from the other Indian Franchisees regarding the preparation. Location: The success of the preschool is primarily based on the location as the parents want something close by. Try to find the property which is easily accessible to nearby families. Designers and Stationary: The preschool should be beautifully decorated to attract the attraction of the children. Marketing: In the final stage, when you are ready with the preschool set up, you need to focus on marketing. You can for instance distribute leaflets in prominent places of the adjacent localities to let the people know about your preschool and its features.
0 Comments
Leave a Reply. |
AuthorMr. Herman has lectured at the First Annual Franchise Conference held in Shanghai, China in October 1998. He has also lectured on Franchising Issues in San Jose, Costa Rica in September 2001, and with the ABA Forum on Franchising in Orlando, Florida in October 2005. Archives
May 2018
Categories
All
|