BUY & SELL
SCHOOLS
HEG provides consulting
services in connection with the sale of Private K-12 Schools globally,
and Language Schools & Career Colleges in Canada, including:
Language
Schools:
1). Group of successful
Language Schools based in two key urban Canada cities with EBITDA of
approximately +$750,000. (School No. 1037) - SOLD
2). Highly regarded
Language School and Career College with a popular Work/Study Program in
British Columbia with EBITDA of approximately +$400,000. (School No.
1031) - SOLD
3). Successful Language
School and Training College in Western Canada with EBITDA of
approximately +$80,000. (School No. 1097) - SOLD
4). Solo centrally-based
Canadian language school with EBITDA of +$100,000 that is the leader in
its region. (School No. 1022)
K-12
Private Schools:
1). Prestigious
day/boarding high school in NE USA on 120 picturesque acres with
enrollment capacity of 500 students and I-20 Visas to recruit
international students (School No. 1055) - SIGNED LOI
2). Growing K-12
international school of 450 student in SE USA with EBITDA of $950,000.
(School No. 1011) - SIGNED LOI
3). Thriving K-12 private
international school of 450 students in Vietnam with EBITDA of +$1.4
million, (School No. 1034)
4). Special needs high
school in Texas with revenues of $500,000. (School No. 1097)
Career
Colleges:
1). Group of growing
Career Colleges in Canada with EBITDA of approximately +$3.7 million and
programs specializing in health and technology (School No. 1075) -
Currently Off The Market
2). Very successful
Western Canadian career college in the hospitality/culinary industry with
EBITDA of +$1.2 million and a full-year waiting list (School No. 1055) -
Currently Off The Market
3). Group of Business
Career Colleges based in Western Canada with EBITDA of +$750,000. (School
No. 1019)
4). Solo Career Business
College based in British Columbia with EBITDA of +$100,000. (School No.
1063)
5). Unique Nursing
College in California in final stages of receiving accreditation and
seeking investors (School No. 1077)
Contact HEG by email or phone if you would like to find
out more about these schools or would HEG to provide consulting services
in connection with the sale of your school.
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TESTIMONIAL
"HEG
is a very professional team that brings a myriad of talents to private
schools and are quite focused and results driven. They work efficiently
and are task-driven. As a start-up school we have so many items in our
punch-list to complete and Doug and the HEG team came in and helped us
with almost every aspect of the operations in a very short time frame.
They are flexible and a joy to work with. I would recommend them to any
group that wants to start a world-class international school or improve
the performance of your established private school."
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Message From HEG's
President
A belated Happy New Year to you. I
trust 2013 is starting off well and you're going to have another
tremendous year; personally and professionally.
Halladay Education Group is now
celebrating our seventh-year anniversary and we thank
all of our clients who've been a part of HEG's success, as well as yours.
In fact, our team at HEG has over three decades of experience helping
school leaders start, operate, and manage their schools effectively. We
see 2013 as a big year for our clients as well. In the last seven years,
we've worked with hundreds of schools and education-related clients to
start critically acclaimed schools, improve the performance and
operation of their established school, buy and sell multi-million dollar
schools, and establish lucrative business partnerships in the education
sector.
Our consulting firm specializes in
private school development, with services in areas such as improved
management and operation (Governance, Strategic Planning, Evaluations,
Leadership Development); school formation and program expansion; and
mergers, branch school licensing, and sale of private schools globally.
Here are a few links that provide additional information on our firm's
services: http://bit.ly/hWKCuE
and http://bit.ly/fLPF9h.
Additionally, here is a link to recent work
with clients globally: http://bit.ly/2ptow7.
As we come to an end of the first
month of the year, you may wish to consider the following consulting
services provided by our firm:
Today's Article -
International Student Recruiting
Today, I wanted to talk to you
more about recruiting international students to your
school or district. I was reading an excellent online article entitled "Chinese Admissions Soar At
US High Schools", which noted that admissions of Chinese
students to US private high schools climbed dramatically over the last
five years, reaching 23,795 last year - up from 4,500 in 2008.
Collectively, enrollment from China, South Korea, India, Japan, Taiwan,
and Vietnam rose from 27,235 to 42,845; with China having the lion's
share.
