Education Fund

Registering a tertiary institution

Before you can offer tertiary education in South Africa, you must first register as a private higher education institution with the Department of Higher Education and Training (DHET). The purpose of registration is to ensure that: Private institutions offer quality education The public is protected against unscrupulous and exploitative operators The student obtains qualifications that are aligned with the Higher Education Qualifications Fra...
More

Operating a childcare business from day to day

Once you are ready to welcome children into your childcare centre, there are still some operational issues to iron out and systems to put in place. Before you can register a child, you have to sign an agreement with the parents, setting out your role and policies of what kind of care will be given, and what you cannot be held responsible for. Showing the parents that there are regulations being adhered to will add to their comfort level of lea...
More

A guide to opening a nursery school or crèche

You would like to open a nursery school. You have done the background research and decided on the size of your centre, the type of services you will offer and what you will need to get your business off the ground. So let’s kick off the process. The first order of business is to find an appropriate site for your business. Choosing the right location If you are going to open your business on a commercial site, it should either be close to ...
More

Before you start a business in childcare

Childcare centres such as pre-schools and crèches have in recent years become a thriving, high demand industry. As more and more parents have to work full time, the need for good quality childcare creates the perfect opportunity for an entrepreneur who is interested in entering this field. There is a lot of research to be done and many factors to consider before you can go ahead and start a nursery school. Let’s look at some of the most imp...
More

Registering an independent school

According to South Africa’s Constitution, everyone has the right to establish independent educational institutions. However, the registration process can be a long and an arduous one. The process may differ slightly between provinces, but following minimum requirements must be met. Independent schools are defined as private schools that are registered with the Department of Education for offering basic education programmes in terms of the Sout...
More

Born teacher finds her roots the entrepreneurial way

Judy Janse van Rensburg comes from a distinguished family of teachers who can trace their lineage several generations back to the time of governesses, but she herself only lasted six months in her first teaching job. “It was the system that got to me,” says the Kempton Park based entrepreneur who has recently taken over an innovative franchise aimed at teaching children arithmetic and analytical thinking through the use of a Chinese abacus. ...
More

No business is too small for a proper budget

Many business owners mistakenly think their operation is too small for a formal budgeting process. The budget (of sorts) that many business owners keep inside their heads is often more like a basic recipe, and is usually inadequate to deal with the constant change that every business is subject to. This is according to Jeremy Lang, regional general manager at Business Partners Limited, who says that no business is too small for the discipline of ...
More

SA SMEs need to create cash cushion

During an economic downturn Small and Medium Enterprises (SMEs) are often hit the hardest. Unlike large corporations, SMEs do not have the large cash reserves required to navigate the turbulent economic conditions currently being experienced in South Africa. The National Debt Mediation Association (NDBA) announced earlier this week that there has been a substantial increase in small businesses going under due to financial stress, and that many p...
More