Starting a tutoring business

[Radon]

Greetings!

I'm a high school student who would like to start a tutoring business. I have saved up a bit of money over the past few months and want to begin and could use some tips.

As I am highly proficient in mathematics, reading, science, and language, I figure I could earn money by providing tutoring services.


My plan is to register a company, get some resources (books, packets, etc), and then begin marketing my business.

My marketing plan includes:

- low cost newspaper advertisements
- bandit signs (that look good)
- business cards
- word of math
- contacting schools and seeing if I can pass out flyers
- selective mailing
- advertising at special interests/special needs events or areas


My plan is to offer tutoring in any subject for $14 per hour. Alternatively, people could purchase a tutoring package: that is, 3 hours per week for one month for only $138 (which would be less than $12 per hour, saving around $30). My costs would be low since this is primarily service based: gas, books, et cetera

After I grew to the point where I could not add more clients to my schedule, I would look to hiring people - particularly college or high school students that are qualified. If I hired them for $8.50, they could make extra money tutoring and I would earn $3.30 for every hour of work they provide.

My plan is to start tutoring, then grow and employ other students.


Any thoughts?

[chanson]

It's good to see you have put some thought into it. There is a few things to remember in the long-term. Employees hourly wage is not the only cost involved with them. You can raise your rates once you reach that point don't under-value yourself or your service. In that regard be sure to do some research on competitors and there rates.

I would look for some type of courses you can take that might give you some certifications. You are just a young guy so that is going to be one of your biggest obstacles. For example you could take a TESL course so you can prove your capable of teaching foreigners the ways of english. I think flyers at schools, free or paid classified ads, and word of mouth will be your best sources of work.

Good on you for taking the time to plan things out. You still have some planning to do, but your on the right track.

REMEMBER: It is still a business so work on expanding your knowledge of how to run a business etc etc. Places like this(YE) arent bad, but it is a lot more opinion then fact around here. Everything I just told you could be completely ass backwards!

Chris