HOME     PROFILE     OBJECTIVES     FEEDBACK     CONTACT US 

VISION KOTA

ABLES Franchisee
How BIG the Market
Opportunity Message
Why ABLES
What ABLES Franchisee Gets
Ideal ABLES Franchisee Profile
Frequently Asked Questions
Franchisee Application Form

FAQ (Frequently Asked Questions)
Q.1 Why should one opt for franchise?
Q.2 Why ABLES Franchisee?
Q.3 What are the disadvantages if I start my own education centre without taking any franchise?
Q.4 Where can I open franchise centre?
Q.5 What can a franchise do for me that I cannot do for myself?
Q.6 What will be the investment expected to be made by me/us?
Q.7 What can be the rate of return which I/we can expect?
Q.8 What exactly is the ABLES business model?
Q.9 What assistance and continued support will I receive?
Q.10 Is any prior experience on the part of the franchisee required?
Q.11 How long will it take to open my business?
Q.12 Can Franchisee run its own designed courses in addition to the courses for which ABLES has authorized it?
Q.13 Can I take up any other business offer at my ABLES Franchisee centre?
Q.14 What qualification does ABLES Seek in its potential franchisee?
Q.15 What if I need assistance with something?
Q.16 How many hours a day will need to work?
Q.17 What about the nature of this business?
Q.18 What are these ''systems''?
Q.19 How will I ever learn about all these Systems?
Q.20 What is the need for such elaborate systems?
Q.21 But systems mean rigid bureaucracy …
Q.22 Will the ABLES-HQ exercise strict control over my operations?
Q.23 Is this business socially respectable?
Q.24 What is the fee collection system and how will the accounts be maintained?
Q.25 If I am not able to do a good job, what will happen?
Q.26 Does ABLES have any Postal course also?
Q.27 Can I take up this proposal as a part-time business?
Q.28 What will be the nature of the organization?
Q.29 Is there any scheme for refunding of the Franchise Fees or the Royalty at any stage?
Q.30 ABLES has decided to bring high quality classroom training of students in cities and towns through the Franchisee network.?
Q.31 What is my role as a Franchisee?
Q.32 Who can apply to become a franchisee?
Q.33 How exactly do I go about starting the centre?
 ^ Top
Q.1 Why should one opt for franchise?

Ans. In all human endeavor a learning process is involved. This requires going through a series of trial and error encounters wherein knowledge is gained by trying and failing and thus called the learning curve. In the context of franchising, the franchiser has already gone through the learning curve and has learned the secrets of success for the specific business. Also, Industry statistics show that the franchise failure rate is very low as compared to all new independent businesses. So by investing in a franchisee project, the risk of failure is greatly reduced.

 ^ Top
 
Q.2 Why ABLES Franchisee?

Ans. ABLES is the premier institute in high quality training for IIT - JEE / AIEEE/ CPMT and other management entrance exams. Over the last 06 years, it has developed unique teaching methodologies and its students have experienced extra-ordinary success at the IIT - JEE/AIEEE/CPMT exams in India.

 ^ Top
 
Q.3 What are the disadvantages if I start my own education centre without taking any franchise?

Ans. If you start an education centre at you own level, you will face the following problems :

  1. Brand Image :
    As you are aware that this is a consumer world. To exist in the market, you need to have a brand image. Only then students and their parents will have confidence in you. If you start your own center then developing brand image of your own center will consume 3 - 4 years of time. It is further possible that discouraging results at the initial stage may force you altogether to drop the idea of creating it. Mean while career conscious students would prefer to join an institute which has an existing brand image. This way, if you fail to attract students in a sufficient number, your project will not remain cost effective and viable which means you may not be able to provide quality services to the students. During the course of this period some one else will grab this opportunity and cut a sizeable strength of students and the market terribly shrinks for you. On the other hand, ABLES established image spreading all through the country for imparting quality education, will offer you a ready market. You can reap the harvest from the day you start your business in association with ABLES.

  2. Study Material :
    To run an institute successfully one requires a very high quality study material. To develop excellent Study Material, one has to be well experienced, at the same time developing Study Material is a time consuming and a very costly process. The cost involved in developing material is so high that if you develop it for yourself then profitability of your project will be severely affected and your project would turn out to be a sick proposition. ABLES has over 3 years experience in developing most efficient and effective study material which is prepared by a highly experienced faculty, incorporating in it, the latest changes on minute to minute basis as per guidelines of ABLES R & D cell. We have already invested a huge sum in developing the study material which will be available to you at very low cost. You can have a straight excess to it by simply taking a ABLES franchise.

