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School Business Plan

High demand and a recurring revenue model make starting a school business a lucrative and rewarding profession.

Anyone can start a new business, but you need a detailed business plan when it comes to raising funding, applying for loans, and scaling it like a pro!

Need help writing a business plan for your school business? You’re at the right place. Our school business plan template will help you get started.

Free Business Plan Template

Download our free school business plan template now and pave the way to success. Let’s turn your vision into an actionable strategy!

• Fill in the blanks – Outline
• Financial Tables

How to Write A School Business Plan?

Writing a school business plan is a crucial step toward the success of your business. Here are the key steps to consider when writing a business plan:

1. Executive Summary

An executive summary is the first section planned to offer an overview of the entire business plan. However, it is written after the entire business plan is ready and summarizes each section of your plan.

Here are a few key components to include in your executive summary:

• Introduce your Business: Start your executive summary by briefly introducing your business to your readers.This section may include the name of your school business, its location, when it was founded, the type of school business (E.g., private schools, charter schools, virtual schools), etc.
• Market Opportunity: Summarize your market research, including market size, growth potential, and marketing trends. Highlight the opportunities in the market and how your business will fit in to fill the gap.
• Educational programs & services: Highlight the school services you offer your clients. The USPs and differentiators you offer are always a plus.For instance, you may include education programs, extracurricular activities, special education services, etc as your services.
• Marketing & Sales Strategies: Outline your sales and marketing strategies—what marketing platforms you use, how you plan on acquiring students, etc.
• Financial Highlights: Briefly summarize your financial projections for the initial years of business operations. Include any capital or investment requirements, associated startup costs, projected revenues, and profit forecasts.
• Call to Action: Summarize your executive summary section with a clear CTA, for example, inviting angel investors to discuss the potential business investment.

Ensure your executive summary is clear, concise, easy to understand, and jargon-free.

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2. Business Overview

The business overview section of your business plan offers detailed information about your business. The details you add will depend on how important they are to your business. Yet, business name, location, business history, and future goals are some of the foundational elements you must consider adding to this section:

• Public schools
• Private schools
• Charter schools
• Magnet schools
• Virtual or online schools
• Boarding schools
• International schools
• Religious schools
• Describe the legal structure of your school, whether it is a sole proprietorship, LLC, partnership, or others.
• Explain where your business is located and why you selected the place.
• Owners: List the names of your school’s founders or owners. Describe what shares they own and their responsibilities for efficiently managing the business.
• Mission Statement: Summarize your business’ objective, core principles, and values in your mission statement. This statement needs to be memorable, clear, and brief.

This section should provide a thorough understanding of your business, its history, and its future plans. Keep this section engaging, precise, and to the point.

3. Market Analysis

The market analysis section of your business plan should offer a thorough understanding of the industry with the target market, competitors, and growth opportunities. You should include the following components in this section.

• Target market: Start this section by describing your target market. Define your ideal customer and explain what types of services they prefer. Creating a buyer persona will help you easily define your target market to your readers.For instance, families looking for additional education or extracurricular activities are the ideal market for private schools generally.
• Market size and growth potential: Describe your market size and growth potential and whether you will target a niche or a much broader market.For instance, the US education industry is to be $3.12 trillion by 2030, so it is crucial to define the segment of your target market and its growth potential.
• Competitive Analysis: Identify and analyze your direct and indirect competitors. Identify their strengths and weaknesses, and describe what differentiates your school from them. Point out how you have a competitive edge in the market.
• Market Trends: Analyze emerging trends in the industry, such as technology disruptions, changes in customer behavior or preferences, etc. Explain how your business will cope with all the trends.For instance, personalized learning or STEM education is getting important; explain how you plan on dealing with this potential growth opportunity.
• Regulatory Environment: List regulations and licensing requirements that may affect your school business, such as education laws & regulations, government accreditation, teacher certificate & licensing, health & safety regulations, etc.

Here are a few tips for writing the market analysis section of your school business plan::

• Conduct market research, industry reports, and surveys to gather data.
• Provide specific and detailed information whenever possible.
• Illustrate your points with charts and graphs.
• Write your business plan keeping your target audience in mind.

4. Products And Services

The product and services section should describe the specific services and products that will be offered to students. To write this section should include the following:

• Education programs
• Extracurricular activities
• Counseling & Guidance
• Special education services
• Transportation services
• Food services
• Testing and assessments
• Describe specialized programs: Highlight any specialized programs or services your school provides in this section. Extracurricular activities, artistic initiatives, sports teams, STEM efforts, language immersion programs, and advanced placement courses may fall under this category.
• Student leadership programs: If your school has a vibrant student leadership program that encourages students to grow as leaders, participate in volunteer work in the community, and actively contribute to the improvement, then mention it here.
• Additional Services: Mention if your school business offers any additional services. You may include services like, after-school programs, school transportation, food services, parent education & involvement, etc.

In short, this section of your school plan must be informative, precise, and client-focused. By providing a clear and compelling description of your offerings, you can help potential investors and readers understand the value of your business.

5. Sales And Marketing Strategies

Writing the sales and marketing strategies section means a list of strategies you will use to attract and retain your clients. Here are some key elements to include in your sales & marketing plan:

• Unique Selling Proposition (USP): Define your business’s USPs depending on the market you serve, the equipment you use, and the unique services you provide. Identifying USPs will help you plan your marketing strategies.For example, specialized programs, educational philosophies, experienced faculty, or a strong track record of academic achievements could be some of the great USPs for school business.
• Pricing Strategy: Describe your pricing strategy—how you plan to price your services and stay competitive in the local market. You can mention any discounts you plan on offering to attract new students.
• Marketing Strategies: Discuss your marketing strategies to market your services. You may include some of these marketing strategies in your business plan—social media marketing, Google ads, brochures, content marketing, and print marketing.
• Sales Strategies: Outline the strategies you’ll implement to maximize your sales. Your sales strategies may include targeted marketing, personalized sales approach, referral programs, conversion strategies, etc.
• Customer Retention: Describe your customer retention strategies and how you plan to execute them. For instance excellent services, alumni engagement, parental engagement, etc.

Overall, this section of your school business plan should focus on customer acquisition and retention.

Have a specific, realistic, and data-driven approach while planning sales and marketing strategies for your school business, and be prepared to adapt or make strategic changes in your strategies based on feedback and results.

6. Operations Plan

The operations plan section of your business plan should outline the processes and procedures involved in your business operations, such as staffing requirements and operational processes. Here are a few components to add to your operations plan:

• Staffing & Training: Mention your business’s staffing requirements, including the number of employees or teachers needed. Include their qualifications, the training required, and the duties they will perform.
• Operational Process: Outline the processes and procedures you will use to run your school business. Your operational processes may include enrollment process, staffing & human resources, classroom management, finance & budgeting, etc.
• Equipment & Software: Include the list of equipment and software required for school, such as whiteboards & projectors, student information systems, learning management systems, communication & collaboration tools, etc.Explain how these technologies help you maintain quality standards and improve the efficiency of your business operations.

Adding these components to your operations plan will help you lay out your business operations, which will eventually help you manage your business effectively.

7. Management Team

The management team section provides an overview of your school business’s management team. This section should provide a detailed description of each manager’s experience and qualifications, as well as their responsibilities and roles.

• Founders/CEO: Mention the founders and CEO of your school, and describe their roles and responsibilities in successfully running the business.
• Key managers: Introduce your management and key members of your team, and explain their roles and responsibilities.It should include, key executives(e.g. principal), senior management, and other department managers (e.g. operations manager, admission manager, facilities manager) involved in the school business operations, including their education, professional background, and any relevant experience in the industry.
• Organizational structure: Explain the organizational structure of your management team. Include the reporting line and decision-making hierarchy.
• Compensation Plan: Describe your compensation plan for the management and staff. Include their salaries, incentives, and other benefits.
• Advisors/Consultants: Mentioning advisors or consultants in your business plans adds credibility to your business idea.So, if you have any advisors or consultants, include them with their names and brief information consisting of roles and years of experience.

This section should describe the key personnel for your school, highlighting how you have the perfect team to succeed.

8. Financial Plan

Your financial plan section should provide a summary of your business’s financial projections for the first few years. Here are some key elements to include in your financial plan:

• Profit & loss statement: Describe details such as projected revenue, operational costs, and service costs in your projected profit and loss statement . Make sure to include your business’s expected net profit or loss.
• Cash flow statement: The cash flow for the first few years of your operation should be estimated and described in this section. This may include billing invoices, payment receipts, loan payments, and any other cash flow statements.
• Balance Sheet : Create a projected balance sheet documenting your school business’s assets, liabilities, and equity.
• Break-even point: Determine and mention your business’s break-even point—the point at which your business costs and revenue will be equal.This exercise will help you understand how much revenue you need to generate to sustain or be profitable.
• Financing Needs: Calculate costs associated with starting a school business, and estimate your financing needs and how much capital you need to raise to operate your business. Be specific about your short-term and long-term financing requirements, such as investment capital or loans.

Be realistic with your financial projections, and make sure you offer relevant information and evidence to support your estimates.

9. Appendix

The appendix section of your plan should include any additional information supporting your business plan’s main content, such as market research, legal documentation, financial statements, and other relevant information.

• Add a table of contents for the appendix section to help readers easily find specific information or sections.
• In addition to your financial statements, provide additional financial documents like tax returns, a list of assets within the business, credit history, and more. These statements must be the latest and offer financial projections for at least the first three or five years of business operations.
• Provide data derived from market research, including stats about the industry, user demographics, and industry trends.
• Include any legal documents such as permits, licenses, and contracts.
• Include any additional documentation related to your business plan, such as product brochures, marketing materials, operational procedures, etc.

Use clear headings and labels for each section of the appendix so that readers can easily find the necessary information.

Remember, the appendix section of your school business plan should only include relevant and important information supporting your plan’s main content.

The Quickest Way to turn a Business Idea into a Business Plan

Fill-in-the-blanks and automatic financials make it easy.

This sample school business plan will provide an idea for writing a successful school plan, including all the essential components of your business.

After this, if you still need clarification about writing an investment-ready business plan to impress your audience, download our school business plan pdf .

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Frequently asked questions, why do you need a school business plan.

A business plan is an essential tool for anyone looking to start or run a successful school business. It helps to get clarity in your business, secures funding, and identifies potential challenges while starting and growing your business.

Overall, a well-written plan can help you make informed decisions, which can contribute to the long-term success of your school.

How to get funding for your school business?

There are several ways to get funding for your school business, but self-funding is one of the most efficient and speedy funding options. Other options for funding are:

• Bank loan – You may apply for a loan in government or private banks.
• Small Business Administration (SBA) loan – SBA loans and schemes are available at affordable interest rates, so check the eligibility criteria before applying for it.
• Crowdfunding – The process of supporting a project or business by getting a lot of people to invest in your business, usually online.
• Angel investors – Getting funds from angel investors is one of the most sought startup options.

Apart from all these options, there are small business grants available, check for the same in your location and you can apply for it.

Where to find business plan writers for your school business?

There are many business plan writers available, but no one knows your business and ideas better than you, so we recommend you write your school business plan and outline your vision as you have in your mind.

What is the easiest way to write your school business plan?

A lot of research is necessary for writing a business plan, but you can write your plan most efficiently with the help of any school business plan example and edit it as per your need. You can also quickly finish your plan in just a few hours or less with the help of our business plan software .

About the Author

Upmetrics Team

Upmetrics is the #1 business planning software that helps entrepreneurs and business owners create investment-ready business plans using AI. We regularly share business planning insights on our blog. Check out the Upmetrics blog for such interesting reads. Read more

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How to write a business plan for your private school project.

Starting a private school is a great way to provide students with an alternative education option that is tailored to their individual needs and interests.

It also allows for greater autonomy and flexibility in curriculum design and implementation, allowing for more personalized learning experiences.

But, before that, you need a business plan.

Creating a business plan before beginning a project is essential for success. It helps to identify potential risks and opportunities, as well as providing a roadmap for the project.

In short, a good business plan will help ensure the profitability of your private school project .

What should be covered when creating a business plan for a private school? How can it be effectively planned? What are the essential financial measures to include? What steps should I take to ensure an efficient process when writing a business plan?

Good news, you can find all the answers to these questions in the forthcoming article!

One last thing: you can avoid starting your business plan from scratch.

Feel free to download our professional business plan for a private school and tailor it to suit your project.

Designing a business plan for a private school

Is a business plan recommended for your private school project.

Yes, you should create a business plan for your private school project.

Crafting a well-structured business plan will help you to:

• gain knowledge of the private school market
• keep up with the industry's changing trends
• discover what makes a private school competitive
• understand parents' educational preferences and expectations
• come up with a winning value proposition for your independent educational institution
• examine competitor market share
• find solid competitive advantages for your private school project
• find a business model that will lead to a positive bottom line
• implement a winning strategy on the short and the long-term
• assess potential risks involved in starting a private school, such as regulatory compliance, student safety, and educational quality

Our team has created a business plan for a private school that is designed to make it easier for you to achieve all the elements listed.

How to outline a business plan for a private school?

If done well, your business plan will be a full package of content, metrics and financial data. It must be presented in a structured format, to make easy to read and digest.

When we built our business plan for a private school , we made sure to structure it propertly.

You'll come across 5 sections (Opportunity, Project, Market Research, Strategy and Finances).

1. Market Opportunity

The section number one is called "Market Opportunity".

Access relevant data and metrics for the private school project, assisting you in analyzing the opportunities and challenges within the education and schooling sector.

The data here is always fresh; we update it twice a year.

2. Project Presentation

The "Project" section is where you outline your private school project. You can describe the educational philosophy, curriculum offerings, extracurricular activities, facilities, teaching staff qualifications, admission process, and the unique value proposition that sets your school apart in providing quality education.

Remember to introduce yourself at the end of this section.

Discuss your passion for education, your vision for the private school, and how you plan to create an enriching and nurturing learning environment for students. Highlight your qualified faculty, your innovative curriculum, and your dedication to providing personalized attention and holistic development opportunities through your private school project.

We wrote some content in our business plan. Change it to fit your concept.

3. Market Research

The next item on the list is the "Market Research" section.

The purpose of this section is to introduce the market segments for your private school project.

It includes a competition study, outlining other private schools in the area. Your school's unique educational programs and competitive advantages are also highlighted. A customized SWOT analysis is included.

4. Strategy

Within the "Strategy" section, a detailed plan spanning three years is presented, highlighting the initiatives and actions necessary to make your private school project highly profitable.

Additionally, you'll find a marketing strategy, a plan to manage risks, and a completed Business Model Canvas, tailored to a private school, in this section.

5. Finances

In the end, the section labeled "Finances" allows you to showcase the financial details and values of your project.

How to elaborate the Executive Summary for a private school?

The Executive Summary serves as a compact introduction to the business plan of your private school project.

Don't go beyond 2 pages; ensure you include only the critical information.

This document is designed to make the reader excited about your business plan.

In the Executive Summary of your private school project, answer these questions: what is your private school project about? who is your target market? are there other private schools in the area? what sets your school apart from them? how much funding do you require?

How to do the market analysis for a private school?

The market study of your private school project helps you understand external factors such as parent preferences for education, competition within the private school sector, and emerging trends in educational practices.

By conducting an extensive market study, a private school can understand parent and student needs, offer quality education and comprehensive programs, optimize pricing strategies, and execute targeted marketing campaigns, ultimately leading to a larger student base, increased enrollment, and a prominent position in the private education sector.

Here is what what we've put in the "Market Research" section of our business plan for a private school :

• key insights and trends in private schools, including private school enrollment rates, education quality, and the impact of specialized private school programs
• a list of potential market segments for a private school
• the competitive review
• the competitive advantages to target for a private school

The key points of the business plan for a private school

What's the business model of a private school, business model of a private school.

a private school's business model revolves around providing education services to students in a private setting. Revenue is generated through tuition fees, potentially offering additional services such as extracurricular activities or specialized programs.

