Investing in a Study Abroad Franchise – How Pragmatic?

 

Most of the entrepreneurs of today’s era or the budding ones will by and large agree if we say that taking up a Franchise is more beneficial and safer rather than investing in an independent venture. The branding of a franchise can serves as an advantage before and after you invest, irrespective of it being on the local level, international level or somewhere in between. Through a pre-existing knowledge of what to expect from that brand, familiarity can help you develop a customer base because of potential patrons.

The following points outline some of the key benefits of purchasing a franchise business in terms of why the franchise route is often considered more secure or less risky, over a traditional independent small business:

•    Established brand 

•    Proven business concept and operating model 

•    Established operating policies, procedures and standards 

•    Lower statistical risk of failure 

•    Established customer base of the franchise 

•    The franchisor’s On-Going Support and Training 

•    The franchisor and franchisee’s shared marketing costs 

•    On-going product and service innovation 

 
Before you take the plunge at the various sectors available to take a franchise it requires extensive thought, research and consideration as investing in a franchise is a life changing decision. Studying the latest statistics, amongst the umpteen franchisee business opportunity, like – Electronic Brands, Mobile Network Brands, Food Joints, Ice Cream Parlours etc., Study Abroad Franchise has gained lot of popularity.

Overseas Education Franchise and its Pluses

The immense growth in the number of students aiming to gain a foreign degree has increased in South Asia giving many entrepreneurs, professionals or academicians an opportunity to invest in this domain and assist the students as study abroad consultants. Students aspiring to study abroad need help at various stages as it’s a complex process and there are several documentations required for the process of sending the students to any international destination. Here is where the consultants ease the process for the students, and they play a major role in bridging the gulf between the foreign universities and the study abroad aspirants. Many foreign universities, network with study abroad consultants for the intake of students for different study programs. Through these associations the consultants get handsome amounts in the form of commission that turn out to be a good revenue for them. So, become a study abroad franchisee by taking the franchise of one of the big players in this domain and reap the benefits of doing so. 

Benefits of becoming a Study Abroad Franchisee

Once you take up a franchise of any renowned franchisor of Study Abroad, there is umpteen support and guidance given to you to set up your office in their brand name. Read on to know the benefits:  
•    The brand name to run your Franchise office and start on your own but with an already existing reputation
•    All the essential guidelines and training to help you begin with this venture which will help you get a clearer picture of how it works
•    Complete hand holding for the entire student conversion process
•    Guidelines on Standard Procedures, Systems, Policies, Marketing and all the essentials required for student conversion
•    Guidelines for conducting events for the global institutions connect with the aspirants
With complete guidance, support and branding you can easily flourish in this service sector.

The decision to go down the franchise route is defined by what opportunities are available in marketplaces at the time, and how those opportunities fit in with your personal interests and budget. If both these things go hand in hand you will no doubt walk on the path of success.
 

Read on our further articles to know how to get a study abroad franchisee if you feel this is the service sector you would like to opt for. The investment for the franchise will vary depending on the brand and the success of the franchisor, so you need to do a thorough research of the market based on the region where you would like to start the franchise.

Wishing you the best of the luck for your future entrepreneurial endeavours.