The preschool market in India has a huge potential for a long-term business model. The present market meets only about 20 percent of the total demand and hence there is a huge untapped opportunity for good quality preschools in the country. In today’s world, working parents look up to preschool settings as a safe place for their little ones.
This is the reason some schools also cater to the daycare center facilities. If you are planning to open a school in India or a child care center you need to start with identifying the location. The aim should be to choose a location keeping in mind the target audience as you need to ensure that the location attracts a good number of enrollments.
If you are wondering how to start a school in India, keep reading.
To set up a successful preschool and daycare business today, you need to take care of the following points:
1. Learn about licensing requirements
In order to open a preschool and daycare facility, you need to learn about the licensing requirements as implied by the local government. You will have to strictly abide by the rules and regulations.
2. Prepare a business plan
Writing a preschool and daycare center business plan is a huge but most important task. Here you need to write your marketing plan, daycare mission statement, operations, staffing, budgets, and more stuff. Do your research at this step and focus on understanding the cost of the entire business plan.
3. Choose a good location
If you’re starting your business from scratch, look for a good location keeping your target audience in mind. Check the licensing guidelines before finalizing the location just to be sure if it is compliant.
4. Get insurance
This is another important step and you will need different types of insurance policies including property, business insurance, and more. Again, go well through the licensing requirements for guidance.
5. Facility and infrastructure
The facility at your pre-school should be child-friendly in every way. Classrooms should be well-equipped with good infrastructure that create a healthy and cozy environment for the children. To get your spaces designed, you may take help from a play school franchisor.
6. Develop policies and hire staff
Developing policies and procedures are an important part of the entire setup process. You will want to develop health, safety, privacy, and other required protocols all under the guidance of the licensing requirements. While hiring staff, verify the preschool and daycare center licensing requirements to check the staff ratios.
We hope these step-by-step points to opening a school in India will help you. In today’s fast-paced world, parents expect to enroll their child in a preschool and daycare facility that promotes the latest technology tools for the best learning experience.
Parents nowadays are concerned about their kid’s future more than ever and are willing to provide them with the best education right from preschool. If you go for the preschool franchise, there is no doubt you will get a good ROI with less investment. All you have to do is plan properly before beginning the process.
Running a successful preschool and daycare center requires a clear plan, expert advice in order to help you stay organized to execute the operations. Your business model success will depend on careful management right from the initial process to finish.
If you are looking for a seamless process to start a school, look no further and connect with Shri Educare today. We always put our best foot forward to provide valuable consultancy services to schools in India. Reach out to us to know more about our services!