The business model focuses on offering a high-quality and comprehensive curriculum, hiring qualified educators, providing modern facilities and resources, marketing to target parents and students, and building strong relationships with parents and the local community.

Success depends on establishing a positive reputation for academic excellence, attracting and retaining students, meeting regulatory requirements, effective marketing strategies, and delivering a holistic and enriching educational experience.

Business model ≠ Business plan

Avoid confusing "business plan" with "business model."

A business model is a framework that outlines how a company creates value, delivers products or services, and generates revenue.

In a business plan, you employ the Business Model Canvas as a practical tool to outline the key aspects of your business model.

Rest assured, there is a Business Model Canvas (already completed) in our business plan for a private school .

How do you identify the market segments of a private school?

Segmenting the market for your private school project involves dividing your potential students and families into different groups based on their educational needs, preferences, and demographics.

These categories may include factors such as grade levels, curriculum types, extracurricular programs, or families seeking specific educational approaches (e.g., Montessori, STEM, arts-focused).

By segmenting your market, you can offer a private school experience that caters to each segment's specific requirements. For example, you might provide elementary, middle, and high school programs for students of different grade levels, offer a comprehensive curriculum that encompasses a range of subjects and learning areas, specialize in specific educational approaches or philosophies such as Montessori, STEM (Science, Technology, Engineering, and Mathematics), or an arts-focused curriculum, or focus on offering a variety of extracurricular programs and enrichment activities that align with the interests and talents of students.

Market segmentation allows you to effectively target your marketing efforts, communicate the unique benefits of your private school, and provide a nurturing and stimulating educational environment that meets the unique needs and preferences of each student segment and their families.

In the business plan for a private school , you will find a comprehensive market segmentation that will help you identify your potential customers.

How to conduct a competitor analysis for a private school?

Without surprise, you won't be the only private school project in your area. There are other educational initiatives working towards establishing quality private schools.

Develop a solid business plan by conducting an extensive competitor analysis that evaluates their strengths and weaknesses.

Address their weaknesses (such as inadequate curriculum design, lack of extracurricular activities, or poor student support services).

Why is it crucial to notice these aspects? Because these weaknesses can impact the success of private school projects.

By focusing on these areas, you can offer a comprehensive and well-rounded education curriculum, provide qualified and dedicated teaching staff, and create a nurturing and inclusive school environment, positioning your private school project as a preferred choice for parents and students seeking quality education and holistic development.

It's what we call competitive advantages—building them is essential for a standout business.

Here are some examples of competitive advantages for a high school: experienced and dedicated teaching staff, diverse educational programs, supportive learning environment.

How to draft a SWOT analysis for a high school?

A SWOT analysis can help identify potential opportunities and threats that can affect the success of the private school project.

As you can guess, there is indeed a completed and editable SWOT matrix in our business plan for a private school

The strengths for a private school

S stands for Strengths in SWOT, representing the project's valuable strengths or advantages.

For a private school, possible strengths could include a highly qualified teaching staff, a rigorous academic curriculum, a diverse student body, and a strong emphasis on extracurricular activities.

The weaknesses for a private school

The "W" symbolizes Weaknesses, indicating the specific areas or aspects of the project that require attention.

For a private school, potential weaknesses could include inadequate funding, lack of qualified teachers, insufficient resources, and limited parental involvement.

The opportunities for a private school

The "O" in SWOT stands for Opportunities, which are positive external factors that can help the project succeed.

In the case of a private school, potential opportunities include creating an innovative curriculum, increasing student engagement, expanding the school's reach through technology, and developing community partnerships.

The threats for a private school

When we refer to the "T" in SWOT, we're referring to Threats, which are the external risks or detrimental factors that can impact the project's performance.

How to develop a marketing plan for a high school?

A marketing strategy is a necessary component of a business plan as it describes how a business will engage customers and generate sales.

A well-crafted marketing strategy will attract parents seeking quality education for their children to your private school project.

Parents won't enroll their children in your private school project without effective marketing; showcasing the quality of education, extracurricular activities, and nurturing environment is crucial.

Are you implementing effective marketing strategies for your private school project? Consider hosting open houses or informational sessions for parents, showcasing your school's unique educational programs, and utilizing targeted advertising campaigns in local communities.

Don't worry if you have no clue about marketing and communication.

How to build a solid financial plan for a high school?

A successful business plan must include detailed financial information, such as income and expense projections, cash flow statements, and a break-even analysis.

In the process of developing your business plan, you'll need to determine the expected revenue for your private school project.

The revenue forecast should be based on reliable information and reflect current market conditions.

Our financial plan for a private school is straightforward and equipped with automated checks, enabling you to validate and adjust your assumptions easily. This way, we make sure you're building solid financial projections.

It goes without saying that you'll have to develop a provisional budget for your private school project. Don't overlook any expense. By the way, we've listed them all in our financial plan!

The break-even analysis is central in the financial plan as it will tell you whether your private school project will be profitable or not.

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School Business Plan Template

Written by Dave Lavinsky

School Business Plan

You’ve come to the right place to create your school business plan.

We have helped over 5,000 entrepreneurs and business owners create business plans and many have used them to start or grow their schools.

Sample Private School Business Plan

Below is a school business plan template to help you create each section of your own education business plan.

Executive Summary

Business overview.

Southside Academy, located in St. Paul, Minnesota, is a private school that has been providing quality education to the community’s school children since 2017. Southside Academy teaches elementary, middle school, and high school students in a wide range of subjects including mathematics, science, and history. We aim to provide a welcoming and inviting environment where every student can reach their highest potential.

We promote academic, artistic, and athletic excellence in a close-knit learning environment, with a challenging curriculum that cultivates intellectual curiosity. Furthermore, we offer a low teacher-to-child ratio, where teachers can build close connections with their students as they help them excel. We develop confident, continual learners by establishing behavioral supports and the social culture needed for students to achieve social, emotional, and academic success.

Service Offering

Southside Academy offers a premium private education at an affordable tuition fee. We provide a challenging education where students can explore their true potential and a safe space where they can freely discover and express themselves. Our students range from 1st grade to 12th grade and we teach a wide variety of subjects including:

• Basic Mathematics
• Physical Education

Customer Focus

Southside Academy primarily serves families within a 5-mile radius of the school’s location. The area is home to thousands of middle and upper-class families looking for high-quality education for their children. Before the school was built, the area was underserved and many children had to travel far to attend quality private schools.

Management Team

Southside Academy’s founder is Mike Brown who has been working as a teacher for more than 20 years. Mike has taught at several public schools in the region but saw a great demand for private education. He noticed that the current location of the school was underserved and set out to create a school to serve this population. Mike Brown has successfully led Southside Academy as its principal since the school’s inception and will continue to do so for the foreseeable future.

Mike Brown is supported by a team that has experience teaching students, managing finances, and running businesses. Specifically, our team has solid experience in being effective teachers, connecting to different types of students, and achieving key goals.

Success Factors

Southside Academy is able to achieve success by offering the following competitive advantages:

• Location: Southside Academy’s location is near the center of town, giving members of our community easy access for parents and their children.
• Passionate and Skillful Teachers: Southside Academy hires teachers with strong academic backgrounds who are skillful in handling all types of children.
• Low teacher-to-student ratio: We provide a low teacher-to-student ratio so that every student gets personal attention from teachers to reach their highest potential.
• Affordable, quality education: Most of the schools in the area offer their services at a very expensive price. Our fees will be moderately low so that good education is accessible to all families.

Financial Highlights

Southside Academy is currently seeking additional donations of $600,000 in order to fulfill our mission. The breakdown of the funding may be seen below:

• Salaries: $200,000
• School Materials (books, toys, desks, chairs, etc): $180,000
• Administrative Expenses: $120,000 to pay for lease costs, ongoing operational expenses, and marketing.
• Working capital: $100,000

The following graph below outlines the pro forma financial projections for Southside Academy.

Company Overview

Who is southside academy, southside academy’s history.

Southside Academy started as an idea from a group of school teachers, including Mike Brown. The teachers were university pals who are passionate about teaching and children. They have seen the gaps in education in St. Paul, Minnesota, and wanted to create a school that elevates the academic environment for the children of this area.

Their plans to build a school started in 2015, but it was only until April 2016 that they finally completed all the paperwork and met the legal requirements. Since then, Southside Academy has achieved the following milestones:

• Found a location and built the school
• Developed the school’s name, logo, and website
• Determined curriculum
• Hired teachers and other key employees

Southside Academy’s Services

Industry analysis.

Education is an essential foundation for a thriving society. It’s more important than ever before that every child has access to affordable, high-quality education. While public schools are an essential option for many low-income families, the education provided by private schools often results in higher test scores and more students moving on to top-tier universities.

The private school industry has experienced steady growth in the past five years. The key industry drivers are economic growth, the rise in numbers of K-12 students, an increase in the number of families with both parents working, and government initiatives to support education.

According to Polaris Market Research, this growth is expected to continue with a forecasted compound annual growth rate of 6.6% from now until 2030. This shows that Southside Academy has great potential to keep growing and expanding. We will have ample opportunities to grow our curriculum and offer services to students that help them reach their highest potential.

Customer Analysis

Demographic profile of target market.

Southside Academy serves the families and children of St. Paul, Minnesota. The area is mostly populated by young couples and new families that have disposable income and can pay a premium for their children’s education.

The precise demographics of the town in which our location resides are as follows:

Customer Segmentation

We primarily target the following three customer segments:

• Young children
• Young couples

Competitive Analysis

Direct and indirect competitors.

Southside Academy faces competition from other schools with similar profiles. A description of each competitor company is below.  

Waters Independent School

Founded in 1968, Waters Independent School is a non-profit and tax-exempt independent school system. The school is governed by an independent Board of Trustees and offers preschool through eighth-grade programs. WIS is accredited by the state’s Council of Independent Schools (FCIS).

Waters Independent School has small class sizes with low student-to-teacher ratios. Further, WIS’ Programs include a strong academic foundation coupled with programs in the arts, physical education, media/technology, foreign language, and extracurricular areas.  

Hill Preparatory School

Founded in 1923, Hill Preparatory School is a private, non-sectarian, coeducational, college preparatory day school. It offers PK-12 programs in a safe, student-centered environment. HPS supports its students through the challenges of the school year with one-on-one attention from dedicated faculty, robust services like The Learning Center and the College Center, and the most advanced educational technology. The campus spans 28 acres and has a new 60,000+ square foot facility.  

Future Leaders Preparatory School

Founded in 1968, Future Leaders Prep is a private school for PreK3-8th grade. FLPS offers preschool, elementary school, and middle school programs and offers the International Baccalaureate program of study for all students. Teachers are endorsed in gifted education through a master’s level grant with [local University]’s College of Education Gifted Program. In addition to the school, Future Leaders offers community programs such as music, dance, art, and theater lessons through the Community School of the Arts, youth sports in the Community School for Sports, and the 7-week summer camp.

Competitive Advantage

There are many schools in St. Paul, Minnesota but none of them provides the same quality of education that Southside Academy provides, specifically the following:

Marketing Plan

Brand & value proposition.

The Southside Academy brand will focus on the school’s unique value proposition:

• Providing premium education at an affordable price
• Providing a supportive and challenging place for children to learn
• Giving parents the assurance that their children will reach their full potential

Promotions Strategy

The promotions strategy for Southside Academy is as follows:

Social Media

Southside Academy will invest heavily in a social media advertising campaign. The school will utilize social media accounts and invest in ads on all social media platforms. It will use targeted marketing to appeal to the target demographics.

Publications

The school will place print advertisements in key local publications, including newspapers, area magazines, and business newsletters. Additionally, Southside Academy will print brochures and place them in specific locations frequented by target individuals.

Website/SEO

Southside Academy will invest heavily in developing a professional website that displays all of the features and benefits of Southside Academy. It will also invest heavily in SEO so that the school’s website will appear at the top of search engine results.

Direct Mail

Southside Academy will blanket neighborhoods with direct mail pieces. These pieces will provide general information on Southside Academy and incentives to enroll.

Southside Academy prices its tuition at a moderate price so our students and their families feel they are getting great value when choosing our school.

Operations Plan

The following will be the operations plan for Southside Academy.

Operation Functions:

• Mike Brown is the school Principal. He manages the teachers, directs the direction of education, and serves as the head of the school.
• Mike is joined by Amanda Johnson who acts as the Administrative Assistant for the school. She helps Mike with the operations of the school as well as the marketing and administrative functions.
• Mike has hired an extensive team of highly qualified educators. Together, they teach dozens of subjects, including biology, chemistry, social studies, and mathematics. Every teacher that works for Southside Academy is passionate about education and pushing their students to reach their highest potential.

Milestones:

Southside Academy expects to achieve the following milestones in the following six months:

• 3/202X Kickoff of promotional campaign to attract new students
• 4/202X Start donation campaign
• 5/202X Hire new teachers for the upcoming year
• 6/202X Achieve donation/funding goal
• 7/202X Finalize list of incoming students for next year
• 8/202X Start next school year

Financial Plan

Key revenue & costs.

Southside Academy’s revenues come from student tuition fees and donations from both individuals and corporations.

The major costs for the company will be staffing, marketing expenses, location maintenance, equipment, and materials.

Funding Requirements and Use of Funds

Southside Academy is currently seeking additional fundraising and capital of $600,000 in order to fulfill our mission. The breakdown of the funding may be seen below:

Key Assumptions

The following outlines the key assumptions required in order to achieve the revenue and cost numbers in the financials and to pay off the startup business loan.

• Year 1: 200
• Year 2: 300
• Year 3: 400
• Year 4: 500
• Year 5: 600
• Tuition rate per year: $10,000

Financial Statements

Income statement.

Balance Sheet

Cash Flow Statement

School Business Plan FAQs

What is a school business plan.

A school business plan is a plan to start and/or grow your school business. Among other things, it outlines your business concept, identifies your target customers, presents your marketing plan and details your financial projections.

You can easily complete your School business plan using our School Business Plan Template here .

What are the Main Types of School Businesses?

There are a number of different kinds of school businesses, some examples include: private K-12 school, charter school, virtual schools, independent schools, primary school, secondary education, or preschool.

How Do You Get Funding for Your School Business Plan?

School businesses are often funded through small business loans. Personal savings, credit card financing and angel investors are also popular forms of funding.

What are the Steps To Start a School Business?

Starting a school business can be an exciting endeavor. Having a clear roadmap of the steps to start a business will help you stay focused on your goals and get started faster.

1. Develop A School Business Plan - The first step in starting a business is to create a detailed school business plan that outlines all aspects of the venture. This should include potential market size and target customers, the services or products you will offer, pricing strategies and a detailed financial forecast.  

2. Choose Your Legal Structure - It's important to select an appropriate legal entity for your school business. This could be a limited liability company (LLC), corporation, partnership, or sole proprietorship. Each type has its own benefits and drawbacks so it’s important to do research and choose wisely so that your school business is in compliance with local laws.

3, Register Your School Business - Once you have chosen a legal structure, the next step is to register your school business with the government or state where you’re operating from. This includes obtaining licenses and permits as required by federal, state, and local laws.

4. Identify Financing Options - It’s likely that you’ll need some capital to start your school business, so take some time to identify what financing options are available such as bank loans, investor funding, grants, or crowdfunding platforms. 

5. Choose a Location - Whether you plan on operating out of a physical location or not, you should always have an idea of where you’ll be based should it become necessary in the future as well as what kind of space would be suitable for your operations. 

6. Hire Employees - There are several ways to find qualified employees including job boards like LinkedIn or Indeed as well as hiring agencies if needed – depending on what type of employees you need it might also be more effective to reach out directly through networking events. 

7. Acquire Necessary School Equipment & Supplies - In order to start your school business, you'll need to purchase all of the necessary equipment and supplies to run a successful operation. 

