Erocon helps entrepreneurs understand the dynamics before they begin their investment.
The Feasibility Study and Project Planning services for new school project is the most important aspect for the promoter to gauge the performance potential of the venture. The feasibility study helps promoters to be aware of various challenges that can be identified in the feasibility study and school planning stage to set the foundation for a successful new school project. The Feasibility study comprises of On site Survey, Market research, Competition analysis, availability of human resources and Financial projections along with market entry strategy that leads to an effective utilisation of the execution budget, capital investment and understanding of the market dynamics that are important for setting up of a new school project in India. Erocon with its 3 decades of industry experience and know how are the most preferred agency to undertake feasibility study for new school projects. With it’s unusual feat, Erocon has successfully undertaken over 450 feasibility studies since 2009 for new school project set ups that covers 22 states in India and locations across Middle East.
Market Dynamics & Assessment
- Detailed Site Assessment
- Location Assessment
- Identification of Target segment and target catchment
- Competition Identification
- Identification of average volume addition trend of the project location.
- Strength, Weakness, Threat and Opportunity (SWOT) Analysis for the Project at the given location.
- Detailed Competition Analysis
- Assessment of type of school as per demand of location.
- Opinion on workability of established school franchise model or development of self brand.
- Opinion on Board affiliation for school to be opted for the project
- Market Entry Strategy Opinion
- Associated Brand positioning plan for the school.
- Pricing Strategy and determination of workable school fee structure
- Fee Expansion Plan for next 10 years
- Concept note and Project USP workable for the location
- Infrastructure Planning with Detailed Area Chart for Master Plan, Phase I & Phase-II construction
- Facility Plan for the project
- Sports Infrastructure Planning
- Curriculum Recommendation
- Opinion on Project Expansion and Phase initiation planning
- Human Resource /Staffing Plan for 10 years
- Project Construction Timelines and Deadlines
- Administrative Timelines
- Opinion on Strategic alliances and education service partners for school project
- Green School Concept and green school ratings
- Inputs on IT innovations and Requirements for the school
Detailed Financials and Project Economics
- Complete Project Capital Expense and Budget for Various phase development of the school project.
- Fee Collection for 10 years
- Salary Expenses for 10 years
- Detailed Profit and Loss Account for 10 years
- Loan Calculation and impact on P/L Account
- ROI Calculation
Legal Framework, Affiliation Requisites & Compliances
- Opinion on formation of trust, society or non profit company.
- Inputs on Trust/Society/ Company Structure and Framework
- Overview of School Management Committee rules and requisites
- Overview on Board Affiliation requisites and compliance requirements
- Rules and Regulation to be followed by school staff and students
The Project Report will include :
|Volume-II||Economics of the Project|
Timeline of the report: 25 working days under general services and 10 working days under premium services.
A feasibility study is helps you answer the following:
- What is the catchment area from where the students are to be pulled?
- What is the market segment for which the school is being introduced?
- The pay capacity of the market segment long with the spending mentality of the market segment towards education
- Determination of the level of exposure of the market segment in terms of facilities being provided by the existing competitors catering to our target market segment.
- Detailed Competitor Analysis and understanding the mindset of the market dynamics.
- What shall be your school’s concept note, market entry strategy, facility plan, USP creation.
- Projected potential and volume addition trend of the target market
- What should be the Project Budget
- What shall be the right direction and approach for investment of funds to get the desired outcome
How we do it.
When you plan to start with a new school project in India, you will also be required to keep in mind the associated finances for the project. In order to plan your investment and finances in the best possible manner, it is very important to get a grip on the market needs, the potential it has to offer and return on investments for a particular region as considerations may vary from location to location. Our purpose is to provide a feasibility study by our expert school consultants who identify the likelihood of setting up a school in the area and also provide clarity on whether the school project will deliver the desired outcome. This study comprises of variety of assessment methods that are undertaken including SWOT analysis (Strength, Weakness, Opportunities and Threat Assessment study) & Demand Assessment, Detailed Competition Analysis, Market Entry Strategy, Brand Positioning Plan, Facility Plan & Concept Note, Volume addition trend for the next 10 years, Staffing plan for next 10 years, Project infrastructure & construction area chart, Project Budget and Estimation and finally Profit & Loss account for next 10 years including Loan EMI component.
The detailed project report cum feasibility study for a new school project starts with our school consultants undertaking a survey of education establishment & demand around the catchment area followed by report with demand projections and financials. The site survey is then followed by estimations & opinion on the required investment for site development, potential market and return on investment details. The detailed project report can also be used for the purpose of acquiring bank loan or attracting investors on board. Erocon will clear the biggest hurdle of how to prepare a DPR for school for bank loan purpose.
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Thank a lot for your affiliation advisory services People are so confident ,friendly and responds promptly. Erocon team first understands exact status by way of audit and then suggest the course of action.Especially the confidence just before and during CBSE inspection keeps the client away from pressure. Good job 👍
Having EROCON as consultants has been the best decisions I have made when the concept of starting a school evolved in my mind. They have been brilliant in their planning, organization and execution to detail. Hardworking, professional and dedicated, the entire team is sheer brilliance to work with.
Erocon has terrific educational consultancy and advisory team to help our management find solutions. They have identified key issues, drivers and important resources that are required for our school. I would appreciate the entire team for their passion and dedication.
Erocon’s modules are well designed, competitively priced and value for money offering inputs much beyond contracted content.
