Business Plan-Tutoring

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Aryana's Tutoring

An Affordable Option For All


I would like to ask for $454 to start up my tutoring
business. My packages costs $60 for 4 1-hour
Executive sessions a month, meaning I could pay back the
money I borrowed after just 8 packages have
Summary been sold. This could either be having one
client for 8 months, having 8 clients in one month
or a combination of both.
Business Description

Tutoring is a very broad industry, with many


opportunities. As of October
2017 over 28,000 students were enrolled in Kumon
math programs in Ontario, according to Kumon. Private
tutoring can be expensive, a tutoring program
called Spirit of Math charges an annual fee of
about $2,200 and offers students up to 90 minutes
of tutoring per week. Many lower income families
cannot afford the private tutoring their child needs,
which is who I will be targeting.
Competitive Analysis

Private Tutoring Companies My Tutoring Business


• Expensive rates($80-$100 for • Affordable rates($60 for 4 1-
one subject per month) hour sessions a month)
• Certified tutors • No certification, but I have good
• Actual offices grades and work well
with people
• Flexible with location
Why: We know that tutoring
is expensive, so I can aim to be
affordable for lower income families. I
Target Market: Lower income families
had to implement a grade range because
with children in grades 5-8
it would be too hard for me to focus
on all grades by myself and
still tutor well.

Market Strategies
How: Create an Instagram account for my
tutoring business so people can message
me for appointments through Instagram. I would also print a few posters and hang
I would put a shout out for my tutoring them up in elementary schools in
account on my personal Instagram so my Welland, with the
friends would see it and be able to follow administration's permission.
my business account, as well as seeking
help for themselves or their siblings.
I am the only person in my business,
which means I would be responsible for:
Operations • Financing
and Management Plan • Planning tutoring sessions
• Tutoring
• Buying new supplies when needed
Math, Science and
History Textbook,
• Estimated
grade 5-8
Cost:$40
Financial Factors
Total startup cost: $454 Monthly Fees: $5, for
Pencils
• Estimated
pencils and paper
I would need to sell 8 Cost:$2
packages (4 1-hour
sessions a month for $60)
to make back the money I
Products I Need • Estimated
borrowed.
To Start My Paper

After paying back what I Business Cost:$3


owed, I would only need
to sell one package a
month to pay monthly fees
and make profit. Geometry Kit
• Estimated
Unexpected Fees: computer Cost:$9
repairs, new textbooks, etc.
*put ¼ of monthly profits
away to pay • Estimated
for unexpected fees Laptop

Cost:$400
Examples Of products Needed

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