8. Market & Promote Your Business - Once you have all the necessary pieces in place, it’s time to start promoting and marketing your school business. This includes creating a website, utilizing social media platforms like Facebook or Twitter, and having an effective Search Engine Optimization (SEO) strategy. You should also consider traditional marketing techniques such as radio or print advertising. 

Learn more about how to start a successful school business:

• How to Start a School

Other Helpful Business Plan Templates

Nonprofit Business Plan Template

School Business Plan Template

Written by Dave Lavinsky

School Business Plan

Over the past 20+ years, we have helped over 500 entrepreneurs and business owners create business plans to start and grow their schools.

If you’re unfamiliar with creating a school business plan, you may think creating one will be a time-consuming and frustrating process. For most entrepreneurs it is, but for you, it won’t be since we’re here to help. We have the experience, resources, and knowledge to help you create a great business plan.

In this article, you will learn some background information on why business planning is important. Then, you will learn how to write a school business plan step-by-step so you can create your plan today.

Download our Ultimate Business Plan Template here >

What is a School Business Plan?

A business plan provides a snapshot of your school as it stands today, and lays out your growth plan for the next five years. It explains your business goals and your strategies for reaching them. It also includes market research to support your plans.

Why You Need a Business Plan for a School

If you’re looking to start a school or grow your existing school, you need a business plan. A business plan will help you raise funding, if needed, and plan out the growth of your school to improve your chances of success. Your school business plan is a living document that should be updated annually as your company grows and changes.

Sources of Funding for Schools

With regards to funding, the main sources of funding for schools are donations and gifts, tuition, personal savings, credit cards, bank loans, and angel investors. When it comes to bank loans, banks will want to review your business plan and gain confidence that you will be able to repay your loan and interest. To acquire this confidence, the loan officer will not only want to ensure that your financials are reasonable, but they will also want to see a professional plan. Such a plan will give them the confidence that you can successfully and professionally operate a business. Personal savings and bank loans are the most common funding paths for schools.

Finish Your Business Plan Today!

How to write a business plan for a school.

If you want to start a school or expand your current one, you need a business plan. The guide below details the necessary information for how to write each essential component of your school business plan.

Executive Summary

Your executive summary provides an introduction to your business plan, but it is normally the last section you write because it provides a summary of each key section of your plan.

The goal of your executive summary is to quickly engage the reader. Explain to them the kind of school you are running and the status. For example, are you a startup, do you have a school that you would like to grow, or are you operating a chain of schools?

Next, provide an overview of each of the subsequent sections of your plan.

• Give a brief overview of the school industry.
• Discuss the type of school you are operating.
• Detail your direct competitors. Give an overview of your target customers.
• Provide a snapshot of your marketing strategy. Identify the key members of your team.
• Offer an overview of your financial plan.

Company Overview

In your company overview, you will detail the type of school you are operating.

For example, you might specialize in one of the following types of schools:

• Private K-12 school : this type of school typically charges tuition, and may be affiliated with a religious organization, or specialize in a particular learning method.
• Charter school: this type of school offers primary or secondary education for a tuition, and may receive some public funding, and/or donations. These schools require their students to take state-mandated exams.
• Special subject school: this type of school specializes in teaching a specific subject, such as driving, first-aid, self-defense, fine arts, language, or general tutoring.
• Preschool: this type of school typically serves children who are aged 3 and 4. These schools prepare young children to enter formal education, and are funded by some combination of tuition, donations, and government grants.

In addition to explaining the type of school you will operate, the company overview needs to provide background on the business.

Include answers to questions such as:

• When and why did you start the business?
• What milestones have you achieved to date? Milestones could include the number of students served, the number of students accepted into elite formal education institutions, etc.
• Your legal business Are you incorporated as an S-Corp? An LLC? A sole proprietorship? Explain your legal structure here.

Industry Analysis

In your industry or market analysis, you need to provide an overview of the school industry.

While this may seem unnecessary, it serves multiple purposes.

First, researching the school industry educates you. It helps you understand the market in which you are operating.

Secondly, market research can improve your marketing strategy, particularly if your analysis identifies market trends.

The third reason is to prove to readers that you are an expert in your industry. By conducting the research and presenting it in your plan, you achieve just that.

The following questions should be answered in the industry analysis section of your school business plan:

• How big is the school industry (in dollars)?
• Is the market declining or increasing?
• Who are the key competitors in the market?
• Who are the key suppliers in the market?
• What trends are affecting the industry?
• What is the industry’s growth forecast over the next 5 – 10 years?
• What is the relevant market size? That is, how big is the potential target market for your school? You can extrapolate such a figure by assessing the size of the market in the entire country and then applying that figure to your local population.

Customer Analysis

The customer analysis section of your school business plan must detail the customers you serve and/or expect to serve.

The following are examples of customer segments: families with elementary-aged children, families with high-school-aged children, families with preschool children.

As you can imagine, the customer segment(s) you choose will have a great impact on the type of school you operate. Clearly, families with high schoolers would respond to different marketing promotions than families with preschoolers, for example.

Try to break out your target customers in terms of their demographic and psychographic profiles. With regards to demographics, including a discussion of the ages, genders, locations, and income levels of the potential customers you seek to serve.

Psychographic profiles explain the wants and needs of your target customers. The more you can recognize and define these needs, the better you will do in attracting and retaining your customers.

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Competitive Analysis

Your competitive analysis should identify the indirect and direct competitors your business faces and then focus on the latter.

Direct competitors are other schools.

Indirect competitors are other options that customers have to purchase from that aren’t directly competing with your product or service. This includes public schools, virtual schools, and families who do homeschooling. You need to mention such competition as well.

For each such competitor, provide an overview of their business and document their strengths and weaknesses. Unless you once worked at your competitors’ businesses, it will be impossible to know everything about them. But you should be able to find out key things about them such as

• What types of students do they serve?
• What type of school are they?
• What is their pricing (premium, low, etc.)?
• What are they good at?
• What are their weaknesses?

With regards to the last two questions, think about your answers from the customers’ perspective. And don’t be afraid to ask your competitors’ customers what they like most and least about them.

The final part of your competitive analysis section is to document your areas of competitive advantage. For example:

• Will you provide specialized instruction, either in subject or in method?
• Will you offer courses or services that your competition doesn’t?
• Will you provide better customer service?
• Will you offer better pricing?

Think about ways you will outperform your competition and document them in this section of your plan.  

Marketing Plan

Traditionally, a marketing plan includes the four P’s: Product, Price, Place, and Promotion. For a school business plan, your marketing strategy should include the following:

Product : In the product section, you should reiterate the type of school that you documented in your company overview. Then, detail the specific products or services you will be offering. For example, will you provide religious-focused K-8 education, college preparatory courses, or single-subject instruction like driving or fine arts?

Price : Document the prices you will offer and how they compare to your competitors. Essentially in the product and price sub-sections of your plan, you are presenting the courses and/or extracurricular activities you offer and their prices.

Place : Place refers to the site of your school. Document where your company is situated and mention how the site will impact your success. For example, is your school located in a growing neighborhood, in the city center, or will you operate purely online? Discuss how your site might be the ideal location for your customers.

Promotions : The final part of your school marketing plan is where you will document how you will drive potential customers to your location(s). The following are some promotional methods you might consider:

• Advertise in local papers, radio stations and/or magazines
• Reach out to websites
• Distribute flyers
• Engage in email marketing
• Advertise on social media platforms
• Improve the SEO (search engine optimization) on your website for targeted keywords

Operations Plan

While the earlier sections of your business plan explained your goals, your operations plan describes how you will meet them. Your operations plan should have two distinct sections as follows.

Everyday short-term processes include all of the tasks involved in running your school, including answering calls, planning and delivering instruction, applying for grants, fundraising, performing administrative tasks, overseeing instructors, handling discipline, scheduling and monitoring extracurricular activities, etc.

Long-term goals are the milestones you hope to achieve. These could include the dates when you expect to enroll your Xth student, or when you hope to reach $X in revenue. It could also be when you expect to expand your school to a new city.  

Management Team

To demonstrate your school’s potential to succeed, a strong management team is essential. Highlight your key players’ backgrounds, emphasizing those skills and experiences that prove their ability to grow a company.

Ideally, you and/or your team members have direct experience in managing schools. If so, highlight this experience and expertise. But also highlight any experience that you think will help your business succeed.

If your team is lacking, consider assembling an advisory board. An advisory board would include 2 to 8 individuals who would act as mentors to your business. They would help answer questions and provide strategic guidance. If needed, look for advisory board members with experience in running a school or experience with public school administration or who has served on a public school board.  

Financial Plan

Your financial plan should include your 5-year financial statement broken out both monthly or quarterly for the first year and then annually. Your financial statements include your income statement, balance sheet, and cash flow statements.

Income Statement

An income statement is more commonly called a Profit and Loss statement or P&L. It shows your revenue and then subtracts your costs to show whether you turned a profit or not.

In developing your income statement, you need to devise assumptions. For example, will you enroll 100 or 1,000 students per semester, and/or offer extracurricular activities? And will sales grow by 2% or 10% per year? As you can imagine, your choice of assumptions will greatly impact the financial forecasts for your business. As much as possible, conduct research to try to root your assumptions in reality.

Balance Sheets

Balance sheets show your assets and liabilities. While balance sheets can include much information, try to simplify them to the key items you need to know about. For instance, if you spend $50,000 on building out your school, this will not give you immediate profits. Rather it is an asset that will hopefully help you generate profits for years to come. Likewise, if a lender writes you a check for $50,000, you don’t need to pay it back immediately. Rather, that is a liability you will pay back over time.

Cash Flow Statement

Your cash flow statement will help determine how much money you need to start or grow your business, and ensure you never run out of money. What most entrepreneurs and business owners don’t realize is that you can turn a profit but run out of money and go bankrupt.

When creating your Income Statement and Balance Sheets be sure to include several of the key costs needed in starting or growing a school:

• Cost of equipment and supplies
• Payroll or salaries paid to staff
• Business insurance
• Other start-up expenses (if you’re a new business) like legal expenses, permits, computer software, and equipment

Attach your full financial projections in the appendix of your plan along with any supporting documents that make your plan more compelling. For example, you might include your school location lease or a list of elective courses or extracurricular activities you will offer.  

Writing a business plan for your school is a worthwhile endeavor. If you follow the template above, by the time you are done, you will truly be an expert. You will understand the school industry, your competition, and your customers. You will develop a marketing strategy and will understand what it takes to launch and grow a successful school.

Don’t you wish there was a faster, easier way to finish your School business plan?

OR, Let Us Develop Your Plan For You

Since 1999, Growthink has developed business plans for thousands of companies who have gone on to achieve tremendous success.   Click here to learn about Growthink’s business plan writing services .

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FAQs about Setting Up and Managing International Schools

Aug 8, 2023 | Blog

FAQs International Schools

Setting up and managing an international school involves many considerations.

Below is a list of 88 frequently asked questions (FAQs) organised into subheadings to help you navigate through the process.

FAQs International Schools – General Information:

1.what is an international school.

An international school is an educational institution that follows a curriculum from a foreign country, usually taught in English or another language, and caters to a diverse student body, including both local and expatriate children. By definition a host country will describe the school as “international” because it offers a different curriculum and the school is licensed to do so. Within international education circles however the definition is much broader. It would include such features as multicultural perspectives, universally accepted global standards and teachers of different backgrounds.

2. What are the benefits of establishing an international school?

Establishing an international school can attract a diverse student population, promote cross-cultural understanding, offer globally recognised education, and contribute to the local community’s growth and development. In developing countries the school is likely to offer improved standards and a better quality than local schools provide. Investors in new international schools will seek to meet the needs of parents from middle class and above seeking pathways to higher education abroad.

3. Who can open an international school?

In most countries, individuals or organisations meeting specific criteria and obtaining the necessary approvals can open an international school. This typically involves meeting educational, financial, and infrastructural requirements set by the local authorities. International curriculum groups will also have standards and requirements unique to their program.

Learn more about different ownership models

4. Is there a difference between an international school and a bilingual school?

Yes, there is a difference. An international school usually follows a foreign curriculum and aims to provide a global education experience, while a bilingual school typically emphasises teaching in two languages, often the local language and a second language. Bilingual schools frequently offer a foreign curriculum as well as meeting local expectations.

5. What age range does an international school typically cater to?

International schools generally cater to students from pre-kindergarten or early years (age 3-5) to secondary school (age 18), covering the full range of primary and secondary education.

Legal and Regulatory Matters:

6. what are the legal requirements for starting an international school.

The legal requirements for starting an international school vary depending on the country or region. Generally, they involve registering the school with the appropriate education authorities, obtaining necessary licenses and permits, adhering to curriculum guidelines, and complying with local education laws and regulations.

7. Do I need specific licenses or permits to operate an international school?

Yes, operating an international school typically requires specific licenses and permits, including educational permits, building permits, health and safety certifications, and accreditation from relevant educational bodies.

8. Are there any specific curriculum standards or guidelines to follow?

Yes, international schools often need to adhere to established curriculum standards or guidelines from recognized educational boards or international organizations. Common examples include the International Baccalaureate (IB) or the Cambridge International Examinations (CIE) .

9. What are the regulations for hiring foreign teachers and staff?

Regulations for hiring foreign teachers and staff vary by country and often involve obtaining work permits and visas. Some countries may have specific requirements for teachers’ qualifications and experience, including language proficiency.

10. How can I ensure compliance with local education laws and regulations?

To ensure compliance, it is essential to research and understand the specific education laws and regulations of the country where the international school is being established. Engaging legal counsel and working closely with local education authorities can help navigate the compliance process successfully. Regular monitoring and updates on changing regulations are also crucial to maintain compliance over time.

Curriculum and Programs:

11. what curriculum options are available for an international school.

International schools have various curriculum options to choose from, such as the International Baccalaureate (IB), Cambridge International Curriculum, American curriculum (e.g., Common Core), and national curricula from other countries. The selection depends on the school’s educational philosophy, target audience, and local recognition of the curriculum.

Learn more about the curriculum options

12. How can I choose the best curriculum for the school’s target audience?

When selecting a curriculum, consider the needs and preferences of your target audience (students and parents). Conduct market research to understand their expectations and preferences for international education. Also, assess the curriculum’s alignment with the school’s mission, vision, and educational goals.

13. Should the school offer extracurricular activities and programs?

Yes, offering extracurricular activities enhances students’ holistic development and complements academic learning. Consider a diverse range of activities, such as sports, arts, music, clubs, community service, and leadership programs, to cater to students’ varied interests and talents.

14. What is the importance of offering language programs?

Offering language courses is essential for promoting multilingualism and cultural understanding. Providing local language courses can help expatriate students integrate into the local community, while offering international languages can facilitate communication and prepare students for a globalised world. Most international schools will offer the local mother tongue and one other, including english. Schools will frequently offer a third language.

15. How can the school promote multicultural understanding and appreciation?

To promote multicultural understanding, organize cultural events, celebrations, and workshops that showcase diverse traditions and customs. Encourage open dialogues about different cultures and emphasize respect for cultural differences in the school’s curriculum and activities. Additionally, hiring teachers from various cultural backgrounds can enrich the learning environment.

Infrastructure and Facilities:

16. what are the essential facilities needed for an international school.

Essential facilities for an international school include classrooms equipped with modern teaching tools, libraries, science and computer laboratories, sports fields, art studios, music rooms, cafeteria, playgrounds, and administrative offices. Adequate security measures are also crucial.

Learn more about how much area is required for a school

Learn more about Interior design for a school

17. How can I ensure that the school campus is safe and secure?

To ensure campus safety and security, implement measures like controlled access to the premises, security personnel, CCTV surveillance, and emergency response protocols. Conduct regular safety drills to prepare students and staff for various emergency situations.

18. What technology and equipment should be provided to enhance learning?

Providing modern technology, such as computers, interactive whiteboards, audiovisual equipment, and internet connectivity, enhances the learning experience. Ensure that teachers receive proper training on using technology effectively in the classroom.

