janvier27:


Don't ever give up on this dream. You can start small.

olatundes14:
visit fcmb bank,they can help you.there is an arrangement of loan facilitys for such business.try them

Expressions:
Yes o, thanks to you, I'm not only just learning a lot, I'm inspired. I guess I owe you one for that. Here's what I'll do for you: I'll make out time to make more enquiries from one or two persons based on what's on ground, then I'll fill you in.

I have no formal training in the field, you're lucky and I'm glad you have at least been equipped with the technics and methodologies of teaching.

Will keep you posted.

janvier27:
You may also consider buying into an existing school that is up for sale, and rebranding. Rule out the issue of bank loan to start up. No bank would even give that. Also note that how fast you stabilize and grow will depend on how much you have put in. Your first assignments would be the school name, vision/mission, location and registration of name. Figure out what you would do differently. And it's good to know that your motivation is not necessarily the money. Be passionate about making it a success, use qualified and good hands, focus on service at a level higher than usual, keep doing all these, and you'll get there.

Mobi47:

Try Jaiz Islamic Bank in abuja. They are non interest bank i.e u will never pay interest on any loan u recieve frm them. They are even looking for individual like u. But, the profit obtained frm running the business will b shared with them on a certain percentage o, but when u have fully obtained a ground in d business, u can run it on ur own. Just contact their branch in abj nd ask questions. Jst finished reading ur post on starting up a school, on another thread nd here u come again wt an issue of obtaining a loan hmm. U are very serious o. I pray God helps u 2 achieve ur goal.

Mobi47:

Try Jaiz Islamic Bank in abuja. They are non interest bank i.e u will never pay interest on any loan u recieve frm them. They are even looking for individual like u. But, the profit obtained frm running the business will b shared with them on a certain percentage o, but when u have fully obtained a ground in d business, u can run it on ur own. Just contact their branch in abj nd ask questions. Jst finished reading ur post on starting up a school, on another thread nd here u come again wt an issue of obtaining a loan hmm. U are very serious o. I pray God helps u 2 achieve ur goal.

williams20:


CAC is corporate affairs Commission

Expressions:
I'll be back to respond to this. Gotta run along now. Happy Sunday

fixed123:
I think islamic bank

uboma:


The facilities are mainly for existing and thriving businesses.

Expressions:
Wow, that was really starting from the rock bottom.

Kindly, at what point or stage did it become necessary to register the school and then also get government approval? I know it varies with states, but what would be the conditions/standards.... and monetary estimate for the registration and approval?

williams20:



Yes oooo rock bottom as it is fondly called
School registration and state approval is not beans
When you start your school , don't think of the state approval within the first 2_ 3 years , work on your standard and your name , there is no point spending millions on state approval when you don't have customers

Sell the name first , earn your parents confidence and trust , build a great school , not necessarily a building but a solid academic structure
And work on workforce ,

If you have your classrooms , a functional library and equipment with coooooooool cash then walk up to the registration arena but in the mean time you can get the CAC registration for your school , it helps a lot

williams20:


Hmmmmmmmmmmm,
Yes and a No
Yes in the sense that the person might provide funding for the business

No because a school is not a money spinning venture ( at least for the first five years of operation),

uboma:
You didn't state what you need the money for.

Anyway, assuming its for an existing viable business, you can visit Stanbic IBTC Bank Plc. They have collateral free facilities for business men and women.

emusmith:


No. I know people who do. You wanna start a school?

williams20:

Paying staff at the beginning is sacrifice
You have to be ready to bear the loss of staff pay before money starts rolling in

emusmith:


You're welcome

williams20:



The only way to convince parents is to offer service .......
When you offer quality service , parents will pay Premium ....... School business is not a wuruwuru to the answer thing , you have to really do what you say ........ When you offer quality service , you don't have to bother how enrollment would increase ........

emusmith:


Yes. Go to them and ask, they may not share all so observe...

williams20:



Your answers to the following WHY questions are your vision and mission statement
. 1. Why did you decide to start a new school when there are several other schools around you?
2. What will you do better than the average school around you?
3. How will you survive the competition ?
4. How will you convince me as a parent or guardian to register my child/ward in your school?
5. What can you give to make you stand out


Vision statement
1. Where do you hope to be in a few years time
2 . what do you intend to achieve starting your school
3. What help will your school do to the Nigerian child

williams20:



Your answers to the following WHY questions are your vision and mission statement
. 1. Why did you decide to start a new school when there are several other schools around you?
2. What will you do better than the average school around you?
3. How will you survive the competition ?
4. How will you convince me as a parent or guardian to register my child/ward in your school?
5. What can you give to make you stand out


Vision statement
1. Where do you hope to be in a few years time
2 . what do you intend to achieve starting your school
3. What help will your school do to the Nigerian child

williams20:
Run a Google search with my school name,

DEBORAH ADEJOKE MEMORIAL SCHOOL

emusmith:


GO TO ANY SCHOOL AROUND YOU THAT YOU CONSIDER A MODEL AND LEARN!

williams20:


Oww yes ma , by His grace

williams20:
Good evening house
Starting and running a school are two different things .......
Start it as a business person and run it as an administrator , don't be discouraged by the odds but first be convinced you really want to run a school .
You'll need time , commitment , skills , finance and most importantly God's grace to pull through and remember none of us started from the top , we all started from the scratch , the real bottom and we keep going .
Go back to the drawing board and really write down why you think you should run a school
Write out a vision and mission statement then we can continue from there ......
Thanks