Improving the Profitability of Private Schools – Business Article
Intimidated by the long-drawn process of getting a loan approved from conventional sources such as banks and traditional NBFCs, schools in India often discard the idea of borrowing funds for improvements on their campus. They try to make the most of their limited available funds, even if it means some degree of compromise on the quality of upgrades they had planned for the school. Such an approach does not bring any benefits in the long term. In some cases, it…