When it comes to education, many children fall behind or simply need a bit of extra help, which is where a tuition or child development business can prove beneficial. Many people start this kind of business as they have a particular skill or expert knowledge in a subject, which they feel they could use for the purpose of enriching a child’s life. There is no doubt that a tuition or child development business can be highly rewarding for both parties, but from a business aspect, you need to know what you are getting into and the basics of how to get there. There are various areas you should consider before embarking on this journey.
You will firstly, need to consider which area you are going to offer tutoring in. You may wish to expand your areas over time, but at the start, it is a good idea to only focus on a single subject. You don’t necessarily need to have a degree in the subject (although this would help), but you really must have knowledge and passion for the subject. If you are good at something, but you hate it, don’t try to teach it, as it won’t work. You want to be able to make the children feel engaged and to do this, you will need to be able to show enthusiasm for the subject. You may also want to look at competitors and what they are offering, so you are providing something different. An example of what you might wish to consider is a PSLE Math tuition course aimed at primary school students.
It goes without saying that you must have the required licenses before opening up your tuition centre. This is classified under business, so you must meet the requirements of both the Business Regulation Act and the ACRA. You won’t be able to obtain a license for your business, if you do not meet with the laws and regulations of opening a tuition business. You can apply for your license online using the Online Business Licensing Services, which goes to the government agencies of Singapore for approval. It is important to make sure you do this, as you could be heavily penalised if you fail to meet with these standards.
You will need to carefully select the location for your tuition centre, in order to give yourself the best possible chance of success. Some aspects to consider are the size, options for passing traffic, the locality and how near it is to public transport and car parking facilities. An example would be the commercial property at 163 Bukit Merah Central, which is purposefully designed for a tuition centre, is near to public transport and various food outlets. There are many points to consider when it comes to location and it could be highly damaging for your business if you don’t make the right choice. A qualified commercial agent will be able to furnish you with all the information you need, to ensure the property is right for your requirements.