With increased awareness among the parents and very high level of impetus from the decision makers, need of quality PRE PRIMARY EDUCATION or EARLY CHILD CARE EDUCATION has risen tremendously. PARENTS strictly DONOT take any chances in the early years of Education for their children. The trends are overwhelming and consistent in all geographies in all the economic differentiations worldwide. Hence, it’s a great opportunity for any person or Individual who genuinely seeks to deliver a promising education system or be part of an established education system. Besides, it assures the entrepreneur a fulfilled life personally and professionally.
RISK FREE BUSINESS OPPORTUNITY
Multiple Revenue Streams which helps in tapping the complete potential of the space.
EDUCATION - A Recession Free Sector
Average Annual Exp. On Pre Schooling
Flourishing Indian Pre School Market
INDIAN Pre School Market or Early Child Care Education ( ECCE ) consists of PRE SCHOOLING which as pr the current & LATEST EDUCATION MINISTRY guidelines have shifted to 8 years of age, Daycare services, Home schools & the After School Activities. Combining all the facets it provides a very promising opportunity for the New Age Entrepreneurs.
Speaking objectively, Indian ECCE market size of preschool industry in India is increasing exponential, with an amazingly better scope in Tier 2 and Tier 3 cities. According to a report by dnaindia, the pre-school market in the smaller cities is growing at a whopping 120% per annum. Another recent report by wiseguyreports.com estimates that the overall preschool market is set to bloom in India with an estimated compound annual growth rate of 21.84% between years 2016-2020.
Excellent for New Entrepreneurs
Before Grabing any new business Opportunity there are always 4 Aspects which should be assessed and covered :
Industry Sector is the most critical assessment in making that decision to taking the plunge. AS pe the metrics provided above the Industry is growing at an CAGR of more than 20% by all estimates which is very good. Second most important’s that the unorganised sector in the industry is gradually shrinking and moving towards the organised one. Within a span of 5 years pre 2017 the over all market size increased by 200% and the organised sector shrunk to 80% of the total pie.
Second aspect after making sure that this is the correct Industry is that whcih company you are getting associated with ? Credentials of the company, Team Strength, thought process, Growth Curve & so forth. Meet the people, the founder , Director & everyone around. Always make sure to EVALUATE BRAND VALUE RATHER THAN BRAND NAME. BRAND VALUE is the value the Team carries, Value with which the Team works. CUSTOMERS today are more informed than anyone else. All information is in public domain. So Make sure you are looking at the service quality rather than the BRAND NAME per say.
FRANCHISING removes the risk of failure by providing ‘domain expertise,’ thereby reducing the gestation period of any business while generating revenues right from day one. FRANCHISING MEANS LEVERAGING ON A PROVEN BUSINESS MODEL and is safe for not only serial entrepreneurs, but new ones who want to risk averting the risks. More than 70% distribution models across the world are working through this model only.
Obviously, after vetting everything, look very realistically what’s in there for you ? What do you get ? What’s the ROI ? Understand the financial model and the risks involved in this. ALWAYS MAKE SURE THE RETURNS ARE REALISTIC & NOT OVER BOARD.
WHY INVEST IN A PRE-SCHOOL FRANCHISE?
A Recession Free Sector
As awareness about quality education has risen tremendously, parents today strictly do not take chances with their children’s schooling, especially in those vulnerable first 6 years. Therefore, no matter what the economic conditions are, our children remain our main concern, an investment we unwilling to compromise upon. This consciousness towards a quality pre-school education is prevalent in both urban and rural areas of the country, whether amongst literates or otherwise. Hence, it’s a great opportunity for any person who genuinely seeks to deliver a promising education to the society. Besides, it assures the entrepreneur a fulfilled life personally and professionally.
Flourishing Indian Market for Pre-school Franchises
Speaking objectively, the market size of preschool industry in India is exponential, with an amazingly better scope in Tier 2 and Tier 3 cities. According to a report by dnaindia, the pre-school market in the smaller cities is growing at a whopping 120% per annum. Another recent report by wiseguyreports.com estimates that the overall preschool market is set to bloom in India with an estimated compound annual growth rate of 21.84% between years 2016-2020.
