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The Complete Idiot's Guide® To Low-Cost Startups by Gail Margolies Reid

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After-School Academic Tutoring

Estimated startup costs: $1,000
Estimated first-year revenue: $43,000-$69,000
The focus on academic achievement is not only for those with college aspirations. In today’s school environments, with nationwide programs like No Child Left Behind propelling school systems to be ever more test oriented, the academic tutoring business is better than ever. The caveat is that tutors are expected to be either certified teachers or possess similar credentials, so this business does have prerequisites for entry. Teachers tend to be creative types and are not always successful when dealing with finances, scheduling, business requirements, and fee collection. There is enough market demand and money in tutoring to allow for ...

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