Sunday, May 15, 2011

School Franchise India, Growth, Prospects ? Shemford - Business Empire

When we refer to franchise we mean business format franchise. Business format franchise is the model as per which the business model is shared by the franchisor with the franchisee. The latter is liable to some rights, ownership and operational rights, which ensure that the franchisee functions independently and as agreed by the franchisor and franchisee.

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The growth of school chains have been doing successful business and growing slowly and gradually. The growth of some of them has been majorly due to an established franchise model.

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There is crucial evidence in support of the argument and that is the growing demand. Private ownership and commercial enterprises have not been allowed to take advantage of the opportunities by the Indian government. The government has been apprehensive at it believes that commercial motives will create greater disparity among the children receiving the education. But it has been unsuccessful of handling the issue due to overabundant demand and lack of resources and infrastructure.

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The situation has compelled the government to provide for some flexibility. In the time to come there would be more interventions from the private enterprises and undertakings. Many institutions have already intensified their efforts.

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Since some schools have already made their presence in the country, therefore franchising and multiplying the units has become quite desirable. This is the story behind the growth of the popular school chains and the significance school franchise in India has been accumulating over years.


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Source: http://franchising.businessempire.biz/2011/05/14/school-franchise-india-growth-prospects-shemford/

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