One of the most rewarding options to invest in the education business in India is to become a school franchise. A school franchise provides a pre-made program, recognition and support, unlike many other types of businesses, which reduces risk for novice business owners. Education is a very stable and in-demand industry to consider if you are considering a low-investment franchise opportunity.
This checklist guides you through each step from investment planning to first class.
1. Investigate the Appropriate Franchise Brand
Research the brand prior to signing, their curriculum and their support system.
- Check for the brand’s presence and track record in the cities
- Examine academic support, teacher training, and curriculum provided
- Discuss with current franchisees how it’s working out for them
- Review the differences in royalties and renewals
2. Grasp the Investment Required
Education franchises come in many different formats and cost structures, depending on the city level, brand positioning, and format. A number of brands are available now offering a franchise in India with low investment, which is easily available for those with less funding.
- Cost of franchise/royalty percentage
- Cost of infrastructure and interior furnishings
- Devices and equipment for learning and play
- Cover capital costs, which will be needed for the first 6 to 12 months
Comparing food items and education sectors, the former is one of the least risky and most needed sectors and is always considered for investment in a franchise. In contrast, education is a relatively risky and less in-demand sector for franchise investment.
3. Choose the Appropriate Location
The location decision must have a significant impact on admissions and long-term growth.
- Identify home areas where young families are being born
- Determine if there is a need for new schools in the area
- Check accessibility, parking, and safety of the area
- Ensure a school is zoned and land use compliant
4. Fill Legal and Regulatory Forms
Educational franchises are subject to compliance requirements prior to enrolling students.
- Register the entity and get trade licenses
- Ensure fire, building and health clearances are secured
- Apply for education board affiliation (if applicable)
- Prepare the franchise agreement and get legal advice (consultation)
5. Install Infrastructure and Classrooms
The physical infrastructure must be on par with the brand’s safety standards and requirements.
- Design classrooms and playgrounds and plan washrooms
- Safety signage, CCTV, fire extinguishers
- Prepare smart boards, furniture and learning kits
- Make the space conform to the design standards of the franchisor
6. Employ and Develop Staff
But a small investment education franchise still needs the right staff to create a relationship of trust with parents.
- Hire qualified teachers and support personnel
- Implement franchisee training materials to completion
- Employ staff for front desk and administration duties
- Schedule staff ahead of the school year
7. Create a Local Marketing and Outreach Plan
The initial wave of admissions comes from local community visibility.
- Put up flyers and banners in nearby residential areas
- Post locally on social media about parent involvement
- Showcase the school with an open house or school preview event
- Collaborate with neighborhood parenting organizations and communities
8. Introduce the First Students to the Program with Admissions & Onboarding
The final step is to transform your setup into a running school.
- Set up an admission enquiry and counselling process
- Create lists of documentation for parents
- Welcome sessions at the start of term
- Take a review of the first batch and make changes to improve operations
Why Education Franchises Appeal to Low-Investment Entrepreneurs
One of the only areas where demand doesn’t fluctuate in response to economic cycles is education. That’s why many would rather consider a low investment franchise business rather than schools. Because of their long-term relationships with parents, repeat enrollments and steady referral growth, the education franchise category is also a low-investment franchise business in India.
FAQs
Q1. What is the initial investment required for starting a school franchise in India?
The cost of investment depends on the brand and model. Still, there are education franchises nowadays that fall into the low investment category, so it is available for first-time entrepreneurs.
Q2. What types of documents are needed to commence running a school franchise?
Registration, trade and safety licenses, education board affiliation (if applicable) and a signed franchise agreement are typically required.
Q3. If you were to sign a franchise, how long would it take to admit the first student?
The setup and staffing of most franchises, plus the admissions and the first academic session, can take between three and six months.
Q4. What are the advantages of a school franchise over other low investment franchises?
Franchises in the education sector are consistent and have the potential for long-term relationships with parents, making them another great option for low investment franchise business.
