Generate Money for Your School – Rent Out Your Premises
Nowadays many schools – because funds and budgets are becoming ever tighter – are beginning to realise that they need to find alternative means of raising money for their playground projects. And what better way to do this than raising much needed extra revenue by opening up their facilities for community use. If you’ll excuse the expression but it is basically “sweating the asset”!
Allowing sports halls and meeting rooms for example to be used outside of school hours can bring in an average of £30-40k per year. Think of a local football team for example who might want to use the school’s pitches and facilities for training in the evening or at the week-end, ditto local badminton or basketball teams, karate/yoga/drama/dance groups who might want to hire your hall or classrooms, culture events at the week-end if you have a staged area…the list can be quite comprehensive. Children’s parties as well and oddly enough you already have a pretty good target market already for this! I have a yoga teacher friend for example who for love nor money can find somewhere to rent out for her class of 30 at the week-end – she just needs a big room!
Classrooms can be used for adult education or week-end supplementary schools.
Of course your revenue generating opportunities are determined by your school’s location and what facilities you have (generally sports facilities such as sports halls and floodlit all-weather pitches, MUGAs are most sought after).
For many years though the time and costs involved in the administration (and not to mention the marketing) to let out a school’s facilities meant that the profit for additional revenue has only been minimal. And of course that scarce resource called time needs to be factored into the equation!
However we have come across an excellent company called the Kajima Community who are changing all of this by making the whole process simple and profitable – whether schools are looking for an effective booking system or a more comprehensive marketing service, they are able to help and take all of the hassle out of the above. They have seen an uptake in their service more than double in the past year as schools need to adapt to maximise profitability of their premises…which will happen more and more in the years to come.
They offer two schemes as per below:
- BookingsPlus – where they provide an online system for you to market your facility, administer bookings and collect online payments. A video has just been added to the website which gives a flavour of how the system works.
2. SchoolBookings – where they carry out the whole marketing and administration function on behalf of the school to ease the administerial burden. After a site survey they are confident that they will be able to guarantee you that we will be able to cover our fee with new bookings and offer you a free service.
Their website is
A good way too to earn additional rental income once we have installed and supplied our extensive range of classroom and multi-amenity buildings which can be found at http://www.hideouthouse.com