Dolly Rawat

Dr A.P.J.
ABDUL KALAM TECHNICAL

UNIVERSITY LUCKNOW
A
Project
Report On
Innovation Idea for Product & Services
TOPIC:- BUSINESS IDEA & TUTORING
UTTAM GROUP OF INSTITUTIONS
Submitted By:- DOLLY

RAWAT
MBA 1st Sem.
2006170700034 DOLLY RAWAT

Contents
1. Online Tutoring – The Opportunity ......................................................................................

2. Top Online Tools for Tutors and Tutoring Companies .........................................................
3. Getting Started - Online Tutoring Platforms.........................................................................
4. Finding Students for Your Online Tutoring Business ...........................................................
4.1 Traditional Methods ..........................................................................................................
4.2 Digital Marketing Methods...............................................................................................
5. Differences in Face-to-Face and Online Tutoring ..............................................................
6. Additional Skills for Online Tutoring .................................................................................. 4
7. Mistakes to Avoid When Setting Up Your Online Tutoring Business .................................

Acknowledgement
I am using this opportunity to express my gratitude to everyone who supported me
throughout the course of this MBA project. I am thankful for their aspiring guidance,
invaluably constructive criticism and friendy advice during the project work. I am
sincerely grateful to them for sharing their truthful and illuminating views on a number
of issues related to the project.
I express my warm thanks to for their support and guidance.
I would also like to thank my project external guide and all the people who provided
me with the facilities being required and conductive conditions for my MBA project.
Thank you,

1. Online Tutoring – The Opportunity
Once upon a time, private tutoring was

a person-to-person kind of business.
Teachers and graduate students with
time to spare helped out neighbourhood
children with their studies, and received
a modest 10-12$ per hour. Tutors
mostly taught subjects such as
mathematics, science and English. The
tutoring methodology remained the
same month after month, student after
student.
Fast forward to the digital age and

things could not be any more different.
Online tutoring is revolutionising the
way tutors teach and reach out to their
students.
Today for a tutor with the right skills and teaching experience 'the world is a stage'. A tutor can be
based anywhere from Tamil Nadu (India) to Texas (USA) and remotely teach students in their home
country or in lands across the sea. Online tutors are using myriad online tools to aid the remote
teaching process.
It’s not just your average school-going student that is seeking online tutoring services. Graduate and
postgraduate students as well as professionals are increasingly looking to improve their technical
skills and industry expertise with the help of online tutors. Apart from traditional school subjects,
higher education and management subjects such as logistics and supply chain management,
competitive exam preparations, business administration, accounts and finance, lean and six sigma,
human resources, project management, and language courses (especially TOEFL and IELTS
coaching) are being tutored online.
Not surprisingly then that the average online tutor can earn anywhere between $10 to $100 an hour
(or even more) depending on their academic qualifications, experience, and technical expertise.
The private tutoring industry continues to experience exciting growth rates. In 2007, education
research firm EduVentures estimated the size of the tutoring industry at $5 billion to $7 billion a
year. Just five years later, a 2012 “Private Tutoring: A Global Strategic Business Report” by market
research firm Global Industry Analysts (GIA), estimated that the global private tutoring market will
As per the GIA study, 90% of the demand for private tutoring services is accounted by United
States, Europe and Asia-Pacific countries, mainly Hong Kong, Japan, Singapore, South Korea, and
China. India has emerged as a leader in e-tutoring services at affordable rates (especially
mathematics), with the US serving as its biggest customer base.
The online tutoring industry is increasing rapidly because of the failure of the academic system to
cope with the needs of the students, and the desire of parents to provide the best possible education
for their children. Slashing of public school budgets in many countries has worsened teacher-studio
ratios. In some countries, the vast curriculum has made it necessary for parents to enlist the services
of private tutors. Other reasons for the explosion of online tutoring in recent years include poor
school infrastructural facilities, unprecedented competition (especially for coveted courses such as
engineering), and the need for young tech savvy professionals to constantly upgrade their skills.
In fact, despite the 2008 global financial crisis, private tutoring grew by 7% between 2009 and 2010.
The demand for online tutoring services will continue to rise as global conditions slowly improve
and unemployment rates decrease.
The growing number of online tutoring platforms and technologies has substantially bolstered the
online tutoring market by making it easier for tutors to reach students. Let us look at some of the
web applications used by online tutors and training organizations.
2. Top Online Tools for Tutors and Tutoring Companies
Online tutoring allows students to find the right tutor at

the right price, regardless of where the tutor is located.
For individual tutors and training organizations, online
tutoring throws open an immense business opportunity.
However, online tutoring presents its own sets of sets

of challenges, such as the lack of 'human interaction'
and difficulty in managing remote student sessions.
Thankfully, while online technology poses a problem,
it also offers the solution. There are several software
applications, which improve the learning experience
and streamline the tutor and the student interaction.