Learn more about schools technology

19. How can the school maintain and manage its physical infrastructure?

Regular maintenance and upkeep are essential to ensure the longevity of the school’s physical infrastructure. Create a maintenance schedule, conduct periodic inspections, and promptly address any issues that arise. Budget for infrastructure maintenance should be included in the overall financial planning.

Admissions and Enrollment:

20. what criteria should be used for student admissions.

Admissions criteria typically include factors like age eligibility, academic records, language proficiency, and behavioural history. Some schools may prioritise diversity and cultural inclusion in their admissions process.

Learn more about diversity and inclusion in admission processes

21. How can the school attract and enroll international students?

To attract international students, the school can participate in international education fairs, engage with education consultants, create a user-friendly and informative website, and offer scholarships or financial aid to eligible students.

22. What documentation is required for student enrollment?

Documentation required for student enrollment may include birth certificates, academic transcripts, immunization records, passports or visas for international students, and any other documents required by local education authorities.

23. Should there be a cap on the number of students per class?

Setting a reasonable cap on the number of students per class is beneficial for maintaining an effective learning environment. Smaller class sizes allow teachers to provide personalized attention to students, leading to improved learning outcomes. International schools tend to have smaller than average class sizes, compared to local schools.

Finance and Budgeting:

24. what is the estimated cost of setting up an international school.

The cost of setting up an international school can vary widely depending on factors such as location, infrastructure, curriculum, and staffing. A comprehensive feasibility study and budget planning are essential to determine the estimated cost accurately.

We highly recommend a comprehensive and professional financial modelling process including 10 year projections.

Learn more about financial modelling.

25. How can I secure funding or investment for the school?

Funding for an international school can come from various sources, including private investors, educational foundations, bank loans, and public-private partnerships. A well-prepared business plan and strong pitch are crucial when seeking funding.

26. What are the ongoing expenses and how can they be managed?

Ongoing expenses for an international school include salaries and benefits for staff, utilities, maintenance, educational resources, extracurricular activities, and administrative costs. Effective financial management, budgeting, and cost-control measures are essential for managing expenses.

27. How should the school handle financial matters like tuition fees and payment options?

Clearly communicate the tuition fees and payment schedule to parents. Offer multiple payment options, such as monthly, quarterly, or annual payments, to accommodate different financial situations. Establish a transparent financial system to handle tuition collection and record-keeping.

Staff Recruitment and Management:

28. what qualifications and experience should teachers possess.

Teachers should hold relevant academic degrees and teaching certifications. International schools often prefer educators with experience in multicultural settings and expertise in the chosen curriculum. As a general rule teachers need to match the same standards set by the curriculum’s host country, being UK, US, Australia or Canada.

29. How can the school recruit and retain qualified foreign teachers?

To attract and retain foreign teachers, the school can participate in international job fairs, use reputable recruitment agencies, offer competitive compensation packages, provide professional development opportunities, and create a supportive work environment.

Learn more about teacher recruitment processes

30. What is the ideal student-teacher ratio?

The ideal student-teacher ratio varies depending on the school’s educational philosophy and the age group of students. Generally, lower student-teacher ratios allow for more personalised attention and better learning experiences. Younger children require different ratios than older students. Specialist areas also have different requirements.

Some general guidelines that many educational institutions aim to follow:

• Infant Rooms (0-12 months): Ideally, the ratio can be around 1 teacher for every 3-4 infants. ( Not common in international schools)
• Toddler Rooms (1-3 years): The ratio can vary, but a common guideline is 1 teacher for every 4-6 toddlers. ( Not common in international schools )
• Preschool/Pre-K (3-5 years) : The ratio often ranges from 1 teacher for every 7-10 preschoolers.
• Grades 1-13 (5-18 years): The ratio is frequently 1 teacher for every 20-25 students.

31. How can the school support professional development for staff?

Providing regular training sessions, workshops, and conferences can help staff improve their teaching skills and keep up with the latest educational trends. Encouraging teachers to pursue further education and certifications is also beneficial. Different curriculum bodies may also require specific training.

Marketing and Branding:

32. how can the school effectively market itself to attract students and parents.

Effective marketing strategies include a strong online presence with a user-friendly website, social media engagement, informative brochures, word-of-mouth referrals, and participation in local and international education events.

33. What strategies can be used to promote the school’s unique selling points?

Identify the school’s unique strengths, such as special programs, extracurricular activities, or the quality of teachers, and emphasise these points in marketing materials and communications to parents and students.

34. How can the school build a strong brand reputation in the education sector?

Building a strong brand reputation in the education sector is essential for attracting students, parents, and qualified staff, as well as for establishing the school’s credibility and success. Here are some strategies to build a strong brand reputation for an international school:

• Define a Clear Vision and Mission: Develop a clear and compelling vision and mission statement that reflects the school’s values, educational philosophy, and goals. This helps create a sense of purpose and direction, which resonates with potential stakeholders.
• Showcase Academic Excellence: Emphasise academic achievements, student success stories, and quality of education. Highlight awards, accreditations, and academic programs that set the school apart.
• Highlight Diverse and Inclusive Environment: Emphasise the school’s commitment to diversity and inclusion by showcasing cultural events, international programs, and a welcoming atmosphere for students from various backgrounds.
• Promote Innovative Teaching and Learning: Showcase modern teaching methods, technology integration, and innovative educational practices that enhance the learning experience for students.
• Engage in Community Outreach: Participate in community events, engage in social responsibility projects, and collaborate with local organisations to show the school’s commitment to the community’s well-being.
• Leverage Digital Marketing: Maintain an informative and visually appealing website, active social media presence, and engaging content to reach a wider audience and share the school’s achievements.
• Provide Exceptional Parent Engagement: Foster strong relationships with parents
• Engage with Alumni: Foster strong connections with alumni through alumni events, newsletters, and mentorship opportunities. Celebrate their achievements and involve them in school activities.
• Implement Quality Assurance Measures: Regularly assess and review the quality of education and services provided by the school. Use the feedback received to improve and maintain high standards.
• Collaborate with Industry Partners: Establish partnerships with local businesses, universities, and organisations to provide students with real-world experiences, internships, and networking opportunities.
• Focus on Student Well-being: Prioritise student well-being by implementing comprehensive support services, counselling, and promoting mental health awareness.
• Participate in Education Conferences and Events: Be active in education-related conferences, workshops, and seminars to showcase the school’s expertise and commitment to continuous learning.
• Create a Strong Brand Identity: Develop a visually appealing and consistent brand identity that reflects the school’s values, logo, colours, and communication style.
• Promote Parent Testimonials and Reviews: Encourage satisfied parents to share their testimonials and positive experiences. Positive word-of-mouth can significantly impact the school’s reputation.
• Engage with Local Media: Collaborate with local media to feature the school’s achievements, events, and success stories. Positive media coverage can enhance the school’s visibility and reputation.
• Encourage Student Leadership and Involvement: Empower students to take leadership roles and actively participate in decision-making processes within the school. This fosters a sense of ownership and pride among students.
• Establish a Strong Online Presence: Maintain active social media accounts, share engaging content, and interact with the online community to build a positive digital reputation.
• Offer Open House Events: Organise regular open house events where prospective students and parents can visit the campus, meet teachers, and experience the school’s environment firsthand.
• Provide Professional Development for Staff: Invest in the growth and development of teachers and staff through continuous training and opportunities for career advancement.
• Maintain Excellent Communication: Ensure transparent and effective communication with all stakeholders, including parents, students, staff, and the broader community.
• Conduct Satisfaction Surveys: Regularly conduct satisfaction surveys to assess the experiences of students, parents, and staff. Use the feedback to make necessary improvements.

Learn more about school marketing

Parent and Community Engagement:

35. what are the benefits of involving parents in school activities.

Involving parents enhances their sense of belonging to the school community, fosters positive relationships between parents and teachers, and leads to better support for students’ educational journey.

36. How can the school encourage parent participation and feedback?

The school can organise regular parent-teacher conferences, workshops, and school events. Additionally, provide multiple channels for parents to give feedback, such as suggestion boxes, surveys, or digital communication platforms.

37. Should the school organise community outreach events?

Community outreach events are an excellent way to connect with the local community and promote the school’s values. Activities like charity drives, cultural exchanges, and workshops can be organised to engage with the community positively.

Student Support and Well-being:

38. what support systems are in place for students with diverse needs.

Implement a student support team that includes counsellors, learning support specialists, and behaviour interventionists to cater to the diverse needs of students. Develop individualised education plans (IEPs) for students with learning challenges.

39. How can the school promote a positive and inclusive learning environment?

Promote inclusivity by celebrating diversity, fostering open communication, promoting tolerance, and implementing anti-bullying and anti-discrimination policies. Encourage students to embrace differences and respect each other’s backgrounds and cultures.

40. What measures can be taken to ensure student safety and well-being?

To ensure student safety and well-being, implement safety protocols, conduct regular safety drills, establish anti-bullying policies, provide counselling services, and create a supportive and inclusive learning environment. Engaging parents in discussions about safety measures can also enhance overall security.

Assessments and Evaluations:

41. how should the school assess student progress and performance.

The school can use a combination of formative and summative assessments to gauge student progress. Formative assessments, such as quizzes and class discussions, provide ongoing feedback to improve learning. Summative assessments, like exams and standardised tests, measure overall achievement.

Learn more about assessment

42. What methods are used for conducting exams and evaluations?

Exams and evaluations can be conducted through written tests, oral presentations, projects, practical demonstrations, and other methods suitable for assessing the specific learning objectives of each subject.

43. How can the school maintain transparency in grading and assessment?

Maintain clear and consistent grading criteria for each assessment. Communicate assessment rubrics and grading scales to students and parents. Provide regular progress reports to keep parents informed about their child’s academic performance.

School Governance:

44. what is the organisational structure of the school’s governing body.

The organisational structure of the school’s governing body typically includes a board of directors or trustees responsible for policy-making and overall school governance. The board may delegate administrative authority to the school principal or headmaster.

45. How are decisions made within the school’s administration?

Decisions within the school’s administration are made through a combination of collaboration, consultation, and hierarchical decision-making. The principal or headmaster often leads administrative decisions, considering input from teachers, staff, and the school board.

46. What are the roles and responsibilities of the school board or trustees?

The school board or trustees oversee the school’s overall direction and policies, ensure financial stability, approve budgets, hire and evaluate the school’s leadership, and advocate for the school within the community.

International Accreditation and Recognition:

47. is it necessary for the school to seek international accreditation.

Seeking international accreditation can enhance the school’s credibility and reputation globally. Accreditation from reputable organisations like the Council of International Schools (CIS) or the New England Association of Schools and Colleges (NEASC) validates the school’s quality and adherence to international standards.

Learn more about accreditation

48. What are the benefits of obtaining international recognition for the school?

International recognition enhances the school’s competitiveness, attracts students and teachers from around the world, and provides access to global networks and collaboration opportunities. It also makes the school an attractive choice for internationally mobile families.

49. How can the school go through the accreditation process?

To go through the accreditation process, the school must submit an application to the accrediting organization, undergo a comprehensive self-study, host a visit from the accreditation team, and address any recommendations or improvement areas identified during the review process.

Learn more about School Accreditation

Language of Instruction:

50. should the school have a specific language of instruction.

Yes, having a specific language of instruction is essential for effective communication and learning. English is often used as the primary language of instruction in many international schools, but bilingual schools may use two languages for teaching. Some schools are tri-lingual.

51. How can language barriers be addressed for non-native English speakers?

To address language barriers, provide English language support programs, such as ESL (English as a Second Language) classes. Implement teaching strategies that accommodate diverse language proficiency levels and encourage a supportive and inclusive classroom environment.

School Calendar and Holidays:

52. what should the school calendar include.

The school calendar should include the start and end dates of the academic year, holidays, breaks, exam periods, and any other important events like parent-teacher conferences, sports days, and cultural celebrations.

53. How can the school accommodate different cultural holidays?

Accommodate different cultural holidays by acknowledging and respecting the diverse backgrounds of the school community. Plan the school calendar to include significant cultural holidays, and consider offering learning activities and celebrations to educate students about various traditions.

Student Transportation:

54. should the school provide transportation services for students.

Providing transportation services can be beneficial for students who live far from the school or have limited access to public transportation. Ensure transportation safety and efficiency through qualified drivers and appropriate vehicle maintenance.

55. How can the school ensure safe and efficient transportation?

Implement strict safety measures, conduct background checks on drivers, equip vehicles with safety features, and establish transportation rules and protocols for students. Regularly review and update transportation policies to ensure continuous improvement. Many schools use tracking devices and Apps that allow constant monitoring my the school and parents of the driver location.

Crisis Management and Emergency Preparedness:

56. what protocols should the school have in place for emergencies.

Have well-defined emergency protocols in place for various scenarios, such as fire drills, natural disasters, medical emergencies, and lockdown procedures. Train staff and students regularly on how to respond to emergencies safely.

57. How can the school handle crises or unexpected situations?

During crises, it is essential to communicate promptly and transparently with parents and stakeholders. Have crisis management plans in place, appoint a crisis response team, and work with local authorities and experts to navigate through the situation.

Parent-Teacher Communication:

58. how should the school facilitate communication between parents and teachers.

Facilitate communication through various channels such as parent-teacher conferences, regular progress reports, emails, school apps, or parent portals. Encourage an open-door policy for parents to communicate with teachers and ensure their concerns are addressed promptly.

59. What tools or platforms can be used for efficient communication?

Use technology tools like school management software, email, mobile apps, or parent portals to facilitate efficient communication between parents, teachers, and the school administration. Choose platforms that are user-friendly and accessible to all stakeholders.

Here are some samples

International Partnerships:

60. are there benefits to establishing international partnerships with other schools.

Yes, establishing international partnerships can provide opportunities for cultural exchange, collaborative projects, sharing best practices in education, and creating global learning experiences for students and teachers.

61. How can the school foster global collaboration and exchange programs?

Foster global collaboration by initiating partnerships with schools from different countries, organising student exchange programs, conducting joint projects, and leveraging digital tools to facilitate virtual exchanges and cross-cultural communication.

Graduation and Post-Graduation Support:

62. what are the graduation requirements for students.

Graduation requirements typically include the successful completion of a prescribed number of credits or courses, meeting academic performance standards, and fulfilling any additional criteria set by the school or the governing educational board.

63. How can the school assist students in their college or career aspirations?

Support students in their college or career aspirations by offering college counselling services, organising career fairs, providing resources for standardised tests and application processes, and offering mentorship or internship opportunities.

Cultural Sensitivity and Inclusivity:

64. how can the school promote cultural sensitivity and diversity among students and staff.

Promote cultural sensitivity by integrating multicultural content into the curriculum, celebrating diverse cultural events, organising cultural awareness workshops, and fostering an inclusive environment that values and respects all cultures.

65. What measures can be taken to prevent cultural misunderstandings?

Prevent cultural misunderstandings by promoting open dialogue and encouraging students and staff to share their cultural perspectives. Addressing stereotypes and biases through education and sensitivity training can also reduce misunderstandings.

Learn more about Cultural Competency

School Events and Celebrations:

66. what events can the school organise to celebrate different cultures.

Organise multicultural events like international food festivals, cultural performances, language weeks, and heritage days where students and parents can share their traditions, music, dance, and culinary delights.

67. How can the school incorporate local traditions and celebrations?

Incorporate local traditions and celebrations into the school calendar by recognising national holidays, conducting local cultural events, and engaging with the community to understand and celebrate their customs and practices.

Health and Hygiene Standards:

68. what health and hygiene measures should the school implement.

Implement health and hygiene measures such as regular cleaning and sanitisation of facilities, promoting hand-washing practices, monitoring students’ health, providing first aid kits, and adhering to any health guidelines issued by relevant authorities.

