You can start different types of schools based on your investment range. This investment (in addition to the land) can start from 3-4 Lakhs for a playschool (also referred to as preschool/nursery school/kindergarten/Montessori) upto 20 crores for a full fledged boarding school of international standards. You can start on your own or take a franchise of a school brand.
Playschool: The area should have at least 3-4 rooms for classrooms & activities. Playschools don’t require any affiliation but you must check with the local civic authorities whether a playschool is permitted at the location you have identified. Ideally it should be in a decent residential location with a sizeable population in the immediate vicinity. You should also budget for cash for 6 months by which preschools normally break even.
Senior Secondary School: You should check the minimum requirements in terms of area and construction from the school board you are planning to get the affiliation from. The thumb rule for size is – the further your land is from the city- the bigger it should be to enable you to offer more facilities than what city schools may be offering in limited area. You should also budget in cash for 2 years as the break even normally happens by the third year.
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July 7th, 2008 at 12:25 pm
I read the post and I would like to know more about the details. I have a house where no one puts and I want to give it on rent. But now, I think of opening a play school. The only concern is that it is in the middle of the city. Would it be feasible to open a school in the house
August 30th, 2008 at 12:24 am
Hi Amol
I would like to see in this blog the complete process through a person must require going to start school.
January 5th, 2009 at 3:29 pm
hi, i have around 46 acre of land in a village of Karnal,haryana. I am very intersted to build up a school over there. I am looking for the details because it is a major project. So can you help me on this