Market-Feasibility & Business Plan For a New a Private School

Prediction is very difficult, especially about the future If you're planning to start a new school or expand your established school with additional grades or program, it's critical that you complete the due diligence necessary to formalize your educational-operational-management-finance model and accurately assess whether there is sustainable demand for the program or school you're envisioning. Within this process you need to quantify the costs associated with starting and operating your school or program to a break-even point, and the value it will return to your founders and/or investors. If you plan on opening a new school or program, you need to ensure that you've done your homework to ensure that your school model is sustainable. Once you launch your school, there's no turning back. Too many times we've seen founders rush out to lease a site or purchase land before they know if the model will work at a fee range the market will bear. In other cases, an established junior school is receiving requests from parents to expand their program to a high school. However, there's considerable risk in developing a new school without knowing if the program is sustainable or if it puts the board and school at too much risk.  Market-Feasibility Study And Business Plan HEG's process focuses on formalizing your school's educational / operational / business / financial model, determining the feasibility of success in your market, enrollment projections, start-up capital requirements, five-year operational budget, internal rate of return (if required), facility/site requirements, and conveyance of the proposition to your investment and/or founding group.  The rationale behind completing the Market Study and Business Plan first is to consolidate the scope of your formation project through an extensive business case analysis, formalizing the educational, operational, and business/financing framework, quantifying HR needs, facility/land requirements, enrollment, capital requirements, break-even point, pay-down to investors (if required), internal rate of return, and net profits. Upon conclusion of the Study, HEG can be a better position to assess your project's feasibility, optimal model for development and operation, site, and pre-operation milestones. Our Study formalizes the scope of your project through our extensive on-site analysis, market review, and identification of critical elements and financing costs associated with development. Upon conclusion of the Study, HEG can assess the project's viability and provide the Client with a concise 'blueprint' to guide your group at each stage of development. As they say, you never get a 2nd chance to make a 1st impression. HEG's Recent Projects  BUSINESS PLAN FOR AN INTERNATIONAL SCHOOL - SINGAPORE: HEG was retained to support the development of a business plan for submission to the government of Singapore to start a new private for-profit K-12 international IB school.  FEASIBILITY STUDY & DEVELOPMENT OF K-9 PRIVATE IB INTERNATIONAL SCHOOL - MALAYSIA:  HEG was retained to complete a full Market Study and Business Plan for a new PreK-9 International Private IB School formation project in Malaysia.  BUSINESS PLAN FOR A CANADIAN INTERNATIONAL SCHOOL -SAUDI ARABIA: HEG was retained to develop a business plan for submission to an investment group to start a private for-profit PreK-12 Canadian international IB school in Riyadh, Saudi Arabia. MARKET STUDY AND BUSINESS PLAN FOR A GROUP OF NEW PRIVATE INTERNATIONAL BRANCH SCHOOLS - OMAN: HEG was retained to complete a full Market Study and Business Plan for a group of new For-Profit International Private k-12 Branch Schoosl in Oman. BUSINESS PLAN FOR A BRITISH COLUMBIA CERTIFIED OFFSHORE SCHOOL - AL AIN, UAE: HEG was retained to develop a detailed start-up and operational business plan for a new K-12 B.C.