69. How can the school address medical emergencies on campus?

Address medical emergencies by having trained staff members who can administer first aid, establishing communication protocols with nearby medical facilities, and ensuring all staff are aware of emergency procedures and contacts.

Alumni Engagement:

70. what benefits can come from maintaining strong alumni connections.

Maintaining strong alumni connections can lead to increased support for the school through donations, mentorship opportunities for current students, networking benefits for alumni, and a sense of pride and loyalty within the school community.

71. How can the school keep in touch with former students?

Keep in touch with former students through alumni newsletters, social media platforms, alumni events, reunions, and alumni databases. Engage alumni in school activities to foster a lasting relationship and encourage their active involvement.

Sustainability and Environmental Initiatives:

72. how can the school promote sustainability and environmental consciousness.

Promote sustainability by implementing eco-friendly practices, promoting recycling and waste reduction, organizing awareness campaigns, incorporating environmental education into the curriculum, and involving students in green initiatives.

73. What eco-friendly practices can be implemented on campus?

Implement eco-friendly practices such as energy-efficient lighting, rainwater harvesting, solar panels, waste segregation and recycling, reducing single-use plastics, and creating green spaces on campus.

Learn more about ways to achieve The United Nations’ Sustainable Development Goals (SDGs)

Technology Integration:

74. how can technology be integrated into the classroom effectively.

Integrate technology effectively by providing training for teachers on using educational technology, selecting appropriate digital tools that align with learning objectives, and balancing technology use with traditional teaching methods.

75. What steps should the school take to ensure data privacy and security?

Ensure data privacy and security by implementing robust IT security measures, using secure servers and cloud storage, restricting access to sensitive data, obtaining necessary consents, and complying with data protection regulations.

Teacher-Parent Conferences:

76. how often should parent-teacher conferences be held.

Parent-teacher conferences are typically held at least once or twice a year. Regular communication between parents and teachers throughout the year is also essential to keep parents informed about their child’s progress.

77. What should be discussed during these conferences?

During parent-teacher conferences, teachers should discuss the student’s academic progress, strengths, areas for improvement, social development, and any specific concerns. Parents can also provide insights into the student’s learning style and home support.

We strongly endorse student led 3-way conferences

Professional Development for Teachers:

78. how can the school support teachers’ ongoing professional growth.

Support teachers’ professional growth by offering professional development workshops, conferences, mentoring programs, and opportunities for continuing education. Encourage teachers to share best practices and collaborate with colleagues.

79. What resources are available for teacher development?

Resources for teacher development include online courses, workshops conducted by educational organisations, webinars, books, research papers, and networking opportunities with other educators.

Student Discipline and Code of Conduct:

80. what policies should be in place for student behaviour and discipline.

Policies for student behaviour and discipline should outline expectations for conduct, consequences for misconduct, and the school’s approach to fostering a positive and respectful learning environment. It should also address bullying prevention and intervention strategies.

81. How can the school create a positive and respectful learning environment?

To create a positive and respectful learning environment, the school should promote a culture of respect, encourage positive behaviour through recognition and reinforcement, provide social-emotional learning programs, and address conflicts proactively.

Gifted and Talented Programs:

82. should the school offer special programs for gifted and talented students.

Yes, offering special programs for gifted and talented students is beneficial. Enrichment programs, accelerated courses, and opportunities for advanced study challenge these students and support their academic growth.

83. How can these programs be implemented effectively?

Implementing effective programs for gifted and talented students involves early identification, differentiated instruction, personalised learning plans, and ongoing monitoring of progress. Collaboration with parents and specialists can also enhance program effectiveness.

Special Education and Learning Support:

84. how can the school accommodate students with special learning needs.

Accommodate students with special learning needs through individualised education plans (IEPs), inclusion support, assistive technology, trained special education teachers, and collaboration with parents and relevant specialists.

85. What resources and support can be provided to such students?

Provide resources such as learning aids, adaptive technology, small group instruction, and additional support staff as needed to ensure that students with special learning needs receive the necessary assistance for their academic and social development.

Engaging with Local Culture and Community:

86. how can the school integrate with the local community and culture.

Integrate with the local community and culture by participating in local events and initiatives, collaborating with local organisations, involving community members in school activities, and incorporating local culture into the curriculum.

87. Are there opportunities for students to engage in community service?

Yes, offering community service opportunities can help students develop a sense of social responsibility and empathy. Organise community service projects, partnerships with local charities, and voluntary activities that benefit the community.

Assessment of School Performance:

88. how can the school continuously evaluate and improve its overall performance.

Continuously evaluate and improve the school’s overall performance through data analysis, feedback surveys from students and parents, academic performance reviews, regular school self-assessments, and external accreditation reviews.

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Gse set up schools in all areas of the world, gse manage and operate schools in all areas of the world.

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www.gsineducation.com

Global Services in Education set up and operate schools in all parts of the world. Governed by a philosophy of global citizenship, every member of the GSE team shares a passion to help shape international education and student achievement through inspiration and collaboration. Our goal is to meet the highest objectives of every school, teacher, student and parent, with an unwavering dedication to quality education, shared ideals and intercultural perspectives.

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– Curriculum Design – School Policies – School Audits & Action Plans – Training & Development – Accreditation & Licensing

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Step 1 - Market~Feasibility Study & Business Plan

Market-Feasibility Study & Business Planning for New Private School Development Projects Thank you for contacting our firm regarding our market-feasibility study and business plan services for starting your private school. Our team at HEG is the global leader in school formation and management, having been involved in developing more than 100 private schools for a value of $1 billion in the USA, Canada, and internationally. We understand the key fundamentals needed to develop a successful school from the ground up and we provide customized ‘turn-key’ services for K-12 and/or Post-Secondary school formation. Our firm is experienced with developing for-profit and non-profit private K-12 schools world-wide: A market-feasibility study and business plan is a critical starting point and foundation for the development of your private school. Our firm has been involved in developing market-feasibility studies and business plans for hundreds of school projects in countries around the world and school types and have an experienced team in place to support your group -- be it for-profit or non-profit. Our market-feasibility study and business planning approach quantifies start-up capital requirements and operational budget, break-even point, IRR, the feasibility of the school model in your market, enrollment projections, facility/site requirements, determination of the purpose and direction of the school, educational philosophy, human resource requirements, and conveyance of the proposition to your founding group. We formalize your educational, operational, and business model, and quantify enrollment projections, capital needed to open the school, and your five year budget to determine when you break-even, and your internal rates of return and pay-down to investors. The rationale behind the market~feasibility study and business plan is to consolidate the scope of your formation project through an extensive onsite business case analysis to identify key elements and costs associated with developing your school and tasks associated with start-up. Upon conclusion of this process, we can better determine what you need to do next and the project’s feasibility. Our four-step development model follows these stages:

• Market Study and Business Plan
• School Development Plan
• Implementation of School Formation Plan
• Operation, Management, & Ongoing Support

The market-feasibility study and business plan typically requires members of our firm to conference with your team as part of our in-depth fieldwork to understand your educational model, proposed site(s), competition in your market(s), and the purpose and direction for your new school. We will then analyze and quantify the market for your proposed school, provide an overview of start-up and operational costs, and summary of the critical elements needed for development. The process allows HEG to evaluate your project’s capacity, market demand, facility requirements, location(s), enrolment, costing and financial projections, and optimal market. Objectives of the Market/Feasibility Study and Business Plan HEG will determine the critical elements needed for the formation of your school starting with the market/feasibility study and financial projections within the business plan, focusing on the following objectives to consolidate the purpose and direction for the new school's:

• Vision and mission statements;
• Educational philosophy and values;
• Educational program(s);
• Accreditation requirements and licensing;
• Potential combinations of grades for each stage of formation;
• Staffing, training, and human resource considerations;
• Infrastructure requirements;
• Funding requirements;
• Management team, governance model, organizational chart, and personnel needs;
• Timelines, benchmarks, and services for each stage of formation;
• Review of the business case including assessment of the market opportunity and value of the school to be developed;
• Financial costs/assumptions for the start-up budget and five-year financial plan;
• Determine the corporate structure and/or investment/funding;
• Determine target market, enrollment projections, marketing, and admissions plan;
• Determine project management timelines and milestones;
• Determine proposed facility requirements and suitable location(s) of the school;
• Address issues/strategies to ensure successful start-up and operation of the school;
• Develop a Business Plan that provides an Executive Report, recommendations, and cost profile with an overview of demand for the proposed school, costs, and ‘blueprint’ for moving forward.

Objectives Of The Business Plan The business plan wll povide a summary of the viability of your school formation project, including key measures for investors (e.g., IRR, break-even point or other appropriate measures of project value) and for lenders/donors (e.g., coverage ratios to show the project’s ability to support debt). The financial model will include sensitivity analysis to take into considerations variability in the key project assumptions. The following topic headings provide an overview of the key chapters in the market study and business plan:

• Executive Summary
• Business Description
• Pricing Strategy for Tuition
• Positioning And Competition
• Admissions And Enrollment
• School Formation Overview
• Location, Facilities, and FF&E
• Detailed Proformas, Financial Statements, and Budgets (Payroll, Capital Contributions, Financial Statement, IRR, Income Tax Loss Carry-Forward, Development Costs, Revenue, Procurement, Depreciation and Amortization, Administration Costs, Physical Plan and Maintenance Costs, Land Acquisition and Mortgage

Next Step If you are interested in our market study and business plan consulting services and would like to receive written material about HEG, or would like to discuss your particular needs, please contact HEG directly to find out more about our services. You can set this up by sending an email to [email protected] or calling directly at +1-800-687-1492. We invite you to continue browsing our web site.  

• International School Business Plan

Get close-to-reality international school financial projections

PlanMagic Business provides you with a full package to complete your business plan, and project your financials. The Advanced Edition (AE) offers 3 investor pitches,an executive dashboard, state-of-the-art analyses and scenarios as well as an interesting Web marketing guide and more. The business plan package includes:

• A well written school business plan template (MS Word)
• Fully automated close-to-reality financial projection application (MS Excel)
• A PowerPoint presentation template for your business plan
• An award-winning PowerPoint investor pitch deck beautifully prepared (AE only)
• An online complete business (plan) guide that covers all related subjects
• Several small but handy business tools

Special features

• Easy to use - Use of simple and understandable terms, clearly outlined.
• Print wizard - Business financial printouts are preformatted in Letter, Legal or A4 paper size.
• Sales tax - Financials handle US sales tax, VAT, GST or similar calculations.
• Multiple currency - The financials can use any currency, and you can use the exchange rate multiplier (AE only) to quickly update all the values.
• Business plan templates - Specific school business plan template.
• Sales estimation - Versatile sales estimation for most product & services.

PLAN TO STARTUP, EXPAND OR MONITOR ANY INTERNATIONAL SCHOOL LIKE A PRO

No, this is not a "How to write a international school business plan" or "How to successfully start a international school" blog. PlanMagic Business is the real thing that none of those storytellers can actually offer you. We can, so do read on and learn about the program you need to actually do it. And do it right! And you can get it all here, right now and get your international school business started!

INTERNATIONAL SCHOOL BUSINESS PLAN TEMPLATE

The preferred format school business plan template for investors, SBA, banks and angel investors in MS Word format.

You don't have to create your own contents from scratch or delete most of it as may be the case with a sample business plan. The program includes a complete template and the school business plan template. You can always purchase additional business plan templates. The school business plan template is fully geared towards the international school business. Easily add project plans, phasing diagrams, floor plans, specific plans and insert any data from the financial application.

• advertising agency
• air conditioning contractor
• antique shop
• apartment rental
• appliance repair
• appliance store
• automotive repair
• barber shop
• beach resort
• beauty salon
• beauty shop
• bed and breakfast
• bicycle manufacturer
• bicycle shop
• boarding house
• boarding school
• boat rental
• boutique hotel
• bowling alley
• bowling center
• bread store
• bridal store
• brow service
• building contractor
• building material
• bungalow rental
• bungalow resort
• business consultant
• call center
• camera shop
• camping equipment
• car bodyshop
• cattle ranch
• charitable organization
• charter school
• child care center
• chiropractor
• cleaning service
• clothing store
• coffee shop
• collection agency
• computer store
• concrete contractor
• construction
• convenience store
• cosmetics shop
• cosmetics store
• courier service
• croissanterie
• day care center
• debt collection
• debt collection agency
• delicatessen
• dental clinic
• department store
• disco dancing
• discount store
• distributor
• drink manufacturer
• dry cleaners
• electrical contractor
• elementary school
• employment agency
• equipment leasing
• fashion store
• financial advisor
• financial consultant
• fitness center
• flooring contractor
• flower shop
• food manufacturer
• fragrance shop
• fundraising organization
• furniture manufacturer
• furniture store
• garden center
• general contractor
• golf resort
• grocery store
• hair care products
• hardware store
• health resort
• heating contractor
• high school
• holiday rental
• house rental
• import export
• insurance agency
• insurance broker
• international school
• internet service provider
• investment advisor
• island resort
• jewelry shop
• lease company
• lingerie shop
• management consultant
• manufacturer
• marketing consultant
• medical clinic
• mobile phone shop
• motorcycle shop
• music store
• not for profit
• office furniture
• office supplies
• online business
• online retail store
• online school
• online service
• online shop
• online store
• painting contractor
• parts distributor
• pastry shop
• perfume shop
• photo studio
• pizza delivery
• plumbing contractor
• private foundation
• private school
• property rental
• public foundation
• real estate agency
• real estate agent
• real estate rental
• record company
• record label
• record shop
• resort hotel
• retail store
• roofing contractor
• service provider
• skin care shop
• social enterprise
• solar energy contractor
• specialty contractor
• supermarket
• tax exempt organization
• transportation
• travel agency
• utility contractor
• vehicle leasing
• vehicle rental
• veterinary clinic
• video rental
• villa rental
• warehousing
• waterpark resort
• waterproofing contractor
• youth hostel

CLOSE-TO-REALITY BUSINESS PLAN FINANCIALS

Trend setting financial application written in MS Excel that has no competition when it comes to close-to-reality fully automated projections. You will not find a better solution as specific, as detailed, and as automated. Enter some main assumptions and start entering your financial data into the clearly marked cells. Use it for a international school business plan but also for ongoing monitoring of your international school business .

Key advantages

• Offers PlanMagic's Smart Entry System (SES)™ to minimize and significantly speed up data entry.
• Validation checks for data consistency.
• Development can start up to 5 years prior to operations.
• Fiscal year and forecasts can start in any month.
• Forecasts include monthly (3 years), quarterly (3 years), and annual (5 years).
• Up to 5 years (10 years in AE) can be forecast in one financial workbook.
• Views are collapsible for clear summaries.
• Costs can be split between fixed and variable cost for contribution, break-even and similar analyses.
• Projected balance sheets that are always balanced.
• More than 40 charts illustrate trends in expenses, sales, revenues, cash flow and more.
• Conferencing or external consultants - easily export selected worksheets to values-only workbooks.

With the Advanced Edition - AE - you can plan up to 10 years and enjoy more detailed financial analysis and reports that surpass even the most expensive accounting programs.

STARTUP BUSINESS GUIDE

A complete online startup business guide that covers subjects such as organizational structure, financing (owners' equity, foreign capital), marketing (market analysis, business goals, marketing strategies, advertising), operations (business identity, business location), business financials (projections, historic analysis, ratios) and more. The Advanced Edition also includes an online Web marketing guide.

BUSINESS PLAN PRESENTATION

Easy to complete presentation template (> 50 slides) in PPT (MS PowerPoint) format. You can copy text from the document templates, link to tables in the document template, or link to worksheet data in the financial application. The template contains the same chapters and subchapters as the school business plan template.

INVESTOR PITCH DECKS (AE only)

The Advanced Edition includes professional investor pitch decks with 25+ slides in PPT(X) (MS PowerPoint) format. Everything you must include in the investor pitch for your international school business plan has been beautifully prepared.

