Profitable Education Business Ideas to Start in India in 2023

 The Indian education system is one of the best in the world. This sector accounts for more than 115 Billion US Dollars and is assessed to grow to 225 billion USD by 2025. The industry is enormous and you have ample business opportunities to explore in this field.

The education sector provides one of the highest job opportunities to people consisting of teaching, non-teaching, and support staff. Around 3 crore people are employed in this field.

The education industry is at its peak and Covid-19 has also been a boon to this sector by providing digital schooling to students. Investing in the education business is profitable in the long run because it has no adverse impact due to a pandemic or market fluctuations with no decrease in demand.

Demand for the education industry is growing rapidly. What are the best education business ideas in India in 2023?

Below is the list of the 5 best education business propositions in India for a favourable future.

●    Online teaching- Tutoring is one of the most profitable jobs in the field of education. You need to be an expert in the particular subject so that your clients trust you enough to mentor the children. The fees charged are also decided by you.

●    Computer Training- In today’s technology-led world, everyone wants to be well-versed in computers. A person wants to have a basic knowledge of computers because even the banking and billing process has turned computerized.

Computer coachings are in high demand recently and you need to have a space to start this business which is added to the investment. You should remember that it is a profitable business in the long run.

●    Play school franchises- Preschools have recently seen a great surge in their demands. Parents are sending their kids to school at an early age to have holistic development from the beginning. Investing in a reputed play school franchise is a business idea with great returns in the long run.

●    Thesis making-  If you are proficient in academic writing, you can help students with their thesis. Most of the students find it monotonous and tiring, ready to pay to get it completed within a given time. You can also open a thesis-making service store which is profitable in the long run and you earn a satisfactory income.

●    Educational app- You can create an educational app like e-dictionary, language learning, or video learning education if you are a programmer. This has become one of the necessities and educational apps are high in demand. Byjus is one of the best educational apps which provides help to school students as well as prepare students for competitive exams like NEET, CAT, IIT-JEE and IAS.

 See more: Top 10 education franchise in India

 

What are the best education franchises in India?

5 best education franchises in India are:

●    IBT Institute Pvt Ltd- It is a premier coaching which prepares students for competitive exams. This has more than 100 institutes across India.

Initial investment: INR 2-5 lakhs

Area required: 800 to 1,500 sq. ft.

●    Twin Win Academy- It is a training establishment that coaches students on life management, personality development, career counselling, innovation, interview skills, and confidence skills.

Initial investment: INR 2-5 lakhs

Area required: 300 to 1,000 sq. ft.

●    Vedant International School- It is a school to provide good education to students with the latest technology.

Initial investment: INR 2-5 lakhs

Area required: 1,000 to 1,500 sq. ft.

●    Prerna Education Services- They provide quality education to students and take out their best skills to work. They make the students productive with their talents rather than letting them go to waste. They are based on theoretical teaching.

Initial investment: INR 10-20 lakhs

Area required: 1,200 to 1,800 sq. ft.

●    Junior Engineers: They provide more than basic education on maths and science to kids. They use practical and creative methods for the better future of kids with set skills of the 21st century like problem-solving, curiosity, leadership, decision-making and acceptance of failure, and entrepreneurship.

Initial investment: INR 10-15 lakhs

Area required: 750 to 1,000 sq. ft.

 

Significant Factors that have impacted the growth of educational franchises in India.

India has seen a significant surge in demand for educational franchises. Some of the factors for the growth of educational franchises are:

1.  High Success rate- School is a necessity and cannot be cut off even during a recession. Demand for education did not stop even during the pandemic and students opting for online tutoring.

2.  Reputed brand name- By investing in an established education franchise you already have a strong customer base. Parents are ready to send their kids to school due to its credibility.

3.  Franchisor’s support- You receive full assistance from the franchisor to operate your school. They help you in generating a school's curriculum and syllabus that is beneficial for the kids. They also provide training and workshops to faculty members.

4.  High-profit returns- You will receive great profits and less financial risk if you get a licence from a renowned brand. You also don’t need to pay for marketing as the brand is already well-established.

5.  Quality education- The franchisor will ensure that you have qualified teachers who provide the best education to students.

