The play school franchise industry has opened wide door for many would-be entrepreneurs, who have the zeal and zest to start their own best play school franchise in Mumbai. Although in a place like Mumbai, developing a play school franchise involves a lot of hard work and planning. Given below are 5 simple steps that you should follow before starting the best play school franchise in Mumbai.
- 1. Location/ Space
The location plays a vital role in making the play school franchise business a success. It is advised to choose a suitable location. While choosing a location, also see to it that it has adequate space to make the play school. The space need not be very large but at least must be passable and properly ventilated.
- 2. Investment
When compared to the other business ventures, play school franchise may bear less risk. The investment to start a play school is between Rs. 8-10 lakhs minimum. Therefore, the prospective franchise should be financially stable to ensure smooth functioning of business. A franchisee also has to invest in property renovation, furniture, toys, general equipments, transportation facilities, staff recruitment, training and salary. Other than this, a franchisee has to spend on local marketing and promotion to create brand awareness at the local level.
- 3. Legal Formalities
Before starting the best play school franchise in Mumbai, you must keep few things in mind about the legal regulations that may need to be complied with. A complete and clear documentation is expected from every play school franchisee.
- 4. Hiring and Training the Staff
After all these things are done, you need to hire well-experienced staff. Hire a team of qualified teachers to assure the proper running of the play school. Hire only those who are genuinely interested in spending time with the kids. Disinterested individuals can create problems that may have negative impact on the tiny minds.
- 5. Promotions
In a city like Mumbai, where there is a lot of competition, your play school franchise has to stand out. Thus, promoting your play school franchise on different advertising platforms will help you in doing so.
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