-certified offshore school in Al Ain, UAE. RESEARCH STUDY ON SMALL SCHOOL ISSUES IN SAUDI ARABIA -SAUDI ARABIA: HEG was retained by a major consulting firm in KSA to complete a research-based comparative study on small school issues in Saudi Arabia. FEASIBILITY STUDY & DEVELOPMENT OF K-12 PRIVATE SCHOOL SYSTEM FOR THE NEW PLANNED CITY - MASDAR IN ABU DHABI, UAE: HEG was retained to advice on the development of a K-12 private school system and stand-alone private school(s) for the new planned city of Masdar in Abu Dhabi, UAE. MARKET STUDY AND BUSINESS PLAN FOR A NEW PRIVATE INTERNATIONAL HIGH SCHOOL - SAN DIEGO, U.S.A.: HEG was retained to complete a full Market Study and Business Plan for a new For-Profit International Private High School in San Diego, California. MARKET STUDY AND BUSINESS PLAN FOR A NEW PRIVATE INTERNATIONAL HIGH SCHOOL - TEXAS: HEG was retained to complete a full Market Study and Business Plan for a new Non-Profit International Private High School in Dallas, Texas. BUSINESS PLAN FOR A PRIVATE RELIGIOUS HIGH SCHOOL - FLORIDA: HEG has been retained to implement a Business Plan for a new all-boys Grade 9-12 Independent Orthodox High School in Boca Raton, Florida, U.S.A. FEASIBILITY STUDY & BUSINESS PLAN FOR A PRIVATE TRIBAL SCHOOL - ALABAMA, U.S.A.: HEG has been retained to implement a Feasibility Study and Business Plan for a new co-ed PreK-12 Tribal Private School in Atmore, Alabama, USA. FEASIBILITY STUDY & BUSINESS PLAN - MAUI HAWAII, USA: HEG was commissioned to implement a Feasibility Study and Business Plan for a new University Preparatory High School in Maui, Hawaii. HEG will also support starting the school. FEASIBILITY STUDY & BUSINESS PLAN FOR A PRIVATE GRADES PREK-12 ANGLICAN SCHOOL - VANCOUVER, CANADA: HEG has been retained to implement a Feasibility Study and Business Plan for a new co-ed PreK-12 Non-Profit Anglican Private School in Vancouver, British Columbia. MARKET STUDY AND BUSINESS PLAN FOR A NEW PRIVATE INTERNATIONAL HIGH SCHOOL - VANCOUVER, CANADA: HEG was retained to complete a full Market Study and Business Plan for a new For-Profit International Private High School in Vancouver, British Columbia. BUSINESS PLAN DEVELOPMENT- ONTARIO, CANADA: HEG was commissioned to develop a comprehensive business plan for a new University Preparatory Day-Boarding Multi-Sport Elite High School in Toronto, Ontario, Canada. BUSINESS PLAN FOR A BRITISH COLUMBIA CERTIFIED SPORTS ACADEMY - VANCOUVER, B.C.: HEG completed a detailed start-up and operational business plan for a new K-12 B.C.-certified sports academy in Vancouver, BC. FEASIBILITY STUDY AND BUSINESS PLAN FOR A NEW INDEPENDENT GRADES 9-12 PREP SCHOOL - TORONTO, CANADA: HEG was retained to complete a phone Feasibility Study and Business Plan for a new Grade 9-12 University Preparatory Private School formation project in Ontario.  MARKET STUDY AND BUSINESS PLAN FOR A NEW PRIVATE INTERNATIONAL PREK-9 IB MARKET STUDY FOR A BRITISH COLUMBIA CERTIFIED OFFSHORE SCHOOL - BEIJING, CHINA: HEG was retained to oversee starting a K-12 BC-certified offshore school in Beijing, China. MARKET STUDY AND BUSINESS PLAN FOR A NEW PRIVATE INTERNATIONAL SCHOOL - LUANDA, ANGOLA: HEG was retained to complete a full Market Study and Business Plan for a new For-Profit International Private PreK-12 School in Angola. FEASIBILITY STUDY AND BUSINESS PLAN FOR A NEW PRIVATE INTERNATIONAL K-12 IB SCHOOL FORMATION PROJECT - PANAMA: HEG was retained to complete a Feasibility Study and Business Plan for a new K-12 International Private IB School project in Panama City, Panama.  Next Step   HEG is recognized as the global leader in the development of market~feasibility studies and business plans for private school development.  We've completed over 100 studies and business plans for the establishment of new schools, expansion of existing private schools, and transformation of schools into private schools globally. We've experience with projects of over $250 million in new cities to smaller non-profit schools in North America. We've worked with for-profit and non-profit clients in North America, Asia, Europe, Middle East, and Africa. If you would like to find out more about HEG's services, please contact our firm directly by sending an email to info@halladayeducationgroup.com or calling HEG at +1-604-868-0002.  To your success,  Douglas Halladay President Halladay Education Group P.S. Don't forget to go to our secure Online Store to invest in our Strategic Planning or Start-A-School Toolkits.They're affordable and practical.