The number of schools especially those
owned by private individuals are increasingly growing in almost
everywhere in our towns, cities and villages. While owners create the
schools to provide quality education, it is certain that the dividends
that come with owning them are something to ride home about. As you read
this article I bet you that a school is either being conceived
somewhere or perhaps the creation process has actually begun.
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| Standard Private School | Photo credit: BBC.CO.UK |
I assure
you that there is no better way to start your private school than first
getting the knowledge demonstrated in this article first hand.
You
could start a private school any day any time but if you want to set a
high standard and win this lucrative market, you need to take the pains
of going through the details with me. However, the result will show for
the time you put in and the good news for you is that plenty of folks
have done the same thing you are thinking of doing. I tapped from their
experience and believe that you will find much inspiration and practical
advice from this piece.
Starting a high standard school takes some time, money and patience. Here is how you can go about it following a timeline.
1. Carve Out Your Own Niche
It
will be unrealistic to think that you can start a school that will
offer education to every community and age group. About 35-25 months
before opening, determine where you want to set up the school and what
kind of school the local market needs. Is it a day-care, pre-nursery,
nursery, primary, secondary, day, boarding, etc.? You need to know what
their needs in this area are and seek to meet them.
After
you determine what kind of school you will be opening, then decide how
many classes will actually open the school. It is advisable to start
from the lowest levels and then keep adding classes as you get older in
the business.
2. Come Up With a Committee
A
good school is not started on one mind. It is built on a think tank of a
number of minds put together to think through all that is required. If
you think of the school in many years to come with say 5000 students
enrollment, you will want to take it more seriously than you would,
thinking just in the next 2-3 years. Synergy is key to success here like
in most businesses. So form a committee.
Let’s
say you’ve got 24 months to opening, the next serious thing you need to
do is to form a small committee of talented supporters to begin the
preliminary work. You may like to include parents with financial, legal,
management and building experience. Ask for and get a commitment of
time and financial support from each member. This important planning
work will demand much time and energy. These people can become the core
of your first board of directors.
3. Seek Accreditation Well Ahead Of Opening
Let’s
say you now have 18 months to opening. This is the right time you
should be preoccupied with filing incorporation papers with your
education authorities in your country or region for accreditation. The
lawyer on your committee should be able to handle this for you. There
are likely going to be costs associated with the filing, but he/she
should donate his/her legal services to the cause.
Note
that this shall eventually be a critical step in your long term fund raising plan. People will give money much more readily to a legal entity
or institution as opposed to a person. If you have already decided to
establish your own exclusive school, you will be on your own when it
comes to raising money. In other words if your school is unregistered
from the onset, you may soon forfeit government subventions.
4. Get a Business Plan in Place
Also, when you still have 18 months in your sleeves, develop your business plan.
This should be a blue print of how the school is going to operate over
its first five years and the expansion strategies in place for many
years ahead. Always be conventional in your projections. Do not try to
do everything in the first five years unless you have been lucky enough
to find a donor to fund your school entirely. A good business plan will guarantee the sustainability of your school when it eventually goes operational. See why and how you should develop a business plan.
5. Draw Up a Realistic Budget
Also,
as part of your business plan, draw a five year budget that details
your income and expenses. The financial person on your committee should
be responsible for developing this critical document. As always, project
your expectations conservatively and factor in an additional amount
that could rescue you if things go wrong.
You
need to develop two budgets: an operating budget and a capital budget.
For example, a swimming pool or an arts facility would fall under the
capital side, while planning for social security expenses like bus
services would be an operating budget expense. Take into serious
consideration, growth over five year’s period. You may want to seek
advice from an expert.
6. Get a Suitable School House
12
months to starting, find a facility to house the school or develop
building plans if you will be creating your own facility from scratch.
You don’t want to just choose an archaic house to host your school
because it is inexpensive. A modern and nice structure is one of those
things that will make your school outstanding. There should be something
in your premises that says, “Welcome!”. The campus should be appealing
first to parents and then to the pupils or students. Get your architect
and contractor committee members to spearhead this assignment.
Think
carefully before you leap at acquiring that wonderful old mansion or
vacant office space. Schools require good locations for many reasons,
not the least of which is safety. Older buildings can be money pits.
Make use of segmented buildings and improve on the campus with flowers
and lawns.
7. Seek Tax Exempt Status
At
this point, with about a year to start, apply for tax exemption in
conformity with the laws related to this in your country/region. Again,
your lawyer can handle this application. I do not in any way encourage
you to refrain from paying local taxes but getting tax exemption can
enable you get contributions from donors that are not subject to taxes.
