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TUTORING SERVICE BUSINESS PLAN



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TUTORING SERVICE BUSINESS PLAN



ABSTRACT

 

This term paper is all about the tutoring service business plan and using Bryan’s Tutoring Services as a case study. They take a unique and innovative approach to teaching that helps students connect with the subject matter they need to master. Through personalized and focused teaching processes, the students then will develop the tools they need for ongoing success in their fields of study.

TABLE OF CONTENTS

1.0 Executive Summary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5

 

1.1 Objectives . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5

 

1.2 Mission . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  . 5

 

1.3 Keys to Success . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5

2.0 Company Summary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  . . . .    6

 

2.1 Company Ownership . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  6

 

2.2 Company History . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  6

3.0 Services . . . . . . . . . . . . . . . . . . . .  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  .  7

4.0 Market Analysis Summary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  8

 

4.1 Market Segmentation . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . .  8

 

4.2 Target Market Segment Strategy . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8

 

4.3 Service Business Analysis . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .     9

 

4.3.1 Competition and Buying Patterns . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .        9

5.0 Strategy and Implementation Summary . . . . . . . . . . . . . . . . . . . . . . ... . 10

 

5.1 Competitive Edge . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .   10

 

5.2 Marketing Strategy . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .        11

 

5.3 Sales Strategy . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  11

 

5.3.1 Sales Forecast . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .       . . . . . . 11

 

5.4 Milestones . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  11

 

6.0 Management Summary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  . . . . . . . .  12

 

6.1 Personnel Plan . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  12

7.0 Financial Plan . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .   12

 

7.1 Important Assumptions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .      12

 

7.2 Break-even Analysis . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13

 

7.3 Projected Profit and Loss . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .       . 13

 

7.4 Projected Cash Flow . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  14

 

7.5 Projected Balance Sheet . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  15

 

7.6 Business Ratios . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .       . 16



 

1.0 EXECUTIVE SUMMARY

Bryan''s Tutoring Service is an Oregon-based company that offers tutoring services for a wide variety of subjects. The company is currently a sole proprietorship; however the business plans to change its organizational form to an Oregon-based LLC within the next year or two.

Bryan''s Tutoring Service was founded by Bryan Thomas in 2002 while Bryan was attending Atkinson Graduate School of Management. Although the company has informally existed for the last two years, operations have been informal, picking up students here and there. 

Citation - Reference

All Project Materials Inc. (2020). TUTORING SERVICE BUSINESS PLAN. Available at: https://researchcub.info/department/paper-6793.html. [Accessed: ].

TUTORING SERVICE BUSINESS PLAN


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A Review on tutoring service business plan, business, tutoring, service, research journals and thesis, researchcub.info, entrepreneurship project topics.
This is a new and exciting area that is bound to become the main revenue generating segment (or group of segments) for the company. As graduate students attended tutoring sessions, they spoke with some of their undergraduate friends and acquaintances. Some of these undergraduate students began seeking help with their respective classes. At first it was mostly for the quantitative courses they were in. As that market began to establish itself, the company began investing time in building a database of old exams, class notes, etc., for the quantitative courses being taught on the main campus to undergraduate students. These students then began seeking help with their other courses as well. The same segments of quantitative, non-quantitative, and international exist for students at the undergraduate level... Click here for more

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