Starting a Tutoring Business
Do you want to leave your day-job and focus your attention on your family instead? But you can't quit just yet because you need the paycheck? Why not explore alternative forms of income? Have a look at the home tutorial service business, this may be the solution you are waiting for.
While some students meet their grade requirements with relative ease, others are not as lucky.
Those who find coping with their lessons a challenge often turn to tutors to seek assistance.
Now more than ever, the need for tutorial service has become apparent. This is mainly because schools expect more from their students nowadays than they did before. Many can attest to this. In fact, it is said that the lessons being thought in the high school system today were the same lessons only learned in college back in the old days.
Another probable reason is that the student-teacher ratio today is much bigger than it was back then. Teachers today can’t afford to give the necessary time and personalized attention students having problems with their academics need.
If you are tired of the day-to-day grind of your job and you would like to have an alternative career, one that is home-based or one that can give you more freedom with your time, then the home tutoring business might be what you’re looking for.
This business requires very little in terms of start-up capital. Why? You don’t have any equipment to invest in. All you need are books and some office supplies. Depending on the size of your operation, your most expensive investment will most likely be rent payments for the space you need to lease and salaries for the tutors you need to hire to help you.
The cost of advertising is almost nil. Handing out flyers and posting on community billboards (actual, online, or both) will most likely suffice. The most advertising cost you could spend is on newspaper or magazine ads.
- There are several factors to consider before you embark on this business.
- A teaching degree is not necessary to become a qualified tutor. However, at the very least you should have some sort of teaching experience to give you a competitive edge. This will assure prospective new clients that you know what you are doing.
- It is necessary for you to commit a major fraction of your time to the business. A tutorial session can last for approximately one hour. The best time allocation for elementary and high school students are after school and during weekends. Older students on the other hand would probably prefer to have their sessions after dinner. When scheduling your day, make sure you give a leeway between sessions so you have time to prepare for the next student or group of students.
- The rate will depend on the difficulty level of the subject you will be tackling and the number of pupils you have to teach at any given time. Location is also a consideration. There are instances where the students go to the tutors home or it could go the other way wherein it is the tutor that comes to the student’s home. On average, tutorial rates range from $15 to $40 per hour.
- Finally, you need to create a resume. Define the subject area and the student age group you want to concentrate on. Then, make a list of all your educational credentials and qualifications. Make sure you include your previous tutoring and other teaching related experience. Your resume will come in handy when you go around schools to offer your services.
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