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Vocational School Business Plan

education and training business plan

If you are planning to start a new vocational school business, the first thing you will need is a business plan. Use our sample vocational school business plan created using Upmetrics business plan software to start writing your business plan in no time.

Before you start writing your business plan for your new vocational school, spend as much time as you can reading through some examples of education and training-related business plans .

Reading sample business plans will give you a good idea of what you’re aiming for, and also it will show you the different sections that different entrepreneurs include and the language they use to write about themselves and their business plans.

We have created this sample Vocational School Business Plan for you to get a good idea about how a perfect vocational school business plan should look like and what details you will need to include in your stunning business plan.

Vocational School Business Plan Outline

This is the standard vocational school business plan outline which will cover all important sections that you should include in your business plan.

  • Services and Amenities
  • Vision Statement
  • Mission Statement
  • Head of the School / School Coordinator
  • School Administrator
  • Instructors
  • Marketing and Sales Executive
  • Client Service Executive
  • SWOT Analysis
  • Market Trends
  • Target Market
  • Competitive Advantage
  • Marketing Strategy and Sales Strategy
  • Sources of Income
  • No. of students v/s Revenue Chart
  • Payment Options
  • Publicity and Advertising Strategy
  • Startup Expenditure (Budget)
  • Generating Funds/Startup
  • Sustainability and Expansion Strategy

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After getting started with upmetrics , you can copy this sample business plan into your business plan and modify the required information and download your vocational school business plan pdf and doc file. It’s the fastest and easiest way to start writing your business plan.

Download a sample vocational school business plan

Need help writing your business plan from scratch? Here you go;  download our free vocational school business plan pdf  to start.

It’s a modern business plan template specifically designed for your vocational school business. Use the example business plan as a guide for writing your own.

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About the Author

education and training business plan

Upmetrics Team

Upmetrics is the #1 business planning software that helps entrepreneurs and business owners create investment-ready business plans using AI. We regularly share business planning insights on our blog. Check out the Upmetrics blog for such interesting reads. Read more

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How to Start a Training Business in 2024 (& Succeed at It)

id you know that the global corporate training market is expected to reach $370.3 billion by 2027? It's expected to reach $370.3 billion by 2027 and will even exceed $493.32 billion by 2028! Small businesses are investing big bucks in employee training too, with an average spend of almost $1,400 per learner in 2022. With remote work becoming more prevalent and the need for continuous professional development on the rise, the demand for training services is at an all-time high. 

Spending in U.S dollars on training business

The United States dominates the corporate training market, accounting for over 30% of the global share in 2020. This presents a fantastic opportunity for anyone considering starting their own training business. For example, a tutor experienced in working with students who have learning disabilities could create a business to meet their specific needs.

You can positively impact people's lives while also making money by starting a training business. A tutor with experience working with students who have learning disabilities, for instance, could start their own training business to meet the specific needs of these students and their families.

But let's be real, starting an online training business can be daunting if you're not an entrepreneur at heart. To do it successfully, you need to take an organized approach, develop an effective marketing strategy, and intimately understand your target audience. This article is for anyone interested in starting their own training company, providing a step-by-step guide on how to start a training company. So keep reading if you want to turn your passion for teaching into a profitable career.

What is a Training Company?

A training company is a company that offers courses and programs for personal and professional growth. Education can range from purely technical to managerial. Organizations providing instruction can be for-profit or non-profit enterprises and need not be exclusively virtual to exist.Businesses in the training industry come in many forms. Still, they all commit to empowering their clients with the knowledge and experience to achieve personal growth and professional success. 

The purpose of any instructor is to positively affect their students, whether they are learning how to use a new piece of software or become better leaders.Training business is a great way to make a difference and a good living at the same time. A training business could be perfect if you enjoy seeing others develop and grow.

Why Start A Training Company?

Successful professionals and businesses rely heavily on training companies to help them develop the necessary expertise. 

Thus, training firms are well-known for tailoring courses to meet the specific needs of their clients to boost employee and business productivity.

Training firms have been shown to boost productivity, efficiency, and morale, all while keeping businesses competitive.

How Much Does it Cost to Launch a Business Program?

It is important to know the cost of starting a business training program and how to start a training business, as this will determine the scope and type of program you can offer. You can get the training in various formats, from virtual classes to in-person seminars. Private coaching services come with an associated time and material cost. Launching a more extensive program with in-person and virtual components will require more funding. The following factors can help you estimate the price of launching your business training program:

  • If you have a client or student base, how much time do you anticipate spending with them?
  • What kind of materials do you need, and how much of it?
  • Does your company already have any necessary infrastructure (like an office, necessary tools, or an online learning management system)?
  • Is a minimum amount of advertising and promotion required to bring in customers or enrollees?
  • Do you have other operating expenses (such as insurance or permits)? 

You can better understand the initial investment required for your business training program if you answer these questions. If you want your online training business to succeed, you need to put in the necessary resources, but you must also be careful to spend your resources wisely. An effective business training program does not have to break the bank with careful preparation and execution.

Benefits Of Starting An Online Training Business

As reported by the Census Bureau's Business Formation Statistics, the number of businesses formed increased by 55% from January to November of 2021. Launching a training company can bring about a wide variety of positive outcomes. Five of the most notable are listed below.

  • You can set your hours and be your boss by starting a training company. You'll have complete control over your work schedule, who you serve, and your company's direction.
  • Second, you have the power to make a difference; clients of training companies can benefit from your services in meaningful ways. You can make a difference in people's lives by assisting them in developing their abilities and knowledge.
  • The potential for financial success; if your training business is profitable, you can make a comfortable living. The business world can provide a comfortable living for those who are dedicated to their work and skilled at it.
  • You get to set your hours if you own a training company. Your working hours can be arranged as needed to accommodate personal or professional obligations.
  •  You'll have plenty of business: Training companies are in high demand, particularly in fields that place a premium on lifelong learning. That's great news for anyone hoping to launch a thriving business and find a steady stream of customers. 

Businesses' training needs will increase as the economy transitions to a knowledge-based model.

How to Create Your Own Training Company: 10 Steps to Success

Starting your own training business can be a lucrative and fulfilling profession if you have a knack for teaching and a motivation to see others succeed. Below, we take a look at how to start a training business. You need to take several important steps to ensure your business is successful.

1) Identify your niche

One must first determine their target market to launch a successful training company. Can you name some concrete abilities or areas of expertise you can impart to others? This could refer to any skill set, from writing code to promoting an event to giving speeches. Pick a market segment that interests you and has a lot of potential customers.

Think about your passion and how you like to spend your free time. In what ways can your professional and personal experiences serve as a source of insight for others? There is a high demand for training in some areas, so it's a good idea to look into market trends and employer demands to find those niches.

2) Conduct market research

The success of your training business will depend on your ability to conduct market research after you have settled on a specific niche. It is essential to know your market, your audience, and their wants, needs, and problems. Google Trends, market research, and social media are just some online resources you can use to learn more about your target audience and the market.

To get accurate results from market research, one must be thorough and impartial. Assess the areas where your rivals excel and where you can set yourself apart. Find out what drives your intended trainees and how your training can help them succeed.

3) Develop a business plan

Business plans are like road maps for your training company; they detail the company's intended direction, purpose, and objectives. A market analysis, financial forecasts, and promotional plans should also be incorporated. When starting and expanding your business, having a well-thought-out business plan will help you maintain focus and make educated choices.

There are a few things to keep in mind when writing a business plan:

  • A synopsis of your company and its aims, or executive summary.
  • Market analysis, which is an examination of your target market and its other players.
  • Your products and services should include an explanation of the training programs you offer and how they cater to the specific needs of your customer base.
  • Strategy for promoting and selling your training to a specific demographic
  • Cost and revenue forecasts for a given time frame are what we call "financial projections."

