The Five Major Advantages, Which You Get in a Franchisee Are

Franchisee

The human evolution is in itself a learning process. The knowledge gained by mankind has been through a learning cycle comprising trial-error-learn-trail-error. The franchiser, i.e. PIE Education Pvt. Ltd. has already gone through the learning cycle and has evolved a winning formula to run the business. As a franchisee, you save a lot of time and resources to evolve a successful business model. So by investing in a franchisee you drastically reduce the chances of failure and save valuable time and resources. Statistics also reveal that the failure rate in business ventures is quite low in franchisee as compared to individual start-ups.

The Five major advantages, which you get in a franchisee are :

a) Brand Name

Consumers today are quality conscious and hence prefer established brands. In engineering entrances career-conscious students always opt for recognised and established institutes rather than new entrants. PIE Education would provide your business the much needed brand image. This brand image provides the necessary launch pad for taking your business to new heights. PIE Education has established itself as a highly reputed and esteemed organization imparting quality education to students from around the world. By becoming a franchisee, you will become a part of our mission to deliver quality education at a reasonable cost.

b)Teaching Methodology

In the field of engineering entrances one of the important factors is the teaching methodology. As an independent business, you will be required to spend a lot of time and resources on developing and improving an effective teaching methodology. But as a franchisee of PIE Education you will have access to our teaching methodology that we have evolved over the last 15 years. This teaching methodology has been designed by Raj Kushwaha, and his team. It also involves use of audio-visual teaching aids. The students are taught with the help of power point presentations. These presentations are designed in such a way that they explain even the most complicated concepts through effective animations and examples. The success rate of students at PIE Education, is a testimonial to this. PIE Education has produced quality students.

c) Study Material

The success of best sellers like ...... speaks volumes about the presentations, teaching and writing skills of Raj Kushwaha. The same skills have been utilised into the preparation of the study material for different courses. As a franchisee you will have access to these top quality course contents designed through 15 years of R&D by our elite “Content Development Cell” which is personally headed by Raj Kushwaha. This study material is designed specifically to prepare all the students for successfully meeting the challenges of IIT-JEE, AIEEE & other state competitions.

d) Efficient & Effective Management

The key to success for any business is Efficient & Effective Management. Any business needs proper management and experience to run profitably and efficiently. With our vast experience in successfully handling IIT/AIEEE educational institute, we will be providing the franchisee, the management know-how and the trade secrets for profitably running an IIT/AIEEE educational institute.

e) Continuous Faculty Training and Development

The success of any educational institute largely depends on the quality of the teaching faculty. It is the teacher that moulds the students into a successful professional. In India we have a very strong tradition of Guru - Shishya. Keeping with the spirit of this concept, we strongly emphasize on possessing the best teaching brains in our organisation. We have a continual programme for faculty training and development. It is our commitment to provide you with the best training facilities in terms of manpower and resources.

· Operational Aspects

· Franchisee Fee & Share

· Total Investment

· Return On Investment & Profit -----These 7 points should come in a box and the box should scroll

· Franchisee FAQ’s on the left size of the page.

· Courses Offered

· Terms & Conditions
Operational Aspects

All the courses conducted at our franchisee centers would be exactly same as those conducted by PIE Education at the Delhi centre. This includes the Infrastructure, the course material & emphatically the Lecture Presentation.

For all the courses, PIE Education (P) Ltd. will provide the following assistance :

Training of faculties

Provision of study material for students

Lecture wise Power point slides to be shown on LCD projector in classroom.

Lecture wise notes for students

Lecture wise workbook for students

CD-ROM consisting of relevant working programme

Special Courses at the end of the course

Common queries and answers handbooks for instructors

Online query solving facility for Instructors at www.pieeducation.com

Online Examination for students (at franchisee centers)

Certificates signed by PIE Education at the end of the course.

Regular visit by experts of PIE Education to monitor performance and provide further assistance

FRANCHISEE FEE (ROYALTY) AND SHARE

OUR REQUIREMENT

(A) 3000 TO 3500 SQ. FT OF SPACE / INFRASTRUCTURE

(B) ON PRIME LOCATION / EASILY ACCESSABLE

(D) PROFESSIONAL WITH CLEAR TRACK RECORD OF BUSINESS

(E) SOUND FINANCIAL BACKGROUND.

OUR SUPPORT

(A) BRAND NAME TO USE

(B) NATIONAL ADVERTISEMENT IN HT / TOI

(D) PROSPECTUS, BROCHURE, CAMPAIGN(ONCE A YEAR)

TOTAL INVESTMENT

Total

VARIABLE EXPENSES (FRANCHISEE)

Franchisee Faq’s

Question Where can I open a franchisee center?

Anywhere in India, where you get a decent student population

Question If I take up PIE Education (P) Ltd. franchisee, what will the initial start up cost and what other costs will be involved?

It will cover a number of items mentioned in the feasibility report, franchise license, total fit-out, and basic training on the courses and operation manuals. Costs vary depending on the site and final cost can be best determined once a location and site is identified, inspected and finalised. PIE Education (P) Ltd. will provide you with a comprehensive schedule of estimated costs; items such as initial investment, working capital and on-going operating costs are detailed in this schedule. Nonetheless the investment will be to the tune of Rs...... Lacs (Investment vary from city to city).

