Math tutoring center business plan documents are either roadmaps for the development of a math tutoring facility or funding documents designed to obtain financing or capital investment to launch a new location. Math tutoring centers exist coast to coast, but the best ones have exceptional instructors, flexible hours, one-on-one offerings, and a range of subjects they cover. Whether you envision helping kids with remedial math or advanced calculus, your business plan should describe in detail the sort of tutoring sessions you'll offer -- both the topics covered and the "makeup" of a given session. Other points to note:
• Where will the facility be located and what schools is it near to? What enrollment levels do they have?
• Which facilities are you in direct competition with?
• How will you advertise your services?
• Do you already have instructors in the fold, or will you need to recruit teachers?
• How do session costs compare to industry leaders like Sylvan, Kaplan, etc.?
The math tutoring center business plan will require a detailed financial pro forma showing revenues, expenses, and key financial tables over the first five years of the business. This can be accomplished with software if you have ready access to industry averages and know all of the costs you will encounter and how to account for them correctly in the financial statements. If you don't want to toil through this yourself, MasterPlans can be a great resource for you. From multi-location educational franchises to small tutoring sites, we have written a range of funding-ready documents for start-ups and existing businesses alike. Call us today at 877-453-2011.
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