4) Decide on your pricing model

Determine who you're trying to reach and what kind of training you provide, as these factors will inform your pricing strategy. You can set your hourly rates per session or unit of study. Providing bundles or discounts for multiple purchases or referrals is another option. Establishing reasonable rates that compensate for your education and experience is crucial.

When settling on a pricing strategy, it's important to think about the following:

  • How much are they willing to spend for those who will benefit most from your training?
  • Where can I find pricing information for similar classes offered by your competitors?
  • How much are you investing in the development and presentation of your training?
  • What sets you apart as a trainer, and why should someone invest in your course?

5) Create your training materials

The training materials you create should be adapted to the specific demographic and needs of the people using them. This could be in the form of video lectures, readings, assignments, and tests. Tools and platforms like Udemy and Teachable for online courses and video conferencing programs like Zoom are just a few examples of what you can use to design and deliver your training.

Keep these guidelines in mind as you develop your training materials:

  • Maintain a minimum level of complexity: Pay attention to the most important ideas and techniques your target audience must grasp.
  • Include visuals, audio, and user interaction to pique interest in your content.
  • Offer evaluations and suggestions for improvement to aid your audience in learning.
  • Keep abreast of the latest developments: Incorporate student feedback and adapt to industry shifts by updating your materials frequently.

6) Build your online presence

In today's digital age, it is essential for any business, including training businesses, to have a robust online presence. Get the word out about your training through various online channels such as social media, your website, and others.

Here are a few suggestions for enhancing your web profile:

  • Build a website to advertise your training services and inform potential clients. Sites like Wix and Squarespace make it possible to build a functional website with a polished design and no knowledge of HTML or CSS.
  • Use social media to spread the word about your training and connect with potential clients. Sites like LinkedIn, Twitter, and Facebook are perfect for this. 
  • Using these channels, you can distribute training materials, engage with your target audience, and gain followers.
  • Use email marketing because it's cheap and easy to promote your training and stay in touch with your audience. 
  • Mailchimp and Constant Contact are two examples of email marketing platforms that can be used to create and send emails to your subscribers, including newsletters, promotions, and more.

7) Utilize technology

The use of technology in education can improve the quality of training and save time. The following are examples of useful resources:

  • Using a learning management system (LMS) such as Moodle or Canvas, you can easily organize and distribute your training materials to your students, monitor their development over time, and offer them constructive criticism.
  • Technology like Zoom or Skype video conferencing features make it easy to hold real-time training sessions and engage with students.
  • Course, authoring tools like Articulate Storyline and Adobe Captivate allow instructors to make lessons beyond simple text to engage students in a more active learning experience.
  • Tools for evaluating students' knowledge can be found online, and sites like Kahoot and Quizlet are examples of such platforms.

8) Launch your training

You can now begin offering training after creating your training materials, establishing your pricing structure, and establishing your online presence. You can provide initial sessions at no or low cost to get the ball rolling and get people talking. Additionally, you can inquire within your social circle for recommendations and feedback.

As you roll out your training, be flexible and open to change in response to student feedback. This will aid you in maintaining your dedication to offering first-rate instruction tailored to your specific audience's needs.

9) Provide ongoing support and resources

Giving students access to resources and support after they've completed their training is essential. This can keep them interested and enthusiastic about the training and reinforce its value.

Some examples of ongoing assistance and material support are:

  • Social media groups, forums, and chat rooms can foster a sense of community among your students, allowing them to connect and share their experiences and knowledge.
  • If you want your students to continue learning after your training ends, you can provide additional training materials, reading lists, and other resources.
  • To ensure that your students can apply the skills and knowledge they acquire in your training to their unique situations, consider offering coaching or mentoring services on an ongoing basis.

10) Measure and improve your training

Last but not least, ensuring your training is constantly evaluated and enhanced is crucial to the success of your training business. Tools like surveys, feedback forms, and analytics can help you measure the success of your training and make adjustments based on student feedback.

For better training results, you can track and enhance the following areas:

  • Happy students: How happy are your trainees with their training? Do you know what you could do to make them happier?
  • Is there evidence that your trainees have retained and can use the information and skills you've taught them? What can you do to improve their educational outcomes?
  • Are you getting a good return on investment (ROI) from your training for your company and your employees? Is there a way to maximize the return on investment for your training?

4 Core Tools to Help You Start a Training Business

#1 educateme.

EducateMe - Core Tools to Help You Start a Training Business

EducateMe's straightforward interface is a great resource for anyone considering launching an online training enterprise. 

Whether it's live video instruction, boot camps, or full-fledged courses, this platform has you covered with fully automated features that maximize student potential. 

Educators have simple access to real-time lesson monitoring and rich analytic data in every training session. 

EducateME's email and automated feedback features make exchanging information easy for students and teachers. Users of this platform can also customize and access it on any device, made possible by EducateMe's flexible design.

Axonify - Core Tools to Help You Start a Training Business

This platform creates a unique approach to learning called “brain science-backed gamification”.. Axionify is a cloud-based microlearning platform with gamification features. 

This system caters instruction to learners' preferences and strengths through bite-sized learning modules. 

The Axionify platform has many features to increase employee participation, such as leaderboards, badges, and other gamified elements that promote healthy competition and socialization among workers. Companies can monitor employee development and pinpoint areas where they may need additional training, thanks to the analytics features of the platform.

With its innovative approach to education, intuitive interface, and cutting-edge analytics features, Axionify is an invaluable tool for any business that wants to foster a culture of lifelong learning and development.

#3 Path LMS

Path LMS - Core Tools to Help You Start a Training Business

Path LMS is a product of Blue Sky eLearn, and serves as an online learning management system. Organizations can use it to facilitate online educational content development, distribution, and administration. The Path LMS is an all-encompassing platform for designing and delivering interactive online courses, tracking the development of individual students, and analyzing the results of training initiatives.

The Path Learning Management System's features and capabilities include the following:

  • Course creation using multiple media types like video, audio, text, and images.
  • Content management.
  • Learner management.
  • Reporting and analytics.
  • Integrations with a wide range of third-party applications like Zoom.

Docebo - Core Tools to Help You Start a Training Business

Docebo is a cloud-based LMS that facilitates the development and distribution of educational content for online users. In addition to tools for making courses, the platform includes a catalog of available courses, a way to enroll students, monitor their progress, generate reports, and connect with third-party programs.

Because of its flexible design and extensive customization options, Docebo can be easily adapted to meet the needs of any business and reflect its brand image. In addition, it supports mobile use so that it can be accessed from anywhere and used for learning..

In conclusion, it can take time to grasp the essentials on how to start a training business. You can start a profitable and satisfying training business if you dedicate time and energy to defining your target audience, researching the market, writing a business plan, settling on a pricing structure, developing training materials, establishing your online presence, and releasing your training.

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  • What Is An eLearning Business

Why You Should Start An eLearning Business

  • eLearning Business Example
  • eLearning Business Plans (3 types)
  • How To Start An eLearning Business (6 steps)

Starting an eLearning business can be confusing.

You know you have the skill to teach, and some people want to learn it, but connecting the two and building a business around it? Man, where do you even start?

Well, it turns out, right here. 

At Uscreen we have lots of experience helping budding business owners, like you, start and grow their eLearning business. (Even if they have no entrepreneurial experience!)

And I’d like to share some of the major insights we’ve picked up along the way. Meaning you can get to work, safe in the knowledge you’re following the right steps.

So, if you want to start an eLearning business that is both profitable and enjoyable read on to find out more. We’re going to cover:

  • What is an eLearning business?
  • Why there’s never been a better time to start yours
  • A case study of a 5-figure eLearning business
  • 3 types of successful eLearning business models
  • How to start an eLearning business in 6 steps

Let’s go…

What Is An eLearning Business?

