Local exam coaching centre with tutors

Parents of primary and secondary pupils, and older students preparing for exams.

Monthly or termly fees per student per subject. Income grows with the number of classes and tutors, but rent and wages are fixed costs.

• Managing and organising tutors and timetables
• Marketing to local families
• Knowledge of curricula and exam boards

• Check planning use class and business rates for your premises with the council
• Fire safety risk assessment, accessibility and health and safety for visitors
• Enhanced DBS checks for all staff and a clear safeguarding policy
• Employer's liability insurance once you hire, plus public liability
• Check whether tutors are employees or self-employed, as getting this wrong can be costly
• Rent is a fixed cost, so test demand before signing a long lease

Startup costs are typically around £5,000 to £25,000, depending on the premises, setup and how many tutors you start with. Rent is a fixed cost, so test demand before signing a long lease.

Monthly revenue is typically estimated at around £2,000 to £10,000, depending on class numbers, fees and how many tutors you run. This is revenue, not profit, and rent and tutor costs come out of it.

Check planning use class and business rates with your council, plus fire safety, accessibility and health and safety. You will also want enhanced DBS checks for all staff, a safeguarding policy, and to check whether tutors are employees or self-employed.