What You Need to Know to Start a Tutoring Business

Looking for Capital to Start Your Business?

Are you wondering how to obtain small business financing so that you can turn your dream business into a reality? Would you like to know the best ways to obtain small business loans? Or maybe you want to know more about angel investors or venture capitalists. We highly encourage you to read our review of three solid resources that can help you with your new business financing in our article, Small Business Financing: How to Obtain the Capital You Need to Start Your Business.

Starting A Tutoring Business Business Overview:

Starting a tutoring business can enable you to earn over $50 per hour, work from your own home, set your own hours, and teach the students you want to teach. Sound good? These are just a few of the perks of tutoring as a successful business idea. You also get to make a name for yourself as an expert in your subject area and eventually hire tutors to work for you—in your subject or in others. One of the best advantages of this enterprise is that it’s quite easy and inexpensive to start a tutoring business. For starters you will need to be an expert in your subject area, whether you’re a teacher or a writer or a mathematician. Next you will want to have a “program” or methodology for teaching your subject matter. You might teach SAT- or standardized test preparation-style questions or you might use a textbook or workbook to create a curriculum. Of course you will want to tailor your program to each student’s specific needs. Then you will have to decide where you’ll work—a local library, the student’s home, or your own home. No matter the location, you will want to set aside a quiet zone where everyone knows you are not to be disturbed. Finally, you must determine whether you want to charge an hourly fee or a session fee. There are benefits to both—you will need to decide which works best for you and your teaching style. When you have ironed out these important details, you’re ready to recruit your clients. You can start by word-of-mouth or you can head right to the internet and get your business up on a tutoring site like Tutor Post. You can also post flyers in your library and even in your school district’s guidance office if that is allowed. With a bit of effort and sharing word of your new business with your friends and acquaintances, you can have a solid tutoring business up and running in no time.

A Day in the Life of a tutoring business owner:

This article brought to you by Business Ideas! If you enjoyed this article, make sure to subscribe to the Business Ideas Newsletter to get ideas sent straight to your email inbox.When you’re a tutor, your days will be very specifically set up to suit your life schedule. Whether it’s a couple of sessions per week or per day, you will be able to work when you want (and of course when students are available). On a work day, you will review your schedule to see which clients you or your employees will be tutoring and what material was last covered. You will then want to review the material that will be covered in the day’s sessions and prepare any resources that will be needed. Then you will want to ensure you or your employees get to the tutoring sessions (if you travel to them) in a timely fashion and are prepared to start teaching when the client gets there. When the session is through, you and your tutors will want to document the material covered in the session, the homework given to the client, and any important information the client or their parents should know about their progress. Finally, because you are running a business, you will want to keep close track of your income and expenses to determine how many clients you need to maintain for profit.

About Your Customers:

Your customers will be students of many ages who require extra help in your subject area. They will likely be struggling students who may (or may not) look forward to your sessions.

What You Need to Start:

  • Expertise in the subject area in which you plan on tutoring
  • A program or curriculum to follow
  • A fee schedule
  • A location for your business
  • A tutoring page on a website
  • Advertising for your business
  • Financial-tracking software

The Good:

  • You can set your own hours.
  • The subject matter is likely something you already enjoy and are good at.
  • You can work from home.
  • The business can be very lucrative.
  • You can hire tutors to work for you.
  • As long as there are students, there will be tutoring work.

The Bad:

  • You may occasionally have to deal with a reluctant student. In those cases, motivating the student may be as much a part of the work as the actual teaching you will be doing.
  • You may run into the occasional difficult parent who has unreasonable expectations.

Resources:

Start This Business Today:

To start a tutoring business today, we recommend you purchase Tutor & Grow Rich. Learning the ropes from an entrepreneur who has started a successful tutoring business is a great way to learn more about how to do it yourself. This invaluable resource is full of great tips and information that only a successful tutoring business owner might know. For more information or to purchase this HIGHLY RECOMMENDED book, click here.




The Marketing Program is a step-by-step, walk-you-by-
the-hand bootcamp.

Each month, we give you ONE (and no more than one) "marketing project" to complete in your business.

You do that one project each month . . . and we guarantee that if you do the stuff, you'll double your online income during the next 12 months, or we'll double your money back.

Anyway, each monthly marketing project is a plain -as-day, from A-Z, step-by-step, no B.S. blueprint (that has been tested and proven to work over and over again) for getting multiple on-demand cash infusions into your business.


Technorati Tags: , ,


CONSUMER NOTICE: This is an affiliate ad supported website. That means if you buy something from a link, or ad on this website,
or based on our recommendation, either expressed or implied, we may get paid an affiliate commission. That's how we pay the bills.
Affiliate Agreement | Anti-Spam Policy | DMCA Notice | External Links Policy | Earnings Disclaimer | Privacy Policy | Terms and Conditions | Compensation Disclosure | Refund Policy | Video and Audio Terms

Copyright © 2010 - 2012 Business Ideas and Avenue 81, Inc. Contact Information: Avenue 81, Inc., 2885 Sanford Ave SW #13607 Grandville, MI 49418 USA Phone: (888) 329-4905 Email: claycollins@ave81.com