6 Steps to start an Overseas Education Consultancy in India

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To take an Overseas Education Franchise in the thriving market conditions where the study abroad business is growing at a fast pace can be greatly beneficial. Owing to the surge in the number of students going abroad for higher studies, the study abroad business has a huge market. If you have a passion for helping students in realizing their career goals abroad and feel  that you are the right fit for this sector then let’s delve into the aspects of how to start an Overseas Education Consultancy in India.

•    Research the Franchise Structure (Business Model)

It is essential to do an effective analysis on the Franchisor’s Business model before you invest. Look out for the best franchise opportunities in India for professionals which will help you initiate the process fetch good results and profits in the long run.

•    Know the Prerequisites to Begin the Venture

Before you get into the venture check out the requirements like finances for investment, required office space and set up, staff for help and a strong desire to go ahead. If you have all these essentials the Franchisor will streamline the further process for you. That’s the plus point!!

•    Study the Franchise Agreement

Taking up the franchise is entering into a legal promise; thus, making it very essential to protect yourself by ensuring the franchisor’s legal documents are in order and place. Take a good look at your franchisor’s terms and conditions so that you can turn a profit out of your investment. Proper study of the terms and conditions is also a must so that you do not to get trapped. Get into an agreement only when fully satisfied.

•    Study the Overseas Education Sector

This service sector is completely different from the education sector in India and n depth abas you’re planning to plunge into assisting students to study in different countries overseas, it becomes far essential that you know in-depth about the education policies, terms, conditions, requirement and criteria to be met for institutions in different countries. It’s a plunge in a vast ocean of knowledge but you’ll gain expertise and will feel proud to execute in no time with the right guidance.

•    Study Your Market

You won’t be able move ahead without analyzing the market where you are planning to work which means you need to have a thorough understanding of what your students need, which countries and courses are they interested in, which level of study would they like to go for, how much are the parents ready to invest and a lot many factors. Once you have a thorough understanding of your market you can take the essential inputs and guidelines from your franchisor and work together towards a mutually profitable venture.

•    Enhance your Skill Set & Knowledge

To be successful in any business venture it’s essential that you know in and out how to deal with it. So you need to take the complete guidelines and training provided by the Franchisor in the best capacity to be able to deal with students and parents with utmost confidence and deliver the best services. The initial phase is more for making a reputation in the market rather than looking for returns. Good services will bring good results in no time.

There is a great potential for franchisee of study abroad in the Indian market and buying it would prove to be profitable. Even during the time of COVID-19 pandemic, the students have not lost hopes in studying abroad as the universities are planning for blended learning options and the students have also not given up hope to fulfil their study abroad dreams. The students are rather looking forward for the right consultancies that can guide them and give them the right information in this time of uncertainty and the global institutions are looking forward to the consultancies to bridge the gap between them and the students. So there’s nothing to worry at all. This is just a temporary situation, which is not going to last forever and will be in boom in a month or two again.

So, go ahead and plan to take a Study Abroad Franchise.

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