- General Franchise Questions
- What is a franchise, and how does it work?
- A franchise is a business partnership where a company (franchisor) allows an individual or entity (franchisee) to use its brand, business model, and resources to operate under its name. In return, the franchisee pays a fee and follows the franchisor’s guidelines.
- What is the main benefit of becoming a franchisee of your institute?
- Franchisees get access to an established brand, proven business model, expert faculty training, marketing support, and continuous guidance—ensuring a high chance of success.
- What are the key responsibilities of a franchisee?
- The franchisee is responsible for infrastructure setup, faculty hiring, student enrollment, and local marketing, while the institute provides training, curriculum, and operational support.
- Can I take a franchise in a small town or rural area?
- Yes, but you must ensure a minimum student demand and accessibility. We will analyze the location’s potential before approval.
- How many franchise locations are you planning to open?
- The number of franchises will be limited based on market demand, ensuring that each franchise has enough students to operate successfully.
- Investment & Financial Questions
- What is the expected return on investment (ROI)?
- ROI depends on location, student enrollment, and operational efficiency. Typically, franchisees recover their investment within 12-18 months.
- How much royalty do I need to pay?
- The royalty is either fixed or a percentage-based model (e.g., 20-30%) on total revenue.
- Is there any renewal fee after the agreement period?
- Yes, franchisees need to renew their agreement every 3-5 years with a nominal renewal fee.
- Do I need to pay extra for faculty training or course materials?
- No, faculty training and course materials are included in the franchise fee.
- Operational & Management Questions
- Who will provide faculty training?
- Our expert trainers will provide initial training and ongoing faculty development to ensure high-quality education.
- Can the franchisee decide on course fees?
- No, course fees will be set by the institute to ensure uniform pricing and brand consistency.
- Can I introduce my own courses in the franchise center?
- No, only approved courses from the institute can be offered to maintain quality and standardization.
- Will the institute help in faculty recruitment?
- Yes, we provide recruitment support and faculty training, but the franchisee is responsible for hiring.
- Marketing & Branding Support
- Can the franchisee do their own local promotions?
- Yes, franchisees can conduct local marketing but need approval for branding materials.
- Will I get access to the institute’s website?
- Yes, your franchise will have a dedicated page on our website for student inquiries and admissions.
- Who handles student inquiries and admissions?
- The franchisee manages local admissions, while we provide online lead support and inquiry handling.
- Will there be an exclusive territory for each franchise?
- Yes, we provide an exclusive business territory to avoid competition among our own franchises.
- Course & Certification Questions
- Will students receive a certificate after course completion?
- Yes, students will receive a certificate signed by the institute, which can be verified online.
- How is the quality of courses maintained?
- All courses follow a standardized syllabus, with lecture presentations, study materials, and online assessments.
- Do you provide placement support to students?
- Yes, we have a placement cell that assists students with internships, job opportunities, and interview preparation.
- Can the franchise center offer corporate training programs?
- Yes, but corporate training requires approval from the institute.
- Legal & Contract Questions
- What is the duration of the franchise agreement?
- The standard franchise agreement is 3-5 years, renewable upon mutual agreement.
- Can the agreement be canceled?
- Yes, but both parties must follow the exit terms outlined in the agreement.
- What happens if the franchisee doesn’t follow institute guidelines?
- Non-compliance with quality standards may result in penalties or termination of the agreement.
- Do I need to register a separate company for the franchise?
- No, you operate under the institute’s brand name, but you need a business license and GST registration.
- Will the franchisee receive training in business operations?
- Yes, we provide comprehensive business training for smooth operations.
- Technology & Online Support
- Will the institute provide an online learning platform?
- Yes, franchisees will get access to an LMS (Learning Management System) for online classes and exams.
- How will students enroll in online courses?
- Students can enroll through the institute’s website, and revenue will be shared with the franchisee.
- Will the institute help in setting up computer labs?
- We provide guidelines and specifications, but the franchisee is responsible for lab setup.
- How is student data managed?
- All student data is securely managed through our centralized student management system.
- Can franchisees track student progress?
- Yes, franchisees will have admin access to monitor student performance and attendance.
Conclusion
These FAQs cover everything from investment to operations, marketing, and legal aspects. Let me know if you need additional modifications or if you’d like a Franchise Agreement draft. 🚀