Everyone loves Safe and Guaranteed Returns – Right? That’s the reason we have most investments getting into Govt. securities, bonds, FDs etc. and that is also the reason why 95% of us feel comfortable and cozy in our safe jobs. It is a little different mindset that you need to get into to kick-start your own business, because the moment you think of any business, comes an associated risk – a risk that you may not recover back your investment into the business itself, hence this becomes a dreaded path for many. Franchising as a business model reduces your risk because it provides you with a success formula to run a specific business, however, it does not eliminate your risk. So what are we talking here of a business with guaranteed returns? Can something like this be true? Something that gives a business return on the positive side while almost eliminates the associated risk on the flip side? Well, Yes… Welcome to the redefined franchise business model of “Kids Concepts”.  Read further to learn, how this could be possible:

• Our innovative business model reduces or helps you to avoid paying for the infrastructure, deposit and other setup costs, thereby reducing more than 60% to 70% of your otherwise high upfront costs.
• As a woman you also get a very huge discount on the franchisee license fees for all the courses collectively as an Opportunity Club from Kids Concepts, helping you with a savings of more than 35% to 40% or more.
• Eventually you end up with such a nominal start-up cost which is as good as earned back, even before starting up. This nominal investment invariably gets recovered with a minimal desired effort. So even though we give you the fun of running your own business, we have tried to cover you in terms of high upfront investment risk. A balanced and calculated risk is what you can call our franchise business opportunity.

Add to this our one of its kind, free business development training program for all the franchisees has helped many first-timer business women to understand the nuances of marketing, operating, running, promoting and succeeding in a business model as this. Our refresher courses and mailers helps everyone keep updated as well as hand-holded on a regular basis, making sure the motivation is always on to achieve every success that has been desired, deserved and dreamt of. If you want to explore this ‘one of its kind’, redefined franchise business model from Kids Concepts and benefit from the almost guaranteed returns it provides, you can leave your details in the form here and ask for more info. Our franchising experts will be glad to help you understand this system in more details and help you setup your own franchisee business in your locality.

Over the last 2000+ years, history has been unkind to women and it is observed that women have been suppressed in almost every culture. Not only men, but even women thought that assertions like they were passive, emotional and less intelligent etc. were kind of undeniable truth. It appeared that men working outside and women at home created a stable society conceptually. Unfortunately ignorance made them suffer so much and today when we look back, even men feel sorry for the suffering women had to go through.

Although the last century has brought in radical changes in this domain, it was only after gaining education that the true empowerment of women really began and their horizons really widened. Today, however, women are understood better, are more articulate, fight for their rights and have come a long way in proving to be, not just equal but even better than men in many fields. Surveys have proven that they survive longer and handle stress better and can multi-task different responsibilities efficiently.

A country can truly develop only when its women are given enough opportunities to improve their socio-economic status. Today the need of the hour is to make women feel that she is economically strong and equal to men in all respects, hence making entrepreneurship, the best means of empowerment of women. Entrepreneurship not only alleviates poverty but also generates more jobs in the economy.

A recent study conducted in March 2012 stated that women account for only 7.7% of entrepreneurs in India. The study also revealed that more women in the age group of 25-45 yrs are contemplating entrepreneurship, with the support of their spouse or parents but over 84% of them reported that finance was a major problem to start-up. The Government does take initiatives by giving subsidies or easy loans to women, but the same would not be sufficient and the private sector also needs to look into the same and play its role.

We at ‘Kids Concepts’ observe that given the right impetus with necessary financial support, lots of true and genuinely deserving women can join this entrepreneurial bandwagon. In order to initiate & support such a thought, we at Kids Concepts have decided to give this fair chance to Women who are interested to take up the franchise opportunity with us. Apart from our unique ways to reduce upfront infrastructure costs and savings on other aspects, we also help women entrepreneurs with a huge discount in the franchise fee as well, for all our courses put together as an opportunity club. Fill the enquiry form now and receive more details on how you too can become an entrepreneur soon.

We do not know how significant this contribution from Kids Concepts would be, to help support the cause of Women Entrepreneurship, but we surely realize that, even if few really deserving women, benefit from this opportunity, we would have done our bit to this society, to this nation and to the wonderful women folk. It is now left to all of us, to do our bit, by sharing this information about one of the best businesses for women, to as many deserving women as possible.

Do you realize that there is a huge difference between a Franchise and a Traditional Business?

When you decide to start a business of your own, it could be a tough task to choose from the different categories, types and business models available in front of you. Broadly you may either want to start something completely of your own which we can call as a traditional business model or alternately choose to buy a franchisee business option from an existing franchisor. Both these options have their own pros and cons.

Learning about these different business models is of utmost importance before you ring the bell and take that plunge. A traditional business may give you the complete right of ownership over your business and help you to get that emotional feed of satisfaction, however, along with the emotional satisfaction, it is the profits and business success that one needs to also see to sustain her or his business in the long term.

In line with these thoughts we tried to analyze as to how a franchisee model scores over a traditional business and the benefits that the franchising model offers you as a franchisee.

The below table explains the difference between a franchise business model versus a traditional business

According to a report by KPMG India, the Indian franchising industry which was worth at $13.4 billion in 2012, is expected to grow 4 times or quadruple in the next 5 years. Another data on Franchise India estimates the Indian franchising industry at $22 billion and growing at 30% or more annually.

With the pros and cons, industry growth and business potential for each of the business models, you should be able to choose the option that suits you based on your mindset, your goals and expectations and the one that would be comfortable for you to handle or manage.

