1. Demand - Lots of schools crop up to meet demand.
2. Consolidation – Too many schools. Chains begin to develop in response to the competition.
3. Information – There is competition but no reliable information. Rating and accreditation agencies develop.
4. Deregulation – Finally the policy-makers get convinced and liberalization of the sector happens.
5. Innovation – With more open and transparent markets and respect for IP, commercially viable innovation takes off on mass scale.
At each stage there are innumerable opportunities for social enterprises.
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