Join Sarthaks eConnect Today - Largest Online Education Community!
0 votes
26 views
asked in Entrepreneurship by (76.5k points)

‘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’.

1 Answer

+1 vote
answered by (86.7k points)
selected by
 
Best answer

Business format franchise opportunity- In this approach, a company provides a business owner with a proven method for operating using the name and trademark of the company. The company also provides significant amount of assistance. 

Welcome to Sarthaks eConnect: A unique platform where students can interact with teachers/experts/students to get solutions to their queries. Students (upto class 10+2) preparing for All Government Exams, CBSE Board Exam, ICSE Board Exam, State Board Exam, JEE (Mains+Advance) and NEET can ask questions from any subject and get quick answers by subject teachers/ experts/mentors/students.

One Thought Forever

“There is a close connection between getting up in the world and getting up in the morning.“
– Anon
~~~*****~~~

Categories

...