Innovatus Franchisee sticks with Educational Background
Name: Don Neerahoo
Franchise: Innovatus FET College
Why did you go down the franchise route?
I researched different businesses but to own a business in this Sector is challenging. A franchise is a tried and tested business model. The fact that Innovatus is a member of FASA helped me gain trust for the franchise brand.
Why did you choose your franchise?
It is a well-structured and working Quality Management System. Linkage of experience with business model.
What did you do before taking up a franchise?
Working in Senior Management reporting to the Board of Directors in the Private Education Sector for 13 years.
How did you raise the finance?
What training and support did you receive initially and ongoing?
1 week training at Head Office. On-going constant training at different sites and Head Office covering all aspects of operations and academic matters.
What is a typical day for you as a franchisee?
Firstly, make sure all staff are at work and briefed in a short morning meeting. Staff and students attend classes as per the timetable. Follow up on payments and student attendance. Reconcile payments and banking for the day, update age analysis. Lastly, end the day with a short staff meeting discussing the day’s activity’s.
What challenges have you faced?
Getting finalised dates for accreditation authority’s to visit site.
Has becoming a franchisee changed your life, if so how?
Yes, a huge paradigm shift from being employed to self-employed. Made me more responsible and stronger in running of my business and life, allot of self-growth. Challenging and new learning experiences daily.
What advice would you give to someone thinking of buying their first franchise?
Make sure that you have a passion and experience for that particular business. Have a well-structured business plan. Be strong and never give up on making it work.
What are your plans for the future?
Acquire another Innovatus Franchise.
Would you do it again?