4 Key Factors To Consider While Choosing A Preschool Franchise

• 

With a rapidly growing population and developing minds, an increasing demand for actively working and excellent playschools exists because investing in a business that involves the education sector benefits everyone. If you have decided to set up a preschool, congratulations are in order! This is one area where a passionate edupreneur can make a lot of difference in young lives. Every parent wishes to enroll their children in the top playschool for enhanced initial stage development. In order, however, that you can do justice to your passion as well as earn profits, it is imperative that you go with the right preschool partner. There are several key areas to consider when making your choice. Let us look at some of them.

Brand Equity

Firstly, it is essential to undertake the necessary research to figure out what kind of equity the preschool brand has. The preschool market is overcrowded, and choosing the right preschool will go a long way in giving you a head start. Among the various factors to consider include:

• The brand recall
• Perception of parents
• Background of founders and their approach to education
• Experience of other franchisees

Brands that are perceived as offering real value to learners will give you the advantage you need as you set out on your journey.

• 

Curriculum

Another significant aspect to consider is whether the curriculum followed by the school is scientifically developed. With increased exposure, parents are not just looking at a school that helps the child’s academic development; they are interested in their all-round growth. Scientifically developed curriculums, such as the HighScope curriculum, are known to ensure that children are better prepared for school while also ensuring that they go on to find stable employment, create a stable home environment, and more. Essentially, the role of the preschool curriculum in ensuring that students grow up to be well-adjusted citizens cannot be overstated.

Some of the content areas to look at in the curriculum include:

• Social & emotional development
• Physical development & health
• Language & communication
• Mathematics
• Creative Arts
• Science & Technology
• Social Studies

The curriculum also needs to focus on ensuring that children become independent and confident problem-solvers and decision makers. It also ensures that children have self-regulation skills that last them throughout adulthood.

Ensuring the preschool you attend has a worthy curriculum is half the battle won. You can rest assured that children will benefit from the well-researched curriculum, and parents will see its value.

Mentorship & Support

Let us face it: setting up a preschool business on your own can be an overwhelming process. You must go to a preschool that offers you the right mentorship and support. Be it training your staff, offering marketing support, ensuring technical expertise, or more. Well-established preschools will also offer well-documented operation guidelines and best practices to ensure your operations run seamlessly.

In addition, professional, well-established preschools offer a minimum admission guarantee and a buyback guarantee that makes your venture risk-free. It will be worthwhile to investigate how other franchisees are faring and what success rates the brand enjoys. This will give you the necessary confidence that what is being promised to you will indeed be delivered.

• 

Cost Effectiveness

Last but not least, you need to go through the commercials carefully. While well-established preschools will charge you a franchisee fee, the overall return on investment must be robust. This is on account of various factors:

• First, when you go with a well-established preschool, you do not need to spend money on aspects such as curriculum development, brand building, and more.
• Not only do they help you garner admissions, but the business plan also incorporates a minimum guaranteed admission.
• With an established name, you also tend to reap the advantage of economies of scale, leading to cost savings.
• The preschool should also help you explore other revenue streams such as daycare, summer camps, after-school programs, and more that will add multiple revenue streams to your business plan.

To Sum Up

Choosing the right partner will ensure that your preschool delivers on the critical parameter of making a difference in young lives while building a positive reputation for you, allowing you to scale operations. At Footprints, a chain of preschools that has emerged as a preferred parenting partner, we are looking for passionate individuals who can help us ensure the holistic development of children. Set up by IIT-IIM alumni, our chain of preschools benefits from our dedicated team, well-crafted curriculum, and safe, nurturing environment.

If you are looking for preschool franchise opportunities, feel free to contact us. We will be happy to answer your questions and guide you through the journey.

Go ahead and live your entrepreneurial dream as you partner with an established name in the early education domain.

Here’s to creating learners for life!