Monday 14 October 2013

How to Start Private School in Nigeria:

What is school?

School can be defined as institution for the instruction of children or people under college age.
An institution for instruction in a skill or business: a secretarial school; a karate school.
What is private school and what makes private?

Private school in this context is where teaching and learning takes place and the management of such school I managed by people outside government circle. This can take place in a public building like community hall of private owned building. It is private because it is privately owned and managed by an individual owner. Formerly schools are owned by government and religious organizations. Schools owned by the government is known and called government schools, as those owned by churches or religious groups are known and called mission school. While those privately owned by individuals are call private schools.

The number one priority of every parent is to send their children to school to acquire knowledge from infancy, and school fees for these children take more than fifty (50%) percent of what parents are working for, depending on the number of children you have.

Nursery and Primary school business in Nigeria has become more profitable these days than ever before due to the number of children that are born every day. With such increase in the number of children born yearly — comes the need for more Nursery and Primary schools that will cater for them, and the need for even more will continue over time.

In those days, a single government or missionary owned primary school in a community would be just enough to cater for the children of the entire community. Then, there was no need for private nursery and primary schools. Today, the story has changed — no single primary or nursery school would be able to take care of the entire kids in a community, especially in urban places like Lagos and Abuja.

It has also become the general perception that the standard of education in privately owned and managed schools are higher compared to that of the ill-equipped and badly maintained government owned schools.

Sending ones children to public schools is equally regarded as evidence of poverty. Therefore, every parent struggle to send their children to any available private school doesn’t matter if that one is even worse than the public school as long as it is called ‘Private school’. These general trends have combine to make investment into nursery and primary school a worthwhile investment.

I have seen someone who only manage to feed few years ago become a millionaire through the small nursery and primary school he borrowed money to start.

Some of the lowest nursery and primary schools in areas like Abuja and Lagos charge nothing less than N7,000 as school fees, while good ones charge from N30,000 to as much as N500,000 school fees per term (I pay N75,000 for my 3years old daughter per term) just to learn A.B.C

If in your school you charge N10,000 per term and you have 200 pupil, the amount you’ll be getting from school fees is 10,000 x 200 = 2,000,000 Naira
Two million naira) per term and it wouldn’t take you more than a million Naira to run such school every term.

Now you can see that investment in Nursery and Primary school is a worthwhile investment that has decent profit returns. If you are ready to hit the ground and get started, here are the requirements.
Land/building in a good Area

Prices of landed property varies from place to place but you can get land in some developing areas of Abuja and Lagos for about N600,000 to N2,000,000. Don’t buy in isolated area where people are not living, no parent would want to patronize you in such area.

Due the inherent risk involved in child’s movement, parent will prefer a school that is within their home, and for easy pick up of their children.

Minimum of --- plot of  land is what you need to be able to accommodate the school building and playground.

Note: Some people go for rented apartment — if you do not have enough money to buy land and build your own house, rent an apartment, and use it to raise money to build later
Erect your building

The cost of building depends on the size and quality of the building you intends to construct. Your Engineer will be able to put you through in this, seat down with him to discuss it properly.

Insist on good structure because, your marketing starts from there. The classrooms should be spacious, at least -----m square per child under the age of two, at least ----m square per child aged two or at least ----m square per child aged three to seven.

Most Nursery and Primary school class rooms used to small and jam-packed. Yours shouldn’t be like that. Water is very essential and you need plenty of it in your school, get borehole that will supply you water at all times.

 Equip your Classrooms

Apart from the normal chairs and tables (which you can get Carpenters to do for you at a very reduced price) you also need to equip your classrooms with -------- and other learning aids, parents will be happier to pay when they see that your classes are properly equipped.

You need plenty of -------- and other ------- that are used for children’s education and Montessori. You need ------- and large ------- in all the classrooms, not to ------ but for ------- and sometimes, ------ depending on the class and the children’s age.

Buy a ------- if you intend to ------- which almost  is compulsory for every school since most parents would demand for it. A nice -------- goes for about --------. Get decent----- that will speak well of your school, and avoid jam-packing children in a =====.

If one ----- isn’t enough buy ----, parents are paying you extra for the service, give them the best they deserve. Besides, it’s irritating seeing children packed up in a ----- that is not fit for ------- animals let alone human being.

Employ qualified Teachers

If you are just the proprietor of the nursery and primary school, you do not need any formal qualifications but if you are going to be the school manager you need the minimum of ----- and experience in ----------

Your Teachers should have minimum of------ and experience in -----or play-work. Teachers who are ------ about children are preferred.
Register your School and Kickoff

Like every other businesses, you need to register your school as ----- depending on what you want, if there are -------------.

Approach the --------- to register ---- -------; you may need our services or not in this regard.

Once you’ve put all these in place, the next thing is to advertise your school/institution and get down to business.

For school to be fully recognized it must be registered and approved by the ------------------------. We may help in the registration if you so wish. 
As well we have full details on how to start institutions of higher learning (Private Polytechnics, College of education, University, Entrepreneurship Institution/Skills acquisition centers in Nigeria)

 For more explanations call 08036721009, 08076075205, 07088788710 or e-mail:

 Detailed information will cost N10,500 (Ten thousand Five hudred naira) payable to our company’s account. After payment call: 08036721009, 08076075205, 07088788710, or send e-mail to Stating Reason for payment, Bank paid in, Amount paid, Teller No. and your e-mail id, to enable us forward the e-book to you after clearance from our banker.

 Account Name: Vester Royal Business Magnet Company.
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