Best Education Business Opportunities In Tamil Nadu
Tamil Nadu currently holds the second largest economy in India. Being one of the most industrialized states of India, the business opportunities this state offers has tremendous potential for investors, franchisors, and entrepreneurs to make quick money while succeeding in their business.
According to a report, the service industry of Tamil Nadu contributes to 45 percent of the economic activity in the state, which ultimately makes it a lucrative business establishing a state.
Especially, when the education business is growing globally with a tremendous roar, educators could utilize the potential this state carries, by building an education empire of their own.
Read on this article for exploring 3 profitable education business ideas in Tamil Nadu.
If you are planning to start a business of your own, especially, with low capital investment, the preschool business could be the best option keeping the current business trends in mind.
The Indian Preschool business industry is now a booming trend which has certainly no stopping. The increasing demand for quality preschool is engaging parents as well as the franchisors and entrepreneurs for delivering quality offerings.
Currently, the Indian preschool business is worth more than Rs 4000 crore which clearly states the potential this model has in the education industry. Either, you could opt for a franchise model or go by setting up your own business.
The investment for preschool business could cost around Rs 10-12 lakhs with an ROI approximately 10-15%.
Employee Training Business
Many companies tend to cut employee training when their budget is tight. But it’s very vital to have well trained and skilled employees on board for your business to flourish.
Being among the largest economy in India, Tamil Nadu could be the best place to establish an employee training business, nurturing employee’s skills and talents. You could cater to those employees that require proper training and education but are unable to get one because of the short-term saving from their respective companies.
You could boost employee’s skills, improving their communication, helping the brand to strengthen their company’s future.
Establishing an employee training business could cost you around Rs10-15 lakh, enabling you to start your journey as a training franchisor/entrepreneur. The ROI could be around 20-25%.
Sports Coaching Business
As India is witnessing numerous sports gaining recent popularity, establishing sports coaching business might be a lucrative business option for entrepreneurs and franchisors. For every successful player, coaches play a vital role as they deliver instruction, training, and direction to a sports team or an individual player.
According to a market research by IBISWorld, the sports coaching industry is an $8 billion business, growing annually at the rate by 3 percent.
Sports coaching business is a onetime investment requiring approximately Rs 10-12 lakh with an ROI 13-17%.
The add-on investment could differ, depending upon the sports you choose for providing coaching.