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Pricing Strategies for Private Tutors

March 20, 2023 Comments Off

Pricing plays an important role in the success of any tutoring business. However, there is a lot of confusion about the best way to price your tutoring services and how to go about finding the right price. This article looks at pricing strategies for independent tutors and tutoring companies and how to research prices in your market.
Setting your Pricing Level
The first step in determining how much you should charge for your tutoring services is to determine what other tutoring services in your area are charging. You’ll want to focus on tutoring companies that offer similar services to your own tutoring business since there can be a large variation in tutoring prices for different types of tutoring.
The next step is to do some research just like someone searching for tutoring would. Search for tutoring services in your area online, check the phone book, ask guidance counselors about other tutoring companies. When you have a list of similar tutoring companies in your area you can find out about prices by calling them up and asking or checking their website for prices. You can also check online tutoring directories to find out what independent tutors are charging for the subjects your company offers.
If your company is new and you or your tutors have average experience and credentials then you should try to price your services a bit above the average price.
If your company has been operating for a while, you have satisfied customers, and you or your tutors have teaching experience and credentials then you should price closer to the upper range of comparable tutoring services.
Many new tutoring companies think they need to start with low prices in order to attract clients, but this is a risky strategy and can actually hurt your business more than help it. The reason for this is that if your prices are very low, you will be generating very little profit to reinvest into promoting your business. If you are paying tutors to work for you, you will also have a difficult time attracting and keeping high quality tutors which are extremely important for building your reputation and creating satisfied customers who will refer you to other clients.
Early on it might make sense to focus on an under-served segment of the tutoring market in your area. This will allow you to charge higher rates, and generate higher profits which will help you afford more marketing and better tutors. These in turn will help you establish a base from which to expand into more competitive segments of the tutoring market.
Tutoring Price List
Providing different pricing options can also help your business meet the needs of more clients. There are several pricing or billing methods you can use.
Pay per Session
This pricing option has clients pay before or after each tutoring session. This is a good method if your business does not have much of an operating history. It also puts new clients at ease if they are new to your business and are wary of paying for a longer period of time in advance.
Pay per period
Paying per period may have clients pay for a week or month in advance based on the number of sessions they will have during that period. This method is good for tutoring businesses because you receive the money up front and don’t have to worry about students forgetting to pay for each session. It’s more convenient for clients because they can pay for a week or month and don’t have to worry about writing a check for every single session. Some tutoring companies may bill at the end of each week or month, but for new companies it’s best to require payment in advance since this will allow you to receive payment for tutoring sessions before you need to pay your tutors.
Prepaid Packages
Some tutoring companies sell prepaid bundles of tutoring services. Such as 10 hours of math tutoring or 12 hours of English tutoring. These hours can then be scheduled over the following months as the student schedules them. This method allows you to offer volume pricing which can encourage potential clients to commit to more tutoring sessions.
Adapting your Prices
The tutoring market is constantly changing so it’s important that you’re flexible with your tutoring company’s pricing. If your pricing structure is not helping you meet your business goals you simply need to try tweaking your prices or possibly your services. People are concerned with value so if you offer more value in your tutoring services you may not need to lower your prices or if you offer more value than you did a year ago then it might be a good idea to raise your prices.…

Why Professionals Trade Options and Why Retail Investors Should Too

March 13, 2023 Comments Off

It is time for you to dismiss the “options are too risky” sentiment and truly see why quite a few investors actually trade them. Contrary to everyday opinion, options can be employed in less risky ways when used appropriately. In fact, that’s the reason why they were developed – to help reduce risk in investment portfolios.
Stock options can be adjusted to work in any situation. Options can be used anytime and anywhere. With options, you can invest in the short-term or hold to invest for the long-term. Therefore, it really does not matter if you need the capital for your child’s college tuition or for retirement.
Although, the concept of options are very similar to stocks — in that you can make money when the markets go up and lose money when the markets go down — trading options give you more opportunities to profit. That means you can make money if the stock goes down, up, or absolutely no where. With that said, investors can use the unique abilities of options to be a complimentary portion of their portfolio or the main portfolio appreciation investment vehicle.
The benefits of options:
A. Reduces Risk – By using options, you can effectively reduce your portfolio risk. Using options are one of the only ways that a retail investor can protect themselves from markets that move against them. Strategies like the Broken Wing Butterfly and Unbalanced Condor limit trading risk while giving investors a high probability of profit.
B. Leverage – You can control 100 shares of XYZ company for a minimal amount of capital as opposed to purchasing the shares outright. In the end, you benefit from adjustments in the stock prices without actually purchasing the stock.
C. Cash Flow Generation – You could create a consistent cash flow through existing owned underlying. That means, you can sell covered calls against your portfolio if you feel that the underlying will depreciate or remain stagnant.
D. Insurance – As mentioned previously, options can protect you from markets that move against you. By purchasing a “put option” for every 100 shares of the underlying stock that you own, you can effectively protect your holdings from downward moves.
E. Easy to Get Started – With an internet-enabled computer, anyone can trade options. Commission prices are much cheaper than they were 10 years ago. Most brokers even give you all the tools you need to succeed in options for FREE.
F. No More One Way Trading – That means you can trade anyway that you want. You can play the downside if you choose to. You can also play stagnant markets or place delta-neutral trades.
That is why options are not the risky speculative investments many people perceive them to be. They can be risky if you simply do not have an idea on what you are doing. However, that’s like most things in the world. Once you get past the financial lexicon through education and learning, you can use options in a much safer manner. At that point, you will have the assurance that your portfolio can be safer in any market environment moving forward.…

