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To start your own private school in Nigeria is a very difficult task.
It requires dedication, commitment and above all much capital.
Private schools always contain a high level of academic quality,
fewer students, more core subjects, adequate discipline, and good
security. I believe that the reason for starting your own private
school is profit inclined. Private schools are rising in number these
days owing to the fact that public schools cannot keep up with the
high number of students. The orientation of the general public is
now changing to the idea that education is not specifically meant
for the male alone.
In this article, I will be teaching you how to start your own private
school in Nigeria.
Factors to consider before you start
your own private school.
Possessing good educational quality e.g PhD, HND, BSC: If
you do not possess all these, you are required to hire
somebody with all those qualities. Also, you must hire
somebody with experience in handling school pupils.
Having huge capital in place: Money is a vital thing you
need before you can start your own private school in
Nigeria. You will require about N12million to start your own
private school.
Finding a conducive environment for learning: No normal
person will like to learn in a dirty and rough environment.
So that implies you should search for a clean and spacious
learning environment.
Getting to know how lucrative the business is: If you are
driven by money to start this business then this school
business isn’t for you. You will need a minimum of 3 years
and a maximum of 6 years to be able to make waves in
the school business.
Now let us get down to the real business of the day on how to
start your own private school.
These are the Simple Steps to Start
your own private school in Nigeria,
you should:
1. Write down a mission
statement for your new school
What you are writing down is your aim and objective of your
new school. It should contain how you want your school to run,
the extra co-curricular activities you want. This is the most
important thing to focus on when you decide to start your own
private school in Nigeria.
2. Gather round board of directors
Before you think on how to start your own private school, you
are required to gather people who have the same driven
ideologies as you. If you succeed in doing that, I bet you your
private school business will flourish with time.
3. Write down your business
plans
Your business plan should contain your financial capabilities,
marketing strategy and academic ideas. Writing down a business
plan will greatly assist you when you finally open your school.
4. List out your budgets and
expenses
This point is also essential in starting your own private school. The
budget you will be creating should contain your startup capital.
You are required to know that there is extra expenditure you are
likely to incur when finally open your private school. For example,
when you have a spoilt fan in any classroom, the extra money
you will keep can help you get a replacement.
Read Now==> How to achieve your Business Goals
5. Get a suitable location
As earlier said at the beginning of this article, getting a conducive
environment for learning is key to acquiring a huge number of
students. You can either build a school or rent a neat and spacious
place which you know your prospective students will like. In
addition, if you want to open your own private school, find a
location where there are little or no schools. Note that this would
help you in getting more pupils.
6. Employ qualified teachers/
tutors
You cannot start your own private school in Nigeria without
acquiring the services of teachers. That is because you alone
cannot handle the enormous tasks waiting ahead of you. It is
often said, the hallmark of a good school depends on its teachers.
Therefore, you are required to hire teachers who have at least 5
years experience in the teaching job.
Also, teachers who obtained first class, second class upper and
lower from their respective institutions should be your criteria.
Since it is a private school you are starting, salaries of teachers
would be high because of the academic qualifications of the
teachers. It is also required of you to employ non-teaching staff
members. They may include counsellors, gatemen, cleaner,
secretary etc.
7. Have effective marketing
strategy/Advertisement
You cannot expect to get a large number of students for your
own private school without having an effective marketing
strategy. You are required to print posters, flyers, handbill and
distribute them to the public. The posters should contain what the
students stand to gain if at all they apply to your school.
You can also create an enticing website and rank it well on search
engines for people to know the whereabouts of your school. In
addition, you can advertise your private school on local TV and
radio stations as well as in newspapers and magazines.
8. Getting Federal Government
Approval
You are expected to register your school under the right
authorities so as not to regret when your school gets closed
down. It will take some time before you get approved e.g 2 years.
The more reason why you should register your private school is
that some parents like to see their children go to a government-
approved school.
Alternative means of starting your
own private school business in
Nigeria
Should you decide on starting your own private school in Nigeria
but don’t wish to take the risk of it not becoming successful, I will
show you other options that you have. This should be the best
options for investors who don’t have heavy financial fundings.