Here are 5 of software tools for improving and managing your online tutoring business:
1. Skype
Skype is a great free tool for video and voice chatting. The best part
is that almost everyone who has a computer or a smart phone has
used Skype at some point. The application offers multiple benefits
for online tutors -
Schedule Skype tutoring sessions with students as per your
convenience
Share your screen, without giving control to the other person
Share files with your students
Take screenshots of the video session
Type messages during the video session
Use emoticons to add a fun touch to an online session
2. Online Whiteboards
Virtual whiteboards work pretty much like the physical whiteboards

you see in most training rooms. Everything that your write or draw
on the virtual whiteboard is visible to your students. Combining the
use of a virtual whiteboard and Skype does a good job of simulating
the classroom
experience. IDroo, is one online whiteboard application which works perfectly in sync with Skype.
There are several free online whiteboard apps you can choose from, such as Sketchlot, AWW,
PixiClip, Stoodle , Scribblar, and Realtime Board.
3. Cloud Storage - Dropbox and Google Drive
Free cloud storage services such as Dropbox and Google Drive allow you to store, update, and share
your training resources with students at anytime, from your home or office. These online storage
websites offer the following advantages -
As long as your students have an account, adding, updating and sharing content is a breeze. For
instance, students can submit their assignments on Dropbox and share the file with you by simply
sending a link.
Share only the folders you want students to access
Easily share videos and images with your students
Students can access these shared files no matter which device they use
Collaborate with your students in real time. Google Drive allows more than one person to work
on one document simultaneously.
These websites also act as data backup for your digital training resources.

4. YouTube
Apart from conducting online-personalized sessions through Skype, tutors and training organizations
are using YouTube to share educational resources for existing and potential students. Create your
own YouTube channel and upload videos recorded by you on your subject of expertise. The Khan
Academy for instance has uploaded 33,856 educational videos and has over 2,100,000 subscribers
on YouTube. Apart from giving anytime, anywhere access to educational content to your students,
this is a great way of establishing your online brand as a tutor and training organization.
5. Business Management Software
In addition, to enhancing the teaching experience, you can also use applications to manage the
business and administrative aspects of your tutoring business. Comprehensive business management
software such as Teachworks and TutorPanel can help you with the following -
Scheduling tutoring sessions
Managing training calendars
Automating session reminders
Reconciling training sessions and invoicing students
Automating billing and payment receipts
Business expense and revenue reports for a better understanding of your business
Using these and other online tools of your choice, is a great way to offer a consistently high quality
experience to your students, whilst making it so much easier to manage your business.
3. Getting Started - Online Tutoring Platforms
Online tutoring platforms make it easy for you to teach effectively outside the traditional classroom
environment. There are two types of online tutoring websites –
Those where you are teach academic curriculum to school and college students (such as
Tutorvista and eTutorworld), and
Those where you can market interactive online courses on academic, professional and
lifestyle topics ( such as WizIQ and Udemy)
There are several benefits to enrolling with an online tutoring platform –

These websites offer one-on-one chat hosting as well as other technological tools to facilitate
live interactions with your students.
They provide you with information on international course curriculums
You can reach potential students across the globe at no additional cost

These platforms offer you a great opportunity to work part-time or full-time depending on your
availability
However, there are some caveats. Many websites teaching academic curriculum require a weekly
commitment on the number of hours you will work. Depending on your time zone, you may be
working odd hours as many of the students using these tutoring websites are from the US and UK.
Also, while most sites hire graduates for certain subjects and grades, there is a strong preference for
tutors who have a Master's qualification.
Here are 7 online training platforms to help you get started with online tutoring.
1. Tutorvista.com
Tutorvista is one of the leading online
tutoring
platforms with 2000 tutors from India, United States, UK, Australia, China and South East Asia. It
boasts of
more than 6.5 million successfully completed online tutorials. They hire tutors to teach English,
Math, Physics,
Biology and Chemistry from Kindergarten to the undergraduate level. Fill their contact form to
apply as a tutor.
2. eTutorworld
With e-Tutorworld, you can interact with your students using an online whiteboard, voice and web
chat. The site covers Grades 3-12 (Math, Science and English) as well as AP and College
Foundation courses. They hire tutors from all parts of India, with a minimum qualification of a
graduate degree. Email them at contact@etutorworld.net for more information on available tutor
opportunities.
3. e-Tutor
eTutor provides in-depth curriculum tutoring to students anywhere in the world. It offers e-tutoring
services for Maths, Language Arts, Science and Social Studies for students in Elementary, Middle,
or High School. To to be considered for a tutoring position you must have a Bachelors degree,
experience in working with students of all ages, and complete a lesson module available on their
website.
4. Transtutors
Transtutors is a platform where students from different schools and colleges can get help on their
homework, assignments, projects and essays, as well as one-on-one tutoring lessons from subject
matter experts. The website assists students from grade 4 up to university and doctoral level
programmes. You need to fill an application form to sign up as an expert with the website.
The online tutoring industry is extremely competitive, as you are literally competing with tutors
from across the world. Apart from enrolling with online tutoring websites, you must actively
promote your services.
The good news is you don't need big advertising budgets to promote your online tutoring business.
Here are some easy ways to reach potential students on a limited budget.
4.1 Traditional Methods
The traditional methods of advertising your business include local newspapers ads, posters, flyers,
and brochures.
The key to any successful marketing campaign is finding the right target segment, which in your
case are parents and students. So if you are looking to place posters, handout brochures and flyers,
where better to reach your target audience than these locations -
i. Schools and libraries

