The question of How to start a nursery and primary school in Nigeria must have crossed the thought of most business-driven entrepreneurs in Nigeria.
This is because school business is one of the most popular businesses in Nigeria. You might be wondering why you should venture into such a business.
It is no news that the standard of education in privately owned schools is higher than that of poorly maintained government schools.
This has made private school businesses thrive in Nigeria as parents prefer to enroll their children in private schools.
Some of the cheapest nursery and primary schools in Nigeria charge nothing less than N7,000 as school fees, while better schools charge from N30,000 to as much as N500,000 school fees per term.
Let’s do some calculations. If in your own private school business you charge N10,000 per term and you have 200 pupils, you will make N4,000,000 from school fees alone, this is aside from other fees paid by students.
Below are the basic requirements to start a nursery and primary school in Nigeria from start to finish.
Steps on How to Start a Nursery and Primary School in Nigeria
Here are some basic steps to start nursery and primary school in Nigeria.
Get A Land In A Good Area
Prices of landed property vary from place to place, but you can get land in some developing areas for about N600,000 to N2,000,000.
Don’t buy in an isolated area where people are not living. No parent would want to patronize you in such a location.
Due to the risks involved in a child’s movement, parents will prefer a school that is within their home and for easy pick up of their children.
A minimum of one plot of 120 by 60 is what you need to be able to accommodate the school building and playground.
Note: Some people go for rented apartments — if you can’t afford your own building, you can rent an apartment and use it to raise money to build later
Erect Your Nursery And Primary School Building
The cost of a building is dependent on the size and quality of the building you intend to construct. Your Engineer will be able to put you through this.
Most Nursery and Primary school classrooms are normally small; yours can be different.
Water supply is also very important. You need plenty of it in your school. Get a borehole that will supply you with water at all times.
Equip Your Classrooms
Apart from the normal school furniture, you also need to equip your classrooms with computers and other learning aids, parents will be happier to pay when they see that your classes are properly equipped.
You need plenty of toys and other gadgets that are used for children’s education. You need video and large screen TV in all the classrooms, to play educational videos for the pupils.
A school bus is really important in every nursery and primary school. A nice, fairly used bus is about N600,000. Get a decent bus that will speak well of your school, and avoid jam-packing children on a bus.
If one bus isn’t enough, buy two, parents are paying you extra for the service, give them the best they deserve.
Employ Qualified Teachers
You do not need any formal qualifications as a proprietor of the nursery and primary school, but if you are going to be the school manager, you need a minimum of NCE and experience in educational administration.
Your Teachers should have a minimum of NCE and experience in childcare education or play-work. Teachers who are passionate about children are preferred.
Register Your Private School Business
You need to register your private school as a sole proprietorship or, depending on what you want if there are investors like every other business.
Approach the Corporate Affair Commission of Nigeria to register your name. The service of a lawyer may be needed in this regard.
Once everything is in place, the next thing is to advertise your private school business and get down to real business.
What to Consider When Starting a Nursery and Primary School in Nigeria
Apart from the business location, building, company registration, staff, and facilities, there are other things you need to consider in starting a nursery and primary school in Nigeria.
You need to have knowledge about the general academic curriculum for nursery and primary school pupils.
You should have found out the necessary books required for the different class grades and provided them.
You might consider printing branded notebooks if you have enough capital. You will also need to develop a school logo, motto, and anthem.
Advertise your School
Advertising your school via social media or billboards, depending on how much capital you have, is essential.
You can also advertise using posters or pamphlets, stating the name of your school, its location, your motto, facilities available, contact information, and any other information that you feel is important.
It would be best to have your teachers and staff available before you do this. Also, it is better to do this well in advance before the resumption date.
So far, many of the things I mentioned are expenditures, but there are ways of maximizing profit in this business.
For example, you can offer extra lessons for an additional amount; you can also provide school bus services for a different amount.
Lunch options, school uniforms, and school notebooks are a few of the means that can help you generate extra income from the school business.
Starting a nursery and primary school in Nigeria can be a profitable business venture, yet a tasking one.
However, your school can be a success with careful planning and execution!
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