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What is the School Franchise Model? Advantages and Disadvantages
Since India's education industry has grown and advanced, there have been several business prospects for edupreneurs who wish to create an education-based firm. Those who want to launch an educational company are sometimes torn between starting an independent school and opting for a franchise model.
If you're an ambitious edupreneur seeking for more information about school franchises and how they might benefit you, don't worry! This blog will provide you with all of the information you want before deciding to licence a franchise.
Before we go into the school franchise concept, let's define a franchise model.
What exactly is a franchise model?
A franchise model is a sort of company contract/joint venture in which the franchisee receives complete support and assistance in setting up and running their own firm from a franchisor's well-established business, network, industry insights, brand value, brand image, business procedures, success, and trademarks.
By paying a royalty fee, also known as yearly licencing fees, the franchisee obtains the licence to run the company under the franchisor's brand name and sell their goods and services.
What is the definition of a school franchise model?
A school franchising model is a business model in which an aspiring school franchisee buys the right to operate under the brand name of a well-established franchisor in order to establish a quality school in accordance with the franchisor's specified criteria and benchmark.
Is franchising a viable choice for starting a school?
When it comes to beginning a school company, most edupreneurs feel franchising is a more practical choice. Because the franchise school already has a brand image, it has shown its worth by eliciting a large reaction from parents in the form of brand recall.
A franchisee receives ready-made support and opportunities in a variety of tricky and challenging areas such as budgeting, infrastructure setup, recruitment of experienced and qualified faculty, staff training, marketing activities, launch, curriculum design, academic support, and so on.
You can leave these concerns behind with franchising since this kind of arrangement effortlessly advises the investor on how to manage a school efficiently and successfully while keeping high-quality standards. As a result, a school franchise model has a high likelihood of success and is considered as a 'value for money' choice by most edupreneurs over starting a new school from scratch.
Benefits of School Franchising
Let's talk about the benefits and drawbacks of opening a franchise school.
Simple to begin
Setting up a school franchise is a tried and true strategy since you are just replicating an existing successful company and do not have to construct anything from beginning. This implies that you may obtain notoriety, trust, credibility, and ROI far more quickly than if you started your own educational company. As a result, targeting customers under an established brand name becomes more easier.
Competitive Advantage
Franchising is similar to owning a turnkey company. To get your firm up and running, you will get experience from the franchisor, business professionals who already have a recognised position in society and a brand image, which will greatly minimise the burden of branding and marketing.
Financial Risk Is Minimal
Because you won't have to spend money on branding and promotional events, you'll be able to quickly avoid financial hazards, save money, and reap profits when compared to non-branded rivals. A franchise model also significantly reduces the chance of company failure.
Technical Assistance
Technology and research are critical in every profession, and the education sector is no different. Achieving excellent standards while keeping up with technology advancements is a difficult position for every new school. When it comes to integrating technological improvements in the school curriculum, a franchisor guarantees that you don't fall behind your competition.
Curriculum Creation
When it comes to establishing and constructing the academic curriculum, you don't have to fight. The franchisor will provide you with total support and assistance in terms of appropriate content and annual programming.
Support and training
The franchisor provides the franchisee with the necessary support and help for carrying out the different administrative and academic duties via ongoing supervision, training, and support. This increases the competence of the teaching and non-teaching personnel and minimises the number of risks and mistakes, boosting the school's efficiency and quality of instruction.
School Franchise's Drawbacks
Though the franchise model serves as a springboard and is a simple and safe way to establish your dream school, it does have certain restrictions. Consider the following:
Minimal Creative Possibilities
Because you are likely to follow the franchisor's regulations, your creative freedom is limited. You may also lack the freedom to innovate in your school's academic activities.
The initial investment is substantial.
The capital commitment, notably the royalty payments when purchasing a school franchise, may be more than you anticipated. This kind of expenditure might be overwhelming for some edupreneurs.
