What to Know for Starting School Business in India

The education field in India is no longer limited to traditional classrooms. All thanks to new start-ups, high speed internet connection and smartphone due to which the virtual learning space is growing to manifold. The e-learning market in India is estimated to be about $3 billion but the start-up founders get this figure wrong.

The central government is drafting plans to make digital learning available to everyone and aiding in more funds for its efficient functioning.  If you are planning to start a school franchise in India then you need to understand what are requirements? Decide what you want to venture into like play school, CBSE school, 10+2 school or a college franchise you should affiliate with?

Many people are hesitant about buying a franchise, questions like whether is it a wise decision or not hovers all over their mind. According to experts, it is indeed an intelligent decision which gives you brand recognition, low capital investment, high success rate, a well established system including training and support.

Presently online training is being concentrated equally in both schools and colleges-based courses as well professional courses. Therefore, starting a school in India is a profitable business because education is one of the largest service markets in India.  The education sector is wide so the valuations seem to balloon up when we look at the total education expense of Indian population.

Let us take a deeper look into what lies beneath the hidden layers of the education industry. It operates in a highly regulated framework and the regulation starts at the Central level and gets decentralized at State level. Hence the regulations differ from one state to another.

In India school is regarded as non-profit enterprise and the business opportunities available in this sector are probably low.  The NGOs working in the education sector have expressed that in Delhi alone nearly 14 lakhs students get enrolled in different classes every year.

According to laws private organizations cannot run schools in our country. The schools need to function through a society that has to be created in accordance with Societies Act of 1860 or a trust that is in coordination as per the Public Trust Act of individual states.

Therefore summing up starting a school business in India is worth it if you know in what to invest and ensure smooth working of the organization.