Franchise Proposal

Erica Virtual Education Network

Address

100, Mall Road, Guru Teg Bahadur Nagar, New Delhi , India

Phones

91-98-737-06967, 011-47085796, 011-45549336

Email

ericainstitute14@gmail.com , admin@ericainstitute.com

Website

www.ericainstitute.in

Welcome Note
Dear Entrepreneur,
We are pleased to learn about your interest in Erica Virtual Education
Network (EVEN).
EVEN is the leader in innovative learning solutions, from custom to
blended learning, for your unique environment. EVEN franchise family
is one of the most successful business models for virtual education that
supports you in every step of the way. Your success is our goal.
We are glad that you have selected the education field that is
flourishing and developing. Furthermore, by leveraging our experience
and academic backgrounds of spanning the globe, you will have the
competency to design, develop, implement, integrate, host, manage
and support a variety of learning solutions.
EVEN provides our franchisees with a wealth of resources that include
training programs, sales and marketing materials, financial tools,
courseware and other resources to help drive sales and minimize
operational costs. We also offer our franchisees access to industry
leading technology tools that independent training companies cannot
afford.
The following pages will give you an in-depth idea of our Franchise
Proposal. We look forward to be associated with you, to help you
evaluate the opportunity to join our network and mutual growth.

Yours truly,

Team EVEN

UNDERSTANDING VIRTUAL EDUCATION

Virtual Education - The future of education in India

In a vast country like India, providing uniform, quality education across
the map was an impossible task till a few years ago. The advent of the
web conferencing technology has led to the possibility of the creation
of virtual classrooms. Where once, it was practically impossible for
anyone located in a remote area to gain access to live classes by
experts on the subject, Virtual classrooms have now bridged this gap
and brought the best faculty within everyone's reach.
With renewed thrust on education and skill development by the
Government of India and the indispensible role of technology in
realizing the goals being set, there are endless opportunities that are
opening up in this sector. The scope is so wide that it would be unwise
to even hazard a guess on what can be the rate of penetration of
technology in education.

What exactly is virtual education?

With the ever increasing popularity of and accessibility to the internet,
its application is being replicated in the classroom environment as well.
Virtual classrooms are a blend of the traditional classroom and virtual
space, where the students study in a classroom, but the teacher,
instead of being physically present, is connected to the classroom via
the internet. So, a virtual classroom aims to simulate the experience of
attending a class, albeit over the web. In other words, a virtual
classroom allows the student to attend the same lecture with the
convenience of his regionally located virtual classroom. Like a
traditional classroom, the virtual classroom is a scheduled teacher-led
tutoring session, where the students can interact and learn with fellow
class mates but the interaction with the teacher and students from
other centres is through the internet. The high definition on screen
presence of teacher and other students beamed live, greatly negates
their physical absence. So, a teacher, who could otherwise teach only
to a limited number of students at a time, can now reach out to
thousands of students simultaneously.
Virtues of Virtual Classrooms
There are several advantages of virtual education as compared to
traditional education model.
1. Removal of geographical barriers - Quality education can be
beamed live to the students in the comfort of the state of the art
classrooms in their respective locations. The best teachers can
reach thousands of students at the same time.
2. Access to best content - The best content is made available to
the students as the content is developed centrally by a core team of
experts. Moreover, use of technology facilitates the use of
multimedia presentations, guest speakers from around the world
and sharing of resources.

3. Uniformity - Uniform standard of education is maintained across all

the centres. So if a student has travelled to another city, he can still
attend the same classes in an affiliate centre there.
4. Recorded sessions - The virtual classroom has the facility to
record the session so that the learners or teachers can replay it
afterwards. The teachers too, get an opportunity to review their own
or their colleagues' performance. Moreover, there is access to all
previous lectures in the digital library.
5. Two way communication - There is complete provision of
communication both ways. This enables the students to clarify his
concepts and doubts one to one with the teacher. Although this
communication may not be as rich as in a traditional classroom, it is
still helpful for the students, as an interactive model exists in the
classroom.
6. The scalability and cost effectiveness - of the technology
greatly helps in passing the benefit to the students by making
quality education more affordable.
OBLIGATIONS
Classroom Setup Requirements 1. One computer set with latest configuration.
2. Screen & Projector/ 40 inch or above LED TV
3. One webcam in each room
4. Complete Audio video system per room
5. Internet (Broadband or leased line)
Companys Support
1. Two initial advertisement in newspapers for branding
2. Chapter note, test and add on learning resource mailed to
students.
3. Certification for proprietary courses.
4. Inclusion of partner institute details on EVEN website
5. Assistance for school presentations and workshops.
Franchisee Fee
One time franchisee fee of Rs.1 lac payable at Delhi as cash/DD/PO in
favour of Erica Virtual Education Network.

Agreement Duration
Three years from the date of signing the agreement.
Minimum Batch Size
Ten students per batch
Revenue Sharing Ratio
Franchisor Share :
70% of total revenue
Franchisee Share :
30% of total revenue

BENEFITS TO FRANCHISEE

Real time live classes

No investment on faculty
Availability of qualified and renowned faculty
Minimal investment
High returns
Branding
Capability to offer multiple courses under one roof.
Availability of backup/archive sessions to students.

Course Offered
1. Professional Accountant Course with placement assistance.
2. K-12 classes.
3. Vocational Courses.

PROFESSIONAL ACCOUNTANT COURSE

FACULTY PROFILE