BusinessHAB22 Point to Build-up Private School in Nigeria
22 Point to Build-up Private School in Nigeria | Starting a private school is a challenging process and generally takes no less than 2 years. Private schools often have high academic standards, low teacher-student ratios, availability of non-core subjects such as art and music and an emphasis on discipline, safety, community service, and values.
Private schools can be proprietary (for-profit), however most are incorporated non-profit entities.
The following strategies will help guide you in starting a private school.
1. Determine the grade levels for your private school.
How many and which grades will you start with and how many will you eventually grow to include?
Many private schools start with fewer and lower grade levels and add upper grades over time.
2 .Write a mission statement for the school to focus your reasons for starting a private school.
This statement will be the driving philosophy for your educational plans and a way to gather community support.
The mission statement should include a rationale for starting your school, your school values, the educational approach, the curriculum focus and goals and planned outcomes for students.
3. Assemble a private school committee.
The committee will eventually become the core members of your board of directors.
Committee members should be experts in different areas, including education, legal, accounting, business and construction.
4. Research your state’s educational requirements for private schools.
In some states, private schools are overseen by a division of the Department of Education. Other states have individual accrediting agencies for private schools, while still others have no private school regulations.
22 Point to Build-up Private School in Nigeria
5. Create the business entity.
Determine if your private school will be proprietary (for-profit) or non-profit.
Most private schools incorporate and apply for tax-exempt status. File the appropriate paperwork with your Secretary of the State and the IRS. Your founding committee attorney should handle this step.
6. Write a business plan for your private school.
Create a 5-year business plan, including operational plans (such as financial and marketing) and educational plans (such as educational focus, curriculum, implementation and assessment).
22 Point to Build-up Private School in Nigeria
7. Determine your budget and secure your funding.
The budget should include capital expenses.
Your committee accountant or financial specialist should help with the budget, or you should seek expert advice.
If you are operating as a non-profit, solicit contributions by asking for donations from foundations, applying for grants and establishing donations from private donors.
8. Find a location for your private school.
Locate a current facility or develop plans to build one.
9. Interview and hire critical staff members.
The first 2 staff members you should hire are the headmaster and a business manager.
This should be done approximately 18 months prior to the start of school so you will have experienced professionals to help implement the final steps to starting your private school.
The headmaster/administrator will be able to help you handle the educational and staffing aspects of the school plan, while the business manager will work with you on duties such as enrollment and purchasing.
22 Point to Build-up Private School in Nigeria
10. Promote your private school to prospective parents and students.
Advertise for students through community, church and service groups.
You can also advertise through local newspapers and magazines.
And submit your school to online and private school directories.
Design a website that will provide admissions and enrollment information.
Join national private school associations for exposure such as NIPSA.org and NAIS.org.
11.Open your business office.
Begin the admissions process for students.
Order your curriculum materials, furniture and educational supplies.
22 Point to Build-up Private School in Nigeria
12. Interview and hire faculty.
It is extremely important to find highly-qualified teachers and staff, so be competitive in your compensation.
States vary in requirements for private school teacher qualifications.
Provide faculty training sessions several months before the start of school to familiarize the teachers and staff with the school, policies, procedures, expectations, curriculum and your vision for the school.
13. Open your private school.
Plan your opening for when other schools in the area are starting.
This is usually in the early fall, although in Nigeria it used to start on September.
14. Do I need a license to start a private school
You will need a business license.
And you will want to find the accreditation organization for your location.
15. Registration of private school
You might, but it’s better to consult with the state education board before you start.
As different places have different requirements.
16. Thanks! What are the requirements of a headmaster?
You will need a school leadership degree.
In order to get one, you will need a teaching degree and possibly a few years of teaching experience.
22 Point to Build-up Private School in Nigeria
17. Thanks! Do I need a specific degree to start a private school?
If you want to become a director of school, then you need at least a Bachelor’s degree.
If you make the director another person, you do not need a degree and license is necessary.
18. Thanks! How much capital do I need to invest to start a private school?
It depends on your country and a number of other factors, but you should expect to invest anywhere between #300,000-500,000.
19. Thanks! What are the formalities to get a business license?
Speak to your local city hall about acquiring a business license with limited liability.
(so that parents can’t sue you for your own personal assets).
After all, private schools ARE a business.
20. Thanks! How much money I need to open a school?
It depends on how many children you want in your school and the facilities you want.
It’s best to start with about 2 to 10 million.
21. Thanks! With the latest voucher program being implemented in Nigeria.
Can I use some of that money to start my school?
No, you cannot use a state or federal educational grant to start your own school.
It must already exist and be not for profit.
22. Thanks! How do I get students for my new school?
Advertise it as much as possible.
And make orientation for kids and parents to attend.
Thanks!
Also read on: 25 Tips to Build-up Music School in Nigeria
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