If you’ve landed on this article page, you’re probably searching for a
good business idea—an idea that’s light on the pocket but heavy on
returns, promising both a fulfilling journey and potential profit.
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How to start a nursery
and primary school
business in Nigeria
The number of children born in Nigeria is increasing every day.
Therefore, parents are always searching for schools to enrol
their children in every year. Some parents prefer schools in the
neighbourhood they live in, while others prefer schools that
have prestigious names and reputations. School business is very
lucrative in Nigeria.
The number one priority of every parent is to send their
children to school to acquire knowledge from infancy. School
fees for these children take more than 20 percent of what
average parents are earning, depending on the number of children
they have. This has lead to the booming of private school
business in Nigeria.
Some of the cheapest nursery
and primary schools
in areas like Lagos charges nothing less than N7,000 as school
fees, while good ones charge from N30,000 to as much as N500,000
school fees per term
If in your own private school business you charge N10,000 per
term and you have 200 pupil, the amount you will be getting from
school fees is 10,000 x 200 = 2,000,000 Naira per term and it
wouldn’t take you more than a million Naira to run such school
every term.
Before you can start your school business, you have to register
it at the Corporate Affairs Commission (CAC). Visit the Ministry
of Education in your area to make the necessary enquiries. You
should also hire a legal practitioner to help you out with the
necessary documentations and legal advice. You can also register
your school with the association of private schools in your
area. The organisation will keep you updated with any
information you might need.
This is crucial in the process of starting a nursery or primary
school business in Nigeria. You should choose an easily
accessible area that is safe for children. Your location should
also be around residential areas and workplaces. Parents can
easily pick up and drop their children. The location you choose
depends on your budget. How much can you afford? Upscale areas
are more expensive than developing areas. If your school fees
are expensive, go for high brow areas. If your school fees are
cheap, go to cheaper areas. The facilities your school provides
must also be on par with the school fees parents are asked to
pay. Also, find out if schools are already available in the
location you choose; the standard of schools and how you can
improve on what these schools provide.
Choose a name for your nursery or primary school that is
memorable. Make sure to choose a name that is short, catchy and
unique. Make sure no other school uses that name to avoid
problems in the future. You can use your own name or any other
name of your choice
Your Teachers
should have minimum of NCE and experience in childcare education
or play-work. Teachers who are passionate about children are
preferred.
Strive for
continuous improvement by regularly evaluating the quality of
education, monitoring student progress, and seeking feedback
from parents and staff. Implement assessment tools and
strategies that measure student learning outcomes and identify
areas for improvement. Adapt and innovate to stay ahead of
changing educational trends and meet the evolving needs of your
students.
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