The COVID-19 crisis has shown us just how valuable private tutors can be, providing high-quality learning opportunities outside of school. If you love working with kids and want to specialise in children’s education, here’s how you can go about launching your tutoring business.
According to Tutor House, there are around one million private tutors in the UK. Sector analysts believe at least a quarter of British pupils have used a private tutor at some point, and 40 percent of this group is from London. This puts the private tuition industry at a value of £2 billion (Superprof), which means the UK is one of the world leaders when it comes to providing extra educational services.
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Here’s why you might want to consider joining the booming sector.
Advantages of starting a tutoring business
- There’s a high level of demand - As academic pressure on children and young adults rises, more and more parents are turning to private tutors to help them boost their grades. Exam results are becoming increasingly important when it comes to securing a spot at senior school, sixth form college, or university, so many people are willing to shell out for extra educational resources.
- You can work part-time and choose the working hours to suit your lifestyle - Tutors can set their own schedules, which should allow for a healthier work-life balance. However, most of your sessions will need to be held outside of school hours, so make sure this works for you. Becoming a tutor could be a great idea for those with a full-time job who want to earn a bit of extra cash on the side. Having said that, a large number of home-schooled children also opt for additional support, which you could provide during the day.
- Many tutors work from the comfort of their own home - You have a few options when you decide to launch a tutoring business. If you don’t want to rent a dedicated workspace, you can ask students to come to you or offer virtual classes over the internet, saving you time and money.
- You’ll see new faces - As a tutor, you’ll welcome students into your home and work closely with them until they’ve reached their goals. In contrast to sitting in an office with the same team around you all day, you’ll constantly be introduced to children and their parents, which should add excitement to your day.
- It’s rewarding - You’ll feel a huge sense of satisfaction when you help pupils reach their goals. With your help, students will achieve higher grades, and this will change their career prospects. In fact, you’ll probably change your pupils’ lives for the better, so you’ll be able to see your hard work pay off.
How to start a tutoring business
It’s clear there’s plenty of demand for tutoring businesses, but how do you go about setting one up? Here are the things you need to consider when you get started.
- Your specialist subject - When you first start out, it may be a good idea to offer tuition in one or two subjects and branch out later. When you make your decision, think about whether you’d like to appeal to a certain demographic. You could target a certain age group, or children with special education needs, for example. You could even focus on helping with school homework.
- Your location - Most tutors work from home, but you’ll need to make sure your apartment or house is suitable. If you live in the middle of nowhere or don’t have room for a large table, you may want to consider renting a workspace. This will increase your ongoing expenses, but it will make you seem more professional and help you attract more customers.
- Your price - Take a look at rival tutoring businesses in the area and how much they charge for their services. You’ll need to make sure your price is high enough to turn a profit but low enough to appeal to a large number of families.
- Your team - Decide whether you’re going to be the only employee in your business or whether you’ll hire a team of tutors. If you do, you’ll need to have a higher budget and great management skills.
- Your marketing plan - Promoting a tutoring business is a little different from advertising other types of companies; you’ll be aiming marketing material at parents, even though you’ll be working with their children. You’ll find it easier to persuade them if you can demonstrate your expertise, so consider getting extra qualifications, or starting a blog and posting new content regularly. You could also promote your business by approaching local schools, libraries, or other places where families regularly visit.
Join a tutoring franchise
You might be pleased to know you can fulfil your dreams of starting a business working with children whilst benefitting from high levels of financial security and brand awareness. How? By joining a tutoring franchise. We have a range of different investment options in the children’s education sector, including part-time franchises and home-based businesses.
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Here’s more information about one of our most recognisable franchise opportunities.
Kumon was founded 50 years ago and has used the ‘Kumon Method’ to help over four million students worldwide improve their grades.
- Becoming a Kumon franchisee: This tutoring franchise offers you the chance to buy into the world’s largest after-school education programme. You can find out more on its profile page here on Point Franchise.
- How much you need to invest: Initial investment comes in at £3,000, and you should see a return of between £30,000 and £50,000 per year, depending on the size of your Kumon centre.
- What you get for your investment: Kumon runs a six-part training session dedicated to honing your business skills. You’ll benefit from Kumon’s wealth of experience in the sector, as well as its promotional campaigns and helpful resources.
Find more tutoring franchise opportunities
We have a variety of different tutoring franchises on our books. Browse the list of businesses on the lookout for savvy entrepreneurs to find an investment opportunity to suit your budget and requirements.
Alice Tuffery, Point Franchise ©