An eLearning business is an online platform that educates people, either by imparting niche-specific knowledge or teaching new skills. 

eLearning businesses generate income in a number of ways, but the most common are:

  • One-off sales of products like eBooks and courses
  • Subscription access to independent online schools

Self-paced online learning has become popular over the last few years – it’s worth around $103.8 billion – and the COVID-19 pandemic has accelerated the industry’s growth. (More on that next!)

So, what makes eLearning businesses so popular? Well, for students, it’s because they offer a lot of flexibility . They can choose their own…

  • instructors 
  • learning schedules
  • payment options

…to create a customized experience that fits their needs. These are all important elements that aren’t typically offered by traditional offline learning environments.

Instructors can also take advantage of higher levels of flexibility and creative freedom. You’re not bound by traditional syllabuses or teaching structures.

Instead, you can cover the topics that interest you, in the niche you care about, to provide the most value to your audience. Better still, you can work on your own schedule.

At Uscreen, we’ve seen people build profitable eLearning businesses around:

  • Arts & Crafts .
  • Basketball.
  • Self-Help .
  • Musical instruments.
  • Language learning.
  • Many, many more.

And, thanks to the COVID-19 pandemic, there has never been a better time to start an eLearning business. Here’s why…

COVID-19 has shaken up how we approach work, learning, and recreation. And, people from all over the world are turning to eLearning platforms in the “new normal”.

Specifically, we’ve seen a rise in 3 types of learners:

  • Those looking to grow and adapt to different ways of working.
  • Those looking to escape the pandemic through learning new skills and knowledge.
  • Those looking to learn in COVID-19 safe environments .

In fact, Google’s data shows a clear rise in people looking for terms like “online course” since the first lockdown measures were introduced:

education and training business plan

There’s now a clear opportunity for anyone who wants to start an eLearning business. The supply of online learning resources is nowhere near the current demand for it!

The Associated Press reports that demand will grow 10% each year until 2024 when it will reach a worth of $21.64 billion . (Tapping into just 1% of that industry would be $216.4 million!)

Better still, when you build your eLearning business using online video , it can be affordable to start and manage, with potentially high returns. Let’s look at an example to show you what I mean!

How Frances Long Built A 5-Figure eLearning Business

Frances Long runs Your Book Of Memories , where she teaches people how to make their own mini albums.

education and training business plan

Frances began by creating videos for her YouTube channel using a simple, inexpensive setup. Though the content of each video is complex, the creation of it is not.

Here’s one of her early videos so you can see what I mean:

Click here to watch the video -> youtube.com/watch?v=8idTnr4wdSk

Once she built a community on her channel, she pivoted to running her own eLearning business using Uscreen . 

Students can access her content in 2 ways:

  • They can pay a monthly fee for access to her school, and access all of the tutorials in her library
  • They can pay a one-off fee to access an individual tutorial

This gives Frances’s audience flexible access to her premium educational content. And, it gives Frances multiple income streams for her eLearning business.

education and training business plan

The combination of these simple elements helped Frances bootstrap her way to $13,000 in her first 4 months after launching, and her income continues to grow.

In the next section, we’re going to look at how you can start your own eLearning business, starting with choosing the right business plan.

The 3 Types Of eLearning Business Plan s

There are 3 different types of eLearning business plan you can use:

  • The “night school” model
  • The “academy” model 
  • The “combined” model

Let’s take a look at them and see which one is right for you…

Option 1: The “Night School” Business Model

The “night school” model is a classic if you just want to sell one-off access to a course. It’ll be familiar to you if you’ve ever taken an adult learning course.

Students…

  • pay an up-front fee for the course
  • follow a set structure from start to finish (with little deviation from the main topic)
  • finish the course with a test or quiz to show proficiency

…making them best suited for students who are focused on learning one topic or skill. 

InkWorkshops use this eLearning business model well. They sell individual access to laser-focused tattoo workshops:

education and training business plan

The benefit of this business model is that you receive a lot of up-front money. You can generate hype and sell access for a short time, which can translate into high earnings.

The downside is you only earn once from each customer. Once they have access, there’s no need for them to reinvest in this course.

You’re also limited to one topic per course, so you’ll need to create multiple standalone courses if you want to cover a variety of topics, which can be pretty time-consuming.

Option 2: The “Academy” Business Model

The “academy” model is a much longer-term option.  It’s where you create an online school that allows…

  • your students receive recurring value
  • you receive a recurring income

…in exchange for a recurring monthly subscription fee.

The academy style model allows you to focus on a breadth of skills your students will need. You can build an extensive library of tutorials to cover multiple necessary skills.

Let’s say you want to start an eLearning platform for guitarists. Instead of teaching one skill – like how to play a specific song – you could open it up to teach:

  • How to practice chord progressions.
  • How to restring your guitar.
  • The basics of finger-picking.
  • How to read sheet music.

These topics are far too complex and important to make part of one single course, so they all need to be taught as skills in their own right. 

Magic Stream does this extremely well. They’ve built an extensive catalog of videos that budding magicians can access for a minimal monthly fee:

education and training business plan

From the business side of this, there are lots of benefits.

You can earn a recurring income every month from both past and new students. And, you can continue to earn from content you uploaded months or even years before!

Option 3: The “Combined” Model

Okay, this is my favorite eLearning business model…

The “combined” model is where you take the night school and academy models and put them together to create a supercharged income opportunity.

Here you use:

  • the academy model as your core offering.
  • the night school model to provide flexible options or add-ons.

It could be that your customers want access to just one tutorial from your database, or you’re offering a special live stream session that’s worth paying a few extra dollars for.

Students are ready and willing to pay for these if they feel it will help them improve at what it is they’ve come to learn from you.

This is the same model that Your Book Of Memories used earlier in the post, so you know it’s tried and tested!

How To Start An eLearning Business In 6 Steps

In this section, we’re going to explore how to start an eLearning business and share the specific steps you need to take.  You’re going to:

  • Define your audience
  • Identify your core content
  • Pick and create 1-3 actionable lessons
  • Select your eLearning platform
  • Set your prices
  • Market your new eLearning business

Before we start, it’s going to be useful if you already have authority within an online community, or audience you’ve created, before you begin to build an eLearning business. 

This will give you better access to content ideas, potential customers, and initial feedback. While not essential, I do recommend you have this before you follow any of the steps below!

Let’s get into it…

1. Define Your Audience

The first step is to define your target audience. 

It’s useful to think of this as a subsection of your current audience. The 20% of people who will be interested in signing up for your premium service.

Ideally, you’ll build an “avatar” that is an amalgamation of the 6-8 key characteristics, wants, and needs that your customers share.

You should ask questions like:

  • How old are they?
  • What gender (if relevant) are they?
  • Where are they located?
  • What are they struggling with?
  • What do they want to achieve with the skills you’ll teach them?

The answers to these questions will differ depending on your niche and what you teach. The best way to answer them is to reach out to members of your current audience and ask them!

Here is a great video from entrepreneur, Eben Pagan , on how to create a customer avatar, with specific examples from an eLearning business:

Click here to watch the video -> youtube.com/watch?v=08-_QTkcJx4

2. Identify Your Core Content

The next step is to identify the specific lessons your audience needs the most.

These are the core skills that will have the biggest impact on your audience’s success. If they come away armed with these 1-3 things, they’ll have got their money’s worth.

This will help you ensure your existing customers are satisfied and help you to attract new customers with your core materials.