6.  Trained administrative members- They provide training to the administrative members so that the school operations run smoothly and management is up to the mark.

 

According to an article by The Times of India, the education franchise business is particularly attracting businessmen due to the high demand for quality education. According to research, there are around 26 crores students in Indian schools and the figure is estimated to increase to 30 crores by 2030.

It further states that although people think that running a school franchise has limitations, it is not the case. You can easily get loans approved by the banks because the education franchise has its balance sheet and investment requirements prepared already. The franchisee also has the freedom to choose their business partners, if any, along with other decisions for the school.

 

What is the top education franchise in India?

Education franchise is high in demand in India but furthermore, play school requirement is increasing drastically. People are wanting to send their kids to school from an early age for their overall development. Parents feel that children can grasp and learn things quickly till the early age of 6 and their emotional and physical development is finest at that age.

 

One of the finest play schools in India is EuroKids. As per APN news, EuroKids is one of India’s popular preschool franchises and has acquired several awards namely,

●    Asia’s Most trusted Preschool Brand 2023

●    Indo-Global Entrepreneurship Forum 2023

●    Best Preschool Education in Asia

●    Best Franchisor of the Year 2022

●    Bengaluru’s best Preschool of the Year 2022

EuroKids has been recognised for its remarkable educational activities, dedication to children’s education, business awareness and business franchise growth across India.

EuroKids’ motto is ‘Child First, Safety First’ and they guarantee that they provide a comfortable environment for the child to Learn, Play and Grow and inculcate necessary life skills. EuroKids has inaugurated a progressive and knowledgeable curriculum letting go of traditional teaching methods- EUNOIA.

They have also introduced its HomeBuddy app that assists parents so that they can be a part of their child’s learning experience. The app is a gold mine of content that offers additional learning apart from the class work. The app features Yoga kids and Eurofit videos, weekly learning plans, DIY activities, worksheets, audio-visuals, Euromusic videos, Read Along stories, live classes and parents corner.

K V S Seshasai, CEO of the Pre-k division of lighthouse learning expressed his joy at bagging so many awards.

He also thanked the teachers, faculty members, franchise staff and everyone who worked hard to ensure that the learning never stopped for the kids. He further added that their motto ‘Child First’ has helped them to let go of the conventional teaching methods and new creative ideas were brought about to make learning fun.

 

What is an education franchise business model?

An education franchise business model refers to an agreement signed by the franchisor and franchisee. Ambitious franchisees obtain the right function under the brand name of an established franchisor for running a quality school according to their rules and regulations.

Conclusion

An education franchise business is one of the best options to invest in if you want to follow your entrepreneurial dreams. It is better to take up a franchise rather than start your own business as it decreases the risk of losses.

The demand for educational franchises is high because it helps in shaping a better future for children. The combination of evolving market demand for educational franchises with verified business models of the franchise has led to its successful outcome. You also don’t require a certificate in the educational background to buy the franchise, you just need to have leadership and managerial skills to succeed.

In the end, it is very important for you to do market research before buying an education franchise business and know which brand will benefit you in the long run.

A unique Beverage Franchise Opportunity with Shake Shook

The food and beverage industry are undoubtedly the most profitable business sector in India, in the present day. The beverage industry of India has been revolutionized with the coming of several experimental, unique and exclusive brands. If you devise a proper plan after analyzing all the prospects and promises in this field, a beverage franchise can bring you unimaginable profit.

      

While going through the best beverage franchise opportunities in India in 2023, Shake Shook is a brand you can never afford to miss. They are fully chemical-free and eco-friendly. Shake Shook is best known for their product quality and exceptional service. They are a brand that focuses excessively on health and thus offers customers a range of extremely healthy and delicious milkshakes made from high-quality raw ingredients founded by a diligent businessman, Abhishek Tripathy, with its first outlet in Gurdaspur in the year 2015.

 

Why is Shake Shook unique?

 

Shake Shook is unique because the brand serves products that are of top quality. They serve freshly prepared milkshakes and cold coffee varieties. The most important factor is that their milkshakes are completely oil-free. Excellent taste, without a compromise in the quality, makes this brand stand out among other shake parlors around India. The cold drinks they serve contain no added colors or preservatives and are extremely rich in nutrients. In addition to that, they also provide the customers an option to customize their shakes! 

