Are your School Founders prepared for the challenge? The mechanics of starting a school can be challenging. When a group of founders decide to open a school, they need to make sure that their decision is based on sound data and that they have a reasonable understanding of the costs and strategies needed to successfully open their school. In today’s complicated market, the need to work smarter and be ready for opening day is critical. There is never a second chance to make a first impression. With proper planning, founders can be prepared to start the school of their dreams and manage costs and project development effectively, establishing a school for generations to come. Here are our time-tested rules for starting a school:
Rule 1: Clear Vision
Create your vision and mission statement, guiding core values, and educational philosophy for your school. This will drive decision making and be your lighthouse. Identify the kind of school your market needs and will support as well as what you as parents want. Ask parents and community leaders for their opinions. Take your time when putting this together because it will guide everything you do, from the staff you hire to the facilities you build. Even go out and visit other schools to analyze their programs and building. If possible, perform a feasibility study to support the process of identifying statistical demand, grade-by-grade, etc.