How Can I Start a School?
Investing your time and money in today’s growing education sector is a lucrative idea. It is a profitable venture because of the unending demands of new schools. Further, it helps you serve the social cause of imparting education and in return, it gets you recognition in the society.
So, if you are planning to enter into this education sector, you need to consider some important things before starting your school, which are given below.
Investment
The first thing to consider is the capital investment required for starting a new school. The investment largely depends on the type of school you want to open. For instance, you can start a play school with Rs 5-6 lakhs as the capital and for primary school; you need to invest atleast Rs.15-16 lakhs. Similarly, for 10+2 schools the total amount required is much more than small schools, it may range from Rs. 1-2 crore.
Location
Ensure that the location you have chosen to start a school is suitable for an educational institution. So, search for a location where there is greenery, peaceful surroundings and pollution free environment. Further, find out whether there is a requirement of new school in your chosen location or not.
Area of land
According to various education boards such as CBSE & ICSE, there should be minimum 1 sq.metre floor space available for each student. Hence, to set up a school, you require atleast 1 acre of land. For this, you may either buy a land or take it on lease (with rental agreement of atleast 30 years)
Documents
For starting a new school you need to complete formalities on paper, such as getting No Objection Certificate (NOC) from Department of Education (DoE), Memorandum of Association (MoA) of your Society/Trust etc. So, it is essential to form a list of documents required and complete all the legal processes on time.
Construction
Construction of the school building should be carefully designed for purposeful learning. The classrooms should be spacious, properly ventilated and hygienic. Moreover, the school should be constructed at one part of the land with a big playground on the remaining part.
Advertising
Promoting your school through events, banners, newspaper and cable-TV ad etc. is also an important point to consider for establishing a new school. You may also create a website or your school page on networking sites. Hence, it is essential to plan your marketing strategies in advance to advertise your school in neighbourhood because this will help you attract admission enquiries.
These are some of the important key factors involved in starting a new school. However, setting up a new school is a time-consuming process and lack of experience may make it a difficult task for you. Moreover, to make your school a known name in neighbourhood is a long procedure. Therefore, consider taking school franchise to minimize the expenditure required for this venture. Taking a school franchise benefits you with experienced guidance at every step. SHEMROCK India’s No.1 Preschool Chain is one such renowned brand which provides attractive franchise opportunity to aspiring entrepreneurs.
Hence, to take school franchise, fill the Enquire for School Franchise form and become a proud member of SHEMROCK Family.