Let’s say you’re building an eLearning business for creative freelancers. You might create your core lessons around:

  • Acquisition: how to find and pitch to new clients
  • Productivity: how to manage your time and workload
  • Negotiation: how to effectively raise your rates

This is something we do in our own eLearning products. For example, in Fitness Accelerator , we focus on 3 core categories for our video tutorials:

  • Setting up: how to set up your online fitness platform
  • Pro tips: how to create engaging, professional content
  • Marketing: how to grow your online fitness business

Here’s how that looks on the website:

education and training business plan

These core elements should hit the key needs and take your customers towards their desired end result.

3. Pick & Create 1-3 Actionable Lessons

In this step, you’re going to drill down and create some actionable lessons.

I recommend you create a completable “module” for each of your core content categories before you launch your eLearning business.

Sticking with the creative freelancer example from above, this might look like:

  • Acquisition: how to write a high-converting outreach email
  • Productivity: how to structure your working day
  • Negotiation: 10 key things your proposal needs to have

The point here is to choose high-value lessons that set the tone for your future content, and can generate early results or progress for your customers!

If you’re starting off on a low budget, here is a great video from Think Media on how to create your first videos using only your smartphone:

Click here to watch the video -> youtube.com/watch?v=ek53TQ9U35o

4. Pick Your eLearning Platform

It’s time to look at where you’re going to build your eLearning business.

You may already have considered some “education” platforms that allow you to host single courses, but I’m going to recommend you consider a more comprehensive solution. 

Specifically, I’m going to recommend you use a video monetization platform. Here’s why…

Video is the most effective way of teaching people remotely. It allows you to convey complex information easily. Just ask the 86% of people who use YouTube videos to learn new skills !

You also need a platform that allows you to:

  • Create your own controlled learning environment
  • Connect directly with your audience within a standalone platform
  • Offer a wide range of payment options
  • Create combinations of monetization options
  • Use analytics for both your videos and marketing
  • Take control of your income

You can do all of this – and much, much more – by using Uscreen . You can find out more about us, and what we offer, by clicking here or watching the video below:

Click here to watch the video -> youtube.com/watch?v=fxAZYn6gj74

5. Set Your Prices

Next up, let’s look at how to set prices for your eLearning business.

In the video below one of our resident video experts, Nick Nimmon, will talk you through a tried and tested strategy for setting prices for online courses and eLearning businesses.

Check it out:

Click here to watch the video -> youtube.com/watch?v=0YkQySdR9VU

6. Market Your eLearning Business

The final step is to begin marketing your eLearning business. This is where having an existing audience really helps!

I recommend you start by identifying your existing marketing channels, like…

  • your newsletter
  • social media feeds
  • YouTube channel audiences
  • community forums 

…and promote your new platform there. 

education and training business plan

You should also consider using YouTube to create a marketing “funnel”. This is where you share:

  • Top-level videos to engage potential and new audience members
  • Middle-level videos to begin educating them
  • Bottom-level videos, like trailers, to point them towards your platform

You can learn more about how to create a YouTube marketing funnel here .

Better still….

You can use Uscreen’s marketing tools to build more comprehensive and effective marketing campaigns. With them, you can:

  • send abandoned cart emails
  • create “reduce churn” sequences
  • offer high-converting free trials
  • share promotional coupons
  • connect with 1000+ tools via Zapier

…so you can build tailored campaigns to market your eLearning business, your way.

Bonus: Join Uscreen’s Instructional Video Business Accelerator

We created the Instructional Video Business Accelerator for those of you who are serious about starting an eLearning business.

Uscreen's elearning video business accelerator landing page

The Instructional Video Business Accelerator is a self-paced program that helps you learn the core skills you need to build a long-term eLearning business. It’s made up of hours of video tutorials that will help you:

  • Create your eLearning business.
  • Record impactful video lessons.
  • Build a community of excited students.
  • Effectively market your platform.

The Instructional Video Business Accelerator is automatically accessible to all eLearning Uscreen clients. Start your free trial to get access today ! Be sure to check eLearning as your industry while signing up.

Wrapping This Up…

There has never been a better time to start an eLearning business. COVID-19 has changed the way people want and need to learn, and the demand is higher than ever.

If you want to learn more about the key skills you need to launch and grow your own eLearning platform, be sure to check out Uscreen’s Instructional Video Business Accelerator!

Care for an on-demand demo?

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James Johnson

James is a Photography YouTuber from Manchester, England. A former digital nomad, he’s been working online and in the creator economy for over a decade.

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How to start a training business: a comprehensive guide to success, share this article.

Imagine standing on the edge of a vast field, one that’s fertile and primed for cultivation. This field represents the training business landscape, brimming with potential and ripe for cultivation by the right entrepreneur. 

Starting a training business requires preparation, careful planning, diligent maintenance, and a touch of creativity.

There’s no better time to seize this opportunity, particularly considering the high demand for training services. From professional skill enhancement to personal development, more people than ever are looking for comprehensive, accessible training to help them reach their goals. This demand is expected to increase further in the coming years, making it a potentially lucrative venture for those who are ready to till the soil.

Skip ahead: 

Identify Your Niche

Create a business plan, legal considerations, establish your training center or online platform, develop your training programs and curriculum, marketing your training business, measure success and refine your strategy, tips for growing your training business, frequently asked questions, steps to starting a training business.

Venturing into the vast field of starting a training business might seem daunting at first glance. However, breaking it down into manageable steps can help make the task less overwhelming and more approachable. 

Each step represents a crucial part of the process, from the initial stages of identifying your niche to creating a business plan to finally measuring your success and refining your strategies. Keeping track of these steps not only ensures that no important detail is overlooked but also facilitates a smooth and organized business setup.

Choosing your niche can be intimidating, but it’s absolutely critical to the success of your business. 

This vital first step begins with an assessment of your skills and expertise. Are there certain areas of knowledge or skills you’ve amassed that could prove beneficial to others? 

Perhaps you have years of industry-specific experience or an advanced degree in a specialized field, which you can then channel into the training landscape.

In addition to understanding your expertise, it’s crucial to analyze market demand for your chosen niche and scrutinize both existing and potential competition. 

This entails conducting a rigorous research process to grasp the specific needs, interests, and preferences of potential learners. 

  • Are there sufficient individuals interested in your area of expertise? 
  • How can your offerings stand apart in the current competitive landscape? 

The insights gleaned from this process will enable you to maximize the yield from your entrepreneurial field.

Related: Training Ideas Generator

Your business plan serves as your entrepreneurial guide, providing essential direction and structure for your training business. 

Begin with establishing your mission and vision, which convey the core purpose of your business and the future you aim to shape through your services.

Identifying your target audience is the next crucial step. By thoroughly understanding the demographics, preferences, and learning styles of your prospective clients, you can ensure your services are finely tailored to meet their needs. 

The business plan should also include measurable goals and milestones that will mark your progress on your entrepreneurial path. Whether it’s acquiring a specific number of learners in the first year or launching a designated number of courses, these goals serve as signposts to guide and inspire your efforts.

To develop a comprehensive business plan, consider including:

  • Executive Summary: An overview of your business and plans.
  • Company Description: Details about what your company does and who it serves.
  • Market Analysis: An examination of your industry, target market, and competitors.
  • Marketing and Sales Strategy: Your plans for attracting and retaining customers.
  • Service Offerings and Pricing Structure: A detailed explanation of your services and pricing.
  • Management and Organizational Structure: The structure of your company and the roles of each team member.
  • Financial Projections and Funding Requirements : A projection of future revenues and expenses and details of funding requirements (if applicable).

Deciding on your business structure is akin to laying the foundational bedrock upon which you’ll sow the seeds of your enterprise. There are several options available:

  • Sole Proprietorship: A simple structure for a single owner who wants to control all business decisions and responsibilities.
  • Partnership: Suitable for businesses with multiple owners who share in the company’s profits and losses.
  • Limited Liability Company (LLC): This structure limits owners’ liability for business decisions or actions of the LLC.
  • Corporation: A complex structure that involves legal protection and requires a board of directors, corporate officers, and shareholders.