When our firm works with schools to
assess their overall performance, one critical element of enhancing
enrollment (and revenue) is expanding their overall market of student
recruitment to include international students. We've always encouraged
schools to minimize their risk by diversifying the market they recruit
students from so that they're in a position to ride out any local
breakdown in enrollment. I was speaking with a school district this week
that had not taken advantage of the opportunity to recruit international
students. I shared that this strategy isn't just about the revenue that
international students bring in to support other programs for local
students, but it' also about the experience these new cultures bring to
your current students.
Today's article
shares more details about the in's-and-out's of developing an
international recruiting program for your school.
To your
success,
Doug Halladay
President
Halladay Education Group
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Where's HEG
Working Right Now?
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Here's
an update of what HEG's working on:
- Market
Study and Business Plan for a new Faith-Based Non-Profit Private
K-12 School in Canada
- Formation
of a Faith-Based Non-Profit Private K-12 School in Canada
- Formation
of an International K-12 Private For Profit School in Canada
- Market
Study and Business Plan for a new Private K-12 Non-Profit
International School Group in Oman
- Market
Study and Business Plan for a new Private For-Profit International
High School in California
- Strategic
PlanFor a Private Non-Profit K-8 Christian Preparatory School in
Florida
- Market
Study and Business Plan For A For Profit International IB School in
Asia
- Formation
of a new Private K-12 Canadian For-Profit International K-12 School
in Qatar
- Market
Study and Business Plan for a Public to Private School Conversion in
South Africa
- Market
Study and Business Plan for a New Private K-12 International School
in S.E. Asia
- Providing
consulting services to school owners and buyers in connection with
the sale or purchase of a Canadian Career Colleges, Language
Schools, and/or Private K-12 school globally
If you're interested in our
firm's consulting services, and would like to discuss your needs further,
please contact HEG by email or call directly at
+1-604-868-0002.
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In The News
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Mr. Obama, Here's How To
Become The 'Education President'
We have come a long way from the grand experiments of the first phase of
modern educational expansion (1945-1980) that responded to a growing
middle class, a need for cutting-edge research and technology, an
interest in producing STEM graduates, and...
Moving Education Forward:
It Starts With School Leaders
In his second inaugural speech, President Obama stated, "We
understand that outworn programs are inadequate to the needs of our time.
We must harness new ideas and technology to remake our government, revamp
our tax code, reform our schools, and...
Our Education System Is
Killing Creativity
In order for companies to succeed and stand out, they need to have a
group of intelligent and diverse talent. Yet, this is hard to find
because people are discouraged to think outside the box throughout their
lives. In fact, our education system - and...
'STEAM' Education Gains
Momentum In Schools
For years, educators have been told about the importance of STEM
education-for science, technology, engineering, and mathematics-in
ensuring the nation's competitiveness in a global economy. But now, a new
movement seeks to amend that acronym to...
Does Single-Sex Education
Help Women Succeed?
American girls and women can attend single-sex schools from Kindergarten
through college. But recent statistics noting a steady decline in
enrollment at women's colleges have led to a re-examination of how well
single-sex education works. Host Melissa ...
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Solutions
For Your School
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Our experienced team can
provide step-by-step 'turn-key' services to start your school in the USA,
Canada, & Internationally. Click here for more
info.
We're experienced
developing Strategic Plans for schools globally. Our
plan can focuses your school's mission, build consensus, donor
confidence, & define priorities for your Board & Staff. No school
should be without one. Click here for more info.
Great schools have great
boards. Can you afford not to ? Our governance workshops & online
board performance surveys fine-tunes your board's & focuses your
priorities. Click here for more info.
Are you sure your school is
doing the best it can? Our In-Depth Performance
Review assesses your school's performance against benchmarks &
provides snap-shot right away. Click here for more info.
HEG provides consulting
services in connection with the sale of K-12 Schools, Language Schools,
& Career Colleges in Canada, US, and Internationally. Click here for more info.
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Are You
Missing Out On Recruiting International Students?
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What
is an International Student Recruiting Program?
International Student
Recruiting Programs provide students the combination of an outstanding
education with the opportunity to live and travel in a new country. An
effective program promotes and markets your school as a destination for
students. This includes programs such as: one year or one-semester ESL
programs; High School graduation for fully integrated International
students; short-term programs; summer and winter programs; exchange
programs; extended travel programs, and; sister school programs.