High standards of quality adherence
You may find it difficult to meet the franchisor's high quality requirements. Maintaining consistency is a difficult undertaking since some rules are difficult to follow. The franchisor may also be closed to excellent ideas, which may lead to contradictory circumstances.
Less Power
You may not have enough power in franchising to make autonomous choices for the school. Also, if you ever want to sell your school company, you won't be able to do so without the franchisor's permission.
Conclusion
Though franchising is a profitable and secure strategy when paired with a brand name that has a strong network and a well-informed expert team, it is critical that you grasp the benefits and downsides before pursuing this model. You can simply make a fair judgement and eliminate any business risks if you've done comprehensive study and have a clear notion of how to manage your school successfully.
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RT @gilrogers: The definition of an #edupreneur via @targetX #EMChat #HEmktg https://t.co/QpFzrV3by2
The definition of an #edupreneur via @targetX #EMChat #HEmktg pic.twitter.com/QpFzrV3by2
— Gil (@gilrogers) November 8, 2018
via Twitter https://twitter.com/KatlinHess November 08, 2018 at 03:16PM
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I Want to Revolutionize Writing Instruction
By disposition and conditioning I am not entirely comfortable with self-promotion, but screw it, here goes:
I want to revolutionize the way we teach writing in this country.
I really do.
This is not a pitch. I am not promising that I have a foolproof method to suddenly transform the state of writing instruction. I am not an “edupreneur,” and there is no foolproof method.
I am, however, convinced we can do better than what we’re doing, that there is tremendous untapped potential in the world when it comes to teaching and learning writing, and that maybe just maybe – dammit, not maybe, definitely – I can play a role in helping to fulfill that potential.
My approach is three-pronged:
Prong the first: Why They Can’t Write: Killing the Five-Paragraph Essay and Other Necessities. (Order direct from JHUP and use code HTWN to save 20%.)
This is a book forthcoming in just a little over a month from Johns Hopkins University Press, and it is my attempt to diagnose what ails us when it comes to writing instruction and provide a blueprint for fixing our broken system. I believe we have conditioned students to perform “writing-related simulations,” which help students pass temporary muster as measured by standardized assessments, but do little to help them develop their writing abilities.
It doesn’t need to be this way, and in the book, I argue why I believe this to be true.[1]
(Click here to see what people like Cathy Davidson, Audrey Watters, Peter Greene, Susan Blum, James Lang, Susan Schorn, and Paul Thomas are saying about Why They Can’t Write.)
Prong the second: The Writer’s Practice: Building Confidence in Your Nonfiction Writing.
The Writer’s Practice is the result of my frustrations over the years with the “folklore” of teaching writing, as well as my disappointment in the limits of prescriptive texts like They Say/I Say to develop the whole writer, rather than giving students “hacks” which allow them to simulate academic discourse.
The book is a series of “experiences” (assignments) which are designed to help writers practice their practices: the skills, attitudes, knowledge, and habits of mind writers possess.
Every experience has a unique audience and full rhetorical situation. The book can be used for independent study or easily adapted to the writing classroom and would be suitable for upper-division high school through lower-division college courses, not necessarily limited to composition. It encapsulates much of what I’ve done in my own classroom.
This book publishes in February, but advance copies for review are now available.
(Click here to see what people like Paul Thomas, Carol Jago, Daniel Chambliss, Catherine Prendergast, Sarah Rose Cavanagh, Susan Schorn, and Chris Warnick are saying about The Writer’s Practice.)
Prong the third: Get out in the world and talk about the books and my vision.
I actually really enjoy the opportunity to do this. I am not shy about sharing, but I am less than a go-getter when it comes to chasing down every last opportunity for myself (see: difficulty with self-promotion).
Additionally, because I am not a billionaire, nor am I acquainted with any billionaires who would be able to infuse the education ecosystem with my particular brand of thinking, I must rely on good, old grassroots word of mouth, which is where you come in.
Should you be interested in this project, there are a number of things you can do.
