How to Write a Feasibility Study of a School

A Step-by-Step Guide to Open a School in India in 2022

Schools play a critical role in building a nation, as they lay the foundation stone on which the future of the children depends. In India, the overall education sector is sized over USD 120 billion, out of which the K-12 segment contributes a significant portion. Around 26.2% of the Indian population is aged between 0-14, which further underlines the significance of the school education industry in India. It is important to Conduct Feasibility Study For A School.

In recent months, there has been a monumental shift in the format of education in India with digital education growing at a staggering pace. The pandemic has also forced people to stay home bound and access education through the virtual medium. However, following a successful vaccination drive, we are now reaching normalcy and it is widely believed that conventional school systems will once again revive very fast.  

Meanwhile, opening a school in India can turn strenuous. Individuals/ businesses looking to open a school not only need to carry out a great deal of research but also do a lot of paperwork. (Also individuals need to keep in mind that opening a school is not another business. They have to ensure that the students admitted to their school get the best education and all-around development.)  Prior Market Research For School is quite essential for attaining success and profits. 

Individuals looking to open a school should follow the below given step-by-step guide to open a school in India:

Make a Blueprint – Initial step to opening a school in India is to plan everything diligently. Individuals need to decide upon several factors such as the location of the school, teachers, subjects that will be taught in the school, etc. This will serve as a blueprint for future operations and the day-to-day running of the school will be guided by this plan. Get the Feasibility Study Of School Project In India done beforehand.  

School Registration - Educational institutions like schools come under Non-profit organizations that are registered under section 8 of the Companies Act 2013 or under the Societies Recognition Act, 1860. This is essential because this proves that an individual's motive behind starting the school is not to make a profit but to provide education to the children. Private organizations cannot open a school in India according to Indian laws to make sure that education is not solely for profit. A private entity can open a school in India by setting up a company, as in section 8 of the Companies Act 2013.     

Purchase Land for the school - The next vital step is to acquire land for the school. To open a primary school, the entity will require land of around 6000 sq. ft. to 7000 sq. ft. whereas for opening a senior school the entity will need an area of up to 2 acres. The entity needs to get a NOC from the Department of Education and can purchase the land from the land-owning agencies. The land for the school can also be taken on lease but with the rental agreement for at least 30 years.

Obtain NOC from State Government - Entity opening a school needs to get a No Objection Certificate from the state government to start with the construction work of the school. After which they need to apply for authentications from Municipal Corporation, Health Departments, Child Welfare Organizations, etc. Only after seeking NOC, the entity can begin with the construction of the school. All this can be known through Market Research For School.

Construction Work - After purchasing the land, the entity needs to start with the construction work without delay. They can get in touch with a contractor or an architect to design the building of the school. While designing a school, it is important to take care of the student's safety measures, designate space for big playgrounds, colorful classes, etc. (Also keep in mind that classes should be properly ventilated.)

Recognition & Affiliation - After the school construction work is completed, individuals need to get the school recognized by applying to the Department of Education of the state government. Individuals need to obtain recognition of the school from the Municipality Corporation of the area and they need to get their school affiliated with a Board like CBSE by visiting the nearest Regional office for the Board.

Recruitment of Staff and Teachers - After seeking recognition and affiliation for the school, the next step for opening a school is to appoint the Head of the school and business manager. Take out time and Conduct Feasibility Study For A School to hire experienced teachers, qualified staff for office, along with full-time maids, etc. Having knowledgeable, experienced, and qualified teachers and staff in the school will play a key role in the overall success of the school. 

Launch and Promotion of the School - The last and final stage of starting a school is planning the promotional strategy. School brand management is a specialized and research-backed process. The strategy for brand promotion should be designed to reach out to the parents whose preferences have been earlier researched. Parents are concerned about the school affiliation and fees so all the vital information related to school should be aggressively promoted among the parents to catch their attention. The school should come up with a website where all the enrollment details and procedures should be published. The entity opening the school should well assess the competition, as the new school will face stiff competition from the existing reputed schools in the region. 

Documents Required      

The entity opening a school in India should have the following documents and should carry out Feasibility Study Of School Project In India to know about the viability of the idea.

• Entity opening a school should introduce them as a nonprofit educational organization and should enlist them as a trust or form a society. 
• Essentially endorsement is required from the instruction division that allows individuals to purchase the land for school or avail the land on rent.  
• Documents like Memorandum of Association and Rules and Regulations of the Society/Trust that are identified with the trust, or society are required. 
• Individual needs to submit an oath stating that school will be regulated as per the School Act applicable for that state or the Government. 
• Individuals also need to submit a copy of the holding reserve of the endorsed sum along with the endeavor expenses and  a few other vital charges. 
• The entity also needs to provide land-related record proof that could be rent or buy assertion.
• School blueprints and other development-related verification are also needed to be submitted.
• Entity while proceeding with the board association needs to set up all endorsement records.                                                                                                                       
• The entity should devise a strong strategy for the school's success and should be prepared with the answer for any inquiry regarding the arrangement.
• The entity should report their spending plan and staff enrollment design along with the financial plan. 
• The financial documents should be supported by a legitimate review report checked by an evaluator.

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