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Education & Instruction

Licensing Specialist

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

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Licensing Specialist

Startup Costs: $10,000 – $50,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Online Operation? No

Business Overview

Acting as a licensing specialist, you canseek out opportunities to secure the exclusive rights to use a popularname, product, service, or operating system or formula, and sellsublicenses to qualified business owners wishing to utilize the licensein a business venture, product, or service.

An example of a licensingsituation is as follows: a popular motorcycle is being manufactured andyou secure the master license to use the name of the motorcycle inquestion to promote products and services. You sell a license to aclothing company to use the motorcycle name, image, and logo on theirclothing line and charge a one-time fee plus on-going royalties basedon the success of the clothing line. You sell a license to acorporation that wants to establish a chain of restaurants using themotorcycle’s name, logo, and image. These are only two examples; thereare literally hundreds if not thousands of ways to profit as alicensing specialist.

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Education & Instruction

Woodworking Class

Teach others the craft of working with wood. It could turn into a nice stack of paper.

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Business At A Glance

Woodworking Class

Startup Costs: $2,000 – $10,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Online Operation? No

Business Overview

Calling all craftsmen and woodworkers. It istime to put your woodworking skills to work for yourself and start aninstructional business teaching students how to use woodworkingequipment and complete woodworking projects.

The business can beoperated from a home based workshop or from a small industrial rentallocation. Woodworking classes can be taught in a group format or aone-on-one basis. Additionally, you can provide various levels ofwoodworking instructional classes ranging from a beginner level all theway to an advanced course for the serious woodworker seeking to masterthe required skills to complete more complicated woodworking projects.Additional revenues for a woodworking instruction service can be gainedby providing students the option of purchasing wood for their projects,as well as purchasing woodworking tools once they have completed thecourse.

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Education & Instruction

Home Tutor

Use your brains to help students pass their classes and appease anxious parents.

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Business At A Glance

Home Tutor

Startup Costs: Under $2,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Online Operation? No

Business Overview

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 ahome tutor. This is a field with room for growth: The U.S. NationalCenter for Education Statistics estimates that by 2008, more than 70million young people (kindergarten through college) will be enrolled inpublic and private schools.

As a home tutor, you’ll work with yourpupils 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 mathskills, coach high school and college kids on subjects from Spanish toalgebra to English, or spur your pupils to succeed on SAT or MCAT(medical school entrance) exams. The advantages to this business arethat you can work from home, you can start part time and on ashoestring, and you get the satisfaction of helping kids grasp theconcepts you’re teaching and shine–in your eyes, their parents’ andtheir own. While experience as a professional teacher is a plus, it’snot a necessity. What you will need is a good basic understanding ofthe subject or subjects you’ll be tutoring plus the innate teachingtalents to communicate ideas and concepts clearly and effectively. Youshould have enthusiasm for your subjects and your students.

The Market

Your clients can be grade-school kids or college seniors or anybody inbetween who needs help turning textbook trauma into school success, butthe biggest demand these days seems to be in the high-school-and-uprange. 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 atkid-oriented spots like dance or karate schools, public libraries andcommunity centers. For college students, post fliers on bulletinboards, distribute them to frat and sorority houses, and place ads incollege publications. You can also introduce yourself or send brochuresto professors of the subjects you specialize in.

Needed Equipment

In most states, you don’t need licensing or certification, so gettingup and running is quick and easy, but if you’re a present or formerteacher, you’ve got a plus as far as credibility. Be sure to checkbefore you embark on your business. Your students will bring their owntextbooks, but you may want to offer a selection of reference materialsor teaching aids.

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Education & Instruction

Photography Courses

Now that just about everyone has a digital camera, they need someone to teach them how to take a great photo.

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Business At A Glance

Photography Courses

Startup Costs: $2,000 – $10,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Online Operation? No

Business Overview

A photography instruction service can trainstudents in both traditional print film photography as well as indigital-imaging formats. Courses could be provided for students from ahomebased photography studio, or the business could be operated as ajoint venture with community training programs or educationalfacilities. One marketing method may be to approach retailers that sellcameras and digital cameras and offer a free two-hour photographycourse for all of their customers who purchase a camera. Of course theobjective of this type of free promotion is to have a large percentageof the students who take advantage of the free class sign up forextended photography courses and training (on a paid basis).

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