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Warneford Consulting, cost and estate management specialists, share some key considerations to identify opportunities to generate additional revenue streams.
Read time: 4 mins Added: 01/07/25
In the current climate, all schools are facing considerable financial pressures - from sustained funding cuts, rising maintenance and staffing costs to higher energy bills. At the same time, schools are working towards net-zero commitments and a decarbonised estate.
This guide highlights five key considerations to help schools explore income generation opportunities. The strength of any proposal depends on the unique features of your assets, how they’re currently used, and demand within your local community.
The most cost-effective and immediate way to generate income is by maximising use of your existing facilities. Identify demand within the local area and engage with interested groups.
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Schools with underused or poorly maintained facilities should consider re-purposing or upgrading them to attract investment. Funding may come from school reserves or reinvested savings.
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Where demand supports it, schools may be eligible for expansion funding or explore innovative financing options to build new facilities.
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If a school has surplus land or buildings (beyond Sport England’s requirements) and secures approval, they may be able to dispose of these assets. Capital receipts can then be reinvested in the school estate to improve infrastructure or support expansion.
Investing in environmental technologies offers a dual benefit: reducing operating costs and supporting sustainability goals. Many options are available via managed service models or leases, avoiding upfront investment.
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