People and businesses will definitely look upon your fund raising
efforts much more favorably if you are a recognized tax-exempt
organization.
8. Get Some Key Faculty Members
This
is also the right time to identify your Head Teacher and your Business
Manager. Conduct your search as widely as possible. Write job
descriptions for these and all your staff. You will be looking for
enthusiastic and highly motivated self-starters who enjoy building
something from scratch. Once all other things have been put in place,
hire the head and the business manager. They need the stability and
focus of a steady job to get your school open. You need their expertise
to ensure an opening on time.
Also
begin to assemble your staffing team, making sure you get qualified
teachers for each subject. This aspect will constitute a major
determinant of how fast the school will grow.
9. Raise Funds For a Successful Opening
With
say ten months left, you need to secure your initial funding from
donors and subscriptions. You will need to plan your campaign carefully
so that you can build motivation, and raise the funds required.
You
could appoint a dynamic leader from your planning group to ensure the
success of these initial efforts. Car washes are not going to yield the
large amount of capital which you will need. Well-planned appeals to
foundations and local philanthropists will pay off. If you can afford
it, hire a professional to help you write proposals and identify donors.
10. Identify The Staffing Requirements
Go
ahead to identify what your staff will require, for them to teach well.
Having them receive all the didactic materials and deserving
compensation will enable you meet your goal of delivering quality
education to the attendees. Sell the vision of your school to them. If
they buy your vision, rest assured that they will run with it to
wherever you desire.
11. Publicize Your School to Stakeholders
Eight
months to starting, advertise your schools to stakeholders using
available media like TVs, radios, newspapers, and online on social media like Facebook.
You could even create a website for your school and promote it. Be sure
you advertise through the media that will enable you get to your target
audience efficiently. Equally, design a website and set up a mailing list to keep interested parents and donors in touch with your progress.
Marketing
your school is something which has to be done consistently,
appropriately and effectively. If you can afford it, hire an expert to
get this important job done.
12. Now, It’s Time to Open For Business
Five
months to the school opening, it is time to open the school office and
begin admissions, interviews and tours of your facilities. In addition
to admissions and other activities you have begun carrying out, you also
at this time should order instructional materials, planning curricula
and devising a master timetable. You could get the team of professionals
around you attend to some of these things while you have time to handle
other tasks.
13. Get Your Teachers And Orientate Them
Have
teachers in place to get the school ready for opening. The first year
at a new school requires endless meetings and planning sessions for the
academic staff. Get your teachers on the job no later than two months
before inaugural in order to get them adequately prepared for opening
day.
Depending on how
lucky you are at attracting qualified teachers, you may have your hands
full with this aspect of the project. Take the time needed to help your
new teachers get acquainted with the school's vision. They need to buy
into it, or else their negative attitudes could create a host of
problems.
14. The “D” Day
The
long awaited opening day is finally at hand. Make this light-hearted
opening at which you welcome your students and any interested parents at
a brief assembly. Then off to classes. Teaching is what your school
will be known for. It needs to begin promptly on Day 1.
The
formal opening ceremonies should be a festive occasion. Schedule it for
a few weeks after the soft opening. Faculty and students will have
sorted themselves out by then. A feeling of community will be apparent.
The public impression which your new school will make will be a positive
one. If possible invite local, regional and state leaders.
15. Strive to Always Be Up-to-Date
After
the opening, make sure you join national or private school
associations. Through such gatherings you will find incomparable
resources. The networking opportunities for you and your staff are
virtually limitless. During the first year, plan and attend association
conferences, so that your school can gain prominence. That will ensure
plenty of applications for vacant positions in the following academic
year.
Vital Tips:
- Be conservative in your projections of revenues and expenses even if you have an angel who is paying for everything.
- Make sure real estate agents are aware of the new school. Families moving into the communities always ask about schools. Arrange open days, houses and gatherings to promote your new school.
- Submit your school's website to sites like this one so that parents and teachers can become aware of its existence.
- Always plan your facilities with growth and expansion in mind. Be sure to keep them green as well. A sustainable school will last so many years. One which is planned without any consideration of sustainability will fail eventually.
What You Need:
- A Planning Committee
- A Head of School
- A Business Manager
- A Business Plan
- The Right Environment
- Dynamic, effective fund raising
- Professional marketing
- Qualified Teaching Staff

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