Boarding School Business Plan, Marketing Plan, How To Guide, and Funding Directory
The Boarding School Business Plan and Business Development toolkit features 18 different documents that you can use for capital raising or general business planning purposes. Our product line also features comprehensive information regarding to how to start a Boarding School business. All business planning packages come with easy-to-use instructions so that you can reduce the time needed to create a professional business plan and presentation.
Your Business Planning Package will be immediately emailed to you after you make your purchase.
Product Specifications (please see images below):
- Bank/Investor Ready
- Complete Industry Research for the Industry
- 3 Year Excel Financial Model
- Business Plan (26 to 30 pages)
- Marketing Plan (24 to 28 pages)
- 425+ Page Funding Directory
- PowerPoint Presentation
- Loan Amortization and ROI Tools
- Three SWOT Analysis Templates
- How to Start a Business Guide
- Easy to Use Instructions
- All Documents Delivered in Word, Excel, and PowerPoint Format
- Meets SBA Requirements
Boarding schools are unique businesses in that they are able to offer private educational services while providing the necessary housing for most of their students. In most markets, a boarding school will offer options for parents and want to send their children to the specific location as well as providing day based education services usually on the high school level. These businesses typically do have very high startup cost given the fact that a number of buildings as well as dormitories need to be created in order to provide these services to the general public. It should be noted that this is also very competitive industry given that many well-known and established boarding schools have been around for 50 years or more. There are certain and academic institutions that have been around for more than 200 years. As such, a new boarding school needs to find ways to differentiate itself in this highly competitive and highly prestigious market. Often, the people at start boarding schools or individuals that have had extensive experience in the field of collegiate academics and are seeking to provide their services on the high school level. The startup cost associated with the new boarding school typically range anywhere from $5 million all the way to $50 million depending on the initial scope and scale of the business. These businesses are generally immune from negative changes in the economy given the fact that it is usually very wealthy people that send their children to boarding school.
If an entrepreneur seeking to raise capital for this type of business than a boarding school business plan is going to be required. This business plan should feature a three-year profit and loss statement, cash analysis, balance sheet, breakeven analysis, and business ratios page. The bank loan is being sought in special attention should be paid to the real estate and collateral that we used in order to secure the credit facility. A full-scale demographic profile of the people that will be targeted for the boarding school services should be included as well coupled with an expansive competitive analysis that discusses national level and widely regarded boarding schools throughout the country. This information is readily available online, and within the business plan all this should be cited heavily. A special focus on the demographic profile as it relates to the median household income of the targeted parent should be included as well.
A boarding school SWOT analysis should be created as well. As it relates to strengths, boarding schools are able to always generate revenues in most economic climates while generating very high gross margins from their services. These companies typically once achieving profitability continue to do so in perpetuity.
For weaknesses, boarding schools are complicated businesses to operate and they do have very high operating expenses not only from a facility standpoint but also from all the teachers and related and people that need to be hired to maintain the facility.
For opportunities, most boarding schools continue to expand by implementing large-scale marketing campaigns that brands their facility is a prestigious place that can be used as a feeder school for major universities. Additionally, additional campuses can always be created once the initial location is profitable.
As it relates to threats, these businesses can suffer some set that backs during times of economic recession given the fact that wealthier parents may cut down on certain expenses.
A boarding school marketing plan also needs to be developed so that parents can be quickly informed of the schools operations and how their to enroll their children in these facilities. Most importantly, a third-party marketing and advertising firm is usually hired in order to properly position the boarding school within this market. This marketing firm will also develop all the operations as it relates to marketing online given that many parents will now turn to the Internet in order to find boarding schools that suit the needs of their teenaged children. A substantial portion of the capital needed to start a boarding school should be allocated towards marketing given the fact that a branding must be established for parents readily enroll their children in either boarding services or day educational services. A marketing firm, while expensive, can readily assist the business with achieving this objective.