Comparison of Education Franchise options
CComparison between a Tutorial, a Skill Development Course and a Preschool Franchisee option
Sl. No. | Details | Skill Development Courses | Play-Homes & Pre-Schools | Tutorials |
---|---|---|---|---|
1 | Total Investment | Rs. 1 Lakh to Rs. 5 Lakhs [Area / Master franchise options available here ranging from Rs. 3 L to Rs. 30 L] |
Rs. 10 Lakhs to Rs. 40 Lakhs | Rs. 10 Lakhs to Rs. 25 Lakhs |
2 | Age bracket of Children | 3.5 yr to 16 yrs. | 1.5yrs to 6 yrs | 6 yrs to 16 yrs. |
3 | ROI | Very High ROI. Recover in 1st year. Low Inv- Very High returns | Recover in 2-3 years. High Investment-Average returns. Low ROI (Due to very high supply v/s demand or competition) | Recover in 2-3 years. High Investment-Decent returns. Moderate ROI |
4 | Time and effort Commitment | Flexible. Around 2 days per week (or just 4 weekends per month) usually. | Throughout the Week. Min 5 days a week. | Throughout the week. May need to run weekend classes too. |
5 | Space required | Can be managed at Home or by renting existing Play homes (300 sq.ft). No fixed rentals outflow needed. | Prominent area with visibility required (1500 to 4000 sq.ft). Higher rentals with Fixed monthly outflow. | Need to invest in Bigger space to have more class rooms at the same time (1500 to 10000 sq.ft). Higher rentals. |
6 | Fixed Outflow | Nominal – no fixed staff or big space needed. Outflow proportional to business possible. | High rentals + salaries to Teachers, Cleaners, Security etc. | High rentals + salaries to Teachers, Cleaners, Security etc. |
7 | Competition | Lesser Competition | Lots of Competition who want to start up in the same Area. Crowded. Many schools have started in-house playschools | Individual local tutors and online tutors also compete. |
8 | Staff Required | 1 Teacher can start (Franchise owner themselves can teach too) | Minimum 2-3 teachers + other support staff irrespective of Admissions | Need very well trained Teachers + other support staff irrespective of admissions |
9 | Admissions Time | Any month throughout the year. | Normally twice a year April and October only | Normally twice a year Apr and Oct only |
10 | Rentals | Can be made proportional to business revenue | Fixed Rent usually | Fixed Rent usually |
11 | Area/ State/ Country Competitions | Usually conducted once in 6 months time | Individual Center programs and activities only. | Usually not feasible, other than internal center activities. |
12 | Scope | Helps children in Cognitive development, Memory improvement, Fine Motor skills, Concentration, Speed, Patience etc. | Some concepts helps children develop certain skills, but that is not the primary focused objective | School Curriculum is covered in these Tutorials. No scope to develop additional skills |
PS: Anytime, you want to reach us directly, you can call us on: +91 9845862812. Alternately, You could even fill a Franchise Application Form Online itself, so that we can reach you in the next 2-3 working days & help you start your own business.