'Is it better to start own School or take a Franchise?'
It is one of the major questions, most of the school
consultant service providers come across. The reality is there is no specific answer for this question. Based on
the investment and vision, a franchise can be a good option for some, while the
own brand is the more viable option for others.
If you look at leading brand names in the education industry
like DPS, you might get lured towards the school franchise opportunities. The brand has created a strong value for itself
and helped many investors realize their dreams. There are a number of factors
you need to consider while deciding between own school and franchise.
Franchise route:
To choose between own school and franchise; first analyze
the pros and cons of both the options. Let’s have a look at benefits of A franchise?
1. Less investment is required to start a school.
2. You can get an expert support with proper school consultancy and guidance from the brand.
3. A Proper teacher training and hiring process is explained, to help new entrants.
4. You don’t have to spend time and energy on designing the curriculum.
5. You have to put less effort to establish the brand, as it is already a well-known name in the education industry.
6. It helps you get immediate visibility and recognition.
Can the teaching methodology used in a Delhi based school be
suitable for students in Mumbai? No, the school staff needs to plan things
according to the location, which is possible only with own school.
Own School:
• Let’s have a look at the benefits of owning a school to get the better comparison for wise selection.
• You get your own brand.
• The whole income is yours, which in case of franchise you need to share with the brand.
• You get complete control of the management.
• You work with more dedication and commitment to establish and grow your brand, which might be missed in the franchise.
• It gives you more flexibility.
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The problem with own school is a risk of high loss in case
of failure. You might also miss the technical knowledge, which is available in
franchise right from the beginning.
So, if you want to create your own presence, opening own
school is right choice. And if you have limited budget and knowledge, look for school franchise option in India.
Shri Educare is a leading school franchise provider in
India. The group also provides consultancy services to help people make the
right choice.
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