With the economic slowdown in the Gulf region, many NRIs from Kerala are returning home with their savings and experience. These individuals are interested in investing in their motherland, where the education sector offers maximum prospects. Establishing and running a nursery school can be socially and economically rewarding. Here is an ultimate manual on how gulf returnees can start a successful nursery school in Kerala.
Table Of Contents:
- Understanding the Market for Preschools in Kerala
- How To Start A Preschool In Kerala
- Franchise Opportunities in Pre-School Business
- Capitalising on Gulf Experience towards Achieving Success in setting up a preschool:
- Business Ideas for Gulf Returnees in Kerala and India
Understanding the Market for Preschools in Kerala
Kerala has high literacy levels as well as a growing demand for quality early childhood education. The state’s focus on schooling, coupled with parents’ increased realisation about the importance of pre-primary learning, presents a fertile ground for such establishments. This is an opportunity for Gulf returnees who have been exposed to advanced teaching methods abroad.
How To Start A Preschool In Kerala
For those of you who are wondering about how to start a preschool in Kerala or a preschool franchise in Kerala, here are some pointers to guide you on the right path. These will help in solidifying your preschool business plan.
- Carry out market research
- Develop A Business Plan For Your Preschool
- Select An Appropriate Site
- Comply With Legal Requirements
- Design A Captivating Curriculum
- Recruit Competent Employees
- Advertising and Sales Promotion
It is imperative to conduct extensive market surveys before venturing into this business. Such understanding will help you come up with a strong business plan for your preschool taking into account local needs, competitors around, and the unique requirements of the community being served. Factors that should be considered include but are not limited to; population characteristics of the area under consideration, the number of working parents within that location, or prevailing education standards, among others.
A comprehensive business plan acts as the foundation stone for the success of any enterprise, including nursery schools. Key sections include a mission statement, target market analysis, competitive strategy analysis, marketing strategies proposed, operational framework plus financial forecast, among others: a) Mission And Vision – State what you want your preschool to achieve in long term b) Market Analysis – Highlight findings from your research regarding potential clients’ needs etcetera c) Curriculum And Programs – Describe educational approach planned for adoption by learners at different stages of development d) Staffing – Indicate appropriate staffing levels required vis-à-vis teacher-student ratio plus qualifications needed per category, etc. e) Financial Plan – Give a breakdown of startup costs, income projections, and expenditure estimates for the first year.
Choosing where to locate your nursery school is very important if you want it to have many enrolments. Consider areas that are safe, accessible, and with enough space for indoor as well as outdoor activities. It can be advantageous to be near residential estates or places of work.
There are various legal procedures which must be followed when starting a kindergarten. Ensure you meet all these requirements by obtaining relevant licences from authorities in charge such as health department officials who will inspect hygiene conditions at the premises before granting permission among others. Building codes should also not be forgotten since they guide on how structures need to be designed so that they do not pose any danger to occupants.
A curriculum which captures the attention of parents while promoting holistic child development is necessary for every successful institution offering early childhood education services like day care centres or preschools . Include components that encourage play based learning creativity physical activity literacy foundation numeracy skills etcetera Leveraging exposure gained abroad you could introduce multilingual teaching techniques as well as other innovations into this sector thus making it more interesting.
For any kindergarten to be successful, its staff members have to be highly qualified. Therefore, you should employ knowledgeable teachers passionate about teaching little children. They should also be experienced in this field of early childhood education and care. Additionally, continuous training programs need to be conducted so that they can keep themselves updated with current educational practices and methods.
Marketing is very essential when it comes to attracting students to your school. Employ both online and offline methods of advertising your kindergarten. For example, create a user-friendly website; make use of social media platforms such as Facebook or Twitter where people can easily find information about your institution; organise events within local communities where parents/guardians can interact with teachers face-to-face among others; collaborate with other organisations dealing with education or child development like UNICEF etcetera through partnership agreements etcetera.
We hope that the points mentioned above will help you set up a robust preschool business plan.
Franchise Opportunities in Pre-School Business
If you are risk-averse and prefer structured business models, then investing in preschool franchises would suit your needs best while still maintaining an element of reward for the effort put in during the operations phase itself, which also provides an opportunity for learning from others who have already successfully implemented similar ventures elsewhere thereby reducing chances of failure due lack relevant experience or skills necessary at this level thus increasing probability success rate achieved by such endeavours overall.
Capitalising on Gulf Experience towards Achieving Success in setting up a preschool:
The following are ways through which one can capitalise on his/her Gulf returnee status while venturing into the establishment of a nursery school:
Cultural Diversity: Exposure Living and working within environments characterised by different cultures gives individuals an international outlook even when they return back home country after many years abroad; hence, such person must try their level best not to ignore the valuable contribution made towards fostering global citizenship among learners through curriculum implementation processes designed foster inclusive society where everyone feels valued irrespective his/her background knowledge or socio-economic status.
Professional Skills: Most people from the Gulf region possess various professional skills, such as managing businesses and finance management, which can be utilised effectively when running a successful institution offering preschool education services. Hence, parents can have peace of mind knowing that their children are being taken care of by qualified personnel who know what is expected of them at all times.
Networking Opportunities: Connections made while still residing overseas, especially those established within the educational field, might turn out quite helpful during the initial stages, such as finding quality learning resources for use in the classroom or even partnering up with institutions abroad to enhance overall standards maintained throughout all branches wherever located globally thereby ensuring continuous improvement achieved across the board.
Financial Capacity: The majority of individuals returning to Gulf states have saved substantial amounts of money over the years, enabling them to invest heavily into capital-intensive business ventures such as opening new schools, hence why they easily afford necessary requirements like buying land, constructing buildings equipping libraries, laboratories hiring teachers paying salaries regularly etcetera thus greatly contributing towards the success of kindergartens setup within localities served.
Business Ideas for Gulf Returnees in Kerala and India
Apart from setting up schools for young kids, there are many other business ideas that can explored by returnees from the Indian subcontinent who spend a considerable period of time working in Middle Eastern countries, including but not limited to the health sector through the establishment of clinics wellness centres tourism industry by starting travel agencies boutique hotels agribusiness through organic farming or IT related fields including software development companies among others so long as one selects an option based on his/her skills interest level market demand.
Those were some business ideas for Gulf returnees in India.
In conclusion, starting a preschool franchise in Kerala state presents a good opportunity and returns on investment higher than most enterprises due to large population numbers coupled with high literacy levels, hence making it easy to attract many clients willing to pay premium prices for quality services offered this segment also offers chance do something meaningful lives children while at the same time making profits thus creating win-win situation everyone involved whether the individual decides to run their own pre-school franchise careful planning necessary ensure excellence attained throughout.
Are you interested in investing in a well-established preschool franchise? EuroKids is the perfect fit for fresh entrepreneurs due to its state-of-the-art curriculum and reputable brand name. Become part of our family at EuroKids and help us shape the future for young minds all over Kerala.
Sources:
https://m.economictimes.com/nri/nris-in-news/gulf-returnees-keen-to-set-up-own-business-in-kerala-govt-gets-5000-applications/articleshow/78827924.cms
How to Start Playschool Business | Entrepreneur