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"Private Tutoring Business": How to Get Started

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Private tutoring is an age old business that acts as a supplement to the school education. Like any business involving children, this business offers a massive opportunity in the multi-billion Dollar children industry. Not only it requires a relatively low startup investment, but the entry barrier is also relatively low, provided you got an expertise, albeit small, for any subject of children's education.

The main challenge you will find in this business is how to market yourself to get your client base, with a tight competition in the business. Once you got a stable client base, however, it will continue to grow as long as you provide a satisfying service for both the children and the parents.

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Interested in starting this business and getting a scoop of the massive children education industry? Here are a few tips to help get you started.

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1. Startup Investment
You can start with a computer, a reliable internet connection, and an investment in the necessary textbooks. You can rent a space, making your business a more professional tutoring service which will increase your credibility and marketability. However, renting a space can be costly, depending on your location, and you can make this business a home-based or mobile one, visiting clients' house or using a public space like a library. You can start with as low as below $1,000.

2. Subject and Age Group Selection
Although technically a more difficult subject and an older age group can net you more money, focus on a subject and age group you're comfortable with to maintain your quality, ensuring the satisfaction of your clients.

Even adults sometimes need tutoring on a certain subject, and many unusual subjects are also available to further sets you apart from the competition, so make sure to do enough research for all the available options.

3. License and Permit
Most location won't require a special license or permit before you can engage in this business. However, it can vary with your location. Consider consulting your local authorities to get a better picture regarding license or permit requirement of your location.

If you will be tutoring in your home or a public commercial property like a library, consider getting a liability insurance. Consult your local insurance agents to get the best option available.

4. Marketing
As mentioned, building your initial client base might be a challenge in this business. In this digital age, promoting online with a website and social media will always be beneficial to any business. Traditional marketing collaterals like fliers and brochures might also help.

After you got a steady client base, however, you can rely on their word-of-mouth recommendation. Make sure to maintain good relationships with all clients. If you have a schoolteacher friend, they might also help recommend your service to their students.

Earning Potential

The U.S. national average earning for teacher is above $50,000, and with you being an independent tutor, you can certainly earn above the industry average with your more flexible schedules.

The key to success in this business is building and maintaining your client base, as well as keeping your knowledge of your preferred subject always up to date.