Wednesday, June 22, 2011

Colony tuitions and Activity center- Business idea

This is good business idea for home maker/house wives.
To take up tuitions we should have atleast 1 year of teaching experience in some school.So that it will be easy to know subjects, syllabus, books referred or followed by students. In our colony @ Hyderabad, they are charging 300 to 500 from 1st to 5th standard students. Some teach for higher classes and some are not, as it is bit difficult to control higher class students and need more time to teach them as they will have more syllabus and subjects.

Tuition timings should be around 2 hours. 4:30 to 6:30 for lower classes and 6:30 to 8:30 for higher classes. Even if we get around 30 students then it will give us around 12000 to 15000/- per month.

If we take two rooms for rent then we can use one for tuitions and another for aciivity center. In this we will conduct dance, music, drawing and playing classes from 4:30 to 8:30. We need to have a contract with these teachers, so that we can book them for one year and our business will not get disturbed.We should give them 50% of each student fee to them and rest to us. For these classes fees are bit higher than tution fees. For dance it would be around 600/-, for music 400/-,for drawing 600/-, for playing-500/-. We will conduct only 2 days a week. Each group if we consider 5 members for each activity then it would be around-20 students in one batch and including two other batches it will come around 60 students. If we take average fee then Montly we get 60x500=30,000 – 15000=15,000/-.

Tutions+activities class = 15000 +15000=30,000

Reduce your rental fee =30,000 -12,000/-(6000/- for each room)

Our income would be around 18,000/-

After two months definetly strength of the students increases as all activities at one place is not available any where. Then our profit will get doubled.

Ie is 48,000/- will be our saving per month after 3 months of starting business.

We need to maintain qualified and quality teachers. So that we will get good name and response from students. Once we develop brand name, we can open branches at different colonies.

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