Piano Lessons: Enriching Your Child’s Life

February 13, 2023 Comments Off

The importance of learning to play piano is more than just reading the notes, and being able to write. It is to attain value and enrich your child’s mind. Music lessons are a wise investment for you are providing your child develop the skills and the fundamental basics to pick up any instrument and play for their own enjoyment.
Committing to something like piano lessons has several long term benefits for you are giving them the tools to attain their goals. Simply by investing in your child’s future, you are enriching their lives and providing them with many opportunities down the road. Learning about musical instruments, music theory and history will help them gain the ability to deepen their appreciation and understanding for music. Also helps their ear training, sight reading and attaining their future goals by teaching discipline and commitment.
Other long term benefits include; helping develop their manual dexterity, improving their problem solving skills, ability to reason, IQ scores, even the ability to get up and perform for people and their own enjoyment.
Why a piano?
Piano is one of the most coveted instruments, for it is one of the most enjoyable, versatile, easy to listen to and relatively easy to learn. Its all a matter of overcoming the first few weeks of lessons, being able overcome that barrier of maintaining the discipline and mindset that “practice makes perfect.” Eventually one can progress to accompanying other instruments, perform in recitals/festivals and in front of examiners, as well as pick up any other instruments, because you already have the fundamental basics covered.
Learning the proper techniques like proper fingering, and playing by ear is essential for advancing to different types of styles of music and instruments.…

How to Find the Best Tutor – Finding Online Tutoring Services

December 23, 2022 Comments Off

It would be great if you could only have to ask your friends for help and not strangers. Somebody you would enjoy hanging around with would make a great tutor if the person really understood the subject. But that probably is not going to happen. No, you are going to have to check with someone who can steer you towards a person who can really help, but not bore you to death in the process. And actually the best place to ask about a tutor can be from the teacher of the class that is giving your problems or your counsellor. Or in some cases the local colleges may have a few names, even the public library can be a good place to check. They often may know about someone that already does tutoring. A lot of times this can be a college student who is really good at the subject. And since he or she wasn’t in high school that long ago then the person will be able to relate to your problems.
Of course you will have to ask your parents for help since tutors do charge. And they may have a few questions to ask to be sure the person is really able to help explain the subject. Then too you have to really feel confident this person is someone you will want to help. It is not going to do any good if you get turned off by everything that he or she says. So in the process of talking to anyone that is located it will be a very important part of the whole process. And you may have a few questions of you own. But if the person is really good at the subject then it should be no problem for him or her to demonstrate it. If for any reason you just can’t cope with that person then it is time to look around some more choices until you find one you really feel is going to work.
And if none of those choices work then you can always get on the internet and check out the search engine for online tutors and tutor web sites. They are all set up to help anyone with a tutor need. Plus they have some really great and interesting ways of making it other than dull. You can check out the main page and it will have all the different ways they can help. That might include a chance to chat on line with one of their tutors. He or she might ask about what problems you are having then suggest ways to help it all make sense. The things they can include in their options may involved some special audio and visual technology that will give it a video game type of reality. That can really keep it from being boring. And they are used to helping students all the time so they are very good at having answers for any questions that might come up. So they are there in ways that won’t make you feel like it is a waste of time. And they do all they can to make it as fun as possible.

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Advantages of Online Tutoring

December 4, 2022 Comments Off

Online tutoring is that method of learning which is done by a computer with internet connection. It has gained tremendous success in last few years for both students and tutors. It is a win-win for both students and the teacher. The main reason behind this wonderful success is that online tutoring is free from time, distance and transportation. Moreover one-on-one tutoring enables both tutor and student to ask for clarification and discuss problems in details. Online education or tutoring is a much focused way of tutoring because the tutor has to give time to only single student at a time. One-to-one tutoring provides students an extra advantage for asking questions with hesitating.
The main advantages of online education and tutoring are following:
1. The primary advantage that students get with studying online is that it allows the flexibility to schedule your learning and that with the comfort of your own hose. What you require for all this is to have only computer with an internet connection. Also student have their own wisdom to select the time and date for tutoring sessions.
2. It is a lifeline for handicapped students who can not travel to have tutoring easily.
3. With the facility of online tutoring student can very easily learn foreign languages with help from appropriate online tutors.
4. Students do not need to go far distances to have tutoring.
5. This tutoring can be taken in vacations also to keep yourself in touch with your subjects.
6. Online tutor companies offer 24/7 support for students which lets students to decide their own time for tutoring.
7. Online tutors are experts of their subjects and can play instrumental role in enhancing the abilities of a student.
So, clearly online tutoring and online education is going to be a preferred way of learning.…

