Are you looking for a lucrative business opportunity in Kolkata? If so, starting a beauty training institute in Kolkata could be your perfect choice. With the Indian beauty industry set to reach $28 billion by 2025, there is a massive demand for skilled beauty professionals. And as the demand for beauty services continues to grow, so does the need for quality training institutes. Furthermore, opening a beauty academy franchise is better than starting your own brand. But why? Keep reading to understand.
Why Go With a Franchise Model When Opening a Beauty School?
Aspiring entrepreneurs have two primary options for setting up a beauty training institute:
- Establishing their brand
Or
- Partnering with an established franchise
A franchise is a business arrangement in which a company (the franchisor) grants another business (the franchisee) the right to use its brand name, business model, and other intellectual property for a fee. This can be a good option for starting a beauty training institute because it provides the franchisee with the support and resources of a well-established company.
While it is true that starting your own brand offers control and creativity, the franchise model is the preferred choice for various reasons. Let’s talk about them.
Advantages of the Franchise Model
Partnering with a reputable franchise like Orane International for a beauty academy franchise offers a range of benefits tailored to the competitive and regulated environment of Kolkata’s beauty training industry. Here’s why the franchise model stands out:
- Reduced marketing investments: Franchises allow you to leverage the franchisor’s established brand, saving you on marketing costs and helping you quickly establish your presence.
- Compliance ease: Franchisors guide regulatory compliance, ensuring you meet industry standards seamlessly.
- Ongoing support and training: Franchisors provide continuous support and training, helping you navigate the industry’s challenges effectively.
- Higher and continuous profitability: This model can help you achieve profitability within one year and generate consistent profits afterward.
Why Invest in a Beauty Academy Franchise in Kolkata?
You should invest in a beauty training franchise in Kolkata for many reasons. Here are a few of them:
- Kolkata is a major city with a large population, providing a large potential customer base.
- In Kolkata, more than 12 lakh of the total population falls in the age group of 15 to 29. It means the potential to attract the young generation for skill training is enormous.
- The beauty and wellness industry is a major employer in India, employing over 70 lakh individuals.
- The cost of living and starting a business in Kolkata is relatively low. It means you can start your business with a lower investment than in other cities.
- The West Bengal government offers several incentives for businesses that invest in the state, including tax breaks and subsidies.
- The beauty industry is growing, and there is a high demand for beauty services in Kolkata.
- A beauty training franchise can provide a ready-to-go business. This means you can start your business without worrying about the logistics of setting it up.
- A beauty training franchise can allow you to work with a well-known brand like Orane International, which has a positive reputation.
After reading this, you must be convinced that opening a beauty institute in Kolkata is a good option. Now let’s understand how to start a beauty academy franchise.
Steps to Start a Beauty Franchise
- Conduct market research and a feasibility study: This will help you determine the demand for beauty services in your target market and whether or not a beauty franchise is a viable business opportunity for you.
- Research and pick a franchisor: The next step is to research and choose a franchisor for a beauty training institute that has a good reputation, like Orane, offers comprehensive training, and provides support.
- Secure a franchise agreement: This is a legal contract between you and the beauty franchisor company. It will outline the terms and conditions of your franchise.
- Choose a location: Your location is important for your business’s success, so choose a place easily accessible to your target market.
- Build or renovate your setup: Make sure your store is well-designed and has the amenities your customers need.
- Hire and train staff: Your staff is the face of your business, so they should be well-trained and provide excellent customer service.
- Market your business. Let people know about your business through advertising, public relations, and social media marketing.
- Manage your franchise. Once your business is up and running, you will need to manage it daily. This includes tasks such as bookkeeping, managing admissions, training students, etc.
Investment and Beyond Budget Estimates
Starting a beauty training center involves initial setup costs and recurring monthly expenses, including:
- Initial Setup Costs: The initial investment ranges from INR 40 to INR 50 lakh. This includes location rent, interior design, equipment, and initial marketing.
- Recurring Monthly Costs: Expect ongoing expenses of approximately INR 3.50 Lakh to INR 5 Lakh, covering staff salaries, utilities, maintenance, and marketing.
Wrapping Up
Starting a beauty training institute in Kolkata is about imparting skills, shaping careers, and fostering personal and professional growth. The franchise model offers a structured pathway to success. It enables you to tap into the booming beauty industry and cater to the needs of a young and eager workforce. You can start a thriving beauty academy franchise by embracing modern marketing strategies and aligning with an established brand.
So, are you ready to begin this exciting journey of running a successful beauty franchise? Join hands with us at Orane International and become a part of the transformational beauty and wellness industry. Let’s shape futures and celebrate beauty in the City of Joy together!
Frequently Asked Questions
Question: Why choose a beauty academy franchise over starting my own brand in Kolkata?
Answer: The franchise leverages a recognized brand, saving on marketing. Franchisors provide ongoing support, speeding up profitability.
Question What makes investing in a Kolkata beauty academy franchise a wise choice?
Answer: Kolkata’s huge youth population and lower costs offer a promising market. Government incentives and a growing demand ensure success.
Question: How can I start a beauty academy franchise in Kolkata?
Answer: Research demand, choose a reputable franchisor like Orane, secure a franchise agreement, find a strategic location, design your setup, hire and train staff, market effectively, and manage operations.