Question What can be the rate of return, which I/We can expect?

On account of confidentiality, we cannot reveal the exact details. However, after the preliminaries and the investigative report, we would be happy to discuss the financial returns in a personal meeting.

Question What exactly is the PIE Education (P) Ltd. business model?

The PIE Education (P) Ltd. franchisee model is based on a traditional franchising approach where PIE Education (P) Ltd. provides complete know how of all its operating model, teaching methodology, study material, technical expertise, marketing systems, training systems and management methods to the franchisee. It involves the total way of doing business that has been developed by PIE Education (P) Ltd. over the years.

Question What assistance and continued support will I receive?

PIE Education (P) Ltd. is committed to provide every possible support to run your new business successfully. We will be sharing our Brand Name and accompanied Brand Equity with you, so we have our personal interest. Following are the support services provided by PIE Education (P) Ltd.

Training and continuous development to faculties and key Staff

Study material

Working model manual

Teaching Methodology

Marketing and advertisement support in central advertising and promotion and guidelines on local promotional activities.

Centralised Examination and Certification process

Yearly visit by Mr. Raj Kushwaha

The above facilities and support will be strictly governed by the terms and conditions as stipulated in the franchisee agreement operating manual.

Question What if I need assistance with something?

PIE Education (P) Ltd. has a qualified management support team to assist you with any of your problems you may have. Business Development Manager will visit your center regularly to provide product updates and any assistance you may need. Help is only a phone call away.

Question Can the franchisee run its own designed courses in addition to the courses for which PIE Education (P) Ltd. has authorised it?

No franchisee CANNOT run any other courses than the ones that they have contracted with PIE Education (P) Ltd.

Question How many hours a day will I need to work?

This largely depends on your style of working and the number of students you can get. The initial six months require more time as in any business. But after six months 8-10 hours daily is sufficient.

Question Can I take up any other business offer at my PIE Education (P) Ltd. franchisee centre?

As per the agreement you are not allowed to take any other franchisee offer at same premises. It is against our business policy to do so. We vehemently protect our brand name and it is also in your interest to do so.

Question What are the prerequisites for PIE Education (P) Ltd. for a potential franchisee?

We seek the following skills in our potential franchisee

Entrepreneurial skill

Strong motivation

Commitment

Sound Financial Background

Ability to manage finances

Question Is any prior experience on the part of the franchisee required?

Not necessarily. However we prefer to have people with some expertise in franchisees, but as we provide full support, we also welcome people with a strong motivation and commitment and who wish to get into a symbiotic and long term relationship with us.

Question How long will it take to start my business?

Generally 45 to 50 days from signing of franchisee agreement and depending upon site selection and other issues.

Question How many centres can one city have?

The number of centres for a particular city will be decided according to the market size and population. In Metros at the maximum, only 4 centres will be permitted at this point of time. In non-metro cities only two centre will be permitted. However, in metro a franchisee can have license for more than one center but limited to a maximum of 2 centres.

Courses Offered:

Classroom Programme

· PIE Plus

One Year Classroom Programme

· PIE Weekend

One Year / Two Year Classroom Programme

· PIE Foundation

Two Years Classroom Programme

· Regular Class Training Programs

· All India Test Series

· IIT-JEE Mock Tests For Class XI

· Correspondence Courses

· Crash Course

· Pie Weekend Classes

The major revenue component for franchisee will be

a) Fee received from classroom courses

b) Share in fee from non-classroom programmes

The major cost components for the franchisee will be :

i)Royalty to PIE Education (P) Ltd.

ii)Rent of premises

iii)Salaries to faculty members and staff

iv)Advertising and promotion

TERMS & CONDITIONS

1. 3000 3500 Sq. ft of space required on a prime / commercial location of the city/state.

2. The premises should either be owned or should be on rent / lease agreement for a minimum period of three years.

3. The center should be located in a prime locality with all basic amenities available.

4. The space / building in which the center is going to start should satisfy the Municipal standards/ norms, rules & regulations, safety & cleanliness. The premises should not be under dispute or under any legal problems.

5. Approach should be prominent and should be directly accessible. Adequate space for parking should be available.

6. Power supply, telephone connections, filtered drinking water and toilet facilities (separate for His & Hers) should be available in the center.

7. Glow sign / neon sign board / flex sign board should be prepared as per the specifications of Head / Corporate office.

8. Center should have at least four classrooms each with a capacity of 35 40 students, faculty room and administrative wing.

9. Franchisee fee / royalty to be paid in advance before the center is operational. Franchisee share will be in the ratio of 30% (PIE Education) & 70% (Franchisee). Cheques / DD in the form of fee should be in favour of PIE Education.

10. Cost of running the center will be borne by the franchisee. However, an Accountant will / can be deputed from Head / Corporate office.

11. Local marketing & advertising activities or the brand awareness activities to be done by the franchisee as per the guidance of Head / Corporate office. Head / Corporate will support national advertisement through the leading newspapers, TOI & HT.

12. The agreement between PIE Education & the franchisee shall be for a period of three years. This can be extended further on mutual consent of both the parties. The agreement will contain full details of working of the center.