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There are three essential components to look for when you consider buying a new business.
SUPPORT, VALUE, AND COMPARISON to other similar companies in the marketplace.
SUPPORT
When you buy a Home Tutoring Business package, you are purchasing a proven business plan and many other ingredients to aid in your success. However, what good is a fantastic product if there is no support system available to you if you need it?
That is why we offer consultation, mentoring and coaching time with us via email support and/or phone. You receive three (3) hours of support when you purchase a package from us.
Even though our packages are chocked full of valuable information, it is common for people to have questions specific to their situation and we feel it is our duty to be here for you. Even if you just want to brainstorm a new marketing idea or need help choosing a company name, it is important for you to know that you can and should contact us.
Of course there is no obligation on your part to involve us in your business decisions, but we are willing and able to make suggestions and recommendations based on our ten years in the in-home tutoring business. Why go it alone when you can get advice and guidance which is just a phone call or email away?
VALUE
Simply stated, if you were to write a comprehensive manual, design all of your business forms, including legally binding contracts for tutors and clients, create and optimize a website and purchase a Customized Accounting Software program, you would be spending a lot more money – and time – than the prices we are offering.
When you purchase an HTB package, your initial cost is fairly low, and it should not take you long to see a return on your investment. The quality of all of our materials is top-notch, not to mention the consulting time included with each package. You could spend less, but would you really be getting a good product and the service and support to back it up? Compare our prices and judge for yourself.
COMPARE
Home Tutoring Business offers you the opportunity to establish a home-based tutor referral service in your community. A detailed business plan is already written for you. Your blueprint to success is thorough enough for you to be up and running quickly, while allowing you to add your own personal touches based on your business experience, teaching background or both!
The Advantages of
Home Tutoring Business versus a Franchise
1) ) Low Purchase Price – Our HTB Complete Business Package is less than $3000, a fraction of the cost of a franchise.
We recommend having an additional $1200-$1500 on hand for incidentals you may need to get your business up and running such as a computer, printer/fax/copier, etc.
2) Your revenue is not shared with HTB – no royalty fee – EVER!
Franchises take a monthly percentage of your revenue. Some also take a percentage of revenue for national advertising which may or may not benefit you, depending on the market you service.
3) There is no need to sign any contracts with us, thus no renewal fees or transfer fees if you sell your business.
The typical franchise agreement is for a period of ten (10) years with a renewal fee due at the end of that period if you plan to continue operating your franchise.
4) We don’t ask you to prove your cash liquidity or net worth.
Franchises want to know your personal financial situation. They often ask for proof of your liquid assets. If you don’t meet their requirements, you may be turned down for a franchise.
5) Grow your business – no geographical limits.
Franchises allow you to “buy” a protected territory. If you want more than one territory, usually defined by population, your franchise fee will be higher.
6) On-going support built in to each package price via email or phone.
Support is usually promised when you sign your contract. When you are dealing with a large franchise corporation, it is infrequent that you will speak directly to the President or owner.
7) Personalized website is offered, not a corporate website.
A corporate website is powerful, however, not personalized to your business. Most franchises will provide your contact information and you receive any inquiries via an email.
8) Custom Accounting Software offered- written specifically for HTB.
Some franchises have Accounting Software programs and some don’t.
9) Merchant Account provided – begin taking credit cards immediately when we install our “Virtual Terminal” on your PC.
Merchant Accounts are rarely provided. If you want to take credit cards (which will substantially increase your revenues), you are on your own to find a vendor.
10) Ad copy designed and provided for you, not only at the start-up phase, but throughout your tenure owning your business.
Depending on the franchise, you might be able to have ads designed for you specifically, especially at the beginning of your ownership. On-going ads are cookie-cutter because they apply to every franchisee.
11) A comprehensive step-by-step manual is your guide, documenting exactly how to begin, maintain and grow your tutoring referral service.
Franchises usually provide a training manual, written by the training department, not the owner.
12) Fulfill a niche in the tutoring industry by providing one-on-one in-home tutoring from the schools’ curriculum.
There are very few successful one-on-one tutoring franchises in the marketplace. Most tutoring franchises are learning centers, using a prescribed curriculum that usually does not relate at all to what the student is learning in school. Our approach is a more personalized, customized program – always one-on-one in the students’ home.
13) Work from home – you do not need an outside office or store-front which keeps your overhead low.
Learning centers are obviously just that – a center – and that is where your office will be located. You will be responsible for rent, insurance, employees and everything else that goes along with owning a business outside of your home.
For some people, a franchise is the way to go. As an ex-franchisee for three years, I was very disappointed in my experience, and I was a top producer for the company. I owned one of the only major in-home tutoring franchises in existence ten years ago. There are a few others on the market now, but they are small and usually owned by a teacher or educator, not a business person.
Financially, HTB is offering more to the buyer – we are offering an opportunity to be a true entrepreneur backed by my knowledge, support and experience actually working in the field for ten years. HTB will help you establish your own company name and identity in the geographical areas you decide to service.
Personal experience, backed by individualized attention and knowledge of how to begin a lucrative tutoring referral service that is in high demand in almost every part of the country can be yours – without the steep financial investment.
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