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    KarROX Franchise Opportunity


Table of Contents:


    Franchisee Concept & support


    Finan...
karROX Franchise Opportunity




   FRANCHISE CONCEPT
karROX offers a complete business format franchise in IT Training se...
karROX Franchise Opportunity




   Supply of Karrox Start-up Kit
Franchisor will provide the KATC with the basic startup ...
karROX Franchise Opportunity




TERMS OF FRANCHISE


•     The initial agreement is for a tenure of three (3) years
•    ...
karROX Franchise Opportunity




   FRANCHISEE PROFILE


We are looking for committed partners who will help us carry forw...
karROX Franchise Opportunity




   SCHEDULE OF EVENTS


                 Submission of Application form


            Tel...
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Karrox IT Franchise Manual

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Franchising as a business model has witnessed high success rate globally. A new franchise opens every 8 minutes of each business day.

Statistics reveal that more than 80% of new start ups close down within 5 years, whereas 80% of franchisees are still successful after 5 years.

Franchising has been an extremely successful business model in the IT Training Industry. karROX is one of the leading providers of Information Technology (IT) education & training in the country for nearly two decades now.

Please contact us at hemalm@karrox.com if you have any feedback or have any queries.

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Karrox IT Franchise Manual

  1. 1. - 1- KarROX Franchise Opportunity Table of Contents: Franchisee Concept & support Financial Data, terms of franchise, site specifications & franchisee profile Schedule of events 1
  2. 2. karROX Franchise Opportunity FRANCHISE CONCEPT karROX offers a complete business format franchise in IT Training services. The unique franchise concept provides individuals with complete know how to build and operate a successful ONE STOP IT TRAINING MALL. karROX offers its franchisees:- • karROX brand goodwill • Proven, well researched curriculum in IT viz; Software, Networking and IT Security. • Content for Career and Modular programs • A unique Business program-Business Basic Workshop • Training on the technology and the business process • Continuing research and development FRANCHISE SUPPORT The karROX franchise support includes:- Business Basic Workshop (BBW) A 3 day orientation program will be held for training the franchisee and their key personnel. The BBW aims at helping the franchisee understand the Training business and transferring the knowledge ware gathered by the Franchisor Train The Trainer (T3) & Sales / Marketing training T3 will be imparted to faculties on an ongoing basis along with specially developed training modules for sales / marketing professionals on admission prospecting. T3 is imparted on a need basis at HO / RO throughout the year. Manuals Franchisee will be provided with ambience manual- which will help to construct the karROX – 1 Stop IT Training Mall as per the standardized design template and the standard operating procedures manual for conduct of the KATC. Specification of training equipment karROX will provide the required specifications for training equipments (Software & Hardware) as per the model of the KATC. (Cost of which is to be borne by the franchisee) average cost of training equipment is INR 700,000/- to 10, 00,000/- + applicable taxes, depending on the location / size of the centre. 2
  3. 3. karROX Franchise Opportunity Supply of Karrox Start-up Kit Franchisor will provide the KATC with the basic startup material which includes KATC display sheet (Flex material), one set of course ware, basic stationary & Some marketing material. KATC will also receive all the marketing & technical presentation, video films and artworks for all MARCOM activities on time to time basis. Courseware The courseware will be provided in the printed format at the actual printing cost. karROX strives to provide the best teaching / reference material to their customers and hence does not retain any margins for profits to make it economically more profitable for franchisees. On going support The benefits of on going research and development will be transferred to the franchisee to keep abreast of the curriculum / technology development Marketing support The franchisor will provide requisite marketing support to propagate the various programs at KATC through regional / national platforms. Sales & Marketing tools (brochures, leaflets, posters, audio visual aids) as and when developed will be sent as per policy. FINANCIAL DATA To start a karROX franchise, an estimated sum of INR 20, 00,000/- to INR 30, 00,000/- will be required. This sum will cover expenses for: • Franchisee fees • Interiors as per standardized design • Furniture and fittings • Training Equipments (Software & Hardware) • Working capital However, this sum does include pre operating expenses such as rental and staff costs for @60 days. 3
  4. 4. karROX Franchise Opportunity TERMS OF FRANCHISE • The initial agreement is for a tenure of three (3) years • Option to renew for another term of two (2) years, under mutual agreement • The franchisee fee varies between INR 3, 00,000 to INR 6, 00,000 for the term of initial agreement of three (3) years as per KATC Model. • Royalty is charged @ 20% and is based on the gross fee collection • Franchisee will be rewarded under Performance Bonus plan on yearly basis based on target vs. achievement. • Franchisee will be rewarded with free renewal of KATC agreement for next two (2) years on successful 100% achievement of targets for three consecutive years (3 years from centre launch / KATC agreement term). SITE SPECIFICATIONS To conduct a KATC you will require • A minimum of 1500 sq. feet carpet area with outdoor of about similar or more area • Good frontage • Reasonable rentals • Lease arrangement for a tenure of 3 yrs of agreement • To be situated in a commercial/educational area. 4
  5. 5. karROX Franchise Opportunity FRANCHISEE PROFILE We are looking for committed partners who will help us carry forward our ambition of making young IT professionals. You must have • A Graduation Degree • keen interest in education services • Passion for technology • Reasonable financial resources If you possess the above you too can be part of this rewarding experience by becoming a karROX franchisee. We bet you’ll have as much fun earning, as students will have learning! 5
  6. 6. karROX Franchise Opportunity SCHEDULE OF EVENTS Submission of Application form Tele-conference with franchise manager Personal meeting and discussions Identify suitable sites Obtain approval for site Sign MOU and remit franchisee fees Release of Interiors manual for design of KATC Prepare the Interiors at approved location as per manual Recruitment of staff Attend Business Basic Workshop (BBW) Release of standard operating procedures manuals Training for Technical / Sales / Marketing staff Commencement of operations 6

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