Some schools may give permission to pin your flyer or poster on the school notifications board.
Speak to the school education counsellor to check if that is indeed possible. Otherwise, simply
handout your business cards and promotional material as students and parents exit the schools.
ii. Community Centres

Community centres attract local crowds especially around specific days or occasions. Visit the
offices of local community centres for permission to display / distribute your advertising
material at the venue.
iii. Libraries
Check with public libraries as well. Most have bulletin boards for displaying local information
resources, and your online tutorial poster could be one of them.
iv. Local coffee shops and popular student areas
Identify coffee shops popular with college students. Also, identify markets that students
frequent (for instance for buying academic material, or for using services such as printing,
Xeroxing and binding).
It is important to be creative in your marketing strategy. For instance, while advertising in

newspapers and telephone directories is often expensive, your local newspaper deliveryman may be
willing to distribute promotional flyers along with the newspapers at a nominal fee. Register your
A website that details who you are and what your offer is simply a business essential. You don’t
have to hire an expensive website designer. Use blogging websites such as WordPress to create your
own website complete with your contact information and customer testimonials.
ii. Blog
Having created you website, the next step is to showcase your expertise. And what better way to
do that then blogging. You can add blog content on your own website as well as contribute
content to blogs on other websites. Familiarise yourself with the concept of 'SEO' of search
engine optimization. Incorporate SEO tactics such as using the right keywords and meta
description to improve your website’s rankings on search engines.
iii. Register with Online Directori

Registering with popular online tutoring directories is a great way to allow potential students to find
you. For instance, if you are an online tutor in India, register with My Private Tutor to create a
detailed online tutoring profile and receive queries from students anywhere in the country. You can
also respond to online tutoring job requirements posted by students and parents on the website.
iv. Google Places Profile
Be found by customers using Google with Google Places, a free online local business listing service.
Your students
can also show their appreciation for your help using the +1 button, and share your Google+
content across the web.
v. Email campaign
According to a 2012 McKinsey Survey, emails are 40% more effective at acquiring customers
than social media (Facebook and Twitter). Assuming you have an email base of your likely
customers, you can design and send thousands of emails for free or at minimal cost with email
marketing software such as Mailchimp, ConstantContact , AWeber and Infusionsoft.
It may seem difficult to juggle so many business promotion techniques all at once. Start with a few
of these marketing techniques and gradually incorporate all the promotional elements. Business
promotion has to be a continuous process. Be patient, and your efforts will pay off.

5. Differences in Face-to-Face and Online Tutoring
To succeed at online tutoring, it is important to recognize the difference between conducting face-to-
face and online tutorials. Here is a quick look at the benefits and drawbacks of both tutoring methods
Face-to-Face Tutoring
Advantages
Compared to online tutorials, face-to-face (FTF) tutoring allows for more personalized
interaction. When you meet students on a recurring basis, chances are you will get to know
more about them, such as their family background, hobbies and career goals. When students
feel at ease they tend to be more communicative, which is essential for a successful tutor-
tutee relationship.
In addition, during the FTF session it is easier to spot the non-verbal cues exhibited by
your students. A frown on the face, scratching of the forehead, or looking elsewhere, may
indicate that your tutee is perhaps not following the lesson. It becomes easier to identify when
you need to change pace or teaching approach to match the student’s level of understanding.
FTF tutoring is more suitable for if you are teaching certain lower age groups (e.g.
elementary school), or certain subjects (for example linguistics and art).
Disadvantage
The main disadvantage of FTF tutoring is its inflexibility. Either you or the tutee has to travel
to the place of teaching for the session. Therefore, your potential to teach a higher student
base and increase your earnings is restricted by your geographical location.
Online Tutoring
Online tutoring presents its own sets of advantages and disadvantages for the tutor.
Advantages
The biggest advantage online tutoring is the greater scope for work. You can teach
students in any part of the world. In addition to regular online tutorials, you can also provide
real-time assistance to different students on their homework and project assignments.
Online tutoring can be provided at a lower cost than FTF

tuition, which means more students can afford your
services.
You are more approachable to your students. Apart from

your scheduled sessions, your students can easily request for
ad hoc tutorials from the comfort of their home. Your FTF
students can continue to seek tutorials online even if they
move to a different location.
With young people preferring to interact more and more in