Using Rebuttals in Argumentative Essays

November 29, 2022 Comments Off

In college writing, most essays argue for a position. They are persuasive essays in that the goal is to get the reader to believe a statement is true by providing support. This is what distinguishes high school writing from college writing. I have mentioned in other essays that sometimes one already knows what they want to argue for before they begin writing their essay. However, sometimes college students find or think of support for a position and argue for it, even if it is not the position they would prefer to take! No matter which of these situations describes you, you should provide a counterargument and a rebuttal in your essay. A counterargument is a good argument which weakens or calls into question the thesis of your essay. Acknowledging such an objection and responding to it will make your essay more interesting to read and also provide better, well substantiated support for your thesis.
A brief structural outline of an argumentative essay may look like this:
1. Thesis statement
2. Support for thesis
3. A reasonable objection detractors may take (this is the counterargument).
4. A response to this objection that addresses it and shows it to be weak, misguided or incorrect.
Here is a simple example:
Cemeteries near urban expanses ought to be used as both public parks and a place to memorialize the dead. They offer a huge expanse of space in which persons could recreate, meditate and reduce stress by getting away to a quieter place. Most urban environments are short on open space and cemeteries provide it. It may be objected that it is sacrilegious to suggest that places set aside for the purpose of remembering and honoring the dead be used by the public for recreation. This may be the current mindset of society, but that alone does not make it correct. Many societies used to hold that animals were mere automatons and that they did not deserve any rights. Now, a different view is held and animals are better understood and respected. So too it is with cemetery use. It is time to get used to the idea that the living and the dead both deserve to use the open spaces we have.
In this argument the thesis is that cemeteries should be used as public recreational facilities. The support for this is that most urban environments do not have the luxury of space to have both public parks and cemeteries and the living need space for the maintenance of mental and physical health. The counterargument is that it is blasphemous to suggest that sacred ground be used for multiple purposes; that it goes against the values that we hold as a society. The rebuttal given is that society used to believe X but gradually came to believe Y. Therefore, while we may now see the idea of cemeteries used as parks as immoral, it is merely a societal belief that could and should change, just like our attitude towards animals has changed.
Clearly, a short example like this will not suffice for a college level paper. But the idea is to get the basic idea in your mind, and then you can flesh it out into 5 or 8 pages as needed. If you need to write a longer piece, you can fill in more at each of the four basic elements of the simple outline above. If needed, you can add a second or tertiary counterargument and provide a rebuttal to all of them. This will make your argument even stronger, provided you have thought correctly about both the rebuttal and the response.
Thinking of an appropriate response to an objection brought against your position can be difficult. When I work with students, I usually suggest that they first try and think about what they might say in response. Depending on the position and the background knowledge a student has, this may or may not render a rebuttal. Second, I tell students to do a little internet research and see if they cannot find information that may help them (just be sure to credit outside sources in your essay). Finally, talking about a paper with peers can often lead to ideas to be utilized in an essay. While preparing rebuttals to counterarguments are time-consuming and difficult, the result is an essay which sets itself ahead of most.…

Why In-Home Tutoring Makes Sense During Summer Break

November 17, 2022 Comments Off

Every child today needs a quality education. This is a must in order to prepare him/ her for a better future in the competitive world. But often times schooling is insufficient in the process of education. Some children require special attention regarding their studies and school preparation. The best time to get them back on track and prepared for the next semester at school is the summer break. Most parents have resorted to the help of in home tutoring to get their children’s education back on track at school. This preparation at home during the summer gives the weaker children an opportunity to scale up the ladder.
Home tutoring helps in personalizing the learning aspect of education for the benefit of students. It helps in formulating a simplistic process that will help the weaker students understand and grasp details in an easier manner. While for the more than average students, it helps in improving and maintaining good grades. Home tutors can also provide the students with extra work so as to improve and hone their skills in a particular subject. There is also the fact that the child will feel more comfortable and willing to learn in the confines of his home rather than at school. Home tutoring is a much more flexible option that offers the child room in his schedule for a social life too.
Education has become more and more competitive over the years. Every avenue and career requires a student to excel academically. This is not an easy job. Academic tutoring is an effective way of helping students to advance their knowledge in the break between terms. This is not just true of high school students but also of college students who want to get ready and prepared for any tests that they might face. Home schooling allows the facility of advanced test preparation by helping the students revise and go through the subjects in advance. This helps them in not only sharpening their skills but also becoming mentally prepared for the tests in schools.
College test preparation is far more complicated than the school tests. But they require the same amount of dedicated hard work and efforts to be put in by the student. College test preparation for tests like GRE and SAT, making the student eligible for admission at a good institution and choose a successful career in the future. In home tutoring will help the students gain an upper hand in this contest. It helps them establish a goal and prepares to choose a career before entering college.
The progress of a child’s education depends basically upon his/her grasp of the subjects’ fundamentals. Often, the capacity of a child to understand the basics as others of his class is assumed by teachers. This leads to the children facing falling grades and de-motivates them. In home tutoring and prior test preparation helps in avoiding this, by giving them a thorough preparation before hand. This is a major boost for students who find it difficult to keep up with the class.…

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