What is education?
Education is the process of facilitating learning, or the acquisition of knowledge, skills, values, beliefs, and habits. Educational methods include teaching, training, storytelling, discussion and directed research.Wikipedia
As humans it’s a culture to live and learn, these days right from young age parents send his/her child to a school to learn. Knowledge is power, hence we are want to be educated. Every human being needs oxygen to survive in the world. Education is as important as this because education gives people the knowledge and skills they require. Education is important to people of all ages and it has no limit. Children require education in order for them to learn how to speak and to write.
Both on personal and national levels, education has been shown to increase economic growth and stability. One of the most important benefits of education is how it improves personal lives and helps societies run smoothly. We live longer, fuller, and happier lives as learned and knowledgeable individuals.
Education is important because it gives a different perspective on life and establishes a personal opinion after analyzing the situation. It helps society to develop socially and economically. Also, latest technologies are developed and used in different areas like health, economy, military and other business.
Investing in the education section is something that one can’t lose nor waste his profits as far as properly means is put in place to maximize customers (students). Let me give you example with a primary school that consist of six classes.
A primary school that consist of six classes, let say JSS1 is made up of 20 students. The school fees is about hundred thousand, with roughly thirteen to fifteen teachers to lecture for both science and art students. The average pay for a primary school teacher is about thirty thousand. That is 15 × 30 = 450 thousand as teachers’ salary. Other non teaching staffs, principal and other personal can be all estimated to be about roughly seven hundred thousand.
Calculating the amount of fees paid by the JSS1 students alone 100 x 20 = 2 million. Now that is enough to handle the teaching and non teaching staffs by just half of the total profit. If one take the remaining five classes into consideration with exact students as in JSS1, is a total of 12 million per 3 to 4 months. They is need for the provision of teaching classes, staff room and other essential facilities in a school.
A new school will take time to acquire students but it all depends on the marketing, advertising and the level of efficiency and professional in delivering lectures with the ability of students to learn. The initial cost for a start can be minimal because as the school grows development most be in place also. The condition here is simple, the more students comes the more profits and believe me once started you can’t lose of you know what and how to go about it. Education, transportation and Healthcare services are those that’s always profiting as life is concerned.