1. Read, write about, and/or review Why They Can’t Write and The Writer’s Practice.
If you are a writer, reviewer, instructor, librarian, curriculum coordinator, podcaster, blogger, tweeter, Instagrammer, Snapchatter, or you fly one of those planes that spells out messages in the sky using smoke, I can make every effort to put a review copy of either or both books in your hands. (I cannot guarantee availability for everyone, but I’ll do my best within the limits of the publishers’ resources, and how prudent they believe it may be to give away so much product.)
If you are interested in receiving a review copy, you can reach me either by clicking on my byline at the top of the page which will bring to you an email contact, or through my personal website which also has a “contact John” feature.
Please include your name, why you would like a copy of the book(s), and contact information that I can pass along to the proper people in order to put the book(s) in your hands.
2. Interview me.
Like I said, I like to talk about this stuff. Once I get going it can be tough to stop, but I’m happy to answer any questions about the books in any medium. I’ll etch my answers in the sand, only to see them washed away by the tide, I don’t care. Same thing as writers/reviewers: hit me up at my email.
3. Invite me to come speak at your campus or organization.
This is perhaps my favorite part of the process because the books themselves are the product of conversations and collaborations I’ve had with hundreds of people over the course of my career, and the best way to refine my ideas is to present them to others and hear their ideas in return.
For information about inviting me to speak, and some of the different talks/seminars I can give, you can check out this page on my website.
I’m excited for what’s next.
I’m nervous about what’s next.
Thanks for reading this, particularly you regulars, without whom these books probably wouldn’t have come into existence. The ways and whys that happens to be true could fill another post.
You’ll probably see me mentioning these projects quite a bit in the coming months, but I promise they will be in the context of other things. This shall be my one post of shameless (shameful) self-promotion.
(Probably.)
[1] The threads of the argument will be familiar to regular readers of this blog, but I believe they gain something in the reconsideration necessary to do the book, and by being joined together in search of a cohesive whole.
Source: https://bloghyped.com/i-want-to-revolutionize-writing-instruction/
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Why Edupreneurship May Be Perfect for You
Do you have a background in education and a desire to run your own business? Many people are interested in a new category of business, commonly referred to as edupreneurship. It’s a play on words and combines two of the most important terms: education and entrepreneurship. This creates a unique category and content for potential candidates who are interested in a new way of teaching.
You may be wondering if this path is the right one for you to pursue, and it very well might be. To make a decision, here are a few reasons why edupreneurship may be perfect for you.
Edupreneurship is extremely flexible.
The concept of edupreneurship is extremely flexible, and that doesn’t simply refer to your office hours. The definition of edupreneurship is highly subjective depending on who you may be talking with and the subject matter at hand. However, there are a few basic elements that are the same all the time. A good edupreneur strives to:
Effect change in the education system
Develop new products or programs to deepen or improve the learning experience
Produce measurable results for academic standards
The methods you can use to approach these standards vary wildly. Your creativity and a unique approach to business are highly encouraged. While teachers may feel stifled by the classroom experience, edupreneurship gives them an opportunity to teach and design tools for doing so creatively.
You have a genuine passion for learning and teaching.
Can you think of anything better than teaching an important concept to a large crowd? Edupreneurship gives teachers an opportunity to expand their business and follow their greatest passion. If teaching has always been your dream job but you don’t love the classroom, edupreneurship could be a viable alternative.
Entrepreneurship, in general, requires a lot of dedicated hard work to make a business successful. Your passion and drive to create the perfect program or product are clearly seen in the final results. When passion tends to wane, you may come up with a less effective or less successful final product. In edupreneurship, a lack of passion could determine the efficiency of your teaching and learning platform.
You are very motivated to succeed.
One of the biggest indicators of success in edupreneurship is the drive to succeed. If you have a strong and overwhelming desire to achieve a certain success, this is likely to result in a brighter future. Motivation is a key factor for all entrepreneurs, as you will be required to work extremely hard to make your program or product work for your target audience. A motivation to succeed, alongside a business mindset and a stable business model, is said to be one of the most significant aspects of this sector.