The Portrait layout deck

The Widescreen layout deck

The Lean Pitch deck

The Advanced Edition also includes a lean investor pitch with slides in PPT(X) (MS PowerPoint) format. Great to make that first important impression count.

•   PlanMagic Business
•   PlanMagic Business AE (Advanced Edition)
•   PlanMagic Business + Marketing
•   PlanMagic Business AE (Advanced Edition) + Marketing AE
•   Get our International School business plan writing services

Minimum requirements MS Windows 7/8/10/11 32/64-bit and MS Office 2013/2016/2019+/365

  This superb tool allows me to generate 5/10-year proforma financial statements and perform the necessary sensitivity analysis that my clients expect.  

COMPLETE SCHOOL BUSINESS PLAN SOLUTION

MS Office, MS Word, MS Excel and MS PowerPoint are registered trademarks of Microsoft Corporation, PlanMagic is a registered trademark of PlanMagic Corporation. All copyrights acknowledged.

  All in all, from the first model I have purchased, your business plans are by far the best I have seen in terms of structure, contents, and relevance to what I am looking for in a business plan.  

34+ SAMPLE School Business Plan in PDF | MS Word | Google Docs | Apple Pages

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New School Business Plan

Step 1: school overview, step 2: executive summary, step 3: school services.

• Literacy services
• Numeracy services
• Meeting accreditation standards
• Foundations in science and mathematics
• Foundations in geography and history
• Giving extracurricular activities
• Giving books and school materials

Step 4: Mission Statement and Vision Statement

Step 5: job description, step 6: swot analysis.

• Strengths – What is the ace of your school against your competitors?
• Weaknesses – On what aspects are your school lacking?
• Opportunities – Where does your school excel in teaching?
• Threats – What can make a student leave your school?

Step 7: Market Research

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Private School Business Plan [Sample Template]

By: Author Tony Martins Ajaero

Home » Business Plans » Education Sector » Schooling

Are you about starting a private school (nursery, primary or high school)? If YES, here’s a complete sample private school business plan template & feasibility report you can use for FREE.

Okay, so we have considered all the requirements for starting a private school. We also took it further by analyzing and drafting a sample private school marketing plan template backed up by actionable guerrilla marketing ideas for private schools. So let’s proceed to the business planning section.

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One of the best things that can happen to anyone is to have a private school. This is one very lucrative business that will continue to rake in money for its owners. As an aspiring entrepreneur who is looking towards starting a business, you should ensure that whatever business you intend to start, you make sure that it is located in an appropriate place.

For example; if you want to start a private school, it will be a wrong business judgment if you decide to site the school close to an industrial area or close to a market. Aspiring entrepreneurs therefore are urged as a matter of necessity to ensure that they carry out a thorough market research and feasibility study of the industry they intend to go into before investing their hard earned money and time.

It is known fact that the demand for private schools is driven by the fact that most public cum government owned schools cannot accommodate every students or potential students in a given geographical location. In some cases, students with special needs cannot cope in public schools hence the need for private schools.

If you think starting a private school business sounds like what you want to do. Then you may want to use the business plan below as a guide.

A Sample Private School Business Plan Template

1. industry overview.

Private schools which is also known in the united states as independent schools, non-governmental, or non – state schools are schools that are not administered by either the local, state or the federal governments; hence, they have the right to select their students and are funded in whole or in part by charging their students tuition fees, rather than relying on mandatory taxation through public (government) funding.

Some private schools have structure in place that offer scholarships to some students, which makes the cost cheaper, depending on a talent such as sport scholarship, art scholarship, academic scholarship the student may be brining to the private school, financial need, or tax credit scholarships that might be available.

The Private Schools industry comprises of primary that is kindergarten through sixth grade and secondary that is seventh through 12th grade) educational institutions that are predominantly funded through enrollment and tuition fees from students and of course from other private sources.

Recent reports released by IBISWORLD shows that the revenue for the Private Schools industry is expected to increase, as the economy continues to recover. The indicated that during the five years to 2016, enrollment decreased, which was a trend attributable to rising costs and competition from charter schools.

However, going forward, in the next five years, household income is anticipated to increase, making it easier for families to afford private-school tuition. Additionally, enrollment declines will lesson, resulting in more stable demand for private schools

In the United States of America and of course in most countries of the world, The Private Schools industry is indeed a large and thriving industry. Statistics has it that The Private Schools industry in the United States of America, is worth $52 billion, with an estimated growth rate of 0.1 percent.

There are about 25,742 registered and licensed (accredited) Private schools scattered all around the United States of America and they are responsible for employing about 644,320 people.

Aside from Catholic schools, which is the second largest sector after government schools, with around 21 percent of secondary enrollments, no other private school can boast of dominating the market; every player in the industry can comfortably compete in the industry.

It is important to state that the barriers to entry into the Private Schools industry are high. As a matter of fact, the private school industry is an industry in which it is pretty difficult for new entrants to establish themselves. So also, the reputation of the private school is of utmost importance, as private schools that have a good history of getting students into prestigious colleges often have the best reputations hence good enrollments.

With this, it is obvious that a new entrant into the private school industry cannot offer this. Reputation indeed is imperative to parents’ decisions when shopping for private school for their wards. This is so because the quality of education cannot be assessed until well after it is complete.

As a major marketing tool, schools need to show parents a track record of admission to elite colleges and universities. Even though this might seem like a saturated industry, the industry is still pretty much open for aspiring school proprietors and proprietress to still come in and compete.

As a matter of fact, if you conduct your research and feasibility studies very well before starting your own private school couple with impressive profile of your faculty members, you are likely going to struggle less to make headway in the industry.

2. Executive Summary

Rolland Gyros International Private School is an international private school that will be located in a well – populated residential estate in Ashville – North Carolina, United States of America.

We are a standard private school that is composed of primary (kindergarten through sixth grade) and secondary (seventh through 12th grade) educational institution that will be predominantly funded through tuition fees and levies from students and of course from other private sources.

Rolland Gyros International Private School is a client-focused and result driven private school that provides broad-based learning approaches and experience at an affordable fee that won’t in any way put a hole in the pockets of our clients (students and parents alike).

We will offer standard and professional teaching services in a highly secured and conducive learning environment to all our students that is primary (kindergarten through sixth grade) and secondary (seventh through 12th grade). We will ensure that we work hard to meet and surpass all our students’ expectations and educational goals whenever they enroll in our tutorial college.

At Rolland Gyros International Private School, our students’ overall best interest would always come first, and everything we do is guided by our values and professional ethics. We will ensure that we hire professional educationist cum teachers in various subjects who are well experienced and passionate in imparting knowledge to students at various learning ladder.

Rolland Gyros International Private School will at all time demonstrate her commitment to sustainability, both individually and as an educational organization, by actively participating in our communities and integrating sustainable business practices wherever possible.

We will ensure that we hold ourselves accountable to the highest standards by meeting our students’ needs precisely and completely. We will cultivate a working environment that provides a human, sustainable approach to earning a living, and living in our world, for our partners, employees and for our students.

We have plans to offer learning platforms to people with both learning disability and physical disability (especially the blind, the dumb and the deaf).

Our overall business goal is to position our private school to become the leading tutorial brand in the educational industry in the whole of Ashville – North Carolina, and also to be amongst the top 30 private schools in the United States of America within the first 12 years of operations.

This might look too tall a dream but we are optimistic that this will surely come to pass because we have done our research and feasibility studies and we are enthusiastic and confident that Ashville is the right place to launch our private school.

Rolland Gyros International Private School is founded by Dr. (Mrs.) Irene Rolland Gyros and family. She is an educationist per excellence and she has won many awards in the education sector in the United States.

Dr. (Mrs.) Irene Rolland Gyros has both the academic qualifications and experience to run a private school that can favorably compete with other leading private schools not only in Ashville – North Carolina, but also throughout the United States and Canada.

3. Our Products and Services

Rolland Gyros International Private School is going to offer varieties of educational services within the scope of the education board in the United States of America.

Our intention of starting our private school is to soundly educate people in various subjects and of course to make profits from the education cum private schools industry and we will do all that is permitted by the law in the US to achieve our aim and business goal. Our service offerings are listed below;

• Teaching basic literacy and numeracy
• Establishing foundations in science, mathematics, geography, history and other social sciences
• Constantly working hard to meet regulatory accreditation standards
• Administering private funding efforts
• Providing access to extracurricular activities
• Retailing of Educational Books and Materials

4. Our Mission and Vision Statement

• Our vision is to build a highly competitive private school that will become the number one choice for both parents and students in the whole of Ashville – North Carolina.
• Our vision reflects our values: integrity, service, excellence and teamwork.
• Our mission is to provide professional and conducive learning environment to students at different level of learning.
• Our overall business goal is to position Rolland Gyros International Private School to become the leading private school brand in the educational cum private school industry in the whole of Ashville – North Carolina, and also to be amongst the top 30 private schools in the United States of America within the first 12 years of operations.

Our Business Structure

It is a known fact that, the success of any business is to a larger extent dependent on the business structure of the organization and the people who occupy the available roles in the organization. Rolland Gyros International Private School will build a solid business structure that can support the growth of our private school.

We will ensure that we hire competent hands (teaching and non – teaching staff members) to help us build the private school of our dream.

The fact that we want to become one of the leading private school brand in the industry in the whole of the United States of America makes it highly necessary for our organization to deliberately build a well – structured business from the onset.

We will work hard to ensure that we only attract people with the right mindset to help us achieve our business goals and objectives in record time. Below is the business structure that we will build Rolland Gyros International Private School;

• Head of The Private School(School Proprietress)

School Administrator

Tutors for Various Subjects – Secondary (seventh through 12th grade)

Tutors for Various Subjects – Primary (kindergarten through sixth grade)

• Accountant / Bursar
• Client Service Executive / Front Desk Officer

Security Officers

5. Job Roles and Responsibilities

Head of the Tutorial College / School Coordinator:

• Responsible for providing direction for the college
• Creates, communicates, and implements the organization’s vision, mission, and overall direction – i.e. leading the development and implementation of the overall organization’s strategy.
• Responsible for handling high profile clients and deals
• Responsible for fixing fees and signing business deals (partnership)
• Responsible for signing checks and documents on behalf of the tutorial college
• Coordinates all arms of the tutorial school (tutorial center, adult education, home tutors and special education)
• Evaluates the success of the tutorial college
• Reports to the board of the tutorial college
• Responsible for overseeing the smooth running of HR and administrative tasks for the tutorial school
• Designs job descriptions with KPI to drive performance management for tutors (teachers)
• Regularly hold meetings with key stakeholders (parents and member of the school board) to review the effectiveness of the schools’ Policies, Procedures and Processes
• Maintains office supplies by checking stocks; placing and expediting orders; evaluating new products.
• Ensures operation of equipment by completing preventive maintenance requirements; calling for repairs.
• Defines job positions for recruitment and managing interviewing process
• Carries out staff induction for new team members
• Responsible for training, evaluation and assessment of employees
• Responsible for arranging travel, meetings and appointments
• Updates job knowledge by participating in educational opportunities; reading professional publications; maintaining personal networks; participating in professional organizations.
• Oversees the smooth running of the daily activities of the private school.
• Effectively teach subject / subjects as assigned by the school administrator
• Accesses the progress of students under their care
• Ensures that students abide by the rules and regulations of the private school
• Contributes his / her quota towards growing the private school
• Receives complaints from parents and channel it to the appropriate quarters
• Handle any other duty as assigned by the school administrator.
• Ensure that students abide by the rules and regulations of the school administrator
• Handles any other duty as assigned by the school administrator.

Marketing Executive

• Identifies, prioritizes, and reaches out to new students, and business opportunities et al
• Identifies development opportunities; follows up on development leads and contacts; participates in the structuring and financing of projects; assures the completion of development projects.
• Writes winning proposal documents, negotiate fees and rates in line with organizations’ policy
• Responsible for handling business research, market surveys and feasibility studies for clients
• Responsible for supervising implementation, advocate for the customer’s needs, and communicate with clients
• Develops, executes and evaluates new plans for expanding increase sales
• Documents all customer contact and information
• Represents the company in strategic meetings
• Helps to increase sales and growth for the school

School Bursar (Accountant)

• Responsible for preparing financial reports, budgets, and financial statements for the organization
• Provides managements with financial analyses, development budgets, and accounting reports; analyzes financial feasibility for the most complex proposed projects; conducts market research to forecast trends and business conditions.
• Responsible for financial forecasting and risks analysis.
• Performs cash management, general ledger accounting, and financial reporting for one or more properties.
• Responsible for developing and managing financial systems and policies
• Responsible for administering payrolls
• Ensures compliance with taxation legislation
• Handles all financial transactions for Rolland Gyros International Private School
• Serves as internal auditor for Rolland Gyros International Private School

Client Service Executive

• Welcomes / receive parents and students by greeting them in person or on the telephone; answering or directing inquiries.
• Ensures that all contacts with parents and students (e-mail, walk-In center, SMS or phone) provides the parents and students with a personalized customer service experience of the highest level
• Through interaction with parents and students on the phone, uses every opportunity to build parent’s interest in the schools’ products and services
• Manages administrative duties assigned by the HR and Admin Manager in an effective and timely manner
• Consistently stays abreast of any new information on the organizations’ products, promotional campaigns etc. to ensure accurate and helpful information is supplied to parents and students when they make enquiries
• Receives parcels / documents for Rolland Gyros International Private School
• Distribute mails in the organization
• Handles any other duties as assigned by the School Administrator.
• Responsible for cleaning the school facility at all times
• Ensures that toiletries and supplies don’t run out of stock
• Cleans both the interior and exterior of the schools facility
• Handles any other duty as assigned by the school administrator
• Ensures that the school facility is secured at all time
• Controls traffic and organize parking
• Gives security tips to staff members from time to time
• Patrols around the building on a 24 hours basis
• Submits security reports weekly
• Any other duty as assigned by the school administrator

6. SWOT Analysis

Rolland Gyros International Private School engaged the services of a core professional in the area of business consulting and structuring with bias in the education sector to assist us in building a well – structured private school that can favorably compete in the highly competitive education cum private schools industry in the United States.

Part of what the team of business consultant did was to work with the management of our organization in conducting a SWOT analysis for Rolland Gyros International Private School. Here is a summary from the result of the SWOT analysis that was conducted on behalf of Rolland Gyros International Private School;

As a private school, our core strength lies in the power of our team; our workforce. We have a team with excellent qualifications and experience in the educational sector. We are well positioned in a community with the right demography and we know we will attract loads of students from the first day we open our doors and welcome students for enrollment.

As a new private school in Ashville – North Carolina, it might take some time for our organization to break into the market and gain acceptance via reputation in the already saturated education cum private schools industry; that is perhaps our major weakness.

• Opportunities:

The opportunities in the education cum private schools industry is massive considering the number of parents who would want their wards to perform excellently well in their education and go ahead to be admitted in Ivy league colleges.

As a standard and international private school, Rolland Gyros International Private School is ready to take advantage of any opportunity that comes her way.

Every business faces a threat or challenge at any part of the life cycle of the business. These threats can be external or internal. This shows the importance of a business plan, because most threats or challenges are to be anticipated and plans put in place to cushion what effect they might bring to the private school.

Some of the threats that we are likely going to face as a private school operating in the United States of America are unfavorable government policies that might affect private schools, the arrival of a competitor within our location of operations and global economic downturn which usually affects spending / purchasing power.

There is hardly anything we can do as regards these threats other than to be optimistic that things will continue to work for our good.

7. MARKET ANALYSIS

• Market Trends

The trend in the private school line of business is that the key to attracting students is the educational performance and the pass rate of their students in national exams.

Any private school that has good records will always thrive. The demand for private schools is driven by the fact that most public cum government owned schools cannot accommodate every students or potential students in a given geographical location.

In some cases, students with special needs cannot cope in public schools hence the need for private schools. The economic downturn hasn’t really affected this industry, especially in countries that believe in the efficacy of education.

