How To Start A Private (Nursery And Primary) School In Nigeria. Free Guide.
How To Start A Private (Nursery And Primary) School In Nigeria
PROFIT POTENTIALS OF STARTING A PRIVATE (NURSERY AND
Starting a private school is very profitable, that’s why the numbers of schools are increasing rapidly by the day.
In Abuja to get a good Nursery school starts from an N25,000.00 while primary school starts from N40,000 and above as much as N750,000.00 per term (3months).
The profit of this business depends on the number of students you have.
Let’s say I have a private school name: SmartBrainz Int, and I have over 30 students per level (class), starting from Nursary1 – Primary 6 (which is 9 class).
If I charge N30,000 for each the student (though primary should pay more), 30student x 9classes = 270 over (270 students in the school). 270 students x N30,000 = 8,100,000.00.
That is an N8.1 millionaire. If I pay my teachers N40,000 monthly, and I have 9 teachers based on the classes, I will be paying a sum of
N40,000 X 3months = N120,000.00
N120,000.00 x 9teachers = 1,080,000.00
If other expenses arose and the school used 1millionaira for 3months, all spending would be N2,080,000.00.
To calculate the profit made
N8,100,000.00 – N2,080,000.00 = N6,020,000
At the end of 3 months, we made a sum of N6,020,000.00 pure profit. that mean N2,000,000.00 every month.
Some other schools charge additional fees for Exams and lessons.
REQUIREMENT TO START A PRIVATE (NURSERY AND PRIMARY) SCHOOL IN NIGERIA.
GET A LAND:
Just like every other business, you will need land to be able to set up a Private (Nursery And Primary) School. The land should be big enough to carry 10class rooms with at least 3 offices.
It is nice to have a hall in your school for competition, exams, meetings, and anything that might call for it use.
Your land should be big enough to have a playing field and other game courts.
ERECT THE PRIVATE (NURSERY AND PRIMARY) SCHOOL BUILDING:
Now that we have the land, the next thing is to erect the building. Each classroom should be very wide to contain over 50 lockers (though we will not be having up to that per class).
Also, while building the hall, we should try to think of the possible event that might need the use of the hall, and how many persons it can take.
In this case, if the school is to have a (PTA) Parent Teacher Association meeting, we should be sure that the hall will carry both the student, the parents and the Teachers.
EQUIP THE OFFICE AND CLASSROOMS:
The classes need lockers for the students, preferably single lockers. It also needs a whiteboard (marker). For the board, you can manage a blackboard.
The floor of the building should be neat and clean, tiles can be used.
Each classroom should have a teacher locker as well(that is if the teacher will be with them in the class).
For the three offices in your Private (Nursery And Primary) School, one of them should be the director’s office, one the principal office, while the last one is the staff office.
The staff office should have staff lockers where each teacher will be able to sit.
The principal office can have a locker for the principal.
The Director will be having some visitors on a regular base, so it should look good and have visitors chairs.
REGISTER THE PRIVATE (NURSERY AND PRIMARY) SCHOOL:
The school has to be registered by the Corporate Affair Commission on Nigeria, before registering the business with them you can talk with a lawyer to be on a safer side of the business.
NOTE: with just N30,000.00 you can register your business with 2weeks.
Before you register your business, you should have a business name idea already, because you will be needing it.
Read This: Make money teaching people to make money
GET REGISTERED SECURITY:
Please, this should not be taken for granted at all. Most of us know how unsecured the days are becoming to avoid any form of issues that might arise, a registered security service will be needed.
The security will also help people patronize your school because everybody these days is very much consent for the child’s safety at school.
This is how simple it is to start a Private (Nursery And Primary) School an make money.
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