Each of these options comes with its unique benefits and drawbacks. It’s advisable to consult with a legal professional or business advisor to help you select the most appropriate structure for your training business.

Just as a farmer requires an optimal plot of land to sow their seeds, you too need to establish the ideal platform for your training services. This could be a physical training center or an online platform . 

Both come with distinct advantages, and the most suitable choice depends on your target audience, budget, and the nature of your training programs.

A physical location provides a conducive environment for in-person interactions and hands-on training. Conversely, an online platform enables you to cast your net wider, potentially attracting a global audience, and offers the added benefits of flexibility and convenience. You can also deliver a mix of in-person and online training.

It’s also worthwhile considering the investment in a user-friendly Learning Management System (LMS) or an online training platform to enhance your training delivery.

As you establish your training platform, you’ll also need to determine the method of delivery for your training. 

Will it be in-person workshops and seminars, online courses and webinars, or a blended learning approach that combines the two? 

The necessary technology, equipment, and software for your chosen delivery method should also be part of your consideration.

Developing your training programs and curriculum forms the heart of your training business. Your actual training materials need to be engaging and high-value, capable of inspiring your audience and helping them to achieve their goals.

The key to crafting effective training programs and courses lies is understanding your target audience. Delving deep into their needs, preferences, challenges, goals and learning styles can inform the structure and content of your training programs. 

  • Would they thrive better in self-paced environments, or do they require the structure and guidance of an instructor-led program? 
  • Would they value the weight of a certificate program or the flexibility and diversity offered by a series of short courses?

When developing your curriculum, it’s crucial to consider these factors, shaping your offerings around the unique requirements and aspirations of your learners. You should commit to regular updates to your training materials. 

By aligning your content with the latest trends, research, and industry practices, you maintain the relevance and value of your courses. 

This ensures your programs are not just a static product but a dynamic learning experience that evolves with the times and keeps your training business at the forefront of the industry.

Remember, a successful curriculum is not just about knowledge transmission; it’s about creating transformative learning experiences that empower your audience, helping them grow and flourish in their respective fields.

Marketing catalyzes growth in your business. Begin by building a strong brand identity that reflects your values and mission, creating an impression in the minds of your clients about your business.

Develop a marketing strategy that effectively leverages the right channels to reach your target audience. This could encompass a blend of traditional advertising and digital marketing techniques.

Harness the power of social media, content marketing, and Search Engine Optimization (SEO) to augment your online visibility. These tools can boost your engagement with potential clients and expand your digital footprint.

A robust marketing strategy might also involve developing a website and optimizing it for search engines. 

Utilize social media platforms and online forums to promote your training business and network with industry professionals and potential clients. 

Offering free resources or introductory workshops can demonstrate your expertise, generate interest, and attract prospective learners to your programs.

Lastly, consider your pricing and payment options. Research competitors’ pricing structures to establish competitive rates. 

Offering various payment options such as credit cards, PayPal, and invoicing for corporate clients, along with discounts for group bookings, early registration, or loyalty programs, can provide additional appeal for prospective clients.

In your journey towards establishing a thriving training business, tracking progress and refining your strategy is not just the final step but a continuous one. 

Make a habit of regularly evaluating your business performance against your established goals and milestones. This assessment should cover various areas of your business – from customer acquisition and retention rates to course completion rates and overall financial health.

One of your richest sources of improvement ideas comes directly from your clients. Make it a practice to gather their feedback , as their perspectives can provide invaluable insights into how your services are received.

Feedback, both positive and critical, can reveal opportunities for growth, enhancement, and innovation that you might not have considered otherwise.

Finally, you must remain adaptable and ready to adjust your strategy as required. The business landscape, much like nature, is in a constant state of flux. Whether it’s a shift in market trends, advancements in training technology, or changes in your client’s needs, your readiness to evolve with these changes is crucial.

A successful training business isn’t static; it grows and adapts, continually evolving to meet the needs of its clients while maintaining its financial health. 

This continual refinement and adaptation are what will ensure your training business doesn’t just survive but thrives for the long haul.

The most successful training entrepreneurs actively seek growth strategies for their businesses. They strive for excellence, going out of their way to learn the latest and greatest strategies.

Here are a few practical tips that can help drive the growth of your training business:

  • Collaborating with Industry Experts: Teaming up with industry experts can significantly boost the quality of your training content. These specialists bring a wealth of experience, knowledge, and credibility to your programs, making them more attractive to potential learners. Collaborations can also lead to the expansion of your professional network and present more growth opportunities.
  • Offering Certification Programs: Certification programs provide added value for learners, acting as a seal of quality assurance and competency in their chosen field. By offering certification programs, your training business can stand out from the competition, attracting more clients seeking recognition for their newly acquired skills.
  • Expanding Your Services and Target Markets: Never limit your field. Consider expanding your service offerings or venturing into new target markets. With the world becoming more connected every day, there’s potential to reach diverse audiences seeking knowledge in various fields. Always be open to new opportunities and keep your finger on the pulse of market trends and demands.

Remember to keep an eye on the competition, too. Is there something extra your competitors offer? What can you do to set yourself apart?

Growth can feel like pulling teeth at first – but with a few strategies and the right approach, you’ll see numbers start to skyrocket. 

Like a good harvest, reaping the fruits of a successful training business is a rewarding experience. It’s a journey that starts with identifying your niche, creating a comprehensive business plan, and navigating the legal landscape. 

It involves setting up a conducive platform for training, developing engaging programs and curricula, and executing effective marketing strategies.

Growing your training business is a continuous endeavor, and with the right mindset and strategies, you can ensure the fertility of your professional field. Collaborations, certification programs, and the expansion of services can all play a significant role in this growth process.

Download the In-Depth Checklist: How to Start a Training Business

Equip yourself with the essential knowledge and guidance you need to launch your training business successfully. Our comprehensive In-Depth Checklist provides a step-by-step roadmap, empowering you to navigate the intricacies of starting a training venture with confidence.

Q. What are the initial costs of starting a training business?

The initial costs of starting a training business can vary widely, depending on several factors. If you’re starting an online training business, for instance, costs will generally be lower than setting up a physical location. 

Primary costs may include investing in a high-quality learning management system (LMS) or online training platform, creating course content, and marketing your services. If you opt for a physical training center, you’ll need to factor in the rent or purchase of a location, outfitting the space for learning and potentially hiring staff.

 Consultation with legal professionals, business registration, and obtaining necessary permits also add to initial expenses. It’s crucial to outline these costs in your business plan for a clear financial overview.

Q. How do I price my training services?

Pricing your training services should consider several factors: the cost of producing and delivering the training, your time and expertise, market rates, and the perceived value to your learners. 

Research your competitors’ pricing strategies to understand what your target market expects to pay. Offering various payment options and discounts for early registration, group bookings, or loyalty programs can also enhance your pricing strategy’s attractiveness.

Q. How can I differentiate my training business from competitors?

Differentiating your training business involves highlighting what makes your offering unique. It could be your unique expertise, the quality of your course content, collaboration with industry experts, or offering certification programs. 

Tailoring your programs to the specific needs of your target audience and providing an exceptional learning experience can also set you apart. Remember, your brand identity plays a crucial role in differentiating your business in the market.

Q. What are the best marketing strategies for a training business?

Effective marketing strategies for a training business include developing a strong online presence through a user-friendly, SEO-optimized website. 

Utilizing social media platforms, offering free resources or introductory workshops, and networking with industry professionals can also enhance your visibility. 

Remember to leverage content marketing to showcase your expertise and engage potential clients. Your marketing strategy should be as dynamic as the market itself, adjusting to trends, audience preferences, and business goals.

