My blood is tested +ve for Java.
MH
Are you sure about the viability of your business plan in current market condition?
Have you done any due-diligence?
IMO training institutes in India are not doing so good.But I am seeing many institutes are revamping(look and feel,courses conducted) and giving many Ads in newspapers.
I want to be like marc
Why don't you explore the idea of buying some sort of a franchise? It does not have to be a really expensive one and they will help you get setup and essentially provide a 'working system' that you wont have to tamper with much.
But despite all the initial challenges I would say a comp. training center is probably ideal because there are either lax or no laws regarding what you are allowed to do
Buzzwords like '100% placement' or 'Live project training' also pull crowds in.
Hardware isn't too expensive and neither is the software needed to teach these courses.
You could also try looking for a niche in the industry(like testing maybe) which does not have too many players as yet
If I were you I would go meet with your local bank manager and ask him what criteria they look at before they make a business loan. Have a business plan ready and maybe try to get their opinion on what they think.
training center is probably ideal because there are either lax or no laws regarding what you are allowed to do.
Why don't you explore the idea of buying some sort of a franchise?
Originally posted by ramya narayanan:
1) I want to market a brand of my own & expand the market through franchisee.
Originally posted by ramya narayanan:
1) 2) I've worked as a JavaTrainer in one of those franchisees, where the franchisor's support is limited to Books, certificates, monthly auditing, meetings etc...The franchisors are more concerned about their monthly share of income
Originally posted by ramya narayanan:
3)Marketing & advertising these brands itself is cumbersome for which we can start our own institute.
Originally posted by ramya narayanan:
1) One of the reasons I start business is to avail the tax breaks from government & also to reduce tax from my earned income.
Originally posted by ramya narayanan:
1) Do you think it is possible to place all the students.
In my business, I don't want to compromise on integrity or business ethics.
" I want to teach people how to fish, not sell them fish a.k.a selfish"
I want to be like marc
it would be wise not to go for a sole proprietorship and instead better to find a few partners who could bring everything from teaching experince, business experince to financing.
The main motivation shouldn't even be money but instead to provide a valuable service in a way that exceeds current quality benchmarks or something.
Perhaps the biggest thing here is tenacity, the drive to doggedly pursue your goals and be consumed with a passion that won't let you rest until you have.
Originally posted by ramya narayanan:
Now what should be my vision for my organisation & how I should expand my services?
Now how I should see myself or work in the first 5 years ?
I want to be like marc
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