Your friend wants to open up a play center.How can you make your friends aware about the structural details of a play center
Answers
Answer:
I ll tell him or her about the legal documents and many legal things that is been needed for making a structure.
Explanation:
Hope it is helpful.
With more working couples in today’s India in all cities, there is a tremendous demand for playschools/indoor play centers/crèche facilities. If you are wondering how to start a indoor play centre in India, you are well on your way to contribute effectively to society as well as earn handsome money out of it.
However, to start with, you require a Business plan where in you will put down all the important points/challenges/tasks you need to do. This will be your Bible or blueprint for taking all further steps to make the venture a success. The assumption here is that you have already looked at the working of a few such play centers, are aware of the broad nuances of what it entails. If not, it is recommended that you make yourself conversant with the business methodology of running a play centre before starting one on your own.
Let us look at what are the main FAQs.
a) What is the number of children you want to cater to in indoor play centre?
b) What is the infrastructure facility you can get? Is it in the heart of a residential colony?
c) Is the play centre a part time or a full time facility?
d) How are you going to meet the financial considerations to set it the indoor play centre? Are you self financed, are you going to take loans or use government schemes for women entrepreneurs like the Bharatiya Mahila Bank scheme to start your play centre in India.
e) Where do you plan to recruit the teaching as well as administration staff from? It is mandatory for Indian preschool teachers to have the SSC certificate or equivalent or a Diploma/Certificate completion in preschool education or BEd.
f) What curriculum are you going to follow?
g) What is the return on investment on indoor play centre?
Once you are clear about the above and have some thoughts on them, you can discuss the idea with a couple of friends who may be interested in partnering you for the project. That may help you with the finance part and you may not need to extend yourself too much for the bank loan. If you do not get support, you need to be prepared to go it alone if you are convinced about the project. Do not let the opinions of people distract you from your objective.
Once you are reasonably clear on all of the above points, you can avail of the services of a good lawyer who will take care of the license details and other statutory obligations.
What will be the play centre equipment/ toys/ catering arrangements if any?
Once you have managed to identify the play area for the centre, you will have to think in terms of the equipment and toys you are going to provide the children. If you intend to also feed them good wholesome food, then you have to make provisions for the space as well as people who will prepare such food.
The key to start a indoor play centre in India lies in making optimum use of the available space. You can avail of the services of professionals for this or discuss with the manufacturer of the equipment to suggest how to go about it
How much does it cost to set up a soft play centre in India
The soft play centre prospect in India is a very promising one. With double income families on the increase and fewer families having grandparents living with them, they need playschools/crèche facilities to take care of their children.
The experience with nannies and unprofessional neighborhood playschools that were set up by unqualified people has been a disturbing one as well. Parents today do not mind paying more for a set up that is professionally run, has qualified teachers and administration staff to run such soft play centers. They are also travelling abroad more often, are exposed to how such centers are run in foreign countries and thus are expecting the same standards here in India.
The next question is obviously how much investment is required or cost to set up a soft play center in India ?
First let us hear the good news. If you are able to set up such a center that inspires people to confidently enroll their children, you can expect a quick return on investment. However, like any business, you need to get your financial analysis done meticulously.
The costs involved are the usual ones. How you wish to finance this cost is a major factor. If you are okay with self financing, you save on the interest costs but may lose out on the opportunity costs of the sum you have invested, should it not do well as you expected.
The size of the area and the location you choose. Then you have the other paraphernalia associated with the soft play center like equipment, toys, catering and the like.
You have to consider the recruitment and wages you would be paying to teachers, administration staff. The curriculum you are going to follow will determine the level of personnel you will recruit and have a bearing on the costs. The upkeep of the center and the facilities you wish to provide within it will also push up costs that you need to be aware of.