ARE PRESCHOOL/ PLAY SCHOOL FRANCHISES PROFITABLE?
The franchise business model has witnessed considerable growth in recent times. This model allows the franchisees to reap profits early on because the franchisor has already established the brand. With the wide recognition of a brand, it becomes easy for the franchisees to attract a large segment of the population. It is lucrative for the franchisors as well in return since they get to expand their network as well as revenue. If we talk about a play school franchise , in particular, there are big opportunities in this education sector. Nowadays, parents are very much aware of the importance of education, and they are willing to do their utmost to give their kids the right beginning. That is where a play school or p re primary school franchise comes into view. In contrast, to play schools that do not work on the franchise model, play school franchises are most likely to draw the attention and trust of parents. It is because a stronger brand presence is already there, and it