If I take up Kanetkar’s ICIT Pvt. Ltd. franchisee, what will the initial start up cost and what other costs will be involved?

It will cover a number of items mentioned in the feasibility report, franchise license, total fit-out, and basic training on the courses and operation manuals. Costs vary depending on the site and final cost can be best determined once a location and site is identified, inspected and finalised. Kanetkar’s ICIT Pvt. Ltd. will provide you with a comprehensive schedule of estimated costs; items such as initial investment, working capital and on-going operating costs are detailed in this schedule. Nonetheless the investment will be to the tune of Rs. 12 Lacs (Investment vary from city to city).

On account of confidentiality, we cannot reveal the exact details. However, after the preliminaries and the investigative report, we would be happy to discuss the financial returns in a personal meeting.

What exactly is the Kanetkar’s ICIT Pvt. Ltd.’s business model?

The Kanetkar’s ICIT Pvt. Ltd.’s franchise model is based on a traditional franchising approach where Kanetkar’s ICIT Pvt. Ltd. provides complete know how of all its operating model, teaching methodology, study material, technical expertise, marketing systems, training systems and management methods to the franchisee. It involves the total way of doing business that has been developed by Kanetkar’s ICIT Pvt. Ltd. over the years. 

The major revenue component for franchise will be:

What assistance and continued support will I receive?

Kanetkar’s ICIT Pvt. Ltd. is committed to provide every possible support to run your new business successfully. We will be sharing our Brand Name and accompanied Brand Equity with you, so we have our personal interest. Following are the support services provided by Kanetkar’s ICIT Pvt. Ltd.:

	Training and continuous development to faculties and key Staff.
	Study material
	Working model manual
	Teaching Methodology
	Marketing and advertisement support in central advertising and promotion and guidelines on local promotional activities.
	Centralised Examination and Certification process
	Yearly visit by Yashavant P Kanetkar

The above facilities and support will be strictly governed by the terms and conditions as stipulated in the franchise agreement & operating manual.

Kanetkar’s ICIT Pvt. Ltd. has a qualified management support team to assist you with any of your problems you may have. Business Development Manager will visit your center regularly to provide product updates and any assistance you may need. Help is only a phone call away.

What are the courses conducted by Kanetkar’s ICIT Pvt. Ltd.?

Kanetkar’s ICIT Pvt. Ltd. conducts different classroom courses:

	Programming Excellence through C
	Programming Excellence through C++
	Programming Expertise In Visual C++
	.NET Programming

This largely depends on your style of working and the number of students you can get. The initial six months require more time as in any business. But after six months 8-10 hours daily is sufficient. 

As per the agreement you are not allowed to take any other franchisee offer at the same premises. It is against our business policy to do so. We vehemently protect our brand name and it is also in your interest to do so.

What are the prerequisites for Kanetkar’s ICIT Pvt. Ltd. for a potential franchisee?

We seek the following skills in our potential franchisee

	Entrepreneurial skill
	Strong motivation
	Commitment
	Sound Financial background
	Ability to manage finances

Not necessarily. However we prefer to have people with some experience in franchisees, but as we provide full support, we also welcome people with a strong motivation and commitment and who wish to get into a symbiotic and long term relationship with us.

Generally 45 to 50 days from signing of franchise agreement and depending upon site selection and other issues.

The number of centres for a particular city will be decided according to the market size and population. In Metros at the maximum, only 4 centres will be permitted at this point of time. In non-metro cities only two centre will be permitted. However, in metro a franchisee can have license for more than one center but limited to a maximum of 2 centres.