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Tutoring Service Business Plan

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Bryan's Tutoring Service

Executive Summary

Opportunity

Problem

Schools are underfunded, kids need schooling, some kids need more help than others; some parents want to help more than others do. Tutoring helps kids learn.

Solution

Bryan’s Tutoring Service offers a wide range of academic subjects. Sessions can be set up as private or students may form groups for tutoring. Private sessions offer intense individual assistance, but groups sessions can also be beneficial with decreased economic costs and the use of team-based approach that the business program encourages. For The Atkinson-based courses, Bryan’s Tutoring Service offers an extensive collection of past exams which are invaluable for teaching the material and for exam preparation. For all students, Bryan’s Tutoring Service uses the Systematic Analysis Framework (SAF). This unique problem solving approach taught to students provides a system to approach all topics that they encounter in school. This system seeks to provide the student with a way in which they can better solve their own queries. This system differs from most tutors who are primarily concerned with answering the student’s immediate questions and not concerned with providing the students with basic problem solving skills for future applications.

Market

Bryan’s Tutoring Service has identified several target market segments that will be pursued. The largest segment is the Willamette business students. Bryan has close relationships with most of the professors of the business program, allowing Bryan to tailor the tutoring to the specific course material as well as receive referrals from said professors. Within this market segment there will be three subgroups: quantitative clients, non-quantitative clients, and international students. Bryan’s Tutoring Service will also serve undergraduate students from Willamette and the surrounding colleges.

Competition

Tutoring has been around as long as students. And as long as students get in over their head, they will need tutors to help them catch up and keep up with their classmates. Some materials just need to be explained in different ways for them to make sense.

However, while the need for tutoring exists, the bulk of tutoring taking place in the market is very limited and unorganized. What sets this company apart is its experience and the attention paid to individual needs of students.

Why Us?

Bryan’s Tutoring Service exists to help students. We take a unique and innovative approach to teaching that helps students connect with the subject matter they need to master. Through personalized and focussed teaching processes, our students develop the tools they need for ongoing success in their fields of study. Our success depends on our attention to the needs of our clients and truly helping them achieve – we don’t succeed unless our clients succeed.

Expectations

Forecast

This is a personal tutoring business. Bryan will be able to make enough during the school year to sustain his needs when June July and august come around and students are fewer.  The rent and expenses listed are for him to pay his rent and to eat etc. between group sessions. 

Financial Highlights by Year

Chart visualizing the data for Financial Highlights by Year

Financing Needed

Bryan will use his savings for this venture. He does not need much just enough to get him through the first month’s rent 

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