Start as a Lesson/Tutorial Center
If you don’t want to take the risk of starting a school all at once,
you can test the waters by kick-starting as a tutorial centre. This
tutorial centre should be focused on writing external exams like
Jamb, WAEC, and others like G.C.E. Once you are able to start
gathering students who are interested in writing these exams, it
becomes a starting point.
Begin from JSS1 or the Lowest Class
Once you are able to fill up your JSS1 class, you rest assured that
you have enough students that would keep on graduating from
class to class. This would become a continuous stream of income
for the students in your JSS1 class as they move up higher
classes. This is one of the smartest ways to start your own
private school business.
Convert the Higher Class to SS3
Once you have gotten the name and goodwill from parents who
were satisfied with your service (for making their kids graduate
with good results), they will surely bring other kids to your
institute. Once the exam class becomes too much in number, you
can then convert it to an SS3 class.
Open up Admission for other class
levels
This would be the last step if you decide to start your own private
school. At the stage, you have gotten the name, number, and
feedback from parents. You can now go back and work on it,
open up other classes for admission; then you start swimming in
money. That is how starting your own private school can be so
profitable.
Starting a private school business in Nigeria is very lucrative
owing to the fact that the fees of each student are always high.
This is due to the excellent teaching by well-qualified teachers. I
hope this article has been able to teach you how to start your own
private school. To get more ideas, just subscribe to the blog with
your Email.
Please share this post with your friends. It will also help
them
4
SHARES
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Table of Contents
1. Simple Steps for starting a Profitable private school business
in Nigeria
1.1. Factors to consider before you start your own private
school.
1.2. These are the Simple Steps to Start your own private
school in Nigeria, you should:
1.3. Alternative means of starting your own private school
business in Nigeria
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It requires dedication, commitment and above all much capital.
Private schools always contain a high level of academic quality,
fewer students, more core subjects, adequate discipline, and good
security. I believe that the reason for starting your own private
school is profit inclined. Private schools are rising in number these
days owing to the fact that public schools cannot keep up with the
high number of students. The orientation of the general public is
now changing to the idea that education is not specifically meant
for the male alone.
In this article, I will be teaching you how to start your own private
school in Nigeria.
Factors to consider before you start
your own private school.
Possessing good educational quality e.g PhD, HND, BSC: If
you do not possess all these, you are required to hire
somebody with all those qualities. Also, you must hire
somebody with experience in handling school pupils.
Having huge capital in place: Money is a vital thing you
need before you can start your own private school in
Nigeria. You will require about N12million to start your own
private school.
Finding a conducive environment for learning: No normal
person will like to learn in a dirty and rough environment.
So that implies you should search for a clean and spacious
learning environment.
Getting to know how lucrative the business is: If you are
driven by money to start this business then this school
business isn’t for you. You will need a minimum of 3 years
and a maximum of 6 years to be able to make waves in
the school business.
Now let us get down to the real business of the day on how to
start your own private school.
These are the Simple Steps to Start
your own private school in Nigeria,
you should:
1. Write down a mission
statement for your new school
What you are writing down is your aim and objective of your
new school. It should contain how you want your school to run,
the extra co-curricular activities you want. This is the most
important thing to focus on when you decide to start your own
private school in Nigeria.
2. Gather round board of directors
Before you think on how to start your own private school, you
are required to gather people who have the same driven
ideologies as you. If you succeed in doing that, I bet you your
private school business will flourish with time.
3. Write down your business
plans
Your business plan should contain your financial capabilities,
marketing strategy and academic ideas. Writing down a business
plan will greatly assist you when you finally open your school.
4. List out your budgets and
expenses
This point is also essential in starting your own private school. The
budget you will be creating should contain your startup capital.
You are required to know that there is extra expenditure you are
likely to incur when finally open your private school. For example,
when you have a spoilt fan in any classroom, the extra money
you will keep can help you get a replacement.