the online space, 'online tutoring' seems to be the more
appropriate way staying relevant to your students. You
can share online files, videos, infographics, and other multi-
media content in addition to the textual course material.
Disadvantages
Online tutoring is not for everyone. For instance, the child is not tech savvy or does not
have access to a computer and internet at home.
Focussing on an online tutorial requires greater discipline from the student. The student
needs to keep track of the tutorial sessions, log on in time, and stay attentive all through the
remotely conducted session, which you have to admit, is not easy.
Regardless of its limitations, online tutoring is here to stay. If you want to succeed as an online tutor,
you will need to make some changes to your tutoring approach.
Here are some tips to improve tutee involvement during online tutorials –
Answer as many questions as you can orally.
Share the tutorial discussion schedule with your students in advance. Ask the student to email
partially completed work or question sheets in advance of the tutorial.
Ensure that your computer has a webcam to facilitate video discussions.
Use technology to simulate classroom teaching. For instance, online whiteboards.
Use applications such as Teachworks and TutorPanel to automate tutorial reminders for your
students and their parents.
When teaching younger students, it’s a good idea to schedule fortnightly or monthly online
discussions with parents. Building a relationship with the parents is an important part of the
tuition process.
Online tutoring holds exciting possibilities for both the tutor and the tutee. The onus is on you to use
the latest techniques to make the session as engaging as possible for your students.

6. Additional Skills for Online Tutoring
Whether you are tutoring face-to-face or conducting an online session, the basic skills required to
tutor are the
1. Planning
You need to plan every aspect of your session. Here are some suggestions.
Provide clear guidelines to your students, including course objective, teaching methodology,
frequency of sessions, and assessment process
Provide administrative support to students/ parents; for instance, you could provide a weekly
schedule for topics, and send email/ text reminders with the session time and date.
Plan how you intend to conduct each session. For instance, the method of communication
(email, chat or video) will vary with the topic as well as the needs of the individual student.
Use necessary technology to improve the learning process
Incorporate end-of-session assignments to reinforce the discussion
2. Use latest technologies

Be willing adapt the latest technologies to make the learning process creative and interactive. Take
the time to explain to your students how the technology will be used during the tutorials. Change is
the only constant and nowhere is that more obvious than in the field of e learning. Online tutors, who
fail to use new technologies and be innovative, will not survive for long in the business.
3. Be Responsive
The lack of face-to-face contact has to be substituted by greater communication between you and the
student and parents.
Check your e-mail once daily (at least).
Respond to emails and texts from students promptly
Respond in a professional, but in an easy to understand language

Mistake 1. Spending too much money at the start
You have to be careful with your money initially. All
you need to get started are a laptop or computer with a
webcam and a good headset. Instead of expensive
gadgets, download free online tools (such as Skype) to
interact with your students. To begin with, enrol with
online tutoring platforms free of cost. Spend on print
advertising after you have some money flowing in.
Mistake 2. Unclear terms and conditions

When you run your own business, time is money.
Should sessions be prepaid or paid on completion? Will
you levy cancellation charges for last minute session
cancellations? Will you refund money if the
student fails to achieve a certain grade in the subject? These are all aspects of your business
you need to think about and document as part of your 'terms and conditions'. Share these with
the students and parents before commencing the tutoring classes.
Mistake 3. Failing to price your tutoring services correctly

Tutoring is a highly competitive business. When you are starting out, it is common to feel
pressurised to set a price lower than that of your competitors. However, competition is only
one of the factors that should determine pricing. You possess a unique set of competencies,
skills, experience, and qualifications. Consider those as well. On the other hand, overpricing
could lead to failure of the business. Study the market and target audience to avoid
overpricing your services.
Mistake 4. Failing to define a niche

While you may feel confident in being able to teach anything, it is important to define your
expertise. Perhaps you can teach multiple subjects such as Maths, Literature and Science, but
if your core qualification is in teaching English, then use that as a marketing point. The more
you work in a certain area, the more you are able to help students. As you gain experience,
you also get to charge a higher price.
Mistake 5. Failing to invest time and effort in online marketing

Today every business needs to have an online identity, which means having your website,
blog, and social media pages. More young people are browsing and 'shopping’ online. As
alien as the concepts may appear initially, familiarize yourself with website design and search
engine marketing. Get reasonably priced professionals to help with your website, through
freelancing websites such as oDesk and Elance.
14
How to Start a Profitable Home Tutoring Business
Of the many good business ideas that you could pursue, tutoring is among the most flexible.
You can offer tutoring as a home business. Or you can offer it online. And you can easily do
this business part time.
Good primary- and secondary-level education is considered to be the foundation of a sound