Excellent for New Entrepreneurs
Franchising removes the risk of failure by providing ‘domain expertise,’ thereby reducing the gestation period of any business while generating revenues right from day one. It is a proven business model and is safe for not only serial entrepreneurs, but new ones who want to invest in a more secured manner. The additional factor of education industry being practically free from economic slowdowns has made pre-school franchising a profitable trend today.
WHY A GS FRANCHISE?
The decision to extend a proposal for franchising came naturally to GS, given the escalating positive responses of the children and their families. Our intelligent revenue management has led to GS becoming a great financial, not to forget, entrepreneurial decision for our investors. We extend our hands to partner with you.
Brand Value and Credibility
While GS as a brand came into operation last year, our infrastructure and education methodology is more inclusively satisfying for the parents, as compared to many other pre-schools in Delhi today. A pre-school’s credibility is dependent on the parent’s testaments and we’re proud to declare that the families have been more than satisfied and infact, willing to participate, in the school’s development.
Excellent Marketing Initiatives
GS, since the time of its inception, has never compromised with its Marketing initiatives. This, because we realise, that brand building is long term and never ending process. Apart from constantly updating the methodology of teaching, the promotional acivities also need to be versatile and ever-progressing. As an investor and partner, you shall be free from the worries of brand building exercises, except when you need to take initiatives for your Franchise area.
A Practical and Hands-on Curriculum and Best Teaching Practices
You, as a partner, will be teaching children at your pre-school franchise, the way you would want for your own child. The teaching methods are unique to each child, depending on his/her distinctive interests, speed of learning and other needs. This ensures that a gifted talent never goes waste. GS has a much better probability of producing children who can think for themselves and get independent early-on, making you a proud administrator of the school.
Continued Assistance by Us
We work on the model ‘Franchise-Owned-Company-Operated’ (FOCO). As a parent Company, GS, shall think of you as a noble partner, who has the similar ideals and objectives in delivering education. Therefore, right from assisting in finding a suitable site for the franchise, infrastructural assembling to continuous updates on educational developments, teacher recruitment and training, the partners shall be assured a smooth path with an ever-present mentoring.
At GS , we have different Investment models starting from Rs.5L in Villages going to Rs. 50 L for Metro cities. Primary investment would largely depend upon the locality of the Franchise Partner’s property.
I am considering beginning at a low cost initially. Is my wish to expand slowly based on the response possible?
GS is incredibly serious about the ‘quality of education’ it provides. And therefore, if the Franchise Partner isn’t enthusiastic about the initial investment, there would be an obvious deficiency in what we claim and what we deliver. Hence, we strictly do not encourage this thought process. But yes, we inculcate the thoughts of systematic investment and prudent scaling up, which can be discussed over the table.
When do I have to pay the Franchise fee?
Franchise fees shall be payable at the time of signing the agreement as per the agreement.
Should I be aware of any other hidden costs :
Yes , you should be aware of all the hidden costs. But there are none at all. We like to remain transparent and fair in our procedures.
Is the royalty payable on revenues or on net income? What is the frequency of payments?
The royalty has to be borne on revenue, which shall be further settled through an escrow account. The terms of the agreement signed should be additionally considered for the ‘periodicity of payment,’ that the Franchise Partner is liable for.
Are there any conditions I need to comply with for building/renovation of the school?
We do have our standards the franchise owner would need to comply with, in order to fulfill BEST SERVICE DELIVERY STANDARDS. We shall be recommending definite guidelines for the interiors & INFRASTRUCTURE of the Franchise property. However, the Franchise Partners are free to source the materials from a seller of their choice, but meeting the requirements & specifications.
How much will it cost per month to run such a school?
The cost to be incurred monthly by the Franchise owner shall again depend upon the initially discussed factors – the location of the property, , the number of expected students the school is aiming at, and the kind of services the company and the Franchise Partner is considering to offer. But our MODEL is designed such that we reach at Break EVen within the first 4 months.