In fact, before you even take the next step or choose between these models, take a paper and pencil & jot down a list of all the reasons, as to why are you wanting to get into a business in the first place. This will clarify the objectives & help you in the decision making process further.

Watch out for more articles to help you learn and unravel the mystery called business.

Did this post help you gain more information and help you in the process of decision making?
Did it give you good insights for your next level decisions?
Do you have experiences that either match the points mentioned above or even the contrary?
Whatever be it, we would appreciate if you do share your experiences, ideas and thoughts in the comment box below. It may help the future readers of this blog with additional inputs ????

All the Best in deciding your business model

Do you want to Choose the Right Franchisee & the Right Franchisor?

All of us are aware that the franchising industry is growing at a phenomenal pace, providing a dream success to many business owners, even if they are first timers.

However, like any other business, you should not discount the focus and consistent efforts needed to get successful. The benefits of franchising are plenty over a traditional business, but you need to also do a thorough research before jumping the bandwagon on just peer info or basic screening.

As many on our mailer list would know already, many franchisors do not share the complete landing price to set-up a franchisee center. Hence, it is advisable to discuss in details with your franchisor, the total cost of business set-up initially itself, before freezing your decision. Apart from the franchisee fees, do get a tentative idea on the infrastructure & interior costs involved, the initial stocks needed, the initial promotion budget, hiring and recruitment cost if any and any other kind of hidden expenses that you may have to make provision for within the 1st year. This would give you an idea of your total outflow for the 1st year, which would help you in turn to plan the ROI more effectively and realistically.

With the above clarity now, you can choose the right franchisee for yourself, based on the below points:

1. What are your interests?

2. What options from your interests, match the high-growth or recession free industry?

3. Do you prefer developing multiple centers going ahead?

4. What is the ease of starting-up in terms of setting-up, training, restrictions etc?

5. Does the cost of complete set-up match up with your budgetary planning (remember to budget 25% more for contingency and unplanned expenses)?

6. What days of the week or hours of the day do you want to work? Is the same flexible?

7. What support is provided by the franchisor?

Considering the above aspects while researching upon the right franchisee for you, can help you choose a more ideal, safe and worthy business option, which would be more appropriate as per your needs and interests.

Hope this post helps in enriching you with necessary inputs to choose an ideal franchisee.

If you like the same, do comment your thoughts below and help share the same on social media and other means to help more of your friends and family benefit from this article.

If you want to receive more such information on franchising tips, guidance, approach and the inputs to be a successful franchisee, you can get on our mailing list by simply filling the Franchise enquiry form on the right side. We share a lot of meaningful and helpful tips to our subscribers & don’t worry, we hate spam too ????

Happy Franchising!!

Some sectors within Franchising are Recession Free and High Growth sectors. Read below to know more…

When you have decided to take up franchising as a business option for yourself, it is important for you to learn the best possible options. Apart from the various factors to choose from, that you learnt in our mailers and other posts on this blog, you may benefit by understanding about different industries within franchising that are outdoing others.

If franchising as an industry is growing at 30% year on year in India, below are the industries that are spearheading that growth:

1. Education concepts expected to grow at 30% to 40%

2. Fashion and Lifestyle expected to grow at 27% to 30%

3. Food and Beverage industry expected to grow at around 45%

4. Healthcare and wellness is expected to grow at 25% to 35%

We can broadly mention the range of investments required to set-up a decent franchisee center, for each of the above categories, although specific variations may still exist outside this range.

Education concepts sector: Rs.1 Lakh to Rs. 50 Lakhs (Rs.5 million) [not accounted k-10 school franchise]

Fashion & Lifestyle sector: Rs. 20 Lakhs to Rs. 1 Crore+ (Rs.10 million)

Food & Beverages sector: Rs.10 Lakhs to Rs. 5 Crores+ (Rs.50 million)

Healthcare & Wellness sector: Rs. 30 Lakhs to Rs. 5 Crores+ (Rs. 50 million)

Studies show that the return on investment (ROI) is fastest and highest in the Education sector as the upfront investment needed is relatively low and there can be savings even in the infrastructure and real-estate costs as compared to the other 3 sectors requiring prime properties.

It is more beneficial for a first-timer getting into business to start within the education sector rather than the other options which may not only demand a long-term patience and persistence to see returns, but also may require good expertise & understanding along with passion to successfully run them. Individual preferences do vary and our post on how to choose a franchisee may help you understand the same better.

The above research inputs and insights should help you if are analyzing and planning to take up some franchisee business option.

Was this post helpful? Share your views, experience if any, suggestions or thoughts. If you found this helpful, do share this post to help more people benefit from the same.

U should not associate (or do we say – U cannot associate) with Kids Concepts if…

1. You don’t believe in long term returns
2. You don’t believe in smart work.
3. You do not have a genuine passion to contribute to the society (by way of education here)
4. You don’t want to take decent efforts
5. You think this is some get rich quick scheme (entrepreneurship demands steady, long term passion).
6. You don’t have patience and are not persistent
7. You cannot spare even 4 weekends every month for this business.
8. You cannot / don’t believe in regular & consistent promotions and references
9. You don’t like children & helping them become smarter & better citizens
10. You don’t realize that this is a worthy, powerful & lucrative business and could give equivalent returns of a job with 10+ yrs of exp*

… Yes, please do not apply or associate with Kids Concepts (KC), if you are the one who believes in any one or more of the above… For the rest, who think otherwise – U can email us and ask for more info.

* Returns can vary from person to person based on various factors. Ask to find how the above mentioned returns could become a possibility.