  3. Management Know How to run Institute :
    You need to have management skills, experience and know - how if you start your own institute. Apparently education seems an easy business, but like every other business it has its own problems, troubles & risks. For you, getting familiar with the business and the complications involved will be a time consuming affair. It may be possible that due to lack of management skills and know-how, you have lost the entire market. We have been into this business from last 3 years. We have developed finest methodology to run this business as a successful venture. We know all the complications one might face during the course of operation. We will provide you with all the skills necessary to run the business and ready made solutions to all your problems.

  4. Teaching Methodology :
    Teaching methodology plays a key role in the business. In fact, it is the heat of this business. If you intend to develop & implement your own methodology, it will again be time consuming, expensive and highly risky. ABLES has developed the most successful teaching methodology, the results of which are a large number of students securing top ranks in IIT-JEE, Engineering Entrance Examinations, CPMT and other medical entrance examination. The teaching methodology developed by ABLES is highly scientific and is recognized all across the country. By being our franchise we will provide complete assistance in implementing these methodologies & other practices at your institution.

  5. Faculty recruitment & Training Support :
    Being new in the field, you will neither be able to select the right faculty for you nor you will be able to train them. Without good and trained faculty it is impossible to run the institute successfully. But if you join hands with ABLES, then you will get assistance in recruiting the right faculty members. We will also provide training to your faculty members to implement our teaching methodology. In all, if you consider all the above factors, you will find, it is always better to associate with a group like ABLES which is well established in the field and offering you promising and ready made market rather than to start a business from zero.

 ^ Top
 
Q.4 Where can I open franchise centre?

Ans. Any where in India/UAE/Other Countries where students of Indian origin are preparing for Indian competitive examinations like IIT-JEE, Engineering and Medical Entrance Examinations.

 ^ Top
 
Q.5 What can a franchise do for me that I cannot do for myself?

Ans. A franchise is already a functioning business model. While entrepreneurs must utilize thousands, millions or even billions of rupees in order to set up a profitable business model, a franchisee can step into an already established concept, with much less risk for failure involved. For example, are you aware that as many as 80% of new business start-ups fail each year? An already functioning business model will put you heads and shoulders above the novice entrepreneur who not only needs to generate profits, but also needs to develop a profitable business model.

 ^ Top
 
Q.6 What will be the investment expected to be made by me/us?

Ans. The investment will have to be made largely in the following areas :

  • Investment in building rent, Infrastructure, interior & office equipments.
  • Upfront franchise royalty payable to ABLES.
  • Working capital for initial expenses in promoting and establishing the center.
 ^ Top
 
Q.7 What can be the rate of return which I/we can expect?

Ans. When you complete the application form, at the end you would yourself realize the returns on your investment. On account of confidentiality, it is not suitable to lay out a definite percentage of rate of return. The same can be discussed in our personal meeting once you have sincerely made up your mind to undertake this venture.

  • However according to our analysis of each centre, you will have been paid-back of your investment in just 6 months.
 ^ Top
 
Q.8 What exactly is the ABLES business model?

Ans. The ABLES franchise model is based on a traditional franchising approach where ABLES provides complete know how of all its operating systems, teaching methodology, study material, technical expertise, marketing systems, training systems and management methods to the franchisee. It involves the total way of doing business that has been developed by ABLES over the years. Against it ABLES will charge fee. The major revenue component for franchise will be :

  • Fees received from classroom courses.
  • Share in fee from non-classroom programs. The major cost components for the franchise will be :
  • Royalty to ABLES
  • Rent of premises
  • Salaries to faculty members and staff.
  • Study Material Cost
  • Advertising and promotion
In brief, the ABLES franchisee model is developed in such a way that you will get highest returns on your investment. All the minute details can be ascertained at the time of our personal meeting.
 ^ Top
 
Q.9 What assistance and continued support will I receive?

