Signs that your school might be failing don't suddenly appear all at once like a flashing neon sign. Instead, they appear gradually over weeks, months, and years. I am targeting small private schools with these remarks and suggestions with the hope that you will see telltale signs of concern long before they become major troubles.
As you and your board of trustees review the list which I have set out below, I would suggest scoring each item on a scale of 1 to 10, with 1 being the low end, and 10 the top. So, for example, as you look at your enrolment data for the past 5 years, if the trend shows a deterioration in enrolment, you would score that item 5 or less. And so on. Then tackle the items on the list which need the most attention.
The following video discusses signs that a business is in trouble. Many of these will apply to a private school which is, after all, a business.
Low enrollment
Let's start with enrollment. Filling your school's seats is essential for balancing your budget. If you are having trouble doing that, then you need to find out why you are not able to fill all your seats. If you are a seasoned enrolment professional or have one on your board, then seek his advice and follow it. Enrollment professionals will look at a host of things that