Erocon has an expert in each portfolio- concept to affiliation and beyond. The team is efficient with remarkable response time.
We wish Erocon success in all its projects
We had approached Erocon Consultancy for our project in Gurugram. Erocon Consultancy is an epitome of high standard professional services with an effort to ensure their customers satisfaction and help them out in best possible manner. They helped us stimulate and promote our qualifications and goal
A very professional organisation. They have always valued their quality of work and delivering the work within the promised timeframe. They have been vital in setting up our school and providing us with all the necessary data as possible. Lastly, we have been more than business clients.
Erocon, our international education consultancy paves an excellent and integrated education programme each year to inculcate a international standard of education system. The consultancy played a vital role for achieving our school’s objectives and motto’s.
We feel privileged to have Erocon consultants as our advisors and the valuable information they have provided in terms of market study of Gwalior area or Meerut city has served as a useful tool for our future growth and expansion
We appreciate their effort & look forward to work with them regularly.
As a client, we really feel happy to be associated with EROCON and that we selected them to handhold our project as a consultant. We’ve been associated for almost 2 yrs now and it’s been a great & successful journey till now and we honestly feel that our relationship will last longer.
Erocon as an Organization works in a professional manner. They have been prompt in rendering their services. Our entire documentation happened in a systematic manner with regular updates and advice on the sequence of events that would follow.
My journey with Erocon has been all about learning and success.The team is very professional and positive.They make sure you follow all Govt. Of India norms in order to make sure you do not go into the wrong way of doing things.Very professional with the paper work. Instant support highly recommend.
Erocon is helping hand in CBSE Affiliation process. They make sure that everything is in place during inspection and conduct a trial before the inspection too. I am extremely satisfied with the services given by Erocon. Hats off to you and all the best for your future endeavours.
We came to know about EROCON via internet. At first, we were very skeptical. As soon as we sought their help in our School project, we found that their capacity and expertise is unquestionable the best available in the market. We highly recommend EROCON to everyone, interested in starting a school.
We are completely satisfied with the report given by Erocon. They were very professional through the project. Mr.Shiraz and Mr. Anirban were really cooperative and helpful. We will surely recommend Erocon for any related needs.
I take this opportunity to appreciate the work done by Mr.Shiraz and Mis.Marya to get our school’s affiliation done as per the cbse guidelines.Their support was really amazing. I wish for their sincere efforts in future.
We are in association with EROCON from last three years. On the basis of our experience gained during work with it we are in a position to say that it is the best service provider in India. It has experienced manpower for providing consultancy in almost all domain of school .
Timely delivery. Co-operative people. Have assisted in every minute tasks. Happy with their services.
Best service with full support
These guys are very professional and they have very good services ?
Erocon not only helped the project done prior to the deadline, but to ensure the client should be satisfied with every step of the process.
I truly appreciate Erocon’s contribution!
Erocon has done wonderful job for us. The Erocon team is very professional and they provided us a detailed survey & feasibility study report which consists of all the minute details but very crucial to take a call. Team is flexible, approachable and always ready to take our feedback and incorporate.
We had very engaging conversation with Erocon and they are indeed knowledgeable on the subject.
Really nice consultants with a alot a experience. Helped us in starting our school from scratch. The parts such as curriculum development, cbse affiliation, recruitment and training of staff helped the school to attain the heights.
Erocon team is thoroughly professional and reliable If you wish to establish a school in your city. Shiraz is in particular a moving encyclopedia in the field and I am yet to come across a better name with more insights in the field. I would definitely recommend them strongly .
Experienced, professional, know there work,punctual.
I approached EROCON because of their experience and feedback given by some upcoming schools. They helped us understand the various factors to set up a school. The report given was comprehensive and had a pragmatic approach to financial planning and infrastructure development.
I engaged EROCON to carry out feasibility study for new school project at Ranchi. The work was done professionally and delivered on time. The meticulous planning and attention to detail in preparation of report is praiseworthy.
Erocon is a professional organization having thorough knowledge about Indian school business provides in-depth analytical information and realistic bluprint for the client. Strict timelines and yet no compromise on deliverables.
Very much professional, punctual, Shows there results on time. We got many things from Erocon.
Work done with professional approach and time frame..
I got to know about erocon through a freind. The team was extremely professional and knowledgeable. They gave us the report as per the timelines agreed. I would highly recommend Erocon.
Erocon was very knowledgeable about the industry and its market. They were able to give us several valuable insights and metrics about it. Their report was very well structured and detailed. They competently went about gathering market intelligence and kept timelines. A very professional job.
We are satisfied with team Erocon ,and their professional approach to advise relating to transfer of recognition from local SSC board to CBSE board.
“Erocon Consultancy has been of immense help since day one when I began chalking out my venture. Their services have been prompt and have the ability to look into intricate details. The team has been very courteous and supportive…highly experienced and knowledgeable.
Extremely satisfied with their services.”
“We had approached EROCON for our school project in a bangalore. The team gave us a detailed insight into the market a very organised report on the running of the school. This has helped us prepare ourself for the upcoming project and serve as a guiding mechanism. Special thanks to team Erocon….
Erocon shows completeness and passion in their work and professional at work. Erocon understand client perspective very fast and guide them in proper way. The DPR they provided is simply excellent,They spent only two days on our location but they gathered all information accurately. Economic report is good. Erocon is competent and provides good service for what you pay.