Read Now==> How to achieve your Business Goals
5. Get a suitable location
As earlier said at the beginning of this article, getting a conducive
environment for learning is key to acquiring a huge number of
students. You can either build a school or rent a neat and spacious
place which you know your prospective students will like. In
addition, if you want to open your own private school, find a
location where there are little or no schools. Note that this would
help you in getting more pupils.
6. Employ qualified teachers/
tutors
You cannot start your own private school in Nigeria without
acquiring the services of teachers. That is because you alone
cannot handle the enormous tasks waiting ahead of you. It is
often said, the hallmark of a good school depends on its teachers.
Therefore, you are required to hire teachers who have at least 5
years experience in the teaching job.
Also, teachers who obtained first class, second class upper and
lower from their respective institutions should be your criteria.
Since it is a private school you are starting, salaries of teachers
would be high because of the academic qualifications of the
teachers. It is also required of you to employ non-teaching staff
members. They may include counsellors, gatemen, cleaner,
secretary etc.
7. Have effective marketing
strategy/Advertisement
You cannot expect to get a large number of students for your
own private school without having an effective marketing
strategy. You are required to print posters, flyers, handbill and
distribute them to the public. The posters should contain what the
students stand to gain if at all they apply to your school.
You can also create an enticing website and rank it well on search
engines for people to know the whereabouts of your school. In
addition, you can advertise your private school on local TV and
radio stations as well as in newspapers and magazines.
8. Getting Federal Government
Approval
You are expected to register your school under the right
authorities so as not to regret when your school gets closed
down. It will take some time before you get approved e.g 2 years.
The more reason why you should register your private school is
that some parents like to see their children go to a government-
approved school.
Alternative means of starting your
own private school business in
Nigeria
Should you decide on starting your own private school in Nigeria
but don’t wish to take the risk of it not becoming successful, I will
show you other options that you have. This should be the best
options for investors who don’t have heavy financial fundings.
Start as a Lesson/Tutorial Center
If you don’t want to take the risk of starting a school all at once,
you can test the waters by kick-starting as a tutorial centre. This
tutorial centre should be focused on writing external exams like
Jamb, WAEC, and others like G.C.E. Once you are able to start
gathering students who are interested in writing these exams, it
becomes a starting point.
Begin from JSS1 or the Lowest Class
Once you are able to fill up your JSS1 class, you rest assured that
you have enough students that would keep on graduating from
class to class. This would become a continuous stream of income
for the students in your JSS1 class as they move up higher
classes. This is one of the smartest ways to start your own
private school business.
Convert the Higher Class to SS3
Once you have gotten the name and goodwill from parents who
were satisfied with your service (for making their kids graduate
with good results), they will surely bring other kids to your
institute. Once the exam class becomes too much in number, you
can then convert it to an SS3 class.
Open up Admission for other class
levels
This would be the last step if you decide to start your own private
school. At the stage, you have gotten the name, number, and
feedback from parents. You can now go back and work on it,
open up other classes for admission; then you start swimming in
money. That is how starting your own private school can be so
profitable.
Starting a private school business in Nigeria is very lucrative
owing to the fact that the fees of each student are always high.
This is due to the excellent teaching by well-qualified teachers. I
hope this article has been able to teach you how to start your own
private school. To get more ideas, just subscribe to the blog with
your Email.
Please share this post with your friends. It will also help
them
4
SHARES
Share Tweet Pin
Linked
Table of Contents
1. Simple Steps for starting a Profitable private school business
in Nigeria
1.1. Factors to consider before you start your own private
school.
1.2. These are the Simple Steps to Start your own private
school in Nigeria, you should:
1.3. Alternative means of starting your own private school
business in Nigeria
Get web hosting with unmatched
support
YOU MAY LIKE
Brilliant Trick
Melts Belly Fat
Overnight (Do
This Tonight)
This Will
Narrow Your
Stomach. You
Will Lose 17
Kg In A Week
Greencoffee
Stand A Chance To Win 1
Naira - #NairabetNearWi
Nairabet
HAVE YOU READ THIS? How to
Make Money as A Nigerian Student 2019
HAVE YOU READ THIS? See the
Simplest Ways to Receive Money from
Abroad
