MEGA OPPORTUNITY IN EDUCATION SECTOR
BECOME BUSINESS ASSOCIATE (FRANCHISE)
To become an Engineer and Doctor are too conventional yet powerful career options. In the post liberalisation era when Indian economy is at boom these options have become even more lucrative. An Engineer from a top notch college is in high demand and corporates are willing to pay more and more. In times to come, Indian industry is expected to face an acute shortage of technical manpower, so a technocrat will continue to be in high demand.
Coaching industry for Engineering & Medical Entrance exams is worth in hundreds of crores. If you want to be a part of this ever growing industry then this offer is for you.
MOMENTUM is a strong brand in central India having its presence in JABALPUR, NAGPUR, GWALIOR, AAMRAVATI, REWA & BALAGHAT with a student base of thousands. Our model ensures high profitability for our franchisee centers. We are looking to reach out to as many students as we can through development of mutually beneficial association with others. We are prepared enough to support a Franchisee centre anywhere in India.
Economically sound individuals / firms who see an opportunity in education sector or teachers involved in tutoring business can apply for a Franchisee.
For more details you are welcome to contact us.
MESSAGE FROM DIRECTOR
Dear Potential Associate,
Thank you for your interest in MOMENTUM. We are a successful institute in Pre Engineering & Medical tutoring industry at JABALPUR , NAGPUR, GWALIOR, AMRAVATI, REWA, and BALAGHAT. Now we are ready to reach out to as many students as we can through development of mutually beneficial association with others. We are interested in working with like minded people who share our ideal to promote & propagate our professional coaching methodology and create a long term sustainable business.
We are a professionally managed institution with sound infrastructural background and quality workforce. Our institute has stood the test of time and our students are regularly making it to the top colleges in India.
MOMENTUM�s head office at Jabalpur has a full fledged marketing cell, research & development wing and a quality conscious academic section.We have an even expanding input of students every year & we wish that as a serious entrepreneur, you also will benefit from the brand & goodwill that we have established.
It is important to note that we expect you to invest a fair amount of time & energy to make the project a mega success. In no case our goodwill will be allowed to get tarnished by half-hearted efforts.
Please fill up the enclosed Application form & send it at our Jabalpur�s Head Office for evaluation.
We hope that we will be able to work with you & develop a long standing relationship that will be beneficial to all of us.
Awaiting your early response
WHY YOU INVEST IN COACHING
- Coaching is a minimum risk and high return business.
- According to the Associated Chambers of Commerce (ASSOCM) and Industry, the size of the coaching industry is Rs 20,000 crore.
- Times of India had recently done a survey of the coaching classes at Kota, the hub of the Pre Engineering & Medical coaching industry, and arrived at a ballpark figure of Rs 550 crore for the size of the industry there. At least 50% of the students who appear in the entrance tests for admissions to IITs and other engineering colleges enroll with coaching centres to beat the cutthroat competition, ASSOCHAM said.
- With the demand for qualified engineers and related job profiles increasing in the country, the HRD ministry has been making a concerted effort to increase the number of skilled and competent professionals India produces. As a result the intake of students in premium engineering colleges like IITs is set to go up substantially .Government is planning to increase the number of IITs and AIIMS If this happens then the coaching market will just double.
An interesting trend over the last 3-4 years has been the increase in the number of IITJEE applicants from Tier 2 and Tier 3 towns. A substantial number of students from smaller cities are now clearing IITs, hitherto considered a bastion of big town students.
WHY MOMENTUM ?
Better Chances of Success : When you associate yourself as a franchises of a reputed group you get the authorization to use and commercially profit from the established brand name of the parent company like MOMENTUM. Otherwise, it is very expensive and time consuming to build & sustain such a good brand which can give instant recognition.
A proven Methodology : You get �best proven practices� to develop your business quickly. After you associate with us, all the best practices of this education business are implemented at your business place by our management team.
Keeping Pace with Changing Times : Product innovations and tracking of changing market requirements are fundamental to the business survival these days. For start up business, it is not possible to conduct these activities on regular basis. But you, as our associate need not worry about these problems because your parent company is strong enough to carry out consistent R & D and pass on the knowledge & product to you.
Following are some facts you must know …
- Within a short span of 7 years MOMENTUM has established itself as a strong brand.
- Starting at Jabalpur, presently we have centres at Nagpur, Gwalior, Rewa & Amravati also.
- Our director�s are very experienced teachers themselves and three of them are IIT ians.
- We have a sound infrastructure at all our three centres to cater to the need of upcoming centres.
- We have a talented and well trained work force to meet all the challenges.
- Our team is young, dedicated and hardworking.
What Qualities I/We must Possess in order to get a Franchise ?
- An entrepreneurial spirit with strong desire to succeed.
- Willingness to devote time & efforts for this venture.
- Sound financial background and ability to manage finances.
How exactly I Can Start a Centre ?
- If you make up your mind, fill up the application form and send it to us at the address of our head office in Jabalpur.
- We will evaluate your application and call you if we find you fit for the task.
- A presentation will be organized by us at our Head office at Jabalpur which will intend to clarify several functional &financial aspects of the business.
- Then you discuss the venture with your family & friends to assess the viability & suitability.
- Once each of us find each other suitable we will sign the MoU.
- As per your need recruitment & training of faculty will begin immediately.
- Legal paper , initial payments � these formalities will be completed.
- Assistance to start the venture wil/l start immediately after this.
How Long will it take to Start my Business ?
- Generally 1 month time will be sufficient after signing of MOU. However, the period will depend mainly on site selection & other issues.
What are basic requirements to start ?
- Floor area of 2500 to 3000 sq ft. Capacity of investing 10 � 15 lakhs in starting.
What Kind of Return is expected of this venture ?
- There is lack of standard and organized coaching. Students normally move to bigger cities after 10th and 12th. Because we teach in English and Hindi both market for us is wide. According to our analysis you will have been paid back of your investment within six to twelve months. Exact Idea of the kind of return that is expected shall be discussed in our personal meeting so as to keep the issue confidential.
What Kind of Control MOMENTUM will have on Franchise ?
- As far as fulfilling the needs of our system is concerned we will be demanding. However, on all other issues we are a family � a community of equals. We will be free to conduct regular audits to ensure standardization of system across all centre.
Shall I/We Devote Full Time to this Business ?
- If possible, it will be good. If not, you need to appoint a responsible full timer to look after the project.
Is the Franchise Allowed to run its Own Designed Courses apart from MOMENTUM�S Courses ?
Can I take up any other Business offer at my MOMENTUM�s Centre ?