Re: Seeking advice of all sorts: Education, Real Estate, Jobs/business in Pakistan
Although personally i dont like calling schools or hospitals a business but it have turned into profitable business!!!
if you can have American School targeting Middle-Class with fee range not more than Rs.40,000/ Quarter, than you have bright chances of establishing a network of schools in Rawalpindi and Islamabad region and shall be making Profit in about 2 years if not earlier.
The problems you may face are:
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Security Clearance, which now a days not only obligatory but it is one of the key requirements by the parents… it takes big chunk of capital and operating expenses, and it is never enough.
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If you start it in rented building, the ever increasing rent would be bothering you, although there is a rent-agreement but seeing you running a successful venture, the owner would be threatening you to either vacate the building or pay higher rent.
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Teachers, qualified and educated teachers are hard to find, if you train few, they’ll leave for better alternatives the moment it is offered, even in middle of the year or semester ( thats where most lucrative offered are made).
Above three are major concerns in schooling business, but they’ll be fadeout in later years once you’d be able to build a brand…but these will haunt you during 1st 3/4 years.
Real Estate is good one, but you need to have lots of patience and courage! Since there is no hard n fast requirement to enter this sector, every tom dick and harry with little etc money gets into it..
2nd thing to be aware of, in initial years never to invest in newly established housing societies even if they have names like DHA..
always go for developed community.
No info on Jobs, but heard IT and telecom does have good jobs