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If you happen to be a person who is very proficient in any subject and desire to help others improve their knowledge, you may want to become a tutor. A private tutoring business is a perfect choice for those teachers who have been affected by budget cuts and layoffs. A tutoring business may also be attractive to other professionals who are living a retirement life.
Some tutors prefer to travel to their client’s homes. Others find the convenience of working from their own home. Meeting at a neutral location, such as a library, church, or office space is also a common model for operating a tutoring business. You may also want to consider the option of an online tutor business, that will allow you to reach your potential clients beyond your the area where you live.
Pros and cons
You will be able to set your own schedule and negotiate your fees with your clients. You also can attain personal satisfaction in helping others learn.
The negatives of a tutoring business are that it may take you time to build a clientele. Most clients are temporary and income may not be as steady as you would desire.
Identify your clients
You may think that in order to become a tutor, you will be working only with school-age children. Not so. Tutoring services are high in demand at all grade levels. Depending upon your credentials, you may even choose to tutor graduate students.
Educational co-ops in your area may open the door for a tutoring business as well. Many home school families join forces with parents, tutors, and other professionals to form small educational cooperatives. Small classes allow home-schooled students to experience a conventional classroom setting while maintaining a low student-teacher ratio.
Startup costs, should you choose to become a tutor, are minimal. Most of the expense will depend upon how you choose to advertise and conduct your business. Curriculum or a computer may or may not be necessary, depending upon your method of tutoring and marketing.
To become a tutor, you must possess a working knowledge of the subjects you will offer to teach. In addition, you must be able to facilitate that knowledge in a way others can grasp it. A commitment to your clients, and to your tutor business, is a must. Good communication skills, punctuality, and patience will be two of your tools.
To become a tutor, you will need to know the fee scale for tutors in your area. This is easy to research online or with a few phone calls. Set your fees accordingly. Most tutors charge by the hour. Your workload, and therefore your income, may not be steady with a tutoring business. Some tutors require contracts which will allow them to plan ahead. It may take a while to build up a clientele. Most clients will only need your services temporarily, so you will have to solicit new business on a regular basis.