Watch Out for These 5 Education Business Ideas of 2018

The fact that education is part and parcel of our existence. The business opportunities in the education industry are massive and any entrepreneur who is serious about making money can leverage on the opportunities available in the industry. As a matter of fact, any entrepreneur who is creative and really imaginative can create his or her own business concept that can be highly marketable in the education industry.

Here are 5 thriving and profitable business ideas in the education industry that an entrepreneur or investor can choose from:

Tutor Finder App:

Private tuition is something highly demanded everywhere in the world. Be it a high school student or a university student, a large number of the population needs help in their studies and so they look for a tutor. A web based or a mobile app that allows students to find best tutors in their city can be a great business. Get local tutors onboard; allow them to add their professional background and rates. Promote them, get them business and keep a percentage of their earnings. Allow the students to review the tutors they have booked. This way you can ensure that your service connects students with the best tutors.

Skills Development Center

A skill development center can organize various courses under one roof, i.e. cooking, music, arts & painting, language and anything that helps people to improve their skills. To make your skills development center, you must get affiliated with a local education council, and this way your business should be providing authentic and certified skill development services.

Teachers Resources Online:

A healthy education system is one that goes with a constant improvement, and to keep up with the changing requirements, teachers must update their methodologies. This is why they look for new resources, lesson planning help, ideas and tips to improve teaching practices and so on. On the other hand, there are too many researches going on that provide a lot of qualitative teaching aids on regular basis. Creating an online platform that has teaching resources and aids available for free or for a little price can be a great business. In case if you are keeping the resources free, you can make money by selling advertising.

The options mentioned above are the ideas that do not require huge investment and can be highly profitable is short period of time.

Start an Online Library Business

Online library is another platform where people learn different subjects at an affordable fee. The internet has made it possible for people from different parts of the world to be registered in the same library. Online library (e–library) is a resource center where you can comfortably conduct a thorough research and study from the comfort of your home no matter the part of the world you live in as long as you have internet enabled device (smartphones, computers, notebooks, tablets et al).

People pay registering fees and of course membership fees to make use of online libraries. If you looking towards starting a business in the education industry, then starting a well equipped e–library is one of your options. You can start your own e–library and attract membership from across the globe.

Start an Entrepreneurial College

It is fact that loads of entrepreneurs did not go through entrepreneurial training before launching their businesses, which is why much business closes shop before their 3rd anniversary. Entrepreneurial college is a place where aspiring entrepreneurs enroll to learn the rudiment of starting and growing a business. Statistics has it that majority of the start–up businesses that survives are managed by people who have undergone formal or informal business/ entrepreneurial training.

So, if you are looking towards starting a business in the education industry; one of your options is to start an entrepreneurial college. It is a highly thriving and profitable business to start. Just ensure that you apply and obtain the required license and accreditation from the department of education in your country.

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