| 1. I am keen on starting
a Rustomjee school. I am quite confident of myself and being
able to fulfill the requirements including all the necessary
investments as indicated in the franchisee application form.
What should be my next step? |
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NEXT STAGES
- Please send the completed and signed Franchisee Application
Form to the following address:
The Director
Rustomjee Cambridge International School
Rustomjee Acres, Rustom Irani Marg
Dahisar (West), Mumbai 400 608
Tel. 022-28924829
- Please ensure that you send 5 self-addressed envelopes
along with the Franchisee Application Form
- On submission of your Application, your application
will be evaluated for its merits, and if you are shortlisted
to the next stage of the Franchisee Appointment Process,
then a team appointed by Rustomjee will carry out a site-recce
and an evaluation report will be submitted to the head
office.
- The Head Office will review the evaluation committee's
report and then invite you for a detailed interview with
the Board Members to assess the organization fit with
the prospective franchisee
- Once the fit is assessed, the Franchisee Agreement will
be drawn for both parties to sign and commit to the project.
- You will have approximately two weeks to review the
proposal, and if within two weeks you haven't accepted
our proposal, then the offer will be considered withdrawn.
|
| 2. What is my expected
level of earnings? |
|
The Earnings potential would depend on several factors
such as
i. area and location of the school,
ii. capacity of the school building
iii. the population in the vicinity of the school
iv. level of investment made by the franchisee (i.e. only
land, land and finance, etc.)
We would be able to provide you with a more accurate earnings
potential only after conducting a feasibility of your site.
|
| 3. What is the advantage
if I opt to become a Rustomjee franchisee? How is the idea
different? |
|
Rustomjee has created a quality benchmark in the field
of real estate development as well as education. Our education
programs reach out to more than 6500 students, through our
leading schools offering both the State-board and the IGCSE
curriculums. We have teaching faculty strength of 235, and
administrative support staff of 120.
We have, also, achieved an enviable reputation amongst
the student and parent community as an institution that
focuses on quality education for the masses.
The institutes we currently manage are:
- Rustomjee Cambridge International School
- Rustomjee International School
- Rustomjee Troopers
- Rustomjee Institute for Training and Education
- P R Toddler's Academy
- Computer Education Center
Our mission is to establish the Rustomjee University.
We would like to invite you to partner with us in our growth
and our mission of "Making Education a Priority".
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| 4. Where can I open
up a Rustomjee school? |
|
You can open up a Rustomjee institution in any location
where you feel there is a shortage of quality schools. Preferred
locations for a non-residential school are:
- Off the main-street to avoid the traffic and noise pollution
- Good residential locality to cater to the needs of the
local population
- Upcoming and new residential complexes, which may not
have a provision for a good school, ensuring captive demand.
|
| 5. How much money
will I be required to invest, and where? |
|
To establish a good school, you would need Land and Investment
Capital.
Typically, a non-residential school to accommodate 2000
students in two shifts would require a land floor plate
of approximately 10,000 sq ft, and a built-up space of 40,000
sq ft.
If you have the Land, but do not have the required Investment
Capital, we shall be glad to partner with you by bringing
in the investment capital for the building construction.
If you have the Land, and the Investment Capital, we shall
look at the partnership to provide you with our Education
Management Services Contract wherein we manage the entire
institution. Again, this would be a revenue/profit sharing
model.
|
| 6. What Return on
Investments can I expect? |
|
Once the school is operating on full capacity, you can
expect a return on investment in the range of 15 - 20%.
This would however vary with location of the school, and
the demographics populace in the vicinity.
|
| 7. What is the
RUSTOMJEE Business Model? |
|
We offer the following business models:
- Joint Venture Model
i. Partner's contribution is Land
ii. Rustomjee's contribution is Investment Capital &
Education Management Services
iii. Rustomjee provides the brand "Rustomjee Cambridge
International School"
iv. Profit Sharing model, where profits are distributed
in proportion to investment from each party, after taking
into account all justified and measured expenses. Profit
sharing percentage would depend on the ratio of the contribution
from the partners to the project.
- Education Management Services Model
i. Partner's Contribution is Land & Investment Capital
ii. Rustomjee's contribution is Education Management Services
iii. Rustomjee provides the brand "Rustomjee Cambridge
International School"
iv. Profit sharing model, after taking into account all
justified and measured expenses. Profit sharing percentage
would be larger for the partner in this model.
|
| 8. What is the
nature of support RUSTOMJEE will provide to its franchise? |
- Rustomjee would provide for all the Curriculum planning
across all standards from kindergarten to Grade 12.
- Rustomjee would manage the day-to-day operations of
the institution by recruiting a professional team of teachers,
and respective heads of the different sections
- Rustomjee would provide all marketing and advertising
collateral
- Rustomjee would provide support in promoting the institution
- All architectural plans, and building construction will
be designed and monitored by Rustomjeeschool
- If the institution needs to raise debt, then Rustomjee
would help raise the debt funds by preparing a detailed
feasibility report, and making representation to leading
financial institutions.
- Rustomjee will appoint an Inspection Committee that
will conduct periodic and regular inspections of all Partner
schools
- All teacher training programs, parent training programs,
and student workshops would be organized for by Rustomjee
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| 9. Why should I go
for a RUSTOMJEE franchise? |
- Rustomjee has established an enviable reputation in
the field of academics and real estate development
- Rustomjee's vision is to establish the Rustomjee University
- Rustomjee has had an impeccable record at the Board
Examinations for the past five years.
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| 10. What are the long-term
benefits of being associated with RUSTOMJEE? |
- The prestige of being associated with an educational
institution project of international standards
- As the school grows and operates at full-capacity,
the returns for the investor become an annuity
- You have the opportunity to partner in Rustomjee's growth,
which would create a win-win situation for everyone
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| 11. Do I need to have
prior experience of any particular nature? |
- Since Rustomjee is very strong on the academic front,
we bring to the table our academic experience and expertise.
So, you do not need to have any prior experience in the
education sector.
- Rustomjee hopes to play a very active and involved role
in the management of all partner schools to ensure that
the quality and brand name of Rustomjee is not compromised
upon. So, you are outsourcing all your operational responsibilities
to Rustomjee
- Keeping the above two statements in mind, Rustomjee
is very particular about partnering with like-minded individuals,
who wish to contribute to Nation development, and we would
not encourage someone who only wants to make a quick buck
to enter the field of education.
- Education is the need of the hour, with a large number
of our children being deprived of good schooling. So,
if your philosophy matches ours in making a positive difference,
we would welcome you with open arms.
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