Everything you need to know about education franchise business model
Education franchise is one of the most profitable franchise opportunities in the current scenario in India. Education in the 21st century is evolving. The school franchising model in which both the partners involved get to grow and succeed while taking education to those who need it most is becoming quite popular. In this blog, we will discuss everything you need to know about the education franchise. What is franchising? The school franchise model is a contractual business model wherein the established brand, known as the franchisor, allows an independent business owner known as a franchisee, to use its branding and other rights. In return, the franchisee promises to pay the franchisor a franchise fee plus the ongoing royalties. Advantages of franchising for edupreneurs There is a multitude of benefits associated with school franchise businesses. Check them out. 1. Established brand name You will work with an already established brand name that is most likely to inspire customer loya...