Hi Chandu sir, I am running a preschool i pune from last 10 years. I want to start school till 10th. Please let me know how to raise capital to start it. Minimum requirement to start a school in Maharashtra is one acre.

Ans: In whatever is your area of interest, talk to as many experts and consumers you can.. evaluate if your idea is solving a real problem that your potential consumers face. Fine tune your business idea. Then again talk to people if they are willing to pay you money to sort out the problem.. and how much. Concurrently, talk to experts on the cost of solving the problem/ offering the solution. Wherever you think the cost of solution is lesser than what people are willing to pay, is a good idea to work on prima facie. Then create a detailed feasibility report. Take help of some expert at this stage. Understand the investments and evaluate how you will need to fund the business initially. See if you can get some grants / seed funding. Typically seed funding is through friends and family . There are also a few govt schemes for entrepreneurs- see if you can get some grant/ financial assistance under these schemes. Put some of your own money and start implementing your idea in the mean while. Don’t be over optimistic in your planning. Work for the best but be prepared for the worst.

Ans: People hide behind lack of funding for everything. I firmly believe that where there is a will, there is a way. These days there are so many online platforms for surveys like surveymonkey. Use them.

Ans: Hi Manish
There are several ways to get information. I am not clear what kind of survey you plan to do. There are free online tools that you can use to execute the survey. I presume you have the list of people /companies etc you want to contact. You can also use tools like WhatsApp, Twitter to do dipstick polls with people to get a quick idea on some key issues. Pl also talk to a good marketing professor or consultant on the approach(es) you can use as also to refine the methodology

Ans: Start a sports academy if you are good at teaching sports. You don’t need to much funds for that.

Ans: Dear Mani Kumar ,

Today , there are many consultingfirms like Edu Gorilla , Edu tech consulting and content innovation P Ltd and so on who can guide you against requisite fee. You may search these consulting firms from Google .