If you are looking into earning a little of extra money on the side of your regular job, I think I have the perfect solution for you. Why not think about becoming a personal tutor? Tutors can earn a lot for just an hour of tutoring, so you only need a handful of students to make this new venture lucrative for you. And you don’t have to be worried about taking extra qualifications to become a tutor. You can specialize in whichever subject you majored in at college.
Interested to find out more about becoming a tutor? Then read this useful blog post! I’ve compiled some of my best tips that can help you get out there and earn some money from all your knowledge.
Tell The IRS
Before you start to take on new tutees, you will need to let the IRS know that you now have another income as well as from your main job. You need to declare this extra income so that you can pay tax on it. This is super important. If you don’t declare the money, and the IRS find out, you could end up getting fined. You could also end up having to serve jail time. So to ensure that all your earnings are legal and aboveboard, get in touch with the IRS before you start tutoring. They will inform you about everything you need to do in order to declare this new income. Don’t forget that you might now have to file your own tax return. But if you aren’t too sure whether you will have to, ask the IRS.
Get Your Space Set Up
As you will most likely be tutoring from your own home, you should set up a space that is dedicated to studying. The best option is to transform a spare bedroom. Clear out any unwanted clutter and fill it with minimal furniture. This will help it to be free from distractions, and it will also look highly stylish. So what exactly do you need in your new study area? Make sure you have school desks that are ergonomic for working at. You should also consider getting some high-quality office chairs that are comfortable for you and your tutees. Think about decorating the study’s walls. This can help make the room inviting and look less sterile. One great idea is to pin up some educational posters. You could even add some cool posters that have motivational quotes on them.
Books And Equipment
As well as plenty of suitable furniture, you will also need books and equipment that help your tutees to study. Think about getting a blackboard or whiteboard that you can use to help you explain and list important points. Don’t forget to get a bookcase and fill it with lots of textbooks related to the subject that you tutor. Be sure to also stock up on plenty of stationery and writing paper for your tutees. Get a laptop if you don’t already have one as well. You can use this to find free teaching materials. It can also help you stay organized if you download certain apps.
Get Some Insurance
You will need to invest in some insurance if you plan on having your tutees studying in your own home. This protects you if anyone has an accident in your home. Be sure to get some legal insurance. This will help to cover costs in the event that you are taken to court for whatever reason. It could also be worth buying some business insurance. After all, being a tutor is just like running your own business. This company insurance will cover your expensive equipment and will also help you out if you ever run into financial difficulties.
Market Your Services
Now you need to get the word out there about your tutoring services. If no one knows about the types of services you are offering, then no one will want to use you! The best way to market yourself in this day and age is online and with social media. Set up a Facebook and Twitter account so you can spread the word about your new tutoring business. It will also be a good idea to start writing your own blog on your tutoring website. This will help the SEO and can help your name spread further around the internet. However, don’t forget about traditional marketing methods. Placing an advert in your local newspaper and in shop windows will work very well. Think about offering a special discount or deal when you first start tutoring. That way, you will easily attract people to come and use your services!
Think About Extras
There are also some little extras that you should offer as a tutor. These will help you stand out from your competitors and could persuade people to pick you over the others. One example could be to offer special extended study periods in the run up to exams. Another cool idea is to set up your own YouTube channel and start making your very own videos. There are loads of fitness instructors and bakers uploading their own tutorials, so why don’t you upload some lessons on YouTube. This is another excellent way you could market yourself. As people will find your videos when they are browsing through similar videos. Once you get enough subscribers, you could start to place adverts on your videos. This is a great way to make easy money!
Think About Expanding
Once you are set up as a successful private tutor in your own home, you could consider traveling further afield. This way, you can appeal to a wider group of people and can easily expand the amount of tutees who you teach. It could be a good idea to wait and do this once you are well-known on social media. That way, once you open up your services to a new area, everyone will know exactly who you are!
You never know, you might love tutoring so much that you turn it into your new full-time job!
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