Subject category:
Finance, Accounting and Control
Published by:
Ivey Publishing
Version: 2016-11-23
Length: 6 pages
Data source: Field research
Abstract
In the spring of 2015, a marketing professor from Indore City in India was looking for an academic, entrepreneurial opportunity that would allow him to work alongside his wife. The professor came across a franchise proposal for a preschool with Delhi-based Wonder Kidz Education Pvt Ltd. The total investment in the project would be approximately ₹625,000, and cash profits would come in the first year. After discussing the opportunity with the company's director, the professor was interested in taking on the franchise. However, not being an expert in finance, he was confused about the calculations and decided to seek an opinion on the financial feasibility of the project before making his decision.
About
Abstract
In the spring of 2015, a marketing professor from Indore City in India was looking for an academic, entrepreneurial opportunity that would allow him to work alongside his wife. The professor came across a franchise proposal for a preschool with Delhi-based Wonder Kidz Education Pvt Ltd. The total investment in the project would be approximately ₹625,000, and cash profits would come in the first year. After discussing the opportunity with the company's director, the professor was interested in taking on the franchise. However, not being an expert in finance, he was confused about the calculations and decided to seek an opinion on the financial feasibility of the project before making his decision.