Ans. As we already explained it in detail in our profile that ABLES will provide all kind of help to its franchise to run the business successfully. In brief, the support and services can be summaries in the following manner-

  1. Established Brand Name and accompanied Brand Equity.
  2. Training to key personnel and promoters.
  3. Study material.
  4. Franchise working manual with complete know-how to run the institute.
  5. Teaching Methodology.
  6. Assistance in recruiting the faculty and faculty training support.
  7. On going business guidance.
  8. Total support on marketing front as in central advertising and promotion plus the guidelines on local promotional activities. The above facilities and support will be strictly governed by the terms and conditions as stipulated in the franchise agreement & operating manual.

 ^ Top
 
Q.10 Is any prior experience on the part of the franchisee required?

Ans. Not necessarily, a franchisee should be keenly enthusiastic about a franchisor product or service. This enthusiasm must be reflected in your business and work environment, to encourage your staff as well as students.

 ^ Top
 
Q.11 How long will it take to open my business?

Ans. Generally 30 to 45 days from signing of franchise MOU depending upon site selection and other issues.

 ^ Top
 
Q.12 Can Franchisee run its own designed courses in addition to the courses for which ABLES has authorized it?

Ans. No. Franchisee cannot run its own designed courses.

 ^ Top
 
Q.13 Can I take up any other business offer at my ABLES Franchisee centre?

Ans. Strictly No. At Vision Kota franchisee centre, you will not operate any other business nor start a franchisee of any other institute. You are not allowed to use the premises for any other activity. The reason being very simple that it will dilute your concentration from ABLES business association. A little diversion may turn out to be a big disadvantage to you. More Over, These moral binding are part of any business ethics.

 ^ Top
 
Q.14 What qualification does ABLES Seek in its potential franchisee?

Ans. The following qualifications, among others are essential in order to be considered for ABLES franchisee.

  1. An entrepreneurial spirit & strong desire to succeed.
  2. The ability to motivate and train people
  3. The willingness to personally devote full time & best efforts to the day to day operations of the centre as an on premise franchisee.
  4. The ability to manage finances
  5. Sound Financial background.
 ^ Top
 
Q.15 What if I need assistance with something?

Ans. VISION Kota has a qualified management support team to assist you with any queries or problems you may have. Franchise Manager / Franchise Executive will visit your centre regularly to provide product updates and any assistance you may need. Help is only a phone call away.

 ^ Top
 
Q.16 How many hours a day will need to work?

Ans. This is up to you, your attitude will decide your attitude, but the amount of time and effort you put in will determine the level of reward. Initially, as with any small business, more time is needed to set up and become familiar with the operations. Usually within six months, the hours become more regularly.

 ^ Top
 
Q.17 What about the nature of this business?

Ans. This is an educational service being provided by ABLES to its students. Our liability is limited to providing quality education as specifically written in the Course Prospectus. We do not give any guarantee for selection in any specific institute whatsoever.

 ^ Top
 
Q.18 What are these ''systems''?

Ans. The whole success of our potential franchisee (or franchisee) depends on how effectively we can transfer our systems to him. These systems shall be :

  1. Student Enquiry Handling System
  2. Student Registration System
  3. Teaching System
  4. Test Conducting System
  5. Test Feedback System
  6. Personal Interview Training System
  7. Study Material Ordering System
  8. Feedback System
  9. ABLES Franchisee - ABLES HQ Interaction System
  10. Accounting System
  11. Troubleshooting System
  12. Advertising & Promotion System
  13. Office maintenance System
  14. Internet Connectivity System etc.
 ^ Top
 
Q.19 How will I ever learn about all these Systems?

Ans. We will train you. We will provide you with ample printed reference material and the biggest strength of our training system - Operations Manual about each and every facet of the business.

 ^ Top
 
Q.20 What is the need for such elaborate systems?

Ans. Without these systems, your business will fall apart like a pack of cards! Take our word for it. In this mercilessly competitive world, unless you are having well-designed systems that can run by themselves with just your supervision, there is no way you can succeed.

 ^ Top
 
Q.21 But systems mean rigid bureaucracy …

Ans. Not at all. If you have well-designed systems, people start trusting your organization. They know that you can be CONSISTENT in delivering the goods. They know that your quality will be maintained ALWAYS. They will develop TRUST in you.

 ^ Top
 
Q.22 Will the ABLES-HQ exercise strict control over my operations?

