Education system forms the backbone of every nation. And hence it is important to provide a strong educational foundation to the young generation to ensure the development of open minded global citizens securing the future for everyone. Education brings success and translates it into social recognition. India is at an enviable position having a large population of potentially creative and productive students who want to contribute to society. Although we have developed well in higher education system most of the educational institutions have limited infrastructure. Opening a school in India is a herculean task, yet more and more people are entering in school business as the demand for school appears endless. In the light of the lack of quality schooling, the growing population and the desire to provide quality education for one’s children, people find a promising business opportunity. A school is a unique business because it cannot be even termed a business. Schools cannot be set up by private entities. They must be run by a community created under the Associations Act of 1860, or by a trust under the Public Trustees Act in different states, or by the establishment of an institution under Section 8 of the Companies Act 2013.