“Little Falcons” acknowledges that to benefit Kids and Parents at scale & across variegated geographies, the Company must facilitate its Kindergartens in every prime vicinity. To enable the same, Little Falcons offers Multi-tier Scalable Franchise / Channel Partnership Services.
The core objectives behind developing Franchise Service stack are:
With current Market Size of $3.25 Billions, Early-age Education Industry in India is expected to cross $14.2 Billions by 2027 at a CAGR ~27.6%. This is tremendous. With NEP 2020 & NIPUN Bharat Initiatives, Government of India has strongly presented its serious priorities and intent towards empowering the ECCE Industry with more Compliant & Guided Pedagogies to follow and base classroom practices upon.
While Education is seen as the most Successful Business domain after Healthcare, as a business opportunity, Early-age Education/Childcare is one of the few sectors that yields consistent healthy returns, zero-credit Cash Movement & early break-even. With 33,000 Pre-school currently operating in India, the opportunity in Tier 1,2 & 3 demographics is still largely untapped & early-age education/ childcare services unorganized.
On ECCE, average spending by Parents in Tier 1 cities ranges from 45,000 INR to 80,000 INR while in Tier 3 cities, it ranges from 29,000 INR to 45,000 INR. Thus, establishing a positive payability trend towards Early Education & Child Care. Corporate Childcare in Metros & Tier 1 Cities have created yet another opportunity vertical for the industry.
Sustainability & Success Franchising depends upon several factors and one of the major determining aspects is - who is the Right Partner? That’s where it is important to sketch an appropriate Partner persona & set required eligibility.
We are hunting for Edupreneurs inclined towards creating genuine value in Ealy Age Education. On the same lines, to recruit Little Falcons’s Prospective Franchise Partners, the company has delineated following eligibility criterion:
With respect to Geographical Authority, LF’s Franchise Model offers three types of Partnership Programs: