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FRANCHISE BUSINESS CONCEPT
What is franchising?
Franchising offers an excellent opportunity for you to be in business for yourself. When you hear the word “Franchising" you probably think of fast food restaurants such as Burger King, McDonald's, Pizza Hut etc. But the truth is Franchising is so much wider than that.
There are Franchises available in almost every business area that you can think of in all price ranges. In addition, because franchising has such a low failure rate your chances of success are extremely good.
Compared to starting your own business from scratch, franchising can provide a relatively safer route into self-employment. The franchisor has done it all many times before and can therefore help you to eliminate all the mistakes you most probably would make if you tried to do it all by yourself.
Franchising can offer a successful business concept, proven marketing and operational methods, ongoing support and an established identity.
A successful franchise relationship is like a partnership. It combines your talents with the experience and knowledge of the franchisor. With franchising, you are in business for yourself not by yourself.
Franchisors not only have sound training programs, but also knowledge of financial requirements, marketing and competition - knowledge that might take you years to collect on your own.
How does the franchising concept work?
FRANCHISING is a rapidly growing business concept of starting a new business with relatively no prior experience of the Industry. You need not be experienced. Instead of working on hit and miss method, you can adopt a proven and well researched concept with all expertise and know how to kick-start a new business. The advantage lies in seeking the following support from the Franchisor who shares his vast experience to establish your business. He offers you an excellent support service to set-up, launch and operate a successful preschool with ongoing assistance.
1. Proven and successful business modules: EuroKids offers you a proven and successful business module in the / Pre School education segment. You get a successful Business format based on market survey, research and viability study. You can instantly adopt a proven and result oriented business format.
2. Rich experience and expertise: The proven franchise module provides you with all expertise and know-how to build and operate a successful preschool project.
3. Strength of brand name: A well known and recognized name in the education segment which has stood the time to deliver the best to children, parents and society as a whole.
4. Extensive training and equipment support: As a business partner you get comprehensive curriculum training and get assistance to procure child friendly and age appropriate toys and equipments. You get an excellent training package, operations manuals and other training materials and support.
5. Support services: As a business partner you get all logistic support to set-up, launch, operate and manage your project. Strong market support is available to assist franchisees to penetrate, build, and dominate their local markets.
6. Kick -start your business: You can instantly kick start your business without previous experience. You bring in the property (for preschool purpose) and the required capital. The rest of the support to set-up, launch and operate the preschool is provided to you.
FRANCHISE SUPPORT:
1. Assistance of survey, study and site selection
2. Supply of teaching aids, toys and equipments
3. Assistance of Interiors and layout
4. Assistance to recruit and train staff
5. Parents orientation program (POP)
6. Extensive franchise, curriculum and teacher training
7. Structured curriculum and ongoing support
8. Marketing support
9. Ongoing operational support
10. Standard operating manual
11. Research and development
Franchise Support services:
1. Ongoing logistic support to operate and conduct the school,
2. Enhance your earnings thru programs - summer club, After school programs,
3. Hone your skills thru specially designed motivational workshop,
4. Customer satisfaction and retention programs.
FINANCIAL TERMS AND CONDITIONS:
The EuroKids franchise is offered for an initial period of 3 years with an option to renew with mutual consent. To start a EuroKids franchise Pre-School, you need an approximate amount of Rs. 5 to 8 lakhs as follows depending upon model (A, B, C or D) and towns/cities.