future. As such, plenty of stress is laid on children to pass their examinations with flying
colors. This has lead to an increase in demand for tutors who can stimulate the minds of
gifted students and assist students with their studies outside the classroom. And it has become
one of the most popular businesses that you can start.
On top of all this, students are faced with growing competition in every field. In order to gain
an edge in such a competitive world, some extra help is always welcome. Establishing a
home tutoring business is thus an excellent means for teachers to earn extra money while
helping students achieve their dreams. So, let’s take a look at how you can start a profitable
home tutoring business.
Create a Plan
Just as you would with any other business, you will need to create a business plan for
successful and profitable home tutoring. Play to your strengths and research the market for
competition. Today, tutoring goes beyond academics. This means you can also leverage your
skills in music, dance or art and convert it them into assets for your business. Researching
competitors will allow you to craft a better business plan, decide on pricing and services, and
eventually set your business apart.
Determine the Services You Will Offer
Your strengths will help you determine the extent of services you can offer as a home tutor.
This includes the geographic area you will serve and which subjects and which age group you
will cover. You must factor in these points along with your strengths and market demand
when determining your service offerings.
Set Your Prices
Setting the price for your services is a crucial step, and your market research will enable you
to make the best pricing decision. Since tutoring rates vary according to the subject, age and
location, you will need to gauge the market price for home tutoring in order to come up with
the best price. Make sure you deliver value for the price you set for your service in order to
create goodwill and attract more students.
Publicize and Advertise Your Home Tutoring Services
Publicizing your services is one of the most important parts of establishing the business.
Although word of mouth is great to promote the service during the initial period, you will
eventually need to invest in advertising to grow your business over time. Traditional
advertising methods include distributing brochures to students and interacting with students
looking for tutors. Apart from that, online advertising is another cost-effective and quick
channel for promoting your services.
Operate and Improve Your Service
The quality of your services will determine the success of your business in the long run. Once
you start operating, pay attention to what works best and the problems you are facing. These
observations will help you eliminate hurdles and improve the quality of services. Continuous
improvement will help you gain an edge and remain at the top of the market.
Academic tutoring is in high demand these days because of the expectations placed on
students, which makes it a lucrative business opportunity for skilled and interested
professionals. Take hint from these tips to start your own home tutoring service today.
Tutoring business is one of the few businesses which requires a very limited budget in the
beginning and has no limits in terms of growing the business.
People or students always need tutors to pass some important examinations or prepare for
higher studies. Tutoring business in a highly demanding business and can be started with
limited resources.
In the beginning, you can start a business alone by yourself and can hire more tutors to
expand your business anytime in the future.
Moreover, you do not always require a college degree to start a tutoring business. Many
clients are willing to hire professionals with significant experience and skills regarding the
subject.
If you want to be a solo tutor it's okay to work without a business plan. But if you want to
expand and grow your business, you will need a business plan.
To write a business plan, you can use our sample ABC - Tutoring Business Plan created
using upmetrics business plan software and start writing your business plan in no time.

Before you start writing your business plan for your new tutoring business, spend as much
time as you can to reading through some sample business plan written for the education and
training industry.
Reading sample business plans will give you a good idea of what you’re aiming for and also
it will show you the different sections that different entrepreneurs include and the language
they use to write about themselves and their business goals.
We have created this sample Tutoring Business Plan for you to get a good idea about how a
perfect tutoring business plan should look like and what details you will need to include in
your stunning business plan.\
Start a home tutoring business by following these steps:
You have found the perfect business idea, and now you are ready to take the next step.
There is more to starting a business than just registering it with the state. We have put
together this simple guide to starting your home tutoring business. These steps will ensure
that your new business is well planned out, registered properly and legally compliant.
Check out our How to Start a Business page.
STEP 1: Plan your business

A clear plan is essential for success as an entrepreneur. It will help you map out the
specifics of your business and discover some unknowns. A few important topics to
consider are:
 What are the startup and ongoing costs?

 Who is your target market?
 How much can you charge customers?
 What will you name your business?
Luckily we have done a lot of this research for you.
What are the costs involved in opening a home tutoring business?

Arguably, the most attractive thing about a home tutoring business is that there is very
little cost to open it. This because there is no need to buy or rent a dedicated office space
for the business: all of the tutoring takes place in either your home or theirs. Accordingly,
there is none of the overhead and utilities costs associated with the office space of a
typical business. For marketing and research purposes, you will need a computer and
internet connection, but you likely have those at your home. Similarly, if you are driving
to students' homes, you will need to pay for fuel. You may pay for more traditional
marketing, possibly spending thousands of dollars on a professionally-designed website,
traditional advertising, and a bevy of brochures and business cards. However, it's
important to note that much of the marketing for this business—advertising via social
media, outlets such as Craigslists, and via in-person networking at schools and other
locations—can be done with no investment except for your time.
What are the ongoing expenses for a home tutoring business?

The ongoing expenses for a home tutoring business are truly minimal. You must pay for
fuel to travel to area homes and schools, and you should always have professional
business cards that you can hand to area schools, administrators, and counselors, which is
part of an ongoing advertising expense that may also include local commercials. Beyond
these expenses, however, there is little to pay for.
Who is the target market?

The best customers for a home tutoring business are regular ones. Because you are
charging an hourly fee (and should not really be charging any other kinds of fees on top of
that), some of your best customers will be those whose parents are trying to help them
succeed with a subject in school. If they reach out to you early enough, you may be
tutoring them for a semester or two—anywhere between 16 and 32 weeks. Aside from
that, some of your best customers will be college students and adult learners, as these are
the groups who realize that sessions with you are an investment to either save or make
them more money, respectively.
How does a home tutoring business make money?

The business model for a home tutoring business is very straightforward: you typically
charge clients a fixed hourly fee. This fee should accurately represent both your education
and experience in the chosen subject and should also account for the average price of your
competition in the area.
How much can you charge customers?