Q. How do I ensure the success of my training business in the long run?

Long-term success in the training business requires continuous evaluation and adaptation. Regularly assess your business performance and gather feedback from clients to understand what works and what needs improvement. 

Keep your training materials up-to-date and relevant to ensure they continue to meet your learners’ evolving needs. Lastly, consider growth strategies such as collaborating with industry experts, expanding your services, and venturing into new markets. 

Ensuring the success of your training business requires ongoing care, creativity, and diligence.

This article was originally published July 2023 and was updated in October 2023 to be even more useful.

Daniela Ochoa is the go-to Content Marketing Specialist here at Thinkific Plus! With years of experience in marketing and communications, she is passionate about helping businesses grow through strategic storytelling, innovative digital campaigns, and online learning at scale.On this blog, she shares her expertise in content marketing, lead generation, and more.

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></center></p><h2>How to Start an Online Education and Training Business?</h2><p>eLearning is the first foray into online education. Invented in 1998, eLearning is 22 years old! Online learning has increased in popularity in recent years to become one of the biggest trends in education.</p><p>Through its innovative technologies and flexible delivery, online learning (also referred to as remote learning) has provided an effective alternative learning option that eliminates the need to be physically in a classroom.  </p><p>With the drastic changes in the concept of traditional education in the last few years, many people are now seizing the   opportunity to start an online education and training business .</p><p>Thanks to advancements in technology and the availability of great learning platforms like Instancy.com, anyone can grab a piece of this lucrative pie.  </p><h2>Benefits of Starting an Online Training and Education Business</h2><p>If you are wondering why an online training business is a great idea and why you should start yours, here are five benefits you should consider.  </p><h2>1. Demand is high  </h2><p>There’s a spike in demand. The online training sector’s projected growth in the US alone is $15.86 billion for 2021. It is no longer considered a fad – it is mainstream across all educational institutions and corporations. Learners are seeking access to quality knowledge content outside of work and school.  </p><h2>2. Minimal setup costs  </h2><p>Unlike setting up a brick-and-mortar school, you don’t need to spend a fortune to start your online education business. The business model doesn’t require expensive equipment, a fleet of vehicles, rent for premises, utility bills, insurance, and other expenses. Setting up and operating your online training business is super-easy and cost-friendly. There are useful cloud-based apps like Instancy that allow you to set up your business in minutes within your desired budget so you can break even and start turning a profit in no time.  </p><h2>3. Convenience  </h2><p>One of the alluring attractions to starting an online training and education business is that it allows you to work from home. There is no need to go in to work daily. You can design and develop courses from anywhere, anytime, and on your schedule.</p><p>The convenience drills down to your students as well. Flexibility is key to maintaining a work-life balance during 2020, and this business model is ripe with opportunities.  Research shows a 25-60% retention rate for online learning.  </p><h2>4. Flexible work hours  </h2><p>Starting an online education and training business makes it possible for you to earn while working around your schedule. Whether running an online training business full-time or part-time, you can adjust your work-life balance accordingly. Very few businesses give you control of the hours you work like this one.  </p><h2>5. Technology  </h2><p>The recent advancements in technology have made it possible for online instructors to achieve the same results traditional instructors do. We have plenty of online educational tools and apps, such as Instancy, to make the process easier and hassle-free. </p><p>Technology enhances learning since you can easily send educational materials to students in various formats such as videos, pictures, audio podcasts, etc., allowing for higher engagement levels.  </p><h2>How to Start an Online Training Business? </h2><p>The first step in the process is to make up your mind to start an online training and education business. Once you decide to move forward, you can begin the setup process.  </p><h2>1. Choose your niche: </h2><p>The first thing to do is to consider your expertise. Because of the interest and demand in online education and training, many topic areas have brisk sales. Some topics are academic, some are corporate, and some are for the general population. Do you want to cater to a specific demographic, such as children? Take ample time to research your niche; otherwise, you may offer a course with no takers! </p><h2>2. Check out the competition  </h2><p>When considering an online learning business, competition is good. Rarely do you want to be the first to market. It is a good idea to perform a comprehensive study of the marketplace. Research to learn about the services competitors offer and their rates. Look for any gaps in products or services as those gaps may be an area where you will stand out.  </p><h2>3. Decide how you are going to provide your services  </h2><p>Do you plan to offer your education products nationally or globally? Some businesses also decide to target the local market only. The choice is yours!</p><p>Do you want to provide a blended learning experience where students access different learning modalities, such as self-paced eLearning?  Is instruction completely remote, or should students expect to spend some time in a physical classroom? Because of the pandemic, most online education businesses now prefer blended learning; i.e., you need to deliver virtual classrooms for one or more users/learners. You need to provide digital content in various formats, including video, online quizzes, audio podcasts, discussion forums, chat, and more.  </p><h2>4. Decide a consistent fee scale  </h2><p>Deciding how much to charge is probably the most challenging part of the planning process. Be objective and try to determine competitive price points. Also, consider the actual value of your course. What are students paying for similar classes? Charge too much, and you will get fewer sales. Charge too little, and you are leaving money on the table. Let’s look at one example.  </p><p>At the moment, you have two types of pricing. You sell your courses, quantity one, or ala carte. The alternative is to sell a recurring membership subscription to a course or content library.  </p><p>The membership subscription will be more profitable long term because this is a recurring fee!  </p><h2>5. Choose a name  </h2><p>Next, pick a name for your business. Your choice of a name matters as it is part of your brand, so consider choosing a name that sets your services apart and Google it to ensure that it’s available. It might also help to ask other people’s opinions on a name.  </p><h2>6. Deal with the financial and legal issues  </h2><p>Remember that starting an online education business is more than just a way to earn an income. It is a business, and you will have to file for the appropriate small business license in your state. Consider speaking to a small business lawyer to find out about the best way for you to file.  </p><h2>7. Gather the tools you need for business  </h2><p>If you’re starting an online business, you need to ensure that you are well-equipped to provide your students’ quality services. It’s also essential to choose a suitable online learning platform. Instancy is an excellent platform to consider.  </p><h2>Why choose Instancy as your training and education business learning platform?</h2><p>Instancy Learning Platform and Learning Experience Platform is a powerful yet simple-to-use framework that includes five integrated products you may also deploy in a modular way as required: </p><p>1.  Instancy Learning Management System (iLMS)</p><p>2.  Instancy Learning Content Management System (iLCMS) and Authoring Tools</p><p>3.  Instancy Mobile Learning Apps Platform for iPhone, iPod Touch, iPad, Android Phones and Tablets</p><p>4.  Instancy Learning Record Store (iLRS)</p><p>5.  eCommerce and Catalog Management</p><p>The Instancy software-as-a-service platform may be deployed as a branded online learning portal.</p><p>Instancy’s multi-tenant architecture enables learning organizations to create multiple sites for = training business clients and reseller partners.  </p><h2>Instancy Learning Management System (iLMS)</h2><p>Instancy’s iLMS  lets you plan, manage, deliver, and evaluate personalized and blended learning programs. Whether you’re working with eLearning, classroom training, webinars, video tutorials, or informal learning, Instancy’s system gives you the ease, flexibility, automation, and capabilities you need.  </p><p>Key Features:  </p><p>1.  Design your learning portal and sub-portals the way you want</p><p>2.  Deliver eLearning, blended learning, assessments, and performance support</p><p>3.  Manage the calendar of events and classroom training</p><p>4.  Deliver and manage virtual classroom training</p><p>5.  Engage your learners with social learning and provide the ability for knowledge collaboration</p><p>6.  Manage skill-competency based learning</p><p>7.  Manage learning assignments, reports, and analytics</p><p>8.  Deliver and track Experience API (xAPI), SCORM, and AICC (eLearning standards) course packages</p><p>9.  Leverage Instancy’s Application Programming Interface (API) to create a seamless workflow between iLMS and other applications. Related Read:  11 REASONS WHY OPTING FOR AN LMS IS A SMART DECISION FOR YOUR ORGANIZATION</p><h2>Instancy Learning Content Management System (iLCMS) and Authoring Tools</h2><p>Speed up content production for eLearning and instructor-led courseware with reusable learning objects to enhance learning effectiveness and reduce training project costs with our robust framework.</p><p>Instancy Learning Content Management System  (iLCMS) offers collaborative content publishing workflows that allow you to coordinate the tasks of multiple contributors and reviewers across the content supply chain.</p><p>Manage content submissions from numerous sources, expedite updates, and ensure the right individuals’ published content routes in the proper format. </p><p>1.  Manage your source content in a single repository and update as needed in Instancy’s Learning Object Repository (iLOR).</p><p>2.  Create powerful eLearning content rapidly and cost-effectively with Instancy’s web-based eLearning Authoring Suite.</p><p>3.  Multiuser and collaborative author and reviewer workflows Effortlessly convert your MS-Word documents into engaging eLearning content using Instancy MS-Word storyboard to the eLearning conversion tool</p><p>4.  Convert your existing MS-PowerPoint presentations into engaging eLearning content using Instancy MS-PowerPoint to the eLearning conversion tool</p><p>5.  Create online assessments and surveys</p><p>6.  Sequencing rules to personalize content delivery</p><p>7.  Automate the complete workflow for creating, delivering, and managing test preparations</p><p>8.  Training event management and blended learning</p><p>9.  eLearning standards (SCORM, AICC, xAPI) support</p><p>10 . Media resource management</p><p>11.  Multi-language support to localize learning content</p><h2>Instancy Mobile Learning Apps for Your Training & Education Business</h2><p>Empower your customers. Deliver learning and on mobile platforms.  </p><p>Instancy Mobile Learning App Platform™  enables you to create, manage, and deliver mobile learning to multiple mobile devices from within one integrated Learning Management System (LMS). </p><p>Key Features:</p><p>1.  Mobile learning management system</p><p>2.  Distribute learning content on native apps (iOS and Android)</p><p>3.  Design wizard to configure the native apps</p><p>4.  Create and deliver mobile learning content</p><p>5.  Event management and registration workflows</p><p>6.  Quizzes & assessments</p><p>7.  Online surveys</p><p>8.  Document sharing</p><p>9.  Create audio and video content library</p><p>10.  Enable your learners to purchase from their mobile device</p><p>11.  User management</p><p>12.  Reports & analytics on learning progress</p><p>13.  Access content and assignments offline</p><p>14. Track offline and synch learner experience and progress using experience API (xAPI) within Instancy native learning apps</p><h2>eCommerce and Catalog Management</h2><p>Merchandize your training and educational offerings and digital content through various eCommerce and payment options.  Instancy eCommerce management system  integrates with multiple payment gateways, including PayPal, Stripe, and Authorize.Net, and comes with an integrated shopping cart interface. </p><p>1.  Create a catalog of training and education resources</p><p>2.  Manage eCommerce transactions for eLearning courses, virtual classrooms, video, online assessments, exam preparation packages, learning tracks/packages, shippable products, and more</p><p>3.  Enable classroom and training event registration and payments</p><p>4.  Enable eCommerce based recurring payments or membership subscriptions</p><p>5.  Enable multiple offline payments and approval workflows Support discounts and coupons</p><p>6.  Email notifications to end-users and administrators Monthly sales reports</p><p>7.  Integrate your catalog listing with your web site, including single single-on</p><h2>Instancy Learning Record Store (iLRS) and Experience API Integration</h2><p>The  Instancy Learning Record Store  (iLRS) is a cloud-based web application that receives and stores real-time learning activity statements generated by the Experience API, whether that content or applications are inside or outside the Instancy Platform. </p><p>The Experience API and Instancy LRS allow you to track learning activities anywhere and everywhere – web browsers, mobile apps, simulations, performance support, social learning, business applications, and more. You can follow any action, store the information into Instancy LRS, and generate meaningful reports. </p><p>1.  Repository of learning activities ranging from formal eLearning courses, performance support, training simulations, and games to informal learning activities such as learner-generated content, learning sharing, and online discussions</p><p>2.  Learning analytics, dashboards, and reports across all learning activities, including assignments, course progress, completion, assessment, surveys, and certifications</p><p>3.  Out-of-box integration with Instancy Learning Management System (iLMS) and Instancy Learning Content Management System (iLCMS)</p><p>4.  Receive xAPI data from external sources and OAuth integration</p><p>Find out more about the Instancy Learning Platform with a demo and free trial by clicking  https://www.instancy.com/schedule-meeting.html.   You’ll be amazed at the ease with which you get up and running. The Instancy Support Team is here for you – we want you to succeed.  </p><h2>Your learning business is unique. We configure the right learning platform solution that fits you like a glove.</h2><p>About the author, harvey singh, instancy social learning network:, start learning.</p><p>Learning Provider Solutions </p><p>Trainers & Coaches</p><p>Training Business</p><p>Trade Association</p><p>Higher Education Institution</p><p>K-12 Education Institution</p><p>Customer Education</p><p>Channel Partner Training</p><p>Sales Training and Enablement</p><p>Customer Service Training</p><p>Employee Training and Development</p><p>Employee Onboarding</p><p>Compliance Training</p><h2>Sign Up for Newsletter</h2><p>To Get The Latest Updates Directly To Your Mailbox!</p><p>Invalid value</p><p>Chart Learning Learn on Demand Talent Quest eLearning Health & Wellness</p><p>Reseller Contact Us Terms of Use Privacy Policy</p><p>  Toll Free: +1-877-548-3360</p><p>info@instancy.com</p><p>© 2023 Instancy Inc. 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Corporate Training Business Plan [Sample Template]

