Home Tutor

Startup Costs: Under $2,000
Part Time: Can be operated part-time.
Franchises Available? Yes
Online Operation? No

If you like kids of all ages, you can communicate concepts and ideas, and you've got a good grounding in at least one subject, you can be a home tutor. This is a field with room for growth: The U.S. National Center for Education Statistics estimates that by 2008, more than 70 million young people (kindergarten through college) will be enrolled in public and private schools. As a home tutor, you'll work with your pupils on a one-on-one basis to bring them up to speed and even beyond. You can specialize in teaching younger kids elementary reading and math skills, coach high school and college kids on subjects from Spanish to algebra to English, or spur your pupils to succeed on SAT or MCAT (medical school entrance) exams. The advantages to this business are that you can work from home, you can start part time and on a shoestring, and you get the satisfaction of helping kids grasp the concepts you're teaching and shine--in your eyes, their parents' and their own. While experience as a professional teacher is a plus, it's not a necessity. What you will need is a good basic understanding of the subject or subjects you'll be tutoring plus the innate teaching talents to communicate ideas and concepts clearly and effectively. You should have enthusiasm for your subjects and your students.

The Market

Your clients can be grade-school kids or college seniors or anybody in between who needs help turning textbook trauma into school success, but the biggest demand these days seems to be in the high-school-and-up range. If you're targeting the younger set or high school kids, introduce yourself to school staffs and leave brochures or fliers, place ads in local papers and Yellow Pages, and post fliers at kid-oriented spots like dance or karate schools, public libraries and community centers. For college students, post fliers on bulletin boards, distribute them to frat and sorority houses, and place ads in college publications. You can also introduce yourself or send brochures to professors of the subjects you specialize in.

Needed Equipment

In most states, you don't need licensing or certification, so getting up and running is quick and easy, but if you're a present or former teacher, you've got a plus as far as credibility. Be sure to check before you embark on your business. Your students will bring their own textbooks, but you may want to offer a selection of reference materials or teaching aids.

Home Tutor Ideas

Licensing Specialist

If you know your product branding and licensing laws, this business has your name all over it.

Energy Management Consultant

Got tips on saving energy? Teach others how to be frugal with facilities as an energy management consultant.

Buskers School

Use performance arts skills to teach others how to be street performers.

More from Business Ideas

Side Hustle

New Research Reveals the Most Profitable Side Hustle — and You Could Make an Extra $15,000 a Year From Home

If you're ready to start a side hustle, it pays to consider which one will give you the greatest return.

Side Hustle

More Than 75% of Americans Have Side Hustles During the Holidays — Here Are the Most Popular Gigs This Season

Many people expect retail prices to climb, and they're getting creative to save their wallets.