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As the fast-paced-lifestyle culture has laid its trap across the world, sending kids to residential schools or boarding schools has emerged as a preferable option for parents to ensure the betterment of their children’s future. A boarding school is need of the hour for a large section of society and hence, new boarding schools that assure overall development of the pupils are coming into play.
Read on to discover what all it takes to build-up a boarding school as here we unveil some important steps in the course of setting up a boarding school.
Business Plan and Finance
A boarding school can either be an exclusive residential school or can be a day school with facility of hostel for the students. Whichever be the type, a residential school requires an extensive planning and an enormous amount of capital to invest. The business plan includes the budget, branding and marketing.
The requirement of capital is quite essential because of the accommodation of the students; hence the budgetary-expenditure has to be precisely planned. The minimum investment that you can expect is of more than a crore! The amount can vary depending on the location, standards, scales and other variable factors. However, funds can be resourced from financial institutions which would require a detailed business plan and project report.
Choosing the campus
Location of the boarding school is crucial as it should suit the environment so that the property investment is viable. The campus should be adequate to accommodate different residential facilities like playground, laboratories, academic blocks, hostels and other facilities that are required in a boarding school.
Construction of the school
After finishing the architectural and infrastructural planning, construction work comes into play. The interiors of the classrooms and the hostels must accommodate modern technologies, which could assimilate the educational technologies such as projectors and whiteboards. Hostels must also have gymnasiums, ante-rooms, indoor sports facilities as well as outdoor sport-courts. Canteens for students and students mess are also important things to be taken care of.
Finalizing the curriculum
The curriculum is the quintessential part of the boarding school as all the other planning relies upon the syllabus and curriculum. Once the curriculum is finalized, the technological requirements come into demand. After finalizing the curriculum, the affiliation of curriculum is also required. Curriculum needs to be abiding by the standards that a board dictates.
Land approval and permissions
Certain permissions have to be taken from the higher authorities, such as land approvals, NOC and other certifications necessary for establishment of the school such as land ownership and lease documents. These certifications are extremely important in order to add credibility to the school.
