Tutoring Service Business Plan

Tutors help students keep up with course material, prepare for big exams, and improve their academic development.

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If the federal No Child Left Behind Program is a force in your area, consider it in your market strategies. Since it's funded by the federal government, you will always get paid (although it may be late). For example, it may make sense to market college entrance exams (the ACT and SAT) strictly to parents of high school juniors and seniors. The school newspapers and game programs sometimes accept advertising so look at that avenue to get students. This section covers everything from business hours to key personnel to reporting. For tutoring, consider a labor expense of 25 to 30 percent of revenue.

Start-up business owners often struggle, but if you invest the time and energy in the right ways, and provide exemplary service and fair prices, soon you’ll be the one offering advice to other tutors starting a company.“To become a successful owner one must be able to connect dots," shares Clark.

Summer may be the perfect time to start a small business as a private tutor.

While many private tutors are successful on a part-time basis, supplementing their regular income, private tutoring can also make a great small business.

Tutors are always in high demand, and the global private tutoring industry is expected to exceed 2.8 billion by 2018.


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