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Daily Monitor
Tuesday March 02 2021
Children in a nursery school before the Covid-19 pandemic. Homeschooling is now a preserve of a few privileged hildren in the country. PHOTO | FILE
Summary
Income and expenditure. Ms Manuela Mulondo, Early Childhood Enthusiast and Founder of The Cradle says, in terms of estimation a pre-school or kindergarten will cost a parent between Shs1m and Shs1.5million per term depending on the type of school they go to. However for most day schools and pre-care centres, about 95 per cent of income goes into expenditures.
In terms of profit margin, it leaves you with about 5 per cent that you can use to negotiate with the banks for expansion.