The areas you would need to spend heavily on is in ensuring that your school is up to standard, your advertisements, and on insurance policy cover. Lastly, it is trendier to find private schools engaging in extra – curricular activities and as a matter of fact, a private school that thrives in sports can leverage on that to attract students who are sports inclined.

8. Our Target Market

As a standard and international private school, Rolland Gyros International Private School is going to offer varieties of educational services within the scope of the education board in the United States of America. Our intention of starting our private school is to soundly educate people in various subjects and of course to make profits from the education cum private schools industry

Our target market as a private school cuts across people (students) of different class and people from different culture background whether African, White, Caucasian, Latinos, Indians, and Asians. We are coming into the education cum private schools industry with a business concept that will enable us work with the students at different learning stages residing in and around Ashville – North Carolina.

Our competitive advantage

Indeed the private schools industry is highly competitive and the entry barriers are high. As a matter of fact, the private school industry is an industry in which it is pretty difficult for new entrants to establish themselves. So also, the reputation of the private school is of utmost importance, as private schools that have a good history of getting students into prestigious colleges often have the best reputations hence good enrollments.

As a major marketing tool, schools need to show parents a track record of admission to elite colleges and universities. We are quite aware that to be highly competitive in the education cum private schools industry means that you should be able to deliver consistent quality service, your students should be able to experience remarkable difference and improvement and you should be able to meet the expectations of both students and parents alike.

Rolland Gyros International Private School might be a new entrant into the education cum private schools industry in the United States of America, but the management staffs and owners of the private school are considered gurus. They are people who are core professionals, licensed and highly qualified educationist / teachers at various levels of learning in the United States. These are part of what will count as a competitive advantage for us.

Lastly, our employees (teaching and non – teaching staff members) will be well taken care of, and their welfare package will be among the best within our category (startups private school in the United States) in the industry meaning that they will be more than willing to build the business with us and help deliver our set goals and achieve all our business aims and objectives.

9. SALES AND MARKETING STRATEGY

• Sources of Income

Rolland Gyros International Private School is established with the aim of maximizing profits in the education cum private schools industry and we are going to go all the way to ensure that we do all it takes to attract students on a regular basis. Rolland Gyros International Private School will generate income by offering the following tutorial services;

• Teaching High school students various subjects in our private school

10. Sales Forecast

One thing is certain, there would always be parents and students who would need the services of private schools to be able to achieve their educational goals and as such the services of private schools will always be needed.

We are well positioned to take on the available market in Ashville – North Carolina and we are quite optimistic that we will meet our set target of generating enough income / profits from the first six month of operations and grow the private school and our student base.

We have been able to critically examine the private schools cum education market in the United States of America and we have analyzed our chances in the industry and we have been able to come up with the following sales forecast.

The sales projection is based on information gathered on the field and some assumptions that are peculiar to similar startups in Ashville – North Carolina. Below is the sales projection for Rolland Gyros International Private School, it is based on the location of our tutorial center and of course the wide range of tutorial services that we will be offering;

• First Fiscal Year-: $250,000
• Second Fiscal Year-: $450,000
• Third Fiscal Year-: $750,000

N.B : This projection is done based on what is obtainable in the industry and with the assumption that there won’t be any major economic meltdown and natural disasters within the period stated above. So, there won’t be any major competitor (private school) offering same additional services as we do within same location. Please note that the above projection might be lower and at the same time it might be higher.

• Marketing Strategy and Sales Strategy

We are mindful of the fact that there is stiffer competition amongst private schools in the United States of America; hence we have been able to hire some of the best marketing experts to handle our sales and marketing concerns. Our sales and marketing team will be recruited base on their vast experience in the industry and they will be trained on a regular basis so as to be well equipped to meet their targets and the overall goal of the private school.

We will also ensure that our students’ excellent results from national exams and other exams speaks for us in the marketplace; we want to build a standard and first – class private school that will leverage on word of mouth advertisement from satisfied clients (both individuals and corporate organizations).

Our goal is to grow our private school to become one of the top 30 private schools in the United States of America which is why we have mapped out strategy that will help us take advantage of the available market and grow to become a major force to reckon with not only in Ashville – North Carolina but also in other cities in the United States of America.

Rolland Gyros International Private School is set to make use of the following marketing and sales strategies to attract clients;

• Introduce our private school by sending introductory letters alongside our brochure to schools, parents / household and key stake holders in Ashville – North Carolina.
• Print out fliers and business cards and strategically drop them in schools, libraries and even student organizations.
• Creating a website, allows parents to be able to look you up, and also allows you to post general study tips, giving you an added advantage.
• Use friends and family to spread word about our private school
• Introduce Rolland Gyros International Private School to learning specialists, school coaches, school administrators, teachers, guidance counselors especially as they are with students everyday
• Post information about Rolland Gyros International Private School on bulletin boards in places like schools, libraries, and local coffee shops.
• Placing a small or classified advertisement in the newspaper, or local publication about Rolland Gyros International Private School
• Using tutorial referral networks such as agencies that will help match students with Rolland Gyros International Private School
• Joining relevant association or body that will enable you network and meet others in same industry.
• Advertising online by using an advertising platform such as Google Adwords, that will allow us place text advertisements alongside on websites with related contents, and along results from search engines.
• Advertise our private school in relevant educational magazines, newspapers, TV stations, and radio station.
• Attend relevant educational expos, seminars, and business fairs et al
• Engage direct marketing approach
• Encourage word of mouth marketing from loyal and satisfied clients

11. Publicity and Advertising Strategy

We are aware of the potency of a good publicity strategy hence we have been able to work with our brand and publicity consultants to help us map out publicity and advertising strategies that will help us walk our way into the heart of our target market.

We are set to become the number one choice for both parents and students in the whole of Ashville – North Carolina which is why we have made provisions for effective publicity and advertisement of our private school. Below are the platforms we intend to leverage on to promote and advertise Rolland Gyros International Private School;

• Place adverts on both print (community based newspapers and magazines) and electronic media platforms
• Sponsor relevant community based events / programs
• Leverage on the internet and social media platforms like; Instagram, Facebook , twitter, YouTube, Google + et al to promote our brand
• Install our Bill Boards on strategic locations all around Ashville – North Carolina.
• Engage in road show from time to time in targeted neighborhoods in and around Ashville – North Carolina
• Distribute our fliers and handbills in target areas in and around Ashville – North Carolina
• Passing general information via our school’s social media handles like twitter, Facebook, Google hangouts etc.
• Ensure that all our teaching and non – teaching staff members wear our branded shirts and all our vehicles are well branded with our schools’ logo et al.

12. Our Pricing Strategy

Private schools in the United States of America and of course in all the parts of the world charge students per tem / per session and students have the options of either paying their tuitions before resumption or during the school session.

Private schools generally charge students based on loads of factors, locations, services offerings and extra – curricular activities et al At Rolland Gyros International Private School we will keep our fees below the average market rate for all of our students by keeping our overhead low and by collecting payment in advance.

In addition, we will also offer special discounted rates to all our students at regular intervals. We are aware that there are some students that would need special assistance, we will offer flat rate for such services that will be tailored to take care of such students’ needs.

• Payment Options

At Rolland Gyros International Private School, our payment policy will be all inclusive because we are quite aware that different people prefer different payment options as it suits them. Here are the payment options that we will make available to our clients;

• Payment by via bank transfer
• Payment via online bank transfer
• Payment via check
• Payment via bank draft
• Payment via mobile money
• Payment with cash

In view of the above, we have chosen banking platforms that will help us achieve our plans with little or no itches.

13. Startup Expenditure (Budget)

In setting up a private school business, the amount or cost will depend on the approach and scale you want to undertake.

If you intend to go big by acquiring a large facility, then you would need a higher amount of capital as you would need to ensure that your employees are taken care of, and that your private school’s environment is conducive enough for the students to learn.

This means that the start-up can either be low or high depending on your goals, vision and aspirations for your business. The materials and equipment that will be used are nearly the same cost everywhere, and any difference in prices would be minimal and can be overlooked.

As for the detailed cost analysis for starting a private school business; it might differ in other countries due to the value of their money. However, this is what it would cost us to start Rolland Gyros International Private School in the United of America;

• Business incorporation fees in the United States of America will cost – $750.
• The budget for Liability insurance, permits and license will cost – $3,500
• Acquiring a large facility that will accommodate the number of block of closes, playing field, staff offices and parking lots et al (Re – Construction of the facility inclusive) will cost – $350,000.
• Equipping the classes and office (computers, printers, projectors, markers, pens and pencils, furniture, telephones, filing cabinets, and electronics) will cost – $50,000
• Launching an official Website will cost – $500
• The budget for the payment of salaries for the first three months of operations: $120,000
• Additional Expenditure such as Business cards, Signage, Adverts and Promotions will cost – $15,000

Going by the market survey and feasibility studies conducted, we came to the conclusion that we will need an average of $750,000 to start a small scale but standard private school in the United States of America.

Generating Funding / Startup Capital for Rolland Gyros International Private School

Rolland Gyros International Private School is a family business that will be owned and managed by Dr. (Mrs.) Irene Rolland Gyros and her immediate family.

They are the sole financial of the private school which is why they decided to restrict the sourcing of the start – up capital for the private school to just three major sources. These are the areas we intend generating our start – up capital;

• Generate part of the start – up capital from personal savings and sale of his stocks
• Generate part of the start – up capital from friends and other extended family members
• Generate a larger chunk of the startup capital from the bank (loan facility).

N.B: We have been able to generate about $250,000 (Personal savings $200,000 and soft loan from family members $50,000 ) and we are at the final stages of obtaining a loan facility of $500,000 from our bank. All the papers and document has been duly signed and submitted, the loan has been approved and any moment from now our account will be credited.

14. Sustainability and Expansion Strategy

It is a known fact that the future of any business lies in the numbers of loyal customers that they have, the capacity and competence of the employees, their investment strategy and of course the business structure. If all of these factors are missing from a business (company), then it won’t be too long before the business close shop.

One of our major goals of starting Rolland Gyros International Private School is to build a business that will survive off its own cash flow without the need for injecting finance from external sources once the business is officially running.

We know that one of the ways of gaining approval and winning customers (students and parents alike) over is to ensure that we offer nothing less than the best, to offer quality education to all our students so much so that they can favorably compete with students all over the United States and gain admission to Ivy League colleges.

Rolland Gyros International Private School will make sure that the right foundation, structures and processes are put in place to ensure that our staff welfare are well taken of. Our company’s corporate culture is designed to drive our business to greater heights and training and retraining of our workforce is at the top burner of our business strategy.

As a matter of fact, profit-sharing arrangement will be made available to all our management staff and it will be based on their performance for a period of three years or more as determined by the board of the organization. We know that if that is put in place, we will be able to successfully hire and retain the best hands we can get in the industry; they will be more committed to help us build the business of our dreams.

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331 Swiss International passengers get stranded 20 hours in Kazakhstan after plane goes off runway

Swiss international air lines flight makes 'stopover,' gets stuck during attempted takeoff.

Lufthansa Airlines Boeing 747 seen bouncing off LAX runway

Lufthansa Airlines Boeing 747 makes hard, bouncing landing at Los Angeles airport on Tuesday, video shows. Courtesy: Airline Videos Live via YouTube

Hundreds of air passengers had to wait nearly a day to carry on with their travels after their plane got stuck in the mud attempting to take off after a "stopover" in Kazakhstan on Saturday.

Swiss International Air Lines Flight 161's intended travel route was from Tokyo to Zurich. Instead, it stopped at Astana International Airport due to a medical incident, the airline confirmed to FOX Business.  

"The passenger concerned was handed over to medical personnel on site," Swiss International Air Lines said in a statement.

When the Boeing 777 prepared to take off again, Astana's taxiway was closed, which meant the pilots had to try to turn the plane around 180 degrees while still on the runway. 

LUFTHANSA CONFIRMS 'ROUGH LANDING' BY BOEING 'TRAINING FLIGHT' CAUGHT ON CAMERA BOUNCING OFF LAX RUNWAY

A Swiss International Air Lines Boeing 777-300ER arrives at Los Angeles International Airport at the start of the Labor Day holiday on Aug. 31, 2023, in Los Angeles, California. (AaronP/Bauer-Griffin/GC Images / Getty Images)

"The aircraft's nose wheel got caught in the grass," according to one user on X. Post pictures show the plane stuck in mud. It was towed back onto the runway before being checked for any damage.

As for the passengers, Austrian Airlines stepped in to help its "sister airline," the company confirmed to FOX Business.  "Austrian Airlines sent a Boeing 777-200 aircraft to the Kazakh capital Astana to transport the passengers of SWISS to Vienna," a statement reads. The 331 passengers took off 20 hours after their first plane landed in Kazakhstan. 

After that, Swiss International Air Lines dispatched another 777 to take them from Vienna to Zurich. 

Both Austrian and Swiss International Air Lines are part of Lufthansa group. 

SWISS AIR FLIGHT TAKEOFF FROM NYC TO ZURICH ABORTED AFTER 4 JETS CLEARED TO CROSS RUNWAY: REPORT

Swiss Air Boeing 777 at Los Angeles International Airport on June 18, 2017, in Los Angeles, California. (FG/Bauer-Griffin/GC Images / Getty Images)

"We thank all our passengers for their understanding and patience in this exceptional and unforeseen situation," Swiss told Business Insider. "We apologize once again for any inconvenience caused. A big thank you also goes to all the employees involved for their tireless and outstanding efforts."

No passengers were injured, and the plane that got stuck was cleared to return to flying after being checked out by airline technical specialists in consultation with Boeing, local and Swiss authorities. A new Swiss International Air Lines crew will transfer the aircraft to Zurich as soon as possible, the airline said.  

In this photo illustration, the Swiss International Air Lines logo is displayed on a smartphone screen.  (Rafael Henrique/SOPA Images/LightRocket via Getty Images / Getty Images)

Back in April, a Lufthansa flight from Frankfurt to Los Angeles had a "rough landing" at Los Angeles International Airport. 

The Boeing 747-8 was caught on camera by LA-based Airline Videos Live, bouncing off the runway and attempting to land again before taking off, circling around the airport and then finally landing safely after its second attempt. 

Days prior, a Swiss International Air Lines flight traveling from New York City to Zurich had to abort takeoff, averting a "potentially dangerous situation," the airline confirmed.

Flight LX17 from John F. Kennedy Airport left the gate at 4:21 p.m. April 17, according to FlightAware. The aircraft was cleared for takeoff at the same time an air traffic controller on another frequency cleared four other jets to cross the runway, according to audio obtained by NPR. 

CLICK HERE TO READ MORE ON FOX BUSINESS  

"Due to the high level of situational awareness and quick reaction of our crew, a potentially dangerous situation was quickly de-escalated," Swiss International Air Lines said in a statement to FOX Business.

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Tom Brady on the Art of Leading Teammates

• Nitin Nohria

When our society talks about leaders, we focus on formal roles, such as the CEO. This view undervalues the role of informal leaders—team members who influence outcomes by the tone they set, how they conduct themselves, and how they interact with their peers. Their job title doesn’t include the word “manager,” but they play an outsize role in how teams perform.

In this article, NFL great Tom Brady and Nitin Nohria, of Harvard Business School, present a set of principles that people in any realm can apply to help teams successfully work together toward common goals.

The NFL great explains how he motivated himself and fellow players.

When our society talks about success, we tend to focus on individual success. We obsess about who is the “greatest of all time,” who is most responsible for a win, or what players or coaches a team might add next season to become even better.

• Tom Brady achieved great success in his 23-year NFL career, winning seven world championships. He is also an entrepreneur, a New York Times best-selling author, and a business adviser.
• Nitin Nohria is the George F. Baker Jr. and Distinguished Service University Professor. He served as the 10th dean of Harvard Business School, from 2010 to 2020.

