With more than 1.5 million schools and over 260 million students, India has one of the largest education systems in the world. According to the report by Global Industry Analysts, the education industry is experiencing huge growth and by 2022, it is on pace to become a $227.2 billion industry. So, if you are planning to start a business in the education sector, now is the right time to step in as in any business demand plays a huge role. However, opening a new school is a huge challenge. It is a complicated and long process that involves business plans, financing, logistics, construction, innovative business ideas and marketing among other things. Here is the list of things you must consider when making plans for starting a school in India.
- Market survey
The very first step is to conduct a market survey as this is the most ideal way to find out how feasible it is to start a school in your particular locality. It is important to know the need of the people for a school in a given specific area. This information would help to make a wise decision that can attract more students to your school.
- Registration and certification
The process of opening a school in India isn’t a cakewalk. You need to set up a society or trust as an initial step to get through the registration process. Then you need to find suitable land for opening a school and follow the necessary rules and regulations for getting the NOC in starting a school. As every region or state has different norms and regulations related to the department of education, you should ensure that you follow the correct rules for the particular state where the school is going to be set up.
Choosing an ideal location for your school building will help you stay ahead of your competitors. Once the construction of your building is complete, you need to apply for recognition. Also, you need to follow the guidelines issued by the respective Board. Every board has its own set of conditions for the secondary school on various aspects of building, layout, land, facilities and more.
- Hiring teachers and staff
In a school business, it is the staff that carries out the various jobs which are needed for its daily operation. They are the most important resource and also hiring them is one of the most difficult things to do while starting a school. They are the powerhouse of talent, skills, knowledge, and experience that help you achieve the goals of the school. So, it is essential to attract good staff and for that, you need to ensure that you have a competitive compensation package.
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Prior to operating the school, you need to recruit the Principal and receptionist to start promoting and admissions.
- Marketing and promotion
Marketing is important for any business, and hence before launching your school it is important that you do the marketing and promotion. You need to craft your message effectively and then promote it through online and offline channels. Further, you can also hire skilled professionals for the same in order to gain more admissions. Set up a mailing list to keep interested parents in touch with the progress of your school!
Starting a school will not only help you achieve your set goals but also give you a chance to make a difference in the lives of children every day.
Choose Shri Educare as your education consultant
It seems daunting to open a school in India, but it’s not if the guidelines are followed properly. Knowing the above things you can easily plan and run a school of your own. If you want the help of a professional consultancy firm that has the expertise and the knowledge, you can get in touch with Shri Educare. When you choose them, you attain the expertise to set up a quality school in India with the right guidance and suggestions. They will provide full management of the school in accordance with complete methodologies and systems that cover every aspect of school functioning.
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So, what are you waiting for? Get in touch with the Shri Educare team today and fulfill your dream of opening your school.