Hope you voted yesterday. Today we’ll be continuing our series on improving your tutoring businesses. This week we’re talking about expenses and today we’ll be talking about things you don’t want to cut back on.
Some things you don’t want to cut back on. One of the things you don’t want to skimp on is your employees.
If you’re just starting you won’t have any employees, but hopefully your goal will be to hire someone someday. Tutoring is a very person oriented business. If you hire someone then they will be doing the actual work. They will be tutoring and tutoring isn’t easy.
Businesses we’ve worked with start new tutors off at 50% of the tutor session. So if the tutor session is $25 then the employee gets $12.50. When the employee has been on board for 3 months they get 60% and then after a year 70%. This was for tutors that tutor from their home / online. They provide their computer / internet access etc.
I think we may do a whole series on hiring folks – if you would be interested in that please let us know in the comments.
You also shouldn’t cut back on the tools you use to tutor. Your computer / website / Ipads etc. You should buy the best computer that you can afford. The upcoming holidays are a great time to find some good deals.Â If you have a lot of students you’ll want to make sure you have plenty of hard drive space.