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What are the requirements for starting a school?
Investment : Construction cost of min 90,000 sqft over 3 phases. Owned land - 2-3
acres or more.
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Who will take care of legal approvals?
We will provide guidance and act as your consultant for you to make sense of the
legal approvals. The onus of execution and completing the formalities will be on
the business partner
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What is the process of getting CBSE affiliation?
We will guide the Business Partner through the entire affiliation procedure by providing
necessary knowhow, guidelines and consultancy. The only thing the Business Partner
needs to do is to abide by our prescribed norms and take care of the final execution.
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What are the requirements for starting a school?
Investment : Construction cost of min 90,000 sqft over 3 phases. Owned land - 2-3
acres or more.
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What is the procedure to form a trust?
We will guide the Business Partner how to form a trust after they sign the Franchisee
Agreement with us. We will give them guidance on the trust composition and other
various aspects of trust formation. The end execution of the formation of the Trust
has to be done by the BP through his attorney
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What are the state level regulations on starting a school and the fees and other
charges?
The State Government does not have any regulation on the fees structure. Before
the school starts, an approval needs to be taken from the State Education Board.
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What is Vaishvik Shodh's role in this? What support does Vaishvik Shodh offer?
Vaishvik Shodh will provide end to end consultancy in setting up and operationalising
the school. The support spans from Trust Formation to Operationalising and capacity
planning for the school. The important area where Vaishvik Shodh Pvt Ltd will support
the business partner are: providing week by week project implementation plan, layout
plan of the school, rolling out academic calendar, procurement of necessary classroom
and lab equipments, recruitment of principal and teaching manpower, consultancy
on all legal formalities and CBSE affiliation, Training to Principal and Teachers
and counsellors, Academic content, financial planning, overall school management,
Brand management and marketing, Parents interactions, academic evaluation and content
upgradation, setting up of school management committee, making lesson plans, Operationalising
and capacity planning
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Will Vaishvik Shodh manage the school?
VSPL will not manage the school on the business partners behalf. The school will
be run by the Business Partner. VSPL will give the necessary guidance in delivering
the content and maintaining the quality in a seamless manner
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When will the project breakeven?
This will depend on the location of the school
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What are the expenses other than the building and furniture?
Other than building and furnitures, other expenses are manpower, marketing, transportation,
franchisee fees, royalty, necessary legal duties and fees & administrative costs.
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What are the requirements for starting a school?
Investment : Construction cost of min 90,000 sqft over 3 phases. Owned land - 2-3
acres or more.