 

Products and services

 

Shake Shook brings to you a delicious range of good quality shakes made from real milk and fruits of the best quality. Their products include classy shakes, fruity shakes, royal shakes, mixed shakes, cake shakes, brownie shakes, and much more. They also offer a premium variety of pie shakes and protein shakes. Apart from the collection of milkshakes, Shake Shook also has different flavors of cold coffee, iced tea, lemonades, ice cream soda, and hot chocolate.

 

Why should you invest in a Shake Shook franchise?

 

The first and foremost reason would be the rapid growth and expansion that is happening in the food and beverage business in India. Shake Shook is one of the best food and beverage franchises in India. The brand is planning a nationwide expansion of its company and thus provides ample opportunities in the field of franchising to interested entrepreneurs. Shake Shook guarantees to provide great business support to its franchisees. The company will assist in maintaining the business and conducting training at its headquarters. They also provide detailed operating manuals to the partners, which makes it a popular drink franchise in India.

 

Franchise details

 

* The Shake Shook franchise cost ranges between 9 lakhs to 10 lakhs rupees.

 

*The franchise fee or brand fee is 3 lakhs rupees.

 

* The area required to open a Shake Shook franchise in India ranges between 200 to 500 sq. ft.

 

* The company is planning to open numerous outlets all over North India.

 

* Currently the number of Shake Shook outlets is around 10.

  

The first step before investing in a business franchise is to analyze the advantages and disadvantages of franchising. FranchiseBazar offers excellent guidance in evaluating your chances of profit. The well-qualified professionals at franchiseBazaar can help you figure out the best food and beverage franchise in India, from the latest franchise opportunities that are available. To know more about the best franchise opportunities in India, 2023, do check out the official website of FranchiseBazaar or contact us: +91 98444 43200. We will get in touch with you and assist you throughout your business journey. 

For more detail about visit us .

Startup Home-Based Business Ideas in India for Women

 

Despite the pandemic, women's franchises have been evolving.  This is a segment which has been constantly adding new services and products.  Nonetheless, women have been entering the workforce and achieving good results in business.

 

Franchise opportunities from designing and selling jewellery to opening a café or small school, women franchisors have tried to tap into every industry.

 

But many Indian women hunt for growing opportunities in home-based businesses, so they can balance their personal life while making an extra income at the same time.  Let’s read this article to find out some of the best 5 Startup Home-Based Business Ideas in India for Women.

 

Home Boutiques

 

Every person today is following the latest trends and designs. Clothing boutiques are thus an evergreen industry. This is a lucrative business for budding women entrepreneurs.  Nonetheless, this segment has large profit margins, and there is an ever-growing demand for make-to-fit dresses.

 

Playschools and Childcare Business

 

A unique business and a valued service offered to working parents and families, this only requires a small set-up, small investment, and a franchise brand.

 

Catering and Food Business

 

People are looking for reliable, healthy, and hygienic home food sources because of the pandemic fear.  So starting with low investment and a few workers, this is a profitable business.  This is the best idea to lunch your own catering and food business if you are passionate about cooking healthy and delicious food.

 

Gardening / Balcony Gardening Services

 

If you are interested in gardening and have a good knowledge of growing and decorating plants, this is an ideal business idea for you.  You can offer a wide variety of gardening services, and balcony decorating services which are widely trending today, gaining you significant profits right away.

 

Zumba and Yoga Centres

 

Today living a healthy lifestyle has become very important and running a Zumba or yoga centre in combination can prove to be a successful business idea gaining you immediate profits.

 

We have already looked at some of the 5 best startup business ideas in India for women, but alongside we will also share some of the top best women franchise businesses in India.  These are segments in which women are also scaling their dreams towards profitability.

 

1.    Hello Kids – India’s fastest-growing chain of pre-schools, has a unique concept where children grow and develop while reading, listening and playing.  Owning this franchise will get you continued support and guidance in every possible manner.

2.    Iceberg Ice Creams – One of the best-tasting brands in India, founded in 2012, has grown considerably in the last few years.  Their belief is quality, variety and accessibility at a higher level.