Advantages
toyour School
An International Student
Recruiting Program enhances the overall educational value for your
current students, appreciation and understanding of other cultures, and
lifelong global friendships. In addition, the program provides a positive
revenue source from additional and high tuition, diversifies your
recruiting market, reduces the impact of regional economic cycles,
expands fundraising profile, and establishes exchange programs for your
students and staff.
What
makes an Effective International Student Recruiting Program?
There are a number of
factors inherent in an effective program. This includes: allowing
international students to choose from short- and long-term programs from
elementary through to secondary; promoting a flexible, accessible, and
internationally oriented program of education (e.g., ESL, AP, IB); highly
qualified and experienced ESL instructors; ensuring a quality learning
experience in a spectacular North American setting; fostering multiculturalism
and global perspective, and; assisting international students through a
variety of on-campus services and student support (e.g., medical,
counseling, travel arrangements, tutoring).
Where
Do You Start?
Most importantly, you need
to develop your vision and Mission for your program. Determine why you
want to start one? Is it for the revenue or the quality of programs and
culture it provides to your school? Or both. Either way, you need to
assess your current status -- perform an analysis of your school's
strengths, weaknesses, opportunities, and trends/threats (SWOT analysis);
perform a competitive analysis of your market,
and; identify where you are now and where you want to be. From this
process you develop goals and tasks to achieve your mission and vision,
noting how to overcome your weaknesses, utilizing your strengths, keeping
an eye on emerging trends and threats, and maximizing enrollment and
revenue. You need to develop key goals in relation to your plan,
establishing your action plan, and identifying the impact on other
programs at your school. But most importantly, create your implementation
plan, indicating who, when, how, and how much to achieve your vision.
Admissions/Marketing
Plan
One of the most critical
elements to a successful program is to development and implement an
effective international student marketing plan for recruitment. This is
more complicated than your "domestic plan." You are dealing
with another culture, language, norms, and distance. Nevertheless, an
effective plan should include: identifying short- and long-term markets;
developing a budget (10-15% of projected Gross Revenue); developing a
recruiting calendar for student/agent recruiting fairs and admissions
cycle; identifying promotional resources (e.g., web site, translated
promotional materials for fairs and agents, agent binders, resources for
fair booths, Home Stay Forms), and; building an agent database.
ESL
Program
The most critical element
of a successful International Program is the actual educational program
at your school. It's every institution's mission to provide learners a
quality learning experience. And word gets out very quickly, even
globally, about whether your program does what it says it does!!
Remember, the majority of a successful recruiting campaigns are still
based on word-of-mouth marketing. So ensure that you hire good
instructors and provide first-class instruction and resources, as well as
a healthy, happy living experience for your international students.
Special
Note
If you feel that this is
too good to be true, the international consultancy,
McKinsey believes that
interest in schools will continue in 2013, and not just in the US. The UK
has seen Chinese enrollment triple at its boarding schools in four years,
and the Independent Schools Council, which represents around 50% of the
UK's independent schools, says enrollment has risen from 2,330 to 3,630
since 2008. Singapore, Canada, and Australia are also thought to be
targets, where big investments in real estate and other assets can also
lead to permanent residency. "Private-business owners have an
opportunity to give themselves such options by making international
investments and acquisitions outside China," writes
McKinsey. "With permanent residence on offer...in return for an
investment of up to a few million dollars, many are taking
advantage."
Next
Step
If you'd like to find out more about how we can
help your school develop or improve your international student recruiting
program, please contact HEG by email at info@halladayeducationgroup.com
or directly at +1-604-868-0002.
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HEG
Recommends
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Here are two of our
most popular toolkits which will help you to either start your own
school or develop your own strategic plan.
STRATEGIC PLANNING
TOOLKIT
Learn how to develop your own Plan with step-by-step
instructions contained in a detailed Workbook & Manual, along with
$500 worth of bonus CD's. It's all here to help you develop your own
plan. Click here for
more details.
START-A-SCHOOL TOOLKIT
Are you still struggling with starting a school? Experienced
school leaders share how they started their school from the ground up.
You'll also receive our bonus CD ($150 value) on developing your
strategic plan. Click here
for more details.
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