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A doctor who says he's reversed his age by 20 years eats these 7 foods every week to boost his longevity

• Dr. Michael Roizen is an expert in longevity and uses scientific research to shape his lifestyle.
• He shared the foods he added to his diet that are linked to a longer lifespan.
• These include dark chocolate, salmon, olive oil, and avocados.

A doctor who claims to have reversed his age by 20 years shared the foods he eats weekly in a bid to boost his longevity.

Dr. Michael Roizen , the chief wellness officer at Cleveland Clinic who has written books on longevity, is 78 years old but told Business Insider he had a " biological age " of 57.6. (It's important to note that there's no consensus on what constitutes biological age or how to measure it.)

He said that while genes play a part in life expectancy , "the most important thing people have got to understand is that they get to control how long and how well they live."

"You control your genes," he said, referring to epigenetics , or how lifestyle factors can influence whether genes are turned on or off.

"Your choices matter," he added.

For example, a 2023 study published in the journal Nature found that people who switched to a healthy, longevity-associated diet long term were more likely to live over a decade longer. The researchers said this was likely because the participants ate more whole grains, nuts, and fruit, and cut down on sugary drinks and processed meats .

Roizen said that even the smallest additions to a person's diet could have a positive effect on their health. He shared the seven foods he eats each week.

Related stories

Roizen has a tablespoon of olive oil every day, he said. A 2022 study published in the Journal of the American College of Cardiology found that people who consumed more than half a tablespoon of olive oil a day had a 19% lower risk of dying from cardiovascular disease , a 17% lower risk of dying from cancer, and a 29% lower risk of dying from a neurodegenerative disease. Plus, replacing margarine, butter, mayonnaise, and dairy fats with olive oil appeared to lower the risk of dying by up to 34%.

The authors suggested that this could be because of olive oil's anti-inflammatory and  antioxidant properties  or because people who consumed more olive oil also tended to be more active, were less likely to smoke, and ate more fruits and vegetables.

Salmon and trout

Eating fish once or twice a week was linked to a lower risk of dying from any cause in one 2022 study published in the European Journal of Nutrition. A 2018 study by researchers at China's Zhejiang University School of Medicine and the US's National Cancer Institute had similar results. It found that participants who ate at least 227 grams of fish a week, per the 2015-20 Dietary Guidelines for Americans, had a 10% lower risk of dying from cardiovascular disease, cancer, or Alzheimer's disease.

The current US dietary guidelines recommend people eat fish like salmon and trout because they are high in vitamin D, omega-3 fatty acids — which are important for heart health, providing energy, and building cells — and low in methylmercury, a toxic heavy metal found in fish.

Dark chocolate

With dark chocolate, it's not hard to eat "a little bit every day," as Roizen recommended.

Dark chocolate has been linked to lower blood pressure, lower cholesterol, and a reduced risk of heart disease, BI previously reported.

Dr. Florence Comite, an endocrinologist and precision-medicine specialist, previously told BI that she counted her daily square of dark chocolate as a supplement because of the antioxidants it contains.

Like Comite with dark chocolate, Roizen sees mushrooms as a supplement and eats them at least five times a week.

"One of my favorite lunches is the MLT," he said. "Instead of a BLT (bacon, lettuce, and tomato), you have a mushroom, lettuce, and tomato, which is absolutely healthy and tastes magnificent."

Mushrooms contain ergothioneine, which researchers from Pennsylvania State University dubbed a "longevity vitamin" because of its antioxidant and anti-inflammatory effects. A 2020 study by researchers from Lund University in Sweden linked ergothioneine to a lower risk for coronary-artery disease and cardiometabolic disease for the same reasons.

A 2023 study published in the Journal of the American Heart Association found associations between eating two servings of avocado a week and a lower risk of coronary heart disease and cardiovascular disease. Avocados contain monounsaturated and polyunsaturated fats, which can help prevent cardiovascular disease.

Cardiovascular disease is the No. 1 cause of death and disability worldwide, according to the Centers for Disease Control and Prevention.

Cauliflower

Roizen makes a "cauliflower creamer" by blending the vegetable with olive oil and using it as a spread.

Researchers wrote in a 2021 review of studies published in Frontiers in Pharmacology that cruciferous vegetables, including cauliflower, had been linked to lower cancer risk and the prevention and treatment of other chronic diseases, such as cardiometabolic disorders, Alzheimer's disease, depression, and musculoskeletal disorders.

Correction: August 15, 2024 — An earlier version of this story misstated the year a study was published. The study on avocados in the Journal of the American Heart Association was published in 2022, not 2023.

Watch: How 3 million gallons of olive oil are produced per year in Spain during crippling droughts

• Main content

The Role of a Global MBA in International Consulting

Global consulting is increasingly being shaped by advances in data analytics, artificial intelligence, and agile methodologies. The sector demands professionals with the advanced skills and knowledge to navigate its complexities. In this evolving landscape , a Global MBA can equip aspiring consultants for significant career transitions by providing cutting-edge insights into international business trends and developing a 360-degree business perspective.

At EDHEC Business School, strategic insight and analytical skills are developed via a powerful mix of action learning, events such as the 2024 Hackathon , and real-world projects for clients. In addition, throughout the Global MBA programme participants have a unique opportunity to enhance their cultural awareness, preparing them to face the challenges ahead with the confidence and credibility they will need for success in the exciting yet competitive field of international consultancy.

The Evolution of Global Consulting

By expertly leveraging evolving technologies consultants can offer precise, data-driven insights and adaptive solutions to their clients. However, these trends also bring challenges, such as the constant need to update technical skills and the complexity of integrating new technologies into existing frameworks.

Rapid advances underscore the need for continuous learning and adaptation. To succeed as a consultant, you must not only stay abreast of the latest technological developments but also understand how to apply these innovations effectively across diverse industries and cultural contexts.

The ongoing education that a Global MBA can offer equips you with the agile mindset and data-driven insights they need to deliver results that clients and employers demand.

What Strategic Skills Do Top Consultants Offer Clients?

Strategic thinking, advanced analytical skills, and agile cross-cultural communication are prerequisites for success in global consultancy. Strategic thinking is the cornerstone of crafting long-term solutions for complex business challenges. Advanced analytical skills are crucial to interpret large data sets and turn raw information into actionable insights. However, the effectiveness of the first two often hinges on clear communication, and the ability to influence and lead in diverse cultural contexts comes into play.

By mastering these competencies, aspiring consultants equip themselves to offer tailored, high-value solutions that meet the needs of global clients. Combining hands-on learning, opportunities to work on real-world consultancy projects, and offering unrivalled opportunities to hone cross-cultural awareness, a Global MBA is one of the most effective ways to develop such advanced skills.

How a Global MBA enhances career opportunities in international consultancy

Executive education can offer a significant competitive edge in the job market by equipping you with the skills and mindset that demonstrate your value as a transformative leader, to clients and potential employers.

EDHEC’s Global MBA programme prepares you for a career in global consultancy via a meticulously designed curriculum. The six-month Business Fundamentals modules cover essential areas such as Strategy, Innovation & Management, Finance, Analytics & Risk, and Personal & Organisational Leadership, ensuring you can apply relevant frameworks and ask questions that lead to informed and confident decision-making.

To personalise your learning, you will follow a one-month specialisation track. The choice of International Finance, Global Leadership, Entrepreneurship, or Digital Innovation, will depend on your specific area of interest.

Additionally, the one-month electives phase allows you to choose from topics including Macroeconomics, Sales & Business Development, Data Visualisation, Strategic Foresight, and Agile Thinking, to further align your learning with your professional goals.

Throughout the programme the emphasis is on the practical application of the skills and insights, post-graduation. This is why the MBA Project   in the final two months, marks the culmination of your academic journey. It offers a hands-on opportunity to apply your understanding of the core concepts and specialised subjects in real-world scenarios.

The favoured option is for aspiring consultants to collaborate with a team on a project for industry clients. Working alongside peers with diverse backgrounds, you’ll address specific challenges faced by prominent organisations across sectors. This collaborative effort fosters innovation and prepares you for the career opportunities after an MBA specialised in international business.

Throughout the process, you’ll receive guidance and support from our renowned faculty, ensuring a rewarding experience that will transform your perspective and career prospects.

And to ensure you leverage career opportunities after an MBA specialised in international business, EDHEC's personal and career development programme, Lead 360 , ensures you'll be confident and ready to take the next step. Individual coaching sessions, personalised workshops, and career guidance from experts in consulting, entrepreneurship, finance, technology, or marketing all support your post-MBA career ambitions.

The effectiveness of Lead 360 is evident, with 92 of the most recent cohort employed within three months of graduation

Transform your career with EDHEC Business School’s Global MBA

Whether you are considering a transition into international consulting, or want to take your consulting career to new heights and reach your full potential, the triple-accredited and top-ranked EDHEC Global MBA is an intensive and highly personalised 10-month programme that provides you with the 360°business vision and agile skills needed to thrive as a consultant in a global context.

If you’re ready to transform your future, build an international business network, and develop your consultancy and leadership skills - it’s time to drive the change your career and our world need!

DISCOVER THE GLOBAL MBA PROGRAMME

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Four-year Plan

International business major sample plan.

The APAS is the official method for tracking the completion of your specific degree requirements. Please be aware that there are multiple ways for students to progress through this major. This is just one sample. Students should work with their advisor to develop their individual plan.

Italic: course pre-requisites and co-requisites (designated by &)

Bold : Liberal Ed requirement

Freshman Year

Fall Semester

• Econ 1165 Business Economics ( Soc Sci ) (4cr)
• BA 2551 Business Statistics in R ( Math ) (4cr)
• BA 1011 Leading Self & Teams (2cr)
• BA 1021 Design Your Life (1cr)
• Language (5cr)

Spring Semester

• Acct 2051 Financial Reporting (4cr)
• BA 2051 Solving Business Scenarios in Excel (2cr)
• BA 2062 Powerful Problem Solving (2cr)
• Writ 1301 First Year Writing (4cr)

Sophomore Year

Maroon Block I-Core

• Mktg 3001 Principles of Marketing (3cr)
• IDSc 3001 Information Systems & Digital Transformation (3cr)
• BA 3001 Race, Power, & Justice in Business ( RPJ ) (3cr)
• Acct 3001 Strategic Management Accounting (3cr)
• Design Your Career (1cr)
• BA 3051 Data-Driven Business Decisions ( BA 2551 & BA 2051 ) (3cr)

Gold Block I-Core

• Fina 3001 Finance Fundamentals ( Acct 2051 & BA 2551 ) (3cr)
• Mgmt 3004 Strategic Management (3cr)
• SCO 3001 Sustainable Supply Chain Management (3cr)
• HRIR 3021 Human Capital Management (3cr)
• BA 3062 Impact Lab Project ( BA 2062 ) (2cr)

Declare a major:  z.umn.edu/CarlsonDeclare

Junior Year

• BA 3551 Business Analytics ( BA 2551 & BA 2051) (3cr)
• Mgmt 3045 The International Environment of Firms (2cr)
• Primary Major course (4cr)
• BA 2005 Corporate Responsibility & Ethics ( Civ ) (3cr) 

Semester Abroad

• Coursework may include courses toward the IB major, primary major, liberal education, or electives.

Senior Year

• BA 3033W Business Communication (3cr)
• Primary major course (4cr)
• IB Breadth course (3cr)
• IB Foundations course (2cr)
• Mgmt 4505 Senior Seminar in International Business (2cr)
• Liberal Ed (3cr)
• IB Foundations course (3cr)
• IB Depth course (3cr)
• Liberal Ed (4cr)

Total Credits Needed for Degree: 120

Note: Students must complete an international experience as part of the program requirements. Short-term programs or semester-length programs may be used to meet this requirement. Explore your options: z.umn.edu/CarlsonIE

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School Business Plan Templates

Planning on Establishing a Nursery, Kindergarten, Primary School, or a Non-Profit Educational Institution for Underprivileged Students? Then Download Our Sample School Business Plan Templates! They Feature Standard Business Plan Format with Ready-Made Sections Such as an Executive Summary Page and Competition Analysis. Download Anytime for Free Only Here on Template.net!

• School Admission Flyer
• School Agenda
• School Agreement
• School Analysis
• School Assessment
• School Background
• School Banner
• School Billboard
• School Biography
• School Brochure
• School Budget
• School Business Card
• School Business Plan
• School Calendar
• School Card
• School Catalog
• School Certificate
• School Chart
• School Checklist
• School Clipart
• School Contract
• School DL Card
• School Facebook Post
• School FlowChart
• School Flyer
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• School ID Card
• School Illustration
• School Instagram Post
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• School Invitation
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• School Lesson
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• School Letter
• School Letterhead
• School Linkedin Post
• School Logo
• School Magazine Ad
• School Management
• School Marketing
• School Meeting Minutes
• School Memo
• School Menu
• School Newsletter
• School Note
• School Notice
• School Organizational Chart
• School Plan
• School Planner
• School Policy
• School Post
• School Poster
• School Presentation
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• School Proposal
• School Quotation
• School Rack Card
• School Receipt
• School Recommendation Letter
• School Registration
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• School Teacher Resume
• School Timeline
• School Tri-Fold Brochure
• School Vector
• School Voucher
• School Whatsapp Post
• After School Poster
• Driving School
• High School Brochure
• High School Card
• High School CV
• High School Flyer
• High School Lesson Plan
• High School Letter
• High School Plan
• High School Planner
• High School Poster
• Letter of Recommendation for Graduate School

A winning School Business Plan will keep you on track with your objectives. It will guide you on planning for the future because you already outlined your projected activities. For you to organize all your plans, we offer one of the best school business templates. These files are 100% customizable, easily editable, and printable that will help you save time. Make use of professionally written content. Simply modify some details that will suit your needs. Freely download all these in any file format such as Google Docs , Microsoft Word , and Apple Pages .

What Is a School Business Plan?

A school business plan lays all your school business objectives. It determines how the business intends to function and how it will become financially rewarding.

How to Create a School Business Plan

When attempting to attract finance for your school, a business plan template is very crucial. Your prospective investor will be able to read your well-written business plan discussing all their concerns, addressing their tough questions, and persuading them that your vision is good enough to justify financing.

This short guide will present useful tips and easy to follow instructions that will surely help you how to start a business plan. Read carefully and understand each detail.

1. Create an Executive Summary

Your executive summary must be a short review of the entire school business plan. It requires no more than a page or two in length. Here, you explain how your desired project will work. It has to be a clear and concise overview of the content of your proposal and maintain the same outline as the legal document in its entirety. Generally speaking, your executive summary should invite readers to read more. Make sure it is easy to follow and understand.

2. Write a Business Description

Next step, write a business description. Although a lot of schools like private schools have an operational and strategic plan , it is still quite uncommon for a school to create a business plan. In this part, it provides the background information that describes your school's history, needs, and the scope of business actions that your school is planning to develop.

An article reveals that writing a business description is the most crucial and complex thing to do. This part narrates what your business is all about, how it will be run, and why do you think it will be a successful one.

3. Do Market Research

It has been reported that businesses fall short from time to time and their funders end up losing significant amounts of money. It is because they did not fully understand the industry they were running in and had not taken the initiative to conduct strong and intensive market plans and research before building a business. Knowing the market means understanding who are your prospective clients, what are their needs and the like.

The more guided your actions are, the greater the possibility of success for your school businesses.

4. Build Management and Structure

In any company conducting big or small business , management is accountable and responsible for its success and failure. It is essential to operate certain matters. A set of individuals pursuing a shared goal must perform together and they might need to manage their personal intentions to obtain that particular objective. For each individual in a position of accountability and responsibility, you must be detailed in defining their official professional experience, their expertise in a specific functional environment or industry, and a record of their accomplishments throughout their careers.

5. Make a Financial Plan

Financial resources evaluate the situations in which capital is obtained, the use of the capital as well as the scheduled payments and stake in economic activities. A financial report is accounting's entire picture. It essentially sums up the company's financial condition. The specific details are important to the management and other interested parties such as investors, shareholders or owners.

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