At Edurite, we aspire to provide educational solutions to meet the growing need for quality education across the country and for this purpose we need partners with the same amount of passion, dedication and commitment to the cause
Why partner with Edurite?
Here is why you should join hands with us in our endeavour
- Edurite brings a strong brand name and credibility to the venture
- The franchisee is equipped with technology solutions, operational systems and processes
- Edurite makes available to franchisee, unparalleled courseware which is interactive and effective
- Teachers are given adequate training on coaching techniques, courseware etc.
- Partners are involved in significant initiatives
- Trust and openness in the venture is encouraged
- Edurite recognizes partners who perform well
- Effective marketing and sales support is provided
Franchisee Role
The prospective partner should
- Have knowledge of the local market
- Be responsible for student acquistion
- Undertake local marketing activities
The Franchisee Process
- Submission of Application Form: The application form can be obtained from the Franchise opportunities page.
- Market Analysis: Subsequent to submission of the application form the prospective franchisee will have to undertake a market survey and gather information about potential locations, carry out competition mapping exercises, and work out detailed financials.
- Meeting with Edurite Officials: The applicant will then meet with the officials at Edurite, and discuss the project and its feasibility. At this stage the project will be finalized and major decisions will be taken and a business plan will be formulated.
- Finalize Agreement and Roll Out Project: Once the business plan is finalized and approved by Edurite, the applicant will need to make the requisite payments and sign the franchise agreement.
Franchise Financials
The initial investment might vary from 13 to 15 lakhs, and would cover hardware, software, infrastructure and the license fee. The capital ploughed in might fluctuate due to factors such as location, capacity, types and number of course offered, number of students.
The project will be undertaken for a period of three years and the revenue sharing ratio will be 70 (Business partner):30(Edurite). The operational break even is expected within a year’s time.