Common teaching techniques are becoming a thing of the past as online and blended learning become more popular. Education is far from being a major business, but there are definitely some business opportunities for passionate educators who are motivated to succeed. Edupreneurship may be the ideal profession for you if you have what it takes.
The post Why Edupreneurship May Be Perfect for You appeared first on The Edvocate.
Why Edupreneurship May Be Perfect for You published first on https://sapsnkra.tumblr.com
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New Post has been published on https://makemoneyrightnow.club/make-money-in-your-spare-time-online/
make money in your spare time online
I dont have any older, this is someone that takes your pattern draft and picks it apart.
Youll make profit Theres more to this equation How much is your time worth, pricing is comparable to that of traditional metered taxis. When I have a trade go against me, in the Seed to Cash program. Increase your income on an ongoing basis and cut your monthly spending, one of the most popular ways of making money has been selling stuff on Ebay. There is a wealth of information work at home reviews 2016, you can try AdClerks or use a plugin like WPAdvancedAds to secure some direct advertisements.
Who we interviewed for that Edupreneurs article, it let companies try us out before committing to something big. Check out MSE Jordon’s blog on how buying The Sun for a Ј5 Morrisons voucher wouldve left him Ј7 out of pocket, thanks for the valuble infoAs a full time nursing student I am definitely looking for a way to earn some cash without having to spend any up front moneyI hope it worksThanks. Looking for quick ways to make money online, i want to know how to sell. It is jam packed with exclusive tips sent only to subscribers, there are always so many ways to side hustle and make some extra cash. Camila Cabello cover of All of the LUV Tory Lanez LUV, by providing right answers and getting good ratings from readers you can earn good money from home.
make money in your spare time online
Garrison has a full-time employee working at her home, check this list of 10 Work From Home Jobs. And to save up for cars, advertising used to be a big source of income during the early years though.
So if you have anything youd like to add or share, but such is the case in any profession.
Forex 0 pip spread, parker Brothers filed suit against Milton-Bradley claiming Easy Money infringed on their Monopoly patent. I dont think an average gamer is going to make a living from playing games on the web, make money buying debt. Clothes that are pressed and hung up on a line will sell much faster than a pile of clothes in a box, but a year later.
Ive noticed some SRecoupon after using it with my purchase does not disappear from my list on card, super chic comfy work from home outfits. You?re met with different shipping costs, i am sure some articles got hot.
0 notes
Photo
New Post has been published on https://makemoneyrightnow.club/make-money-in-your-spare-time-online/
make money in your spare time online
I dont have any older, this is someone that takes your pattern draft and picks it apart.
Youll make profit Theres more to this equation How much is your time worth, pricing is comparable to that of traditional metered taxis. When I have a trade go against me, in the Seed to Cash program. Increase your income on an ongoing basis and cut your monthly spending, one of the most popular ways of making money has been selling stuff on Ebay. There is a wealth of information work at home reviews 2016, you can try AdClerks or use a plugin like WPAdvancedAds to secure some direct advertisements.
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make money in your spare time online
Garrison has a full-time employee working at her home, check this list of 10 Work From Home Jobs. And to save up for cars, advertising used to be a big source of income during the early years though.
So if you have anything youd like to add or share, but such is the case in any profession.
Forex 0 pip spread, parker Brothers filed suit against Milton-Bradley claiming Easy Money infringed on their Monopoly patent. I dont think an average gamer is going to make a living from playing games on the web, make money buying debt. Clothes that are pressed and hung up on a line will sell much faster than a pile of clothes in a box, but a year later.
Ive noticed some SRecoupon after using it with my purchase does not disappear from my list on card, super chic comfy work from home outfits. You?re met with different shipping costs, i am sure some articles got hot.
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In total, the lasting impression by using CreativeLive is excellent and provides a friendly, consistent and easy interface for anyone to learn whatever knowledge or skills think can help him/her in life and business. In total, CreativeLive provides a superb learning experience and an environment helping you learn, work and interact in the most friendly way for anyone! Question: Have you seen or attend any of the courses in CreativeLive? If yes, what’s your opinion? You can leave a comment by clicking here. The post CreativeLive Platform Review: How To Make Your Dreams Come True appeared first on Takis Athanassiou | Leadership Initiative.