Do I need to be in possession of a property or can I go ahead with a leased/rented property?
It is absolutely fine if the Franchise Partner is looking forward to operate the GS Franchise on a leased property, if the terms of lease fall within a considerable future duration. The GS administration shall, in any case, evaluate the rental value of your property and the cost of capital on infrastructural development, for its personal assurance and understanding.
What is the minimum area needed to start a GS pre-school? Does the space have to be Residential, Agricultural, Institutional or Commercial?
A minimum space of 4000 sq. ft. is required and can go up to 15,000 sq. ft. The property should be permitted by local laws to be able to run a preschool facility.
Would I be following any guidelines for a new construction?
In case of a new construction for the purpose of a GS Franchise, the Franchise Partner shall be following the specifications of our architect & the local authorities.
What is an ideal location for a GS Pre-school? Is there any decisive factor for sanction of a site?
This has to be judged subjectively, after knowing the exact location the Franchise Partner proposes. Kindly contact us with the details for clarity of response.
Would you help in finding out a suitable place to start the school?
Sure we will. We consider our Franchise Partners as our partners, who aspire to grow with us. Post the signing of a formal agreement, we will be helping you with the site selection activities.
What is the duration for which the Franchise agreement is valid?
Minimum validity for the agreement is 5 years, which can be renewed later.
How long does it take for the pre-school to start its operations after signing the agreement?
It should precisely be taking 2 to 6 months for the complete development of the Franchise site, in such a way that it is adequately prepared to start with the operations.
PERSONAL to be CHANGED TO ( QUALIFICATIONS )
What qualification do I need to start your Franchise?
Besides GRADUATION as the Minimum Qualification, The Franchise owner needs to be passionate towards a collective vision of making fruitful changes to the children’s future. A belief in oneself and in the brand of GS is essential.
Is it possible to turn the existing pre-school I own into GS?
It is surely possible, but the property would need to meet the company’s standards. A detailed vetting is possible post meeting the team.
Do I necessarily need to be personally involved in the GS Franchise?
YES, Definitely, any business would require complete involvement in the business, it can’t be a side business to start with but yes later on the system is such that you get time to expand and grow further.
What is the curriculum and methodology at GS?
At GS, we have our own Methodology called APL ( Active Participatory Learning ) which is the combination of Best Practices from IB, Montessori & Play way methodology.
APL emphasises on learning as a gradual process that cannot be accessed by the child’s age. Learning, as we believe too, should be determined by the individual speed of a child’s learning. Hence, the next skill is only taught once the previous skill is satisfactorily acquired.
We respect each child’s individual preferences and provide a nurturing environment to teach social interaction and emotional skills based on self-directed activities, hands on learning and collaborative play.
Do I need a specific educational license?
You do not necessarily need any licenses. The school has to be registered with the local authority, If there is any need the same, it shall be promptly communicated and asked for.
Will I, as a partner, be assisted by the company for recruitment of the faculty and their training?
Yes, Complete structured trainings shall be provided starting from concept to commissioning covering all the aspects of the School Management & Operations including Academics.
Does your company decide the fee to be asked from the parents for each program, or is it my decision?
We will collectively be deciding the fee depending upon the area, facility and services.
Do you assist in Marketing?
Yes, at times we would be guiding the Franchise Partners about the kind of marketing activities they should be undertaking in their area. To let you know further, GS is engaged in brand building activities from time to time. While the company will be doing the necessary marketing for its brand name, the local area-specific promotional activities need to be taken care of by the Franchise owners.
Is it obligatory to source the equipment from the company for setting up the school?
The Franchise Partner can source the necessary equipment from his/her choice of seller, strictly following the standards as envisaged.
How many students could I be expecting at my Franchise?
We abstain from providing projections of the number of students expected, since it largely depends on the location of the proposed Franchise, competition existing in the area and many other macro and micro factors. But the Site is finalised only considering all the factors including the CATCHMENT for the number of students in the desired age group.
START YOUR OWN BUSINESS
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