By: Author Tony Martins Ajaero

Home » Business Plans » B2B Sector

Do you want to start a corporate training business? If YES, here is a sample corporate training business plan template & FREE feasibility report. 

If you are a business coach or someone who has background in training, and you want to start a business, then you should consider starting your own corporate training firm. There are many corporate organizations, executives, entrepreneurs and even startups that will be more than willing to patronize your services.

Being a corporate trainer means that you will help your clients handle everything that has to do with training of their employees. That is, your goal as corporate trainer is to improve overall productivity. Starting a corporate training firm is not too expensive except for the money required to rent and furnish an office space.

Running this type of business requires that you should be trained as a brand business coach and a peak performance specialist, and it is indeed a very lucrative business in the United states because every company wants to establish themselves as a world leader in their industry.

If you are truly convinced that starting a corporate training firm is the right business for you to do, then you need to write your own business plan. Below is a sample corporate training firm business plan template that will help you successfully write yours with little or no stress.

A Sample Corporate Training Business Plan Template

1. industry overview.

This industry includes companies that offer short duration courses and seminars for management and professional development.

Training is provided through public courses or through employers’ training programs, and the courses can be customized or modified. Instruction may be provided at the company’s training facilities or educational institutions, the workplace or the home and via television or the internet.

A close study of the Business Coaching industry shows that the industry is heavily reliant on demand from its largest market, the middle and senior management of US corporations. After rebounding from a period where businesses cut back on non-essential expenses, including employee business coaching programs, the industry is expected to flourish over the five years to 2017.

Although some companies will use internal resources for training, industry revenue is forecast to increase albeit at a slightly slower rate over the five years to 2022. In the future, the adoption of online training is expected to bolster the industry.

This alternative is a more affordable and flexible option for customers and offers lower operating costs for training providers.

The business coaching industry is in the mature phase of its life cycle and luckily for the industry, the advent of digital media has provided an opportunity for the industry to explore and experience vibrant growth. Of course, the industry is becoming more concentrated, as seen by a few large global firms dominating the market and gaining huge market share.

