Investing your money in an educational enterprise is a promising proposal as it is a prospering sector

with an extending demand for schools. With 99% of the children not being enrolled in an organised
preschool, there is a huge untapped potential in the education sector. If you are exploring the idea of
operating your own school but are daunted by the whole procedure, here we are with a step by step
guide to ease out the process for you:

1. Prepare a blue print

The very first step to start a school is to plan everything in advance. Develop a business plan
on how your school is going to operate over its first five years. Plan the location, faculty,
teaching subjects etc. This plan will act as a blue print, on the basis of which your school will
operate in future.

2. Develop a budget

After making the blue print, the next important step is to arrange your finances. To open a
play school anywhere in India is going to fetch a minimum of ₹6-8 lakhs from your account.
A primary school will require an investment of about ₹8-10 lakhs. For setting up a 10+2
school, the cost can go up to ₹2 crores. Plan your budget distribution in building the school,
making furniture, recruiting the staff, advertisement charges etc.

3. Associate with a trust or society

In most areas any school with classes up till kindergarten can be opened as a
proprietorship/private limited company/trust/society/LLP etc. However, schools running from
classes 1 onwards needs to be run under a registered trust or society.

4. Finding a suitable land

The next step is to acquire land for your school. You will require a 2000 sq.ft of area on the
ground floor for a play school. The selected land for opening a primary school should be
around 6000 sq ft to 7000 sq ft, while a senior school will need an area of upto 2 acres. After
getting an NOC from the Department of Education, you can buy the land from land owing
agencies. Instead of buying a land, you can also take it on lease but with rental agreement for
at least 30 years.

5. Start early

Once you finalise the land, start planning its construction without delay. Appoint a contractor
or an architect to design your school’s building and its office. When opening a school, it is
important to take care that you have students’ safety measures in place, big playgrounds,
colourful classes, proper ventilation and sanitation etc.

6. Approach the Department of Education for recognition

After your school is ready and all the construction work is finished, the next step is to get the
recognition. Apply to the Department of Education of the State Government for your school’s
recognition.

7. Recruiting qualified staff

Appoint the Head of your school and your business manager. Start interviewing candidates
and select qualified and experienced staff for office, subject experts as teachers, full time
maids etc.

8. Promotional strategies

Promote your school through newspaper advertisements, brochures, hoardings, banners etc.
Design a website and set up a mailing list to keep interested parents in touch with your
progress.

9. Pre-launch

After promoting your school, open the school office and begin admission interviews. Ask
your appointed teachers to plan curriculum, teaching strategies, learning environment, buy
teaching aids etc.

10. Opening ceremony

You can schedule a formal opening ceremony, which will be a festive occasion, before or
after one week from the beginning of your school’s session. Prepare a welcome speech
addressing students and their parents about your goals and how your school is going to
benefit the society. Arrange a feast for the guests.