The Way Forward for Every Indian School Franchise
In the past decade, the
preschool industry in India has taken a leap. People have now started
understanding why it’s significant to send their kids to a renowned playschool.
Although the demand for preschools is high, the market for the same is very
fragmented. This also means that there are innumerable opportunities waiting
for people who want to make a mark in the education field. Initially people
used to rely on private tutors to teach their kids about the basics of
academics but that has changed in the past few years.
Parents have started
relying on educational institutions that have a name in the market. That’s
where franchising comes into place. There are some top-notch preschools that
have managed to successfully create a reputation that attracts a lot of
parents. Starting an Indian
school franchise thus may seem like a cool idea.
It’s also interesting to
notice that the parents in the metro cities are willing to spend on quality
education but tier 1 and tier 2 cities’ population isn’t way behind in this
process. Franchising is therefore going to play an interesting role soon.
Although there isn’t a stringent regulatory body controlling the functioning of
any school
franchise, the parent companies still expect the quality of education to
match theirs.
The future of franchising
in India is very promising as franchisors are also looking at expansion and
diversification. They want to penetrate different markets and create a
structure in place that influences the others in the field.
Both the franchisor and
franchisee do their bit for a detailed research and assessment process. In
order to be called the best
school franchise, the parent companies must make sure that they are
collaborating with people who are qualified, creative, and willing to bring a change. Therefore,
even though the path is laid with opportunities, people in the education field
must strive and up the game constantly.
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