‘Kindercare’ is a successful brand name in the field of playschool across the country. They decided to increase the number of branches all throughout the country. For this purpose they decided to give exclusive rights to individuals in return for a regular payment. The various conditions included were:
a. Interested individuals need to have Minimum 2000 feet area and are ready to invest around 10,00,000.
b. Books and uniform to be procured from Kindercare headquarters only.
c. Content, technical and accounting assistance would be provided.
d. Teacher training for a month. Identify and explain this type business opportunity offered by ‘Kindercare’.