The Business of Schooling
Education is a necessity for any country as there is a surge of young population. It is important to understand and accept that we are in the era of technology and the demand for an upgraded system is necessary. The integration of Business and Tech is an essential one as, with the changing times, it is necessary to dictate the evolution of one’s business model and blend with the current business ecosystem.
Indian Industry Facts:
Research shows that the Indian education market, in terms of revenue, stood at $97.8 billion in 2016. FDI in education sector in India: $1.4 billion (April 2000-Dec 2016). India has one of the world's largest higher education systems with enrollments of 33.3 million students in colleges, institutions, across 50,000+ higher education institutes and 750+ universities.
in Indian School Education is the increase of private sector participation with an estimated 3 lakh private schools with 40% of the total student enrolment. Private enrolment in elementary schools is approximately 35% and over 50% at the secondary level. Studies show that upward of 75% of children in cities are attending private schools and interestingly, this trend holds true in rural India as well. Annual Status of Education Report (ASER) shows that enrolment in private schools at the elementary in rural India has increased from 19% to 29%.
Why the Education Sector:
Starting any business is a daunting task. Every entrepreneur wants to have a business that gives guaranteed returns. Education is one such industry, only because there is a high demand for quality education and the number of good schools is limited.
Years back, schools were run only by the government or we had convent schools where fees were minimal. There were very few single property private schools. As a few policies changed over the years the scenario has changed too. Today there are various private schools that have taken the franchise route; they offer varied options to parent’s right from different boards to fee points to facilities to a holistic curriculum. Parents now prefer to send their children to private schools as these schools use the latest technology and have worked at upgrading the syllabus and teaching methodologies.
Investing in education is the rewarding in every sense. As stated above Education is a Cruz of any economy so you are taking part in building the nation, you have the opportunity to leave a legacy behind, and you have the opportunity to groom the future of tomorrow. Education is one of the most rewarding businesses in every way an entrepreneur can invest in.
Education franchises provide important services that nurture a child's development. From pre-school business opportunities to a test preparation business, education franchises truly are a rewarding career move for anyone who has ever wanted to be their own boss.
Benefits of Franchising:
- The brand is already known in the market and has its one Brand Equity
- The school as a ready model and it only needs to be replicated
- The curriculum is ready and easily deployable.
- Complete support is given by the franchiser
Kangaroo Kids Education Ltd started with 1 preschool 25 years back with the vision to change the methodology of teaching. Today we stand tall with 90 preschools and 26 K12 schools in India, Qatar, Maldives and Dubai. We develop our own curriculum, a team of curriculum designers regularly work towards teaching children in the best way possible using Neuroscience. We are expanding our network at a fast pace. Along with expanding in India and the neighbouring countries the Middle East and ASEAN countries are great markets to look at, for expansion purposes.