Why school business is very profitable.

[Chibson]

How many parents in Nigeria can really afford elite schools. Parents are just looking for an average school to go and enrol their children.

A school must not be so expensive for it to be qualitative. But it shouldn't be a low grade school.

 

[Johnson2468]

The thing is that a lot of people have being able to realize that knowledge makes life, so people are looking for knowledge. And school provides that which people are looking for.

 

[IB D]

A school must not be so expensive for it to be qualitative. But it shouldn't be a low grade school.

So does it mean if you start at a small level, it is a low grade school? You start with probably junior section on a block of 3 classrooms and you have quality teachers, is it low grade?

 

[cherry123]

Yes you are right knowledge is a premium thing just like for me I'm always willing to pay for knowledge. Owning a school is good business as people always want to learn

 

[IB D]

A school is one thing that I desire to own in the near future. Just standardize it and watch it boom and grow. It is a really good business.

 

[nomad]

You need a lot of money to start a school, and your school will not reach break even point even in 3 years. It is a profitable business but it will take many ways to yield profits

 

[Chibson]

So does it mean if you start at a small level, it is a low grade school? You start with probably junior section on a block of 3 classrooms and you have quality teachers, is it low grade?

If you want to start a good school you must build good-looking classrooms. That is one of the parameters parents look at before enrolling their kids.

 

[Heatman]

My father just started a high school. I can tell you for free that just one class of 30 students can pay salary of all the staff for the term. The rest of the 5 classes is profit.

It's a very good thing that the school business which your father is going according to plan. School business is something good if you know how to do it well.

 

[Chibson]

if you want to profit from a school business you must have good managerial qualities. You must know how to manage people well in order to be successful in such a business.