Franchisees often struggle with effectively managing their team, according to the head of KIBERone IT school.
In the ever-evolving digital landscape, two educational institutions, KIBERone and RENDERIA, are making significant strides in shaping the future of IT education. Based in Yekaterinburg, these innovative schools are making a global impact with their unique approach to digital learning.
A Global Network of Cyber Schools
KIBERone, founded by Olga Apalkova, boasts over 42 own cyber schools and more than 1,500 schools in development through franchising. With around 300 schools in 36 countries, KIBERone is a truly global phenomenon. RENDERIA, another initiative by Apalkova, shares this impressive network, focusing on digital arts without the need for programming or coding.
Comprehensive Education and Entrepreneurship Cultivation
Both KIBERone and RENDERIA offer more than just short courses. Their learning format provides comprehensive education, fostering a well-rounded understanding of IT principles. Moreover, KIBERone has an effective referral system for attracting new talent and cultivating entrepreneurs, turning each franchisee into a strong leader who is a worthy representative of the brand in their territory.
The Demand for IT Professionals Remains High
Despite the increasing use of neural networks, the demand for IT professionals will continue to grow. These advanced technologies require checking and correction by good, versatile specialists. In fact, a significant number of children and teenagers, particularly those born after 2010, are showing a keen interest in IT professions.
The Importance of Due Diligence for New Franchisees
For those considering investing in a KIBERone or RENDERIA franchise, it's crucial to approach the process with careful consideration. New franchisees should pay close attention to conducting thorough due diligence, assessing franchisor support, understanding and negotiating the franchise agreement, managing financial transparency and expectations, planning for risk and insurance, and leveraging franchisor resources.
By following these guidelines, potential franchisees can avoid common pitfalls such as inadequate research on the franchisor and its support, underestimating total startup and ongoing costs, neglecting to thoroughly read and understand the franchise agreement including fine print, choosing a location based on personal convenience rather than business fundamentals, failing to check the quality of franchisor training and ongoing support, ignoring risk management and appropriate insurance, and rushing the due diligence and negotiation process without proper legal review.
Expansion in Smaller Cities
Interestingly, it's easier to develop in smaller cities with a population of up to 300,000 due to lower competition and marketing expenses. New franchisees should take advantage of this opportunity to establish a strong presence in these areas.
Recognition and Success
KIBERone has garnered global recognition from UNESCO and has been ranked the most profitable with investments up to 1 million rubles by Forbes for several years. The management company provides support to franchisees in various aspects, such as interviewing employees, devising advertising activities, and assisting in opening a location in another region. Despite facing the highest competition in Moscow and the Moscow region, and in second place is Sochi, KIBERone continues to thrive and expand.
In conclusion, KIBERone and RENDERIA are leading the way in IT education, providing comprehensive learning experiences and fostering entrepreneurship. With careful planning, due diligence, and leveraging the support of these innovative franchisors, new franchisees can position themselves for success in the growing IT industry.
