Sell your language skills and knowledge to earn a lucrative profit with an exotic language course. Language forms lasting bonds with one another and without it all aspects of life are useless. Now unleash your language skills with money-spinning exotic language course business idea.
THE BUSINESS IDEA
With the present developing rate of globalization, beginning an exotic language course business can offer you an energizing and productive vocation. A language is a tool that brings the world together by decreasing the communication barrier. Teaching a new language gives others access to a totally new perception of human life, as observed through the viewpoint of a new language. Generally, you will have to be fluent in the language course you are offering. However, if you are still learning you can also team up with other people to start this business. You can also open a foreign language school and offer different language courses by hiring teachers. Make sure to have the correct and enough teaching supplies such as a whiteboard, projectors, textbooks etc.
After successful initiation of business also hire support staff, for example, receptionists and accountants. In the beginning, finances are a major challenge in both supporting and proper growth of your business. However, you can effectively counter this problem by using online platforms like the business website and social media channels. Create a customizable and user-friendly website of your online courses to target potential audience. Besides, Youtube video marketing underpins the success of your business.
The success of an exotic language course business idea will depend upon your organizational skills and ambition. You should have a passion to learn other languages and cultures. Your communication skills will play an important role as you will be communicating and working with a single student or a group of students. Best places to promote this business include schools, colleges, and universities. Attract new customers by offering a student discount. Print flyers and post them on community bulletin boards. Word of mouth is very essential. Ask your family and friends to spread the word.
This business will attract different customers including students, children, adults, doctors, nurses, and other business professionals.
- Teaching facility: Open a teaching school in the best location to attract the desired customers. Always keep in mind the availability of public transportation and pick and drop ability of location.
Home: You can start this business at home. However, you will need to allocate sufficient space for this business with proper teaching instruments. Suitable as home business or part-time idea during COVID-19 pandemic.
- Online courses: Create a website and target and attract international clients by offering online language courses.
- Social media: Promote your business using social media channels such as Facebook, YouTube, etc.
The startup cost for an exotic language course business idea is medium. However, the profit potential is high as there is an increased demand for foreign language courses across the globe. Contact Business Titans to learn more about the potential revenues and costs to run this business.
THE KEY BENEFITS OF THIS PROJECT
- A finance and consulting business that offers extreme flexibility. You will be meeting a lot of people from different cultures.
- You can also join local school and colleges as a teacher and offer language courses to international students.
- Teaching and other instruments are usually of low costs and last for years.
- High market potential using smart marketing strategy.
- Medium startup investment with high earning potential.
Service 1 | Pre-Studies
Start your journey with one of our three Pre-Studies if you are not yet fully sure about your project:
Option1. Project Pre-Study: You have a business idea or consider to import/export a new product, but you need a qualified second opinion? Business Titans checks your business idea or project for you and provides a detailed analysis on the opportunity, its risks, feasibility and profitability.
Option2. Pre-Opening Plan: Do you need to get an overview of the detailed steps to implement your project? Entrepreneurs who wish to have on the operational level a sound overview of the steps they need to take to set up their new venture or product should look also into this option.
Option3. Project Exposé: Do you need a professional presentation to introduce your project to a demanding audience? Successful entrepreneurs understand that the presentation of an idea is as important as the idea itself. The approach Business Titans is applying is to send always an appealing Exposé of the project before sharing further details. Only if there is a vivid interest that you feel among your audience, you should share confidential documents such as Pre-Studies, Business Plans, etc.
Service 2 | Business Planning
Option 1. Business Plan Consulting: You draft the Business Plan with our Guidance, we review and enhance the final version. Business Titans supports you to develop a Business Plan. You draft your own Business Plan with our guidance. A senior member of Business Titans will then finalize your draft with enhancements, research data, adapting the contents and forms according to the expectations of the final recipients, including banks, lending partners, equity partners, landlords, insurers and regulators.
Option 2. Business Plan Outsourcing: In this option, the entire process, including the development of the business model and Business Plan is handled by Business Titans. You will be first interviewed to understand your vision, resources and capacity.The rest will all be done by us and presented to you for the last minor adaptations. This version gets a Business Titans certification to be used for 3 years (as long as there will be no major changes on the Business Plan).
Service 3 | Weekly Coaching
A Business Plan is (and should be) in a constant evolution. The more you get into your business environment, the more you are able to fine-tune it. However, the best Business Plan will not be more than a paper if you do not implement it in a disciplined and consistent way.
- Option 1: Try-Out Session
- Option 2: 2-Weeks Package
- Option 3: 4-Weeks Package
This is why Business Titans has extended its services with a Weekly Coaching dedicated for the step-by-step implementation of the Business Plan that we have developed together.