You can start different types of schools based on your investment range. The investment, in addition to the land can range 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.