3.    Choco Wanka – It is India’s first and unique flavoured chocolate café/outlet.  It specializes in custom-made chocolates and flavoured chocolates.  They have a base in Singapore as well.

4.    Leela’s Studio – A design studio which designs and develops products that are handcrafted.  Leela, literally means imagination and their belief is to reach out to the sensitive minds of the craftspeople and take their craft forward.

5.    Trylo Intimates – One of the renowned brands in the lingerie segment in India.  They are identified for their quality products and stand true to the statement, of inner luxury. 

 

The Bottom Line

 

If you are a woman looking to balance your personal life with a little extra income, reach out to our experts, who can guide you on many such aspiring business opportunities in India.  We @FranchiseBazar, cater to all your requirements enabling you to access the top franchise opportunities in India.

 

For more franchises - Register with us or call us at +91 9844443200.

Interested in Starting a Business Overseas? Keep These 6 Things in Mind.

Starting a business in a foreign country may be easier than you think, as long as you keep six things in mind when planning your venture.

 

Taking advantage of market anomalies in distant parts of the world used to entail sailing across oceans, battling storms, and contracting deadly diseases, but these days, starting a business overseas may be much easier, less risky, and more financially sound than starting a business in your home country.

 

In emerging markets, there are numerous Franchise business opportunities for entrepreneurs and small (or large) business owners with skill sets that differ from the local population. The six key elements to consider when starting a business are as follows.

 

1.     Political Climate and Property Rights

 

Some countries around the world have a history of seizing foreigners' property and/or businesses. You should probably avoid visiting those countries. Others have impeccable records, solid property rights, and complete access for foreigners. Finding a jurisdiction with the least amount of political risk is critical. An index of international property rights can be very useful in this regard.

 

2.    Economic Situation

 

Countries with low debt-to-GDP ratios, low or declining unemployment, and strong consumer spending are usually good bets. Positive indicators include a growing middle class, low inflation, and rising incomes. It is certainly possible to establish a profitable business in a country with a stagnant economy, but it may be a difficult task.

 

3.    Your Personal Knowledge of the Industry

 

It is not always necessary to be an expert in the industry you wish to enter, but keep in mind that bringing in managerial help will increase your start-up costs. Working with a reliable local who already has experience and contacts in a particular industry can significantly increase your chances of success. Finding situations where you can contribute skills (rather than just start-up capital) is usually preferable.

 

4.    Market Research

 

You should devote significant time, energy, and capital to analysing local spending habits, as well as how much time, energy, and capital will be devoted to marketing your products or services. Before investing large sums of money, set up a trial run or conduct surveys if possible. Don't overlook how much you'll have to pay employees or the country's work habits.

 

5.    Language Barriers

 

This may not be a problem if your company caters to other foreigners. However, being able to communicate easily with the local population will make launching your venture much easier. If you are not fluent in the language of your target country, try to avoid paying for translation services except for the most critical procedures (such as revising contracts and/or the business constitution, if applicable). In most cases, hiring a translator will significantly increase your costs. Instead, look for a bilingual individual you can hire on a weekly or monthly basis, someone who can help with the language when needed but will also be useful for general business tasks.

 

6.    The Incorporation Process

 

The International Finance Corporation and the World Bank have created a fantastic page that compares the costs, amount of time, and number of procedures involved in forming a business in 183 countries worldwide. The page is intended for businesses with between 10 and 50 employees, but it can be useful for both smaller and larger operations.

 

Some examples:

 

●       In New Zealand, you can start a business in one day with very little paperwork (two days in Australia).

●       In Panama and Chile, establishing a business requires six or seven procedures and can be completed in less than two weeks.

●       The process in Portugal can take as little as five days and involve as few as five procedures, but the country's overall economic prospects are not promising.

●       Setting up a business in Singapore and Hong Kong involves three procedures that can be completed in three days. Opportunities exist, but depending on your type of business, startup costs may be prohibitively expensive.

 

Spending tens of thousands of dollars on a business degree or MBA isn't the only way to prepare for opening and running a business in another country. While studying business can be beneficial, the years you spend in the classroom can also be productive, income-generating years if you choose your market and jurisdiction wisely.

