Setup school and College

If you have an educational philosophy you feel strongly about sharing with students, you may feel motivated enough to start your own school/college based on its inherent values. As with any business, it's challenging to get started, but it's made even more so by the fact that you'll need to meet many regulatory requirements to ensure that you are providing the appropriate educational experience for students attending.

Funding will be your biggest hurdle and one you must consider from the outset. If you're still keen, here is some guidance to help you determine whether this is the right thing for you to pursue. Reflect on your reasons for starting the school/college.

What is missing from the current educational institutions in your area that you feel you can add or improve upon?

What do you have to offer in your educational philosophy, curricular focus and teaching methodologies? Examine existing schools/colleges which are like the one you'd like to start.

What do they offer now that you also want to offer? In what ways would you tailor your offerings to outsell those of existing colleges? Fee-paying students and their sponsors will be wanting to understand fully what sets your curriculum apart from others. Be careful if you're seeking to undercut other colleges.

This may seem like a reasonable idea until you realize just how expensive it can be to provide education. Unless you're flush with funds, steer clear of stating this as a prime reason for starting a college. Set out solid reasons for your college.

Your mission statement should include your reasons for starting the college, the educational approach and curriculum and your goals. Pass your mission statement reasons around friends and family to gauge their thoughts and ideas. Ask them if you have made your mission clear enough for them.

Ask them to tell you if it stands out as a school/college they'd like to go to or send their children to. Use their feedback to ensure both clarities of mission and to put together your own verbal pitch to explain the college to people you want to get advice from and to promote the college to potential funders.

Seek advice from professionals with experience in starting a school/college. Find experts that can help in business, finance and education. Meet with founders of other schools/colleges for specific guidance and suggestions on how to handle roadblocks that you will come across.

Develop your Infrastructure

Your infrastructure includes operational, educational, curricular, business, legal, hiring, training, admissions and enrollment procedures. Determine your location. Decide on the degrees and classes that will be offered. Begin networking with and interviewing potential faculty and hiring key staff members.

You will be able to hire faculty based on your enrollment, but you will need to have a pool of qualified teachers to draw from. Market your college. Marketing is essential to recruit your students. Word-of-mouth is an important starting form of marketing, so tell your friends to tell their friends and so on. Have excellent brochures and websites in place to help spread the word quickly and easily.

Start a website to network, share your educational philosophy and inform students about your programs. Also make use of social network sites such as Facebook, Google+ and Twitter, for a broader reach. Offer admissions and financial assistance information. You might wish to offer a scholarship to entice people to apply. Be sure that such an offer fits within your budget.

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