The price to charge for tutoring should be commensurate to the complexity of a subject
and how experienced you are. As with any business, you should also be mindful of how
much the competition is charging. Typically, you should charge students between $30 to
$40 per hour for standard tutoring. If you are teaching them something much more
complex, or if you are the only tutor for this subject in an area, you may consider charging
more than this, especially after you have established your reputation within the
community. However, you should be wary of pricing yourself out of business: students

see this cost as additional to what they are already possibly paying (especially college
students who have paid for expensive textbooks and even more expensive classes).
How much profit can a home tutoring business make?

The profit for a home tutoring business is entirely dependent on your hourly rate and the
number of students you have at any given time. For instance, if you stay relatively busy,
tutoring for 30 hours a week and charging a minimum of $30 per hour, the annual wages
would be $46,800 gross income. That jumps to $62,400 gross income, though, if you
charge $40 per hour. Obviously, that amount can go higher with more hours and/or a
higher hourly charge, but it is important to be mindful of the season: summer typically has
much fewer students than other seasons because your primary clients—students--are
mostly out of school. When budgeting profits for the year, it is important to remember
that.
How can you make your business more profitable?

At the risk of sounding redundant, the primary path to a more profitable home tutoring
business is more students, and the primary path to more students is more advertising. In
addition to the previously-mentioned advertising via print, television, social media, and
networking with local schools and community centers, you might consider offering free
workshops or seminars at local schools and colleges. This helps you both advertise your
services and demonstrate your value to potential customers, and it may eventually
blossom into a nice “sideline” job for you to begin charging for later, more in-depth
workshops and seminars. You may also consider guest publishing on educational blogs or
blogs related to your field—this helps you become more of an established name when
someone is looking for more specialized instruction. Finally, don't underestimate the
importance of featuring customer reviews on your website and social media page. Your
students will tend to be millennials or younger, and they like the ability to research the
experiences of others before they commit to paying for your services.
What will you name your business?

Choosing the right name is important and challenging. If you don’t already have a name in
mind, visit our How to Name a Business guide or get help brainstorming a name with
our Home Tutoring Business Name Generator
If you operate a sole proprietorship, you might want to operate under a business name
other than your own name. Visit our DBA guide to learn more.
When registering a business name, we recommend researching your business name by
checking:

 Your state's business records
 Federal and state trademark records
 Social media platforms
 Web domain availability.
It's very important to secure your domain name before someone else does.
Small Business Taxes

Depending on which business structure you choose, you might have different options for
how your business will be taxed. For example, some LLCs could benefit from being taxed
as an S corporation (S corp).
You can learn more about small business taxes in these guides:
 LLC Taxes
 Sole Proprietorship vs LLC
 LLC vs Corporation
 LLC vs S Corp
 How to Start an S Corp
There are specific state taxes that might apply to your business. Learn more about state
sales tax and franchise taxes in our state sales tax guides.
Open a business bank account & credit card

Using dedicated business banking and credit accounts is essential for personal asset
protection.
When your personal and business accounts are mixed, your personal assets (your home,
car, and other valuables) are at risk in the event your business is sued. In business law,
this is referred to as piercing your corporate veil.
Additionally, learning how to build business credit can help you get credit cards and
other financing in your business's name (instead of yours), better interest rates, higher
lines of credit, and more.
Open a business bank account
 This separates your personal assets from your company's assets, which is necessary
for personal asset protection.
 It also makes accounting and tax filing easier.
Set up business accounting
Recording your various expenses and sources of income is critical to understanding the
financial performance of your business. Keeping accurate and detailed accounts also
greatly simplifies your annual tax filing.
Obtain necessary permits and licenses

Failure to acquire necessary permits and licenses can result in hefty fines, or even cause
your business to be shut down.
State & Local Business Licensing Requirements

Although there are typically no state or federal licensing requirements that apply to home
tutoring businesses, certain local licensing or regulatory requirements may apply. For
more information:
 Check with your town, city or county clerk’s office for information about local
permits and licenses
 Get assistance from one of the local associations listed in US Small Business
Associations directory of local business resources.
A home tutoring business is generally run out of a residential building. Businesses

operating out of a physical location typically require a Certificate of Occupancy (CO). A
CO confirms that all building codes, zoning laws and government regulations have been
met.
If you plan to lease a location:
 It is generally the landlord’s responsibility to obtain a CO.

