Will starting a home-based Video tutoring business in Singapore prove the right move for you?
Yes! It could turn out to be a very profitable move for you. The initial investment to set up such a business is quite low. It is un-taxing as you have the luxury of working out of your home and scheduling your work as per your family needs.
Singaporeans expect their students to work hard and earn their grades. However, not all of them are equally talented, and their performance differs. Some lag too far behind in their educational studies. It has created a niche for the privately-run tutoring centres in Singapore.
Most of the Singapore tutoring centres are run by freelancers. Keep an eye on the future and think of registering a private limited company to run a highly-planned, well-directed, and result-oriented torturing business.
Running a tuition centre in Singapore means first registering with the authorities and legalising yourself. Any business activity that generates money needs to be registered with the Company Registrar, i.e. ACRA. It is not at all a tough task, and an experienced registered filing agent can do it for you in 1-3 days.
How to Set Up a Tutoring Service at Home
You need to complete only 3 procedures to set up a tutoring service in Singapore. They are as follows:
- Registering company name with ACRA
- Preparing incorporation documents
- Registering company with ACRA
Hey, wait!
Register a Website with the Name of Your Tutoring Centre
Before you go and incorporate your private education institution, register a domain name for a business website.
- Be careful in selecting the name for your tutoring centre. Give a set of up to 5 names to your agent. They will check the availability of names with ACRA.
- Check, if you can register the available name as a domain name. If the domain name is not available, think seriously about some different name of the centre.
- It helps to have fairly similar names for the tutoring centre and its business website. It makes business promotion much easier and cheaper.
Permits and Licenses for Tuition Center in Singapore
Ministry of Education (MOE) regulates tuition centres in Singapore. Council of Private Education (CPE) works under it.
After registering your company with ACRA, you need to register your tuition business:
- Apply and get a tuition centre license from CPE. Submit your business profile to the agency.
- Make sure that your premises confirm to the CPE standards.
- Get approval from URA to use premises as a commercial school.
- Apply to the Fire Safety and Shelter Department (FSSD) for fire safety clearance.
- Provide details of your directors, managers, and teachers to the agency.
Creating a business website will no doubt add to your expenses. However, look at its benefits. It is an easy way of making parents and students aware of the existence of your tutoring centre.
Building a business website adds to your authenticity and credibility. It is actually the most efficient way of connecting to potential customers and making your case.
You can populate the website with useful content describing the educational qualification of your staff, their experience, teaching methods, grading system, and how you help your students to achieve more.
Singapore is a meritocracy and puts a lot of emphasis on educational achievements. However, when both the parents are working, they can hardly contribute to their child's academic performance.
Parents rely on tuition centres to help their children. Well, that is about it - how to start a tutoring business from home in Singapore and market it to the potential customers.
