Dear Experts,
Can anybody guide me how to have franchise of some good schools in Lahore like Beaconhouse ,Lahore Grammar, Lacas and Allied etc. Is it good for social cause and straight forward business having no mischievous. Plz advise. Kind Regards :h
Murrad Shah replied on Sunday, May 1, 2016 12:26 PM
I also would like to know that how much seed capital will be required.Thanks |
Kiran Adnan replied on Sunday, May 1, 2016 12:26 PM
No its not a straight forward business, too much upfront cost which is a sunk cost if your school doesnt run well. |
Murrad Shah replied on Sunday, May 1, 2016 12:37 PM
Thank you Kiran, upfront cost will be how much and how many years it will take to start generating at least its all expenditures. |
Kiran Adnan replied on Sunday, May 1, 2016 12:41 PM
2 million to 10 million is franchise cost, it would take atleast 4-5 years to reach break even of set up cost like building, furniture etc. Only after then you would be able to recover franchise cost. |
Murrad Shah replied on Sunday, May 1, 2016 12:49 PM
Jazzak Allah Khair for your valuable info, Franchise cost will be paid in lump sum or in percentage of students fee? I need to know how to approach the management of these schools?will they help me by providing experienced teachers, IT systems, syllabus and book selection etc. will they decide the school location also or I can choose by myself. |
bhai replied on Monday, May 2, 2016 08:59 AM
Why don't you directly check with the schools for first hand information. Please note not all schools franchise |