 Before leasing, confirm that your landlord has or can obtain a valid CO that is
applicable to a home tutoring business.
 After a major renovation, a new CO often needs to be issued. If your place of
business will be renovated before opening, it is recommended to include language
in your lease agreement stating that lease payments will not commence until a valid
CO is issued.
Most businesses are required to collect sales tax on the goods or services they
provide. To learn more about how sales tax will affect your business, read our
article, Sales Tax for Small Businesses.
For information about local licenses and permits:
 Check with your town, city or county clerk’s office

 Get assistance from one of the local associations listed in US Small Business
Associations directory of local business resources.
Get business insurance

Just as with licenses and permits, your business needs insurance in order to operate safely
and lawfully. Business Insurance protects your company’s financial wellbeing in the
event of a covered loss.
There are several types of insurance policies created for different types of businesses with
different risks. If you’re unsure of the types of risks that your business may face, begin
with General Liability Insurance. This is the most common coverage that small
businesses need, so it’s a great place to start for your business.
Define your brand

Your brand is what your company stands for, as well as how your business is perceived by
the public. A strong brand will help your business stand out from competitors.
Create your business website

After defining your brand and creating your logo the next step is to create a website for
your business.
While creating a website is an essential step, some may fear that it’s out of their reach
because they don’t have any website-building experience. While this may have been a
reasonable fear back in 2015, web technology has seen huge advancements in the past few
years that makes the lives of small business owners much simpler.
Here are the main reasons why you shouldn’t delay building your website:
 All legitimate businesses have websites - full stop. The size or industry of your
business does not matter when it comes to getting your business online.
 Social media accounts like Facebook pages or LinkedIn business profiles are
not a replacement for a business website that you own.
 Website builder tools like the GoDaddy Website Builder have made creating a
basic website extremely simple. You don’t need to hire a web developer or
designer to create a website that you can be proud of.
What happens during a typical day at a home tutoring business?

The primary day-to-day activities of a home tutoring business involve conducting
previously-scheduled tutoring sessions. In-between sessions, you will spend time
reviewing client emails, brushing up on student progress between sessions, and
corresponding with potential clients. You should also spend time seeking out online
learning tools that you can show to your clients as a supplement to what they are learning
from you and what they may be learning at school. Finally, time between sessions can be
a great time to work on advertising for your business.
What are some skills and experiences that will help you build a successful home tutoring
business?
Some of the best skills to help you build a home tutoring business come from having
visible degrees or credentials in your subject area. While it is obviously possible to know
much about a subject from private study, it helps to advertise yourself as having formally
studied a subject for years before starting your business. Others skills include networking
and knowing the local area: having previous relationships with professionals in schools,
libraries, and even venues such as gyms and coffee shops can help you in advertising in
those areas. Finally, skills in basic business management are helpful: you must be able to
keep detailed records, maintain a set schedule, and be comfortable in accepting different
payment methods and following up on bills to students.
What is the growth potential for a home tutoring business?

To some degree, the size of a home tutoring business is limited by its nature. That is,
people are willing to pay a premium for a one-on-one teaching experience, so most home
tutoring businesses eventually reach a limit: specifically, that the tutor no longer has
enough hours in the day or the week to take on more customers. It IS possible for a
successful tutor to eventually create a tutoring center with multiple tutors as employees,
but that requires large amounts of additional

Online courses are the biggest saviours of students and professionals today. From guitar
classes to learning school subjects, online tuitions have brought revolutionary modifications
in the way education was disseminated. Ever wondered how this brilliant idea of the online
study came on the surface?
Historically, online tutoring began with an email. In this format, a student sent a question to
the tutor with the expectation that the return email would contain “the answer.” Instead, what
happened was a disconnection: The tutor, being a good guide, sent back a Socratic answer
with more questioning prompts; the student, expecting “the answer,” became frustrated.
Although the student may expect a give and take interaction in a face-to-face tutoring session,
the email format suggested to the student that the question should be answered with a direct
answer.
This illustration is an example of using technology without fully developing the concept of
tutoring in the online environment. BYJU’S takes a step into the future by introducing a
futuristic form of learning through modern technology available at your disposal.
No longer do students have to carry their heavy books back and forth from school or stroll
through the library looking for information for their next science project. With the help of
BYJU’S online tuition, students can now study from home without actually having to go to a
tutor instead.
Here, we will also discuss some questions that parents and students often have in their minds
like what is online tuition, how does online tuition work, how to start online tuition classes,
what are the advantages of taking online tuition classes, etc.
Instructional technology is becoming more and more prominent in educational settings,

expanding beyond industry and higher education into K-12 environments. A systematic
review indicated that instructional technology was becoming not only prominent in K-12
education but also a progressively more effective instructional strategy.
Programs that offer online services may be able to provide benefits beyond just instructional
support. For example, online learning platforms like BYJU’S offers effective features of
traditional tutoring services, such as research-based curricular resources and well-trained,
qualified tutors, with synchronous supplemental instruction.
Over the past decade, online mathematics tuition has emerged as an effective strategy to
support student achievement in mathematics students showed significant improvement on
mathematics problems after receiving online, interactive tutoring. Not only mathematics but
also other main subjects are being learnt and practised by students through online
education. The gains were experienced only in skills for which students received
tutoring, including problems with non-tutored skills as control items in their analyses.
Advantages of Online Tuition from Home

