28 May 18 1305 0
Factors | Preschool Franchise | Self-owned Preschool |
Brand Name | The brand name is built and promoted by the franchisor. The franchise owner only needs to use the brand name and gain benefits | The owner needs to build a brand name, which is comparatively complicated and expensive. |
Marketing | Provides the franchise partners with relevant marketing collaterals to promote the preschool; also encourages joint marketing activities. | Need to formulate their marketing strategy. |
Curriculum | The curriculum is research-based and adheres to global standards. | Curriculum accommodates all the essential learning elements. But it is challenging to implement international standards. |
Faculty and Staff | Provides assistance in recruiting teaching staff with an adequate degree and diploma, which meets the minimum criteria of preschool staff members. | Recruitment is ad-hoc as there are no set guidelines for the hiring process. |
Training | Regular training sessions are organized for teachers to keep them updated with the latest teaching methods. | Training programs are difficult to arrange as no set academic standards are defined. |
Student-Centric Teaching | Curriculum and teaching pattern are so designed that they cater to specific needs of every student. | A generalized education approach is followed because it is not possible to train faculty to meet the unique requirements of students. |
Investments and Profits | Franchise owners make substantial initial investment. Certain brands offer fixed fee model and there is no need to shares profit with the franchisor. | Owners make substantial initial investment and keep all the profits to him. |