The Management Model is the most revolutionary business model among the school entrepreneurs who wanted to grow with the business flow keeping the initial risk part protected. To start an education project, especially a preschool project one requires initial capital expenditure as well as operational funding for primitive years to reach the break-even point, thus the Management Model has been developed keeping in mind the risk factors of the business and an entrepreneur’s comfort level to enter into the education business.
In this model the smaller entrepreneurs (Associate Partners) not only get his/her exposure in the business activities such as Marketing, Financial control, Operational and strategic part of the business, but also start earning very quickly as the major operational cost is taken care by the Management Partner (Brand).
Since the Management Partner carries the knowledge and technical know-how of day to day operations of the business so automatically the risk factors of operational overheads go to Management Partner’s part. Moreover the salary of the School head is borne by the Management Partner, so here also the initial pressure of human resource cost has been released for the smaller entrepreneur (Associate Partner).
In terms of the Capital Expenditure of the Preschool project, Management Partner (Brand) took the major role to invest in setting up the School Unit. Whether we talk about the School academic Infrastructure (Teachings Aids, Learning Equipments, Furniture, Play Equipments, etc.) and Non-Academic Infrastructure (Reception office, Glow sign board, waiting area etc.) it is taken care by the Management Partner (Brand).
What Management Partner brings on Table? (Grovill Education)
– Major overhead Expenses
In this model the smaller entrepreneurs (Associate Partners) not only get his/her exposure in the business activities such as Marketing, Financial control, Operational and strategic part of the business, but also start earning very quickly as the major operational cost is taken care by the Management Partner (Brand).
Since the Management Partner carries the knowledge and technical know-how of day to day operations of the business so automatically the risk factors of operational overheads go to Management Partner’s part. Moreover the salary of the School head is borne by the Management Partner, so here also the initial pressure of human resource cost has been released for the smaller entrepreneur (Associate Partner).
In terms of the Capital Expenditure of the Preschool project, Management Partner (Brand) took the major role to invest in setting up the School Unit. Whether we talk about the School academic Infrastructure (Teachings Aids, Learning Equipments, Furniture, Play Equipments, etc.) and Non-Academic Infrastructure (Reception office, Glow sign board, waiting area etc.) it is taken care by the Management Partner (Brand).
What Management Partner brings on Table? (Grovill Education)
Capital Expenditures
Operational Expertise
Robust curriculum
Operational Overheads
– Salaries of head of the school
– Major overhead Expenses
Initial Branding of the school
Day to day awareness campaigning (on equal cost sharing basis)