Business Model

BUSINESS MODEL

The outsourcing business model has been relied upon to achieve the organisation’s goals. It focuses on tapping the resources of the other potential partners from the local community who share the same value, beliefs, spirit and strategy with FEN to bring education equality. Since FEN is a nonprofit venture, hence, it doesn’t seek profit from this partnership. 

But this condition doesn’t limit the selection of local partners i.e.,franchisee, who can be a motivated and passionate female who would contribute one-half of the school’s one-time establishment cost. Whereas the franchisee will contribute 30 percent towards the monthly operational cost. This amount the franchisee will raise through charging the monthly fee set by the FEN. The remaining 70 percent of the monthly operational expenditure will be contributed by the Falah Foundation.

This provides shared responsibility to both the partners to ensure their respective stakes, role and responsibility.In addition, given the fact that it is a social entrepreneurship, the business model has provision of providing Rs: 1000 per month as opportunity cost to the parents of the most marginalised children as an incentive that have been enrolled by the personal efforts of the school staff. This concept of shared ownership makes the foundation for a sustainable partnership.

Operational Strategy

Operational Strategy

The market-led, demand-driven business strategy focuses at tapping the mutually-beneficial partnership method to advance the above-mentioned mission. The private partners compatible with the objectives and the spirit of the initiative will be explored to build alliances with the motivated and eligible partners from the local communities across the country. Both partners i.e., management of FEN and the local franchisee will complement each other’s needs and leverage upon each other’s strengths to establish a school that can guarantee the realisation of above-described goals. The expansion strategy has the following outline.

  • The FEN education network, is essentially not-for-profit social innovation.
  • The venture aims at economic and social uplift of the poor and the under-privileged through targeted education intervention.
  • The expansion of the system to attain universal education relies on franchise model of business development.
  • The school will be set up by and will be the ownership of the school will lie with the franchisee.

Unique Features

FEN unique features are given below:

  1. FEN HO shall be responsible for the funding; fifty percent of the one-time set up cost and 70 percent of the monthly operational cost of the school.
  2. The site survey, feasibility report, need and impact assessment services before opening of the new school will be examined and approved by HO.
  3. Approval of the new school, Head teacher, and enrolment ranges will be made by HO.
  4. The funding shall be subject to school’s meeting the targets set by the FEN HO.
  5. FEN HO shall be responsible for provision of curriculum, academic calendar, syllabus, books, stationary, lesson plans, teacher guides, students’ personality development, extra-curricular activities, and periodic / annual students’ evaluation etc.
  6. FEN HO shall take responsibility of hiring; pre-induction and periodic trainings, and professional development of the teachers and allied staff.
  7. FEN HO will be responsible for any legal and administrative support; supervisory and trouble-shooting services and R & D, data management and graduation/accreditation services.
  8. Any other responsibility that may be assigned to FEN HO by Falah Foundation.