Dear business professionals,pls what are the cost in setting up a nursery and primary school,how huge is the profit and risks to be taken...what are the things to put in place

yusuf0876:
Dear business professionals,pls what are the cost in setting up a nursery and primary school,how huge is the profit and risks to be taken...what are the things to put in place

Hi.

First , you need a license to teach and make your certificates recognized from ministry of education. State.
Then you need to also pay any dues or levies .

Next you need to sit down and plan.
You need a conducive building. Fenced and gated. You need teaching materials, desks, teaching aids etc.
Then you need to get the staff that would teach. THOSE ARE THINGS YOU NEED TO SET IN PLACE.


FOR THE COST, there isn't any fixed amount. Many large schools all started small. So we can't tell toy a particular amount. But you must have money to rent the building, buy the teaching aids, and pay salary's for at least 3 months. So depending on the location, (because places like lag would be more expensive) at least 2m is fine for starters.

Risk is very huge.
A kid may die or be harmed and bad news spreads like wild fire. Everyone would pack their kids and run. Lol.
Profit won't come till at least one year. The population of the kids for the first two years would be very small, but if.you try to maintain the standard and if you get GOOD TEACHERS, NA THEM GO RUSH YOU.

Try getting Ghanian teachers. Very very good, patient and skilled.
Lastly, if you need a website or school management system, I'm the sure guy for you. If you need advise too, holla at me. For free