Business, Insights
The tutoring and test preparation industry is growing up. It’s about time and it represents a great opportunity for existing companies willing to become more professional and improve their services. It also represents a great opportunity for people looking to start...
Business, Insights
This is the third in a series of posts about the various types of tutoring and test preparation business models. I’ve already looked at the Marketplace and Broker models. The two remaining models are Hybrid and Full Service. Let’s first take a look at Full Service as...
Business, Insights
Putting together a compensation and incentive plan for the instructors in your tutoring business is complicated. While there is no one way to do it, you should consider many factors. Here are just a few: Where are you? Markets that are home to top universities will...
Business, Insights
In order to intelligently begin a tutoring or test preparation business, you first have to understand the market. By knowing the competitive space, you’ll be able to better position your new company. There are four primary models in tutoring and test prep:...
Business, Insights
Interested in getting into the education business? My name is Jared Wells and I’ve owned and operated a tutoring and test preparation company since 1994. I’ve also consulted to educators around the world ranging from people new to the business, companies...
Business, Insights
Despite astonishing advancements in technology, the tutoring and test preparation business has remained fundamentally unchanged. Computer aided learning programs and online virtual tutor products promised to deliver individualized instruction to students at a...