Franchisees

UNIQUE SUPER FRANCHISEE MODEL

The concept of franchising is based and followed on a proven method of operating a business. A franchisor like SBA develops a business format over the years. In such an event the chances of success as a franchisee is many times higher than running an independent business.

In fact the US Dept. of Commercial Services states that 90% of all independent business fail whereas 95% of all franchisees succeed.

What Are The Benefits Of Becoming A 'Certified Business Professional' Franchise?

Readymade International Business Model

The franchise business is ideal for those who wish to enjoy the freedom of business. Here you get a readymade business model, which is refined over the years by the Franchisor. With limited investments and minimum start-up challenges, you can leverage on the expertise, experience and name and have your business rolling. Besides, you also receive training and continual support for trouble shooting and problem solving.

Universal Applicability, Greater Demand

Certified Business Professional course is the only course that combines IT @ Work and Business skills. What separates the Certified Business Professional program from the rest is its universal applicability. Students have the flexibility to replicate this training across industries and make the most of the available business opportunity, thus magnifying its demand. Add to that the International Certification; the students are bound to receive special preference in competitive interviews.

Market Driven Curriculum

Every course material is designed and developed by experts from the respective industry. This enables us to make improvements and update the courses as per the market needs. Since the course is in sync with the market requirements, it raises the chances of our students being selected at leading organizations. Further, this also gives us the advantage to add new curriculums based on the developments and changing needs of the industry.

End-to-End Support

• Complete business orientation and training.
• Complete Knowledge transfer on Business Know-how.
• Orientation on processes and its implementation.
• Assistance in recruitment of staff
• Assistance in the accounting process.
• Marketing Support
• Comprehensive Counseling Procedure.
• Periodic training and supervision of the marketing personnel.
• Complete course materials developed by industry experts.
• National level branding.
• Faculty Training Support
• Periodic training and supervision of trainers in addition to initial training.
• Assistance to tackle any challenges and problems.
• Licensing Rights: You will receive the rights to operate under the SPEAR BUSINESS ACADEMY's corporate identity and receive the full range of Franchisor Support Services for a defined territory.

Offer Certifications to B-Schools, Engineering Colleges, Corporates, Corporate Training Companies & other Education Training Companies

Being the only exclusive Partner in India to offer the World recognized CBP Certification (CERTIFIED BUSINESS PROFESSIONAL), our Franchisees can offer these Certifications to Colleges, Corporates, Corporate Training companies etc.

Franchise Acquisition -Frequently Asked Questions

Q1. Which provides a better return on investment?

There is little evidence to suggest that buying an existing store will generate a better return on investment than a new outlet. Existing outlet: This may appear lower risk as it is an already established business with existing performance indicators and regular clientele. However, even a site that has been profitable is not a guaranteed success for future owners – this is dependent on the hard work and attention of the owner.

New outlet: Although it may appear higher risk and will require a lot more work up-front to raise the profile of the business, there are benefits. A new site is a clean slate and owners won’t have any hangovers from the previous owner’s choices, mistakes or reputation.

Q2. What are the Qualifications for owning SBA Franchise?

The 2 major criteria we evaluate before offering SBA Franchise is

1. Partners Academic background
2. Partners Professional background.

• Cash liquidity requirement: Rs 8 lakhs – Rs 10 Lakhs (excluding Capex)
• Business Experience: Industry experience or General business experience, Marketing skills
• Operations – Absentee ownership of franchise is NOT allowed.
• Royalty- 20% , Agreement Period -3 years
• Training & Support – TTT for your new hires at HO or State centre, Marketing strategies, Sales Promotion Programs, Creatives for promotions, Meetings, Operation support processes, Certification, Indent Policy,

Q3. Why education franchise ? What is the scope of Vocational Training ? What type of programs are available from SBA?

• A booming young population
• Demand for quality education
• Spends on private education to increase to $ 80bn by 2012
• Non-formal segments are fast-growing areas of the education landscape - 18% CAGR expected against 13% CAGR for the formal education space.
• The $ 50 bn education market, estimated to expand to $ 80 bn by 2012 This reinforces the scope of vocational Skill development training & Certification in India.

Q4. When someone starts a franchise, it is a small business idea transforming into reality. He works with a Franchisor to seek guidelines and support to shorten his learning experience. What are the Roles of Franchisor and franchisee ?

Franchisor - Operational guidelines, Sales Strategy, National Level Placement tie ups, Branding ideas, New Course Development, International Affiliations, Govt Affiliations, Alliances, Content Aggregation, Industry Vetted Curriculum, Train the Trainer & certifications, Quality Audits etc

Franchise - Responsible for the functioning of the center • Local Area Marketing • Local Placement Initiatives

• Staff Recruitment
• Center/Sales Operations
• Go to market initiatives − Infra
• Local Area Marketing
• Local Placement Initiatives

Q5. Is taking up education Franchise good for me? Would I have a profitable franchise venture ? Which franchise is the most lucrative option for me ?

If you like the idea of being self employed yet entering the marketplace with an already established business then a franchise might be a good opportunity for you. If you love Education field, interacting with students, job seekers and working executives, understand the meaning of Quality education & delivery- then SBA’s  franchise opportunity waits for you.

However, there is a lot to learn about franchises before taking a leap into this entrepreneurial world. Your previous business experience, amount of investment, and personal preferences will play a huge role in whether or not you are suited for a franchise. Plus, you will need to have a franchise idea to help you get started.

All franchises have the possibility of being lucrative and they all have the possibility of failing. Most of the time the making or breaking of a franchise is the franchise owner and his ability to overcome problems that present themselves not to mention staying dedicated to the franchise at all times. There are three basic types of franchises, including wholesale distribution, products, and services. The type of franchise you should pick is not the one that has the supposed possibility of making you the most money because this simply won’t work. The most lucrative franchise for anyone is the one they find enjoyable and don’t mind dedicating all their free time to making a success.

Q6. What Franchise Idea is Best for You?

Now that you have evaluated your liquidity, total investment, and personal business experience you are that much closer to finding the right franchise idea. Remember, however, that while having the financing and experience down there is still one very important element. What’s left you might be wondering? The answer is personal interest. If you are not personally interested in selling training’s and making the general public want to get trained more and more then you are going to have a tough time making your education franchise a success. So, when considering franchise ideas keep these three key points in mind, investment, experience, and personal interest, to make sure you find the best franchise for you.
Support to Franchisees

Interested Franchisees should fulfill the given criteria:

• Involvement in day-to-day operations
• Work experience of 3-5 years in Education field would be an added advantage.
• Should have a space of 1000 – 1200 sq ft carpet area
• Investment capacity of 8 - 10 lakhs

Startup support

• Startup Kit for setting up SBA Centre
• Business Management Training
• Marketing and Advertising Support
• Sales Training
• Recruiting and Management Training
• Induction Support and Training

Ongoing Business Support

• Business Coaching
• Annual Conventions and Mid Year Meets
• Business Support Phone Line
• National Placement Support
• Quality Support
• Financial Management Coaching

Technical Support

• Technical Support and Assistance
• Regular Course Upgrades
• Ongoing Technical Training
• International curriculum

Adverting and Marketing Support

• Support in Sales and Marketing
• Marketing Planning
• Media Buying and Budgeting
• Local Area Marketing Support

For details email us at info@spearbusinessacademy.com.