 

Starting your own business overseas will undoubtedly necessitate diligence and careful consideration of the six factors listed above, but with less than $1,000 USD (and even less than $100 USD in some places), becoming your own boss may not be as difficult as you think.

 

If you want to start your business overseas, it can help you with that. So, what are you waiting for? Get in touch with us today!

Why the franchising business could be the Indian Economy's Shining Star

The franchise business is witnessing tremendous growth and is thriving with opportunities.  It is a wise decision for the franchise if a proper strategy is in place.  India is a hot spot for many multinational companies who are looking to foray into this India Market.  Entrepreneurs are not missing this opportunity to increase their profits by taking franchises of well-known brands.  This sector is a collaboration of everything from food to clothing.

 

Furthermore, franchise India has witnessed a growth of 30-35% over the last few years and is estimated to keep growing, as more and more entrepreneurs are moving towards franchising opportunities in India.  Having one of the fastest-growing economies in the world, there is a lot of potential in the franchise business.  This growing trend is leading to an avenue of job opportunities across many sectors in India.

 

Why Entrepreneurs are choosing Franchising Businesses in India?

 

Entrepreneurs are opting for well-known franchising businesses because the main reason, they are already established and have an existing business model, which makes it simpler for them rather than starting from scratch.  Thus, just with a few formalities in place, entrepreneurs prefer to operate and function as franchisees of already establishes franchisors.

 

When stepping into these business models, entrepreneurs tend to save a lot of money as the portion of sale and promotion of products and services is not very extensive.  Nonetheless, franchisers give full training on how to operate the business with a set of SOPs.  Not to forget, acquiring finance for a franchise is much easier because the banks have a history of the existing business and performance.

 

What does Franchising Entail?

 

Companies who want to grow and diversify their business at an optimal cost, opt for the franchising business model, which gives them the benefit of reaching out to a wider sector of customers across the country.  Under this business model, companies authorize entrepreneurs to sell or distribute their products or services under mutual terms listed in the legal documents.

 

This, in turn, helps in earning good profits.  Training and assistance in marketing are also part of the terms provided by the franchiser.

 

Why Choose FranchiseBazar to FranchiseYour Business

 

Franchisebazar brings a more useful meaning to the concept of franchise expansion across India, where we educate companies about the different types of franchise models, franchising consulting in India, and how it is a joyous feeling, to get expansion across the globe.

 

 

FranchiseBazar helps budding entrepreneurs get to choose from the latest franchising opportunities in India, in various investment ranges.  Having been rated as the best franchise website in India, we keep updating our sites with the best businesses to start in India which are highly profitable.

 

Our team of consultants with this expertise can guide you on which business is best to start in India, based on your skills, investment level, and interests. 

 

Nonetheless, we allow you to sign up as the first from your city to own a franchisebazar franchise in India.  Business owners come forward to us, seeking franchise development services in India.  We guide you on how to franchise your business, and how to give franchise your business in India, along with sample templates of the necessary process.

 

So, if you are a franchisor, or a brand, and what to sign up for a franchisebazar franchise in your city in India, or want to give your business to a franchise in India, schedule an appointment today to get the best guidance and consultation.

ZICA Expands it Animation Franchise Portfolio and Looks at expanding its education training franchise agressively

With the demand for animators growing in India, Zee Institute of Creative Arts (ZICA), a Zee Network company, is in the expansion mode.

The company is all set to open 35 more franchises by the end of this year across the country. "Our assessment shows there is demand for nearly 300,000 animators in the country by 2013. Keeping this in mind, we are opening nearly 35 more franchises in the country," said Atul Sharma Regional Marketing Manager of the company.

After opening its centres in major cities, ZICA, a classical and digital training institute in animation, is now expanding in tier-II cities like Dehra Dun.

The company, which is presently running nearly 28 franchises in India, has also opened its first centre in Dehra Dun to start 12 courses offering degrees, diplomas and certificates in 2D and 3D animation, visual effects and gaming.

Tags:ZICA, Zee Institute Of Creative Arts, Zee Franchise, animation franchise, atul sharma, training institute franchise, Training Franchise,3d animation franchise, Gaming Franchise.

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