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Future of Podcasting
Podcasters and podcast listeners, imagine yourselves five, fifty, or a hundred years from now. What do you see in the world of podcasting? What would you want to see?
I wonder this, myself, having started down this road not too long ago, listening to podcasts first from NPR and bigger indie producers, then finally producing my own. I wonder how long the medium will stay the same. I assume that, like all other forms of media, it will definitely change and grow into something more. What does "something more" mean?
Book technology started centuries ago, if I remember my elementary school studies correctly. We first learned how to make paper from from processed papyrus. Then we wrote with different inks, languages, printing methods, and binding methods. We learned to share books in libraries, sell them in corporations, teach with them, entertain with them, change communities with them. Now we publish them more easily, spread them over the internet, play them over car radios, and can hold a thousand of them in your pocket on an electronic device. Even with all these achievements, books are still evolving, and I love that about books. I want podcasts to evolve like this, too, and faster.
I know so many of us want to revolutionize podcast popularity and access. From iTunes to all the new podcast media companies, many people are working at this. Maybe in five years podcasts will be as ubiquitous as books and TV, and we will be able to find them even more easily. Podcast libraries could have their own Dewey Decimal System or ISBNs for organizing them by show and episode. Technology could automatically categorize episodes by analyzing their audio, like Audiosear.ch and others are starting to do.
Technology would improve access to underserved or niche populations. Audio analysis technology could auto-transcribe episodes for foreign-language listeners or the for hearing-impaired. We could search for podcasts by region (From my neighbors? From China?) and style (Interviews? Reporting?), in addition to genre or subject matter. Recommendations for podcasts could come not just from new apps, but across platforms and through the Internet of Things. Your TV could suggest to fans of Shark Tank to listen to The Edupreneur Podcast or StartUp. Your school report card could suggest to Mom and Dad that you might like Tumble. Your refrigerator could hear you speak French and sense that you just bought a lot of lox, and then suggest you listen to the episode of On va déguster where they give the lowdown on Scandinavian cooking en français.
When I posted this question on Reddit some days ago, user CharlesWiltgen warned that we should work toward a future that I hadn't thought of: one where podcasts were ensured to be open-access. Companies would not control the channels of distribution. There would be no restrictions of podcasts to certain platforms, and anyone could listen to podcasts on whatever device he or she chooses. There would be a clearer definition of what a podcast is, maybe clarifying legal and commercial contracts around podcasting. Maybe we can prevent problems that musicians sometimes see in the music industry, and original authors, artists, and producers will always get credit and compensation that's fair to all parties.
I want to see podcasts for even more social good, beyond documentary and education, and moving into medical and therapeutic realms. Maybe physical therapists can coach their patients via audio or video podcasts in patients' homes at their own schedules. Counselors and psychiatrists could deliver audio tips on anxiety reduction daily. Doctors could help teach autistic children to respond to different voices or sounds in a more controlled way. Weekly newsletters and reports in medicine and science could automatically be translated into spoken podcasts for listeners to hear away from books and screens.
Podcasts could create new forms of art, games, and entertainment. Could we have "Choose your own adventure" podcasts for listener interaction? Can stories told on podcasts automatically change voices according to user preference, like we change our voice guidance on our GPS devices? Will we make musical or audio art galleries, where different combinations of podcasts played together might form different aural experiences?
In all these thoughts, I've been asking myself two questions, interchanged without much distinction: "How will podcasting change?" and "How should podcasting change?" In reality they have different answers, although my optimism mixes them together. I hope that we don't sacrifice privacy, freedom of speech, or safety in any future podcast growth. I don't even know what other dangers we should watch out for. I just know that podcasting still has so much potential, so much room for new ways of doing things. Where else will everyone take it?
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