OPENING PRIVATE SCHOOL Steps, COST, PLANNING & REGISTRATION DETAIL IN PAKISTAN
 |
| Steps to open private school pakistan |
You’re an enthusiast entrepreneur who are looking to open a private school to
meet your financial need then this article will cover the steps involved
opening a private school in Pakistan. You’ll have an idea about the initial
cost needed to open a private school, the cost of furniture, class boards,
staff salary, and utility bills and how get your school registered. This
article will also cover input and output or cost profit margin? Let begin-steps & cost of opening private school in Pakistan
Opening a
private school is considered a profitable business in Pakistan. After
considering the lack of quality education in Pakistan, private sector came
forward aiming to provide up to date quality education to masses. These private
schools received a positive response from parents and we observed opening of
new private schools at every street in Pakistan. There are private schools
charging from 1 lakh per month to 1,000 per month and every school owner seems
earning from its private school business
NOTE: We’re
assuming the cost of opening a private school in a 5-10 marla house/building in
middle class locality of a big cities like Karachi, Lahore, Islamabad,
Peshawar, Quetta, Faisalabad, Hyderabad, Muzaffarabad or in Gilgit Baltistan. . An
approximate minimum cost of opening a private school in Pakistan is Rs 4 lakh- Rs 5
lakh . The real cost may vary depending on the size and area of school.
If you’re
one looking to open a private school then here is a step-by-step guide to help
you to plan your school business idea.
1. CHOOSE A COMPATIBLE LOCALITY
The first
and a most step before opening a private school is choose a compatible location
of your school. You should choose a place where you would be able to get more
students. The area’s income bracket should be compatible to your school fees
goals. You should survey that what type of schools are more preferred in the
chosen area. We recommend you to choose a locality where you can find some
supporters that can drive few children towards your school at the start. They
can also market your school in start. After working on perfect locality, take a
building/house on rent.
An approximate
rent: Rs 35,000- Rs 50,000 (single portion)
Initially
you’ve to pay few amounts as security as well to owner.
2. DECIDE THE SCHOOL LEVEL
 |
| Steps to open private school Pakistan |
After
choosing the locality, the next step is to decide the level of your private
school whether it’ll be primary, middle or school till matric.
- Primary School
If you’re
looking to open a private school till primary then you would need a building or
a house with at least 7-8 rooms for PG to class 5. Mainly in small private
schools, there is one section of each level. In the start you can open the
admissions just for playgroup, KG, prep and class 1. Then gradually, you can
increase the level and number of classes in your school. Once your school is
able to get enough students and confidence of masses in the society, and is on
the pace of making profit, you can even shift the school to a bigger building
in a near locality.
Recently,
Leads school system, a school in Lahore cantt shifted their small running
campus from Inside Street to main road in order to upgrade the level of their
private school, after observing the rise in number of students.
Staff
required
Teachers (6-8
in start) : Two teachers per section are required for pre-school classes.
A security
guard and
An Aya for
school.
- Middle School
If you want
to open a private school till middle level or class 8th. Then a
building/house of 10-11 rooms + office room will be required. You’ll also need
to set up
a small
library, and
a computer
room
in the
school as its necessary as per government instructions. The number of teachers will
also increase (12-15) if you open admissions from PG to grade 8th. A
security guard and number of Ayas will also increase.
- HIGH SCHOOL
Opening a
High school requires a bigger investment. As per requirement, you’ll need a
bigger building, a science lab, a library, a computer lab, experienced and
highly qualified teachers.
3. COST OF FURNITURE & OTHER STUFF
After you’ve
taken a school building/house and have decide the level of your school then the
next step will be to buy school furniture. You’ll require buying round tables
and small chairs for preschool sections. Tables and chairs for bigger classes,
office chair& table, teacher chairs, registers, class white/black boards,
notice board etc.
After
estimating the number of children and the size of classes, you can order the
stuff from wholesalers on discounted rates.
Also you need to spend In printed notebooks with your school name, and syllabus book sets to facilitate the new admissions. Here you've chance to earn side income by selling school printed notebooks and books of your school.
An estimated
cost of primary school furniture in start is: Rs 150,000- Rs 200,000.
4. MARKETING
After
setting up your school building and hiring a staff, its time to market your
school. Panaflex advertisement, an eye catching school board, pamphlets will help
you there. We recommend you to advertise your school in social media groups of
your society. Make your school facebook page, and advertise it. Market your
school as a brand.
An
approximate marketing cost: Rs 20,000- Rs 30,000
5. REGISTRATION
To get your private school registered is another important step. It'll also increase school value by getting government registration. It’ll add a (Redg.) with your school name and logo. To get your registered,
take a registration form from EDO (Education district office) office, fill it
and submit it to any National bank branch paying Rs 7500/- fees. Within 15 days
of your application, a team will visit your school. They’ll check the quality
of building: whether it’s safe or not, and other necessary requirements to run
a school. After the team is satisfied with your private school supervision then
you’ll be able to get a registration of your school.
6. AFFILIATION
If your
private school is till matric, then you’ll need an affiliation with respective
education board. An approximate affiliation fees of private school is Rs 90,000
for girls school and Rs 80,000 for boys school. It means for co-education
school, you’re going to pay Rs 1,80,000 for an affiliation of two years. The first
two years affiliation is processed through proper checking of school building,
school attendance, teachers’ attendance etc. After two years, after a revisit from board
team, an affiliation for five years is given on charges of Rs 20,000. If any
school doesn’t want or afford affiliation then it may arrange to appear its students
in board exams from other affiliated schools. Affiliation is not a requirement
for middle & primary school.
- GOLDEN TIPS:
You should
have a reserve amount of at least 6-8 months to pay the rent, salary, and bills
while starting a private school. You may have to pay from your pocket for first
year until your school increase enrollments.
If you don’t
have enough expenditure to start a school, then you may start from an academy. There you can hire
teachers on 50%-70% share of students’ fees.
After establishing your name, and saving money, start a proper school in
morning.
- AN APPROXIMATE PROFIT
For a
primary school charging Rs2500-Rs3000 per month, an estimate income with 80
children will be Rs2,50,000. After paying to teachers, aya, utility bills etc,
an owner can earn Rs 70,000 –Rs 100,000 per month. We’ve given you a minimum cost and profit idea
from your private school.
First year
is always taken as a grace period in any business. Don’t get disappointed but
try to learn from your mistakes.
You don’t
have an amount to open a school then you can apply a low cost loan from Prime
minister kamyab jawan youth entrepreneur scheme YES to earn a respectable
earning.