Ans. Yes. As far as fulfilling the requirements of our systems are concerned, we will be demanding! However, at a personal level, we remain a family and as stated earlier, a "community of equals." There are regular centre audits performed by ABLES HQ to ensure that adequate guidance can be provided to ABLES centers from time to time to ensure standardization and uniformity of standards across all centers.

 ^ Top
 
Q.23 Is this business socially respectable?

Ans. The kind of social esteem you get and the amount of monetary gains you can expect are proof enough for the in built credibility and success factor. Once you start your business, within a couple of years, you will be surprised to see the kind of recommendations you will get to admit students in your institute! Believe us, there is a lot of prestige associated with this. As we say fondly, there is no other business where young people (students) will come and touch your feet (teacher's) for the value-addition they receive!

 ^ Top
 
Q.24 What is the fee collection system and how will the accounts be maintained?

Ans. There is a specific system for that. We will inform and train you for that, if you are finally selected.

 ^ Top
 
Q.25 If I am not able to do a good job, what will happen?

Ans. The market will take care of that. Your business will go down, and you will not be able to sustain it. However, that is almost impossible as we will select only the deserving people and train them adequately.

 ^ Top
 
Q.26 Does ABLES have any Postal course also?

Ans. Yes. We have a full-fledged postal course also which is an independent venture. Your business will in no way be adversely affected by that.

 ^ Top
 
Q.27 Can I take up this proposal as a part-time business?

Ans. SORRY!! This is not acceptable to us. We only want those who can trust us and give their best to this business. Half-hearted efforts will be useless. Hence we would like to make a sincere request. Only those willing to take the plunge, need apply.

 ^ Top
 
Q.28 What will be the nature of the organization?

Ans. You can take up this venture as a proprietorship concern. You will file your separate income tax return. Also, you make take this up in the name of a corporation, company, firm, partnership firm, society etc. What ultimately will matter to us is the dedication of the key person behind the project, who necessarily has to be a full-timer.

 ^ Top
 
Q.29 Is there any scheme for refunding of the Franchise Fees or the Royalty at any stage?

Ans. NO. There is no provision for refunds of any nature whatsoever. Please understand carefully that our proposal is only for those who wish to stay in this line for a very long period of time (say, at least 10 years). For fly-by-night operators, we hardly have any scope.

 ^ Top
 
Q.30 ABLES has decided to bring high quality classroom training of students in cities and towns through the Franchisee network.?

Ans. ABLES has already made huge investments in Courseware development, processes, systems and teaching methodologies and has successfully implemented through its existing franchise network. This will enable all franchisees a head start in their first year of operations.

 ^ Top
 
Q.31 What is my role as a Franchisee?

Ans. The franchisee should ensure the success in the following areas

  1. Provide standard infrastructure as per ABLES standards
  2. Conduct classes and ensure quality of courses conducted in the Learning center
  3. Recruit and lead a team of faculties and support staff
  4. Administration and management of the center
  5. Assistance and Co-operation to the Company marketing team to conduct seminars, student counseling camps and other promotional events
  6. Understand market requirements and work with ABLES towards new product development
 ^ Top
 
Q.32 Who can apply to become a franchisee?

Ans. ABLES is looking for the following profile of people:

  1. People associated with the field of education
  2. Young entrepreneurs looking to open a new business
  3. Persons with a good knowledge of the chosen city.
 ^ Top
 
Q.33 How exactly do I go about starting the centre?

Ans. First of all, you have to study the Infopack very carefully. Then the presentation made by the ABLES HQ authorities will clarify several functional and financial aspects of the business. Then you discuss the venture and its prospects with your family and friends to assess its viability and your suitability. Then, once you make up your mind, indicate so to the ABLES HQ people by filling the Franchise Application Form and they will have a detailed discussion with you at a personal level. Once both of us find each other suitable, we will initiate the formalities of the venture. These will include site surveys, legal paper formalities, initial payments, interior decoration of the office as per the standard norms etc. As per your requirements, faculty recruitment and training will begin. The exhaustive training to be provided will be spread over 15 to 20 days at the ABLES HQ KOTA. YOU have to necessarily attend it along with other proposed functionaries. Then the centre will start.

 ^ Top
 

These FAQs are indicative in nature. In case you have more questions please feel free to talk to us directly on 09794696000, 09928030249.

 

Site Developed and Hosted by JainaSoft Technologies