Although online tutoring has been around for a while now, many students and parents haven’t
yet caught on the possibility of meeting with a tutor virtually, let alone come to recognise its
benefits. Online coaching provides a number of advantages that make it superior to the
conventional method of tutoring in many ways. A few of them are listed below:
Why are tuitions considered important for school students?
In today’s competitive era, students need to be on the edge to score good grades in their
exams. Classroom learning isn’t enough for school students, they need to adopt a new study
pattern and need in-depth understanding of the different concepts. This can be achieved only
through tuition classes, which would support them to deliver their best performance.
Online higher education is in high demand as it offers students the opportunity to learn from
the best lot of teachers of the country no matter where they reside. During their years in
higher secondary and senior secondary education, students need reliable guidance in studies.
Online learning platforms such as BYJU’S provides the best e-courses online to enhance
students’ understanding of all the concepts.
What are the advantages of taking online tuition classes?
Online tuition classes offer several advantages for school students. Some of these include:
 Offers the advantage of individual attention

 Personalised study schedules and techniques
 Boosts morale and confidence of students
 Provides guidance for homework and class tests
 Assists in learning exam strategies and methods
Are tuitions necessary for school students?
Tuitions help school students to score good marks in their exams. To appear in any exam, a
student needs to devote a lot of time, effort, prep time and hard work. Students can perform to
their optimum and score good grades in the exam when they seek experts’ guidance or take
up tuitions to work on the areas which need improvement.
Brick and mortar classes might be a little tedious when it comes to travelling long distances
to and from the coaching classes. Online tutoring services have totally eliminated the need to
do so. Now, students do not need to travel to and from the tuitions. Rather, they can attain the
benefits of online coaching classes while they are at their homes.

How to build your online tutoring business?
In addition to a computer and high-speed internet connection, you’d need an online tutoring
platform to deliver learning in real-time. Video conferencing tools such as Skype may seem
like a convenient option, but the truth is they are not suitable for online instruction. Tutoring
is beyond just face-to-face conferencing and requires a range of other functions such as a
whiteboard, test creator, and breakout room. Also, a tutoring software must make it easy to
teach subjects like science, math, and coding.
Therefore, you need an online platform that supports all these requirements. At the same
time, you’d want something which is easy-to-use, affordable and doesn’t require any IT
infrastructure. WizIQ fits all these criteria and can help you move online within minutes.
Register, schedule a live class, and you’re good to go. No prerequisites. No, IT infra is
needed. No plugins required. Everything you need to tutor online is available.
CONCLUSION
The assessment of student achievement, or understanding what students know and can do, is
fundamental to effective teaching and to students' learning. Unless teachers know students
well and are knowledgeable about their achievements, they cannot be confident that they are
meeting the learning needs of their students.
Scholars have long considered tutoring the most effective form of instruction. Numerous
research studies provide evidence on which to base this conclusion. ... Tutoring also is
thought to be effective because of the social support and modeling inherent in the process .

Dolly Rawat

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ABDUL KALAM TECHNICAL

UTTAM GROUP OF INSTITUTIONS

Submitted By:- DOLLY

2006170700034 DOLLY RAWAT

1. Online Tutoring – The Opportunity ......................................................................................

2006170700034 DOLLY RAWAT

2006170700034 DOLLY RAWAT

Once upon a time, private tutoring was

Fast forward to the digital age and

2. Top Online Tools for Tutors and Tutoring Companies

Online tutoring allows students to find the right tutor at

However, online tutoring presents its own sets of sets

2006170700034 DOLLY RAWAT

Virtual whiteboards work pretty much like the physical whiteboards

3. Cloud Storage - Dropbox and Google Drive

2006170700034 DOLLY RAWAT

5. Business Management Software

3. Getting Started - Online Tutoring Platforms

There are several benefits to enrolling with an online tutoring platform –

2006170700034 DOLLY RAWAT

4.1 Traditional Methods

i. Schools and libraries

ii. Community Centres

iv. Local coffee shops and popular student areas

It is important to be creative in your marketing strategy. For instance, while advertising in

iii. Register with Online Directori

2006170700034 DOLLY RAWAT

Online tutoring can be provided at a lower cost than FTF

You are more approachable to your students. Apart from

With young people preferring to interact more and more in

2006170700034 DOLLY RAWAT

2. Use latest technologies

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Mistake 2. Unclear terms and conditions

Mistake 3. Failing to price your tutoring services correctly

Mistake 4. Failing to define a niche

Mistake 5. Failing to invest time and effort in online marketing

Good primary- and secondary-level education is considered to be the foundation of a sound

Determine the Services You Will Offer

Set Your Prices

Publicize and Advertise Your Home Tutoring Services

Operate and Improve Your Service

2006170700034 DOLLY RAWAT

Start a home tutoring business by following these steps:

Check out our How to Start a Business page.

STEP 1: Plan your business

 What are the startup and ongoing costs?

Luckily we have done a lot of this research for you.

What are the costs involved in opening a home tutoring business?

What are the ongoing expenses for a home tutoring business?

Who is the target market?

How does a home tutoring business make money?

How much can you charge customers?

2006170700034 DOLLY RAWAT

How much profit can a home tutoring business make?

How can you make your business more profitable?

What will you name your business?

2006170700034 DOLLY RAWAT

Small Business Taxes

Open a business bank account & credit card

Open a business bank account

Obtain necessary permits and licenses