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Going Merry By: Robin Alva (01) Rahul Babar (04) Rakesh Choudhary (08) Nishant Grover (31) Alok Shettigar (44)

A BUSINESS PLAN ON HOW TO START AN elementary school

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Page 1: A BUSINESS PLAN ON HOW TO START AN elementary school

Going Merry

By:Robin Alva (01)Rahul Babar (04)Rakesh Choudhary (08)Nishant Grover (31)Alok Shettigar (44)

Page 2: A BUSINESS PLAN ON HOW TO START AN elementary school
Page 3: A BUSINESS PLAN ON HOW TO START AN elementary school

How to start a Nursery school

It includes 7 stages:1. Draft a Business Plan2. Seek out financing3. Registration4. Search for a facility5. Purchase equipment and supplies6. Hire employees7. Advertisement

Page 4: A BUSINESS PLAN ON HOW TO START AN elementary school
Page 5: A BUSINESS PLAN ON HOW TO START AN elementary school

Draft a business planConduct an analysis of the nursery schools and

early childhood development programs currently available in your area.

Identify geographical areas or populations in your community that are not being served and determine if your nursery school business can meet their needs.

Write out the amount of financing you need to secure to open your business as well as your plans for making the nursery school profitable.

Outline goals for your business and construct a timeline for achieving them while also discussing your plans for marketing, staffing and operating your nursery school business on a daily basis.

Page 6: A BUSINESS PLAN ON HOW TO START AN elementary school

LocationAn ideal location for a play school would be a place in a residential area with ample space outside filled with greenery. Usually play schools require a minimum area of 900 sq. ft to no actual upper limit. An independent house, duplex house, a full fledged building will all prove to be a good location for setting up a preschool. Commercial and traffic filled areas should never be opted for preschools. A serene and natural environment around the school would be a boon.

Page 7: A BUSINESS PLAN ON HOW TO START AN elementary school
Page 8: A BUSINESS PLAN ON HOW TO START AN elementary school

Seek out FinancingCheck with loan officers at banks, credit unions and other financial institutions in your area to learn if you qualify for a loan for your business based on your credit score and history. Ask about loans designed specifically for small businesses as some banks offer these on their own while others are available through the U.S. Small Business Administration. Find out what you need to do to raise your credit score and be able to qualify for loans if you are unable to do so now.

Page 9: A BUSINESS PLAN ON HOW TO START AN elementary school

Registration

Page 10: A BUSINESS PLAN ON HOW TO START AN elementary school

RegistrationComplete the application and curriculum requirements to register your nursery school with the appropriate agency in your state. Ensure that you are teaching the core elements of a preschool program that the state requires. Find out if your nursery school business qualifies for funding from the state if it accepts low-income or underserved populations of preschoolers in addition to children whose parents pay privately for their education.

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Search for a facilityDetermine how many classes you plan to have

as well as how many students you plan to enrol as this will help you find a facility to meet your needs.

Ensure there are enough classrooms as well as office space to accommodate the needs of students, teachers and staff.

Find a facility that offers a fenced, outdoor play area for children to use when weather permits or has enough room for you to create your own outdoor space for your nursery school business.

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Equipment & Supplies

Page 13: A BUSINESS PLAN ON HOW TO START AN elementary school

Purchase equipment and supplies

Obtain children's tables and chairs to place in each classroom. Select age-appropriate toys and activities for children to engage in when at the nursery school. Acquire computers and desks to use in the office area to manage the daily operations, finances and records of the nursery business. Develop a budget and method for ordering disposable supplies and items such as paper, food and cleaning supplies.

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Page 15: A BUSINESS PLAN ON HOW TO START AN elementary school

Hire employeesFind lead teachers and assistant teachers for each classroom. Look for individuals with education in early childhood development as well as experience when hiring the lead teachers. Select an administrative assistant or bookkeeper to work in the office and assist you in managing the day-to-day operations of the nursery school business.

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Page 17: A BUSINESS PLAN ON HOW TO START AN elementary school

Advertise the businessNetwork with child development professionals in your community and list your nursery school with early childhood education referral agencies at the state and local level. Speak about the importance of early childhood education to parent groups, such as Mothers of Preschoolers and Parents as Teachers. Sponsor early childhood development screenings and hang fliers in places frequented by parents with young children in your community.

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Some Ways To Impress Parents

Updates about their child’s performance by writing diary regularly and maintaining assessment cards for all the students. Conduct events like sports day, annual day, nutrition day, arts and crafts exhibition and other events which include parents’ participation Celebrate special events like festivals, fancy dress where children get ready with parental participation. Prepare ‘take-away’ activities for kids Conduct parents’ orientation classes where parents get a know how about positive. Conduct parent-teachers meetings at least once in a month where student’s Progress can be reported. Conduct regular health check-ups for students Make a child psychologist available for thing kids need more than anything else.

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Mouth to mouth publicity • Is still the first and best kind of reliable one

believed by many parents? Hence the performance of your school throughout the year leads to creating good impression to parents who give the best publicity to their neighbors and friends however good the above ways of publicity are followed, if you fail to impress the parents of existing students, they can easily spoil the reputation of your school.

• Parents can prove to be the best way to promote your school. Offer some incentive like concession if they recommend another parent to join their kid in your school.

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Activities & Time-tablePainting & DrawingMusic (Dance &Singing)Tree PlantationPlayingLunch BreakStudying (Alphabets,Poems & Numbers)

10:00a.m- 10:20a.m10:20a.m- 10:40a.m

10:40a.m- 11:10a.m 11:10a.m- 11:30a.m11:30a.m- 11:50a.m11:50a.m- 12:30p.m

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Music (Dance & Singing) Studying

Lunch Painting & Drawing

Page 22: A BUSINESS PLAN ON HOW TO START AN elementary school

BudgetPreschool Budget Setting your budget is the most important step in starting any business. Your money should accommodate the following necessities. Though this list is not complete, it gives an overall idea about the minimum requirements. Location and building cost (Lease / Rent). Play school set up cost (includes indoor, outdoor and other equipment) Curriculum. Paper Work for office purpose like, receipts, fees, forms, report cards. Teachers’ training and staff salaries. Marketing / Promotion costs. Transport facility. Web development costs.

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IMPORTANT THING• Do keep a good margin between the

money you want to spend on setting up a preschool and the money you can invest (the former being lesser). This is because you can never predict when indispensable expenses turn up.

Page 24: A BUSINESS PLAN ON HOW TO START AN elementary school

Transportation

Private School buses for pick-up & drop for children.

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Setting Up Of School Fees• Setting your Preschool fees Your play school fee

has to be competitive. • Conduct a small survey by visiting few schools in

your area. • Observe the community around your school. You

can have an estimate about the affordability of parents towards the preschool education.

• For example if you are going to set up the school in a posh locality, you can build a high quality preschool (if your budget permits). Parents will be willing to pay good amount of fees for sending their kids to a preschool maintaining good standards.

Page 26: A BUSINESS PLAN ON HOW TO START AN elementary school

Thank you…!!!