How to Select a Preschool Franchise
One of the most challenging and time-consuming decisions on the path to becoming a preschool franchise owner, is selecting whom you will partner with to create an effective preschool franchise. The organisation / team / individuals whom you partner with can make or break your plans to launch a great preschool. You would want to ideally be associated with them over a period of few years, so the choice you make will impact not only your finances, but also your confidence in doing business and your reputation.
Characteristics of a good preschool franchise
Here are some factors that set a great International School Franchise apart. These will help you narrow down on the best preschool franchise to team up with for your preschool ownership journey:
Shared values and vision
Make sure that you ask many questions and try to understand what the franchisors really stand for and believe in. Are they ethical, strategic, and service oriented? Do their values mesh well with your own? Having shared values will be the first step towards building a successful franchise with your franchisor. On the other hand, disagreement in core values could lead to tensions and discontentment among both parties down the line.
Good rapport with the franchising team
It goes without saying that it is important to have a good relationship with your points of contact and the rest of the franchising team, to be able to create a franchise that can sustain. Great things are built out of strong teamwork and good communication.
Geographic reach of franchisor
Try to narrow down the geographic location at which you will be interested in starting a franchise. Make sure that the franchisor has the capability of mobilising resources at the location where you are comfortable with starting your preschool.
Good understanding of market needs
A good franchisor will be able to help you understand the market needs / competitors in your preferred location and help you figure out how to best to serve the needs of the target population or guide you to refocus your energy on a more suitable market.
Experience of franchising team
The franchise team must have sufficient expertise in the domains of franchising, early years education, curriculum design, entrepreneurship, training, and marketing, like we have here at Trio Educational Services.
Curriculum offered by franchise
While there are well-respected and established approaches to teaching preschools, explore the methodologies used by the preschool to teach early learners. At TRIO Tots, we incorporate Montessori, Play Way, Reggio Emilia from Italy, Kindergarten approaches and Multiple Intelligences by Howard Gardner.
Brand name and reputation of the franchisor
The quality, familiarity and trust placed in a brand name carries significant weight while choosing a franchise. Ensure that you choose a reputed brand that has built up their goodwill over the years and is held in high esteem by parents.
Level of involvement of franchisor in the process
A good franchisor will help you through the entire process of setting up a franchise, right from the preliminary exploration of a simple idea about setting up a preschool, up to running and sustaining your business in the longer run.
Availability of support from franchise team
The franchisor must be easily accessible to you and approachable in case you have any questions to ask or issues to resolve. They must have a reasonable turnaround time for your queries and be willing to support your franchise centre in the event of a larger crisis.
Availability of training
A good preschool franchisor will be able to provide adequate training to the core and administrative staff at the franchise centre. TES provides initial and ongoing training at our franchise centres to ensure that quality of education and work culture is maintained.
Solid marketing and business development support
A good franchisor will help you chart out policies and steps to implement a robust marketing and business development plan.
If you are interested in starting up your own preschool, call our franchise manager at 88844 70022 or mail us at franchise@trioschools.com.
Comments
Post a Comment