The Business Coaching industry is indeed a very large industry that is pretty much thriving in all parts of the world especially in developed countries such as United States of America, Canada, united kingdom, Germany, Australia, France and Italy et al.

Statistics have it that in the United States of America alone, there are about 51,532 licensed and registered business coaching cum corporate training firms responsible for employing about 88,222 employees and the industry rakes in a whooping sum of $11 billion annually with an annual growth rate projected at 3.5 percent.

It is important to state that no establishment has a lion share of the available market in this industry. A recent report published by IBISWorld shows that the rapid pace of technological change and overall shorter product life cycles have altered the skills required to be an effective manager.

To keep up with these changes and develop the skills of senior employees, many companies use business coaching seminars, such as the ones offered by the Business Coaching industry.

Large corporations have placed a greater value on seminars and workshops, resulting in higher industry demand. Courses related to new skills such as information technology and change management, have been growing areas for the industry.

As acceptance of the value of professional development and continuing education classes, the industry has benefited immensely because companies looking to host these courses often seek out industry operators.

As a corporate trainer, the key attributes needed to be able to make good success from the trade is patience, enthusiasm, passion about the specific subjects / skills to be tutored, and constant positivity. You are also expected to be highly proactive, be good at planning, preparation, and certain other organizational skills.

It is one thing to have a skill and it is another thing to know how to teach people the skills which is why you must constantly get feedback from your clients to be able to measure their progress and your performance.

2. Executive Summary

Jules Atkinson & Co® Corporate Training Firm, Inc. is a U.S based corporate training firm that will be located in Lake Street, Petoskey – Michigan. We have been able to secure a standard office facility in a central business district in Lake Street.

We are a corporate training firm that is set to compete in the highly competitive business coaching cum corporate training industry not only in the United States market, but also in the global market because our clientele base will not be restricted to just businesses and organizations in the United States but in the international market.

Jules Atkinson & Co® Corporate Training Firm, Inc. will offer robust corporate training to both corporate organization and individuals. Our core training areas will revolve around management development training, professional development training, quality assurance training and business coaching.

Our business goal is to become one of the leading corporate training firms in the United States of America with high profile corporate clients scattered all around the globe. Our workers are going to be selected from a pool of talented business coaches and corporate training experts in and around Petoskey – Michigan and also from any part of the world as the business grows.

We will make sure that we take all the members of our workforce through the required training that will position them to meet the expectation of the company and to compete with leading corporate training firms in the United States and of course throughout the globe.

At Jules Atkinson & Co® Corporate Training Firm, Inc. our client’s best interest will always come first, and everything we do will be guided by our values and professional ethics. We will ensure that we hold ourselves accountable to the highest standards by meeting our client’s business needs precisely and completely.

Jules Atkinson & Co® Corporate Training Firm, Inc. is founded by Jules Atkinson and she will run the business with other partners.

Jules Atkinson is a renowned business coach and corporate trainer. She has over 10 years of experience as a business coach and corporate trainer both in the United States of America and Canada. She has several business coaching and corporate training certifications and is a certified NPL practitioner.

3. Our Products and Services

Jules Atkinson & Co® Corporate Training Firm, Inc. is going to offer varieties of corporate training services within the scope of the corporate training and business coaching industry in the United States of America.

Our intention of starting our corporate training business is to help in developing our clients in any skills and knowledge of their choice as it relates to specific useful competencies; we want to help our clients develop their capability, capacity, productivity and performance and of course to also make profits from the corporate training industry and we will do all that is permitted by the law in the US to achieve our aim and business goal.

We will work hard to ensure that Jules Atkinson & Co® Corporate Training Firm, Inc. do not just work for clients in the United States of America, but also for clients in other parts of the world. Our service offerings are listed below;

  • Providing management development training
  • Providing professional development training
  • Providing quality assurance training
  • Providing business coaching
  • Leadership skills
  • customer services skills
  • Financial management skills
  • Management skills
  • Interpersonal and Relationship management skills
  • Online business Coaching Services

4. Our Mission and Vision Statement

  • Our vision is to build a highly competitive and effective corporate training business that will become the number one choice for both individuals and corporate organizations in and around Petoskey – Michigan and the whole of the United States of America
  • Our mission is to provide affordable and highly effective corporate training services to a wide range of clients that cuts across different divides. Our overall business goal is to position Jules Atkinson & Co® Corporate Training Firm, Inc. to become one of the leading corporate training brands in the industry in the whole of Petoskey – Michigan within the first 5 years of operation.

Our Business Structure

Jules Atkinson & Co® Corporate Training Firm, Inc. is a world class corporate training firm that intends starting small in Lake Street, Petoskey – Michigan, but hopes to grow big in order to compete favorably with leading corporate training firms in the United States and of course throughout the globe.

We are aware of the importance of building a solid business structure that can support the kind of world class business we want to own. This is why we are committed to only hiring the best hands within our area of operation.

At Jules Atkinson & Co® Corporate Training Firm, Inc. we will ensure that we hire people that are qualified, hardworking, and creative, result driven, customer centric and are ready to work to help us build a prosperous business that will benefit all the stakeholders.

As a matter of fact, profit-sharing arrangement will be made available to all our senior management staff and it will be based on their performance for a period of five years or more as agreed by the board of trustees of the company. In view of the above, Jules Atkinson & Co® Corporate Training Firm, Inc. have decided to hire qualified and competent hands to occupy the following positions;

  • Chief Executive Officer
  • Corporate Trainer cum Business Coaching Specialist

Human Resources and Admin Manager

  • Sales and Marketing Executive

Client Service Executive

5. Job Roles and Responsibilities

Chief Executive Officer – CEO:

  • Upsurges management’s effectiveness by recruiting, selecting, orienting, training, coaching, counseling, and disciplining managers; communicating values, strategies, and objectives; assigning accountabilities; planning, monitoring, and appraising job results; developing incentives; developing a climate for offering information and opinions; providing educational opportunities.
  • Responsible for fixing prices and signing business deals
  • Responsible for providing direction for the business
  • Creates, communicates, and implements the organization’s vision, mission, and overall direction – i.e. leading the development and implementation of the overall organization’s strategy.
  • Responsible for signing checks and documents on behalf of the company
  • Evaluates the success of the organization

Corporate Trainer/Business Coaching Specialist

  • Responsible for providing management development training
  • Delivers professional development training
  • Provides quality assurance training
  • Affords business coaching
  • Provides leadership skills training
  • Provides customer services skills training
  • Provides financial management skills training
  • Provides interpersonal and relationship management skills training
  • Provides Online business Coaching Services
  • Handles other related corporate training, advisory and consulting services
  • Responsible for overseeing the smooth running of HR and administrative tasks for the organization
  • Defines job positions for recruitment and managing interviewing process
  • Carries out induction for new team members
  • Responsible for training, evaluation and assessment of employees
  • Oversees the smooth running of the daily office

Sales and Marketing Manager

  • Manages external research and coordinate all the internal sources of information to retain the organizations’ best customers and attract new ones
  • Models demographic information and analyze the volumes of transactional data generated by customer
  • Identifies development opportunities; follows up on development leads and contacts; participates in the structuring and financing of projects; assures the completion of development projects.
  • Writes winning proposal documents, negotiate fees and rates in line with organizations’ policy
  • Responsible for handling business research, market surveys and feasibility studies for clients
  • Responsible for supervising implementation, advocate for the customer’s needs, and communicate with clients
  • Develops, executes and evaluates new plans for expanding sales
  • Creates new markets cum businesses for the organization
  • Empowers and motivates the sales team to meet and surpass agreed targets

Accountant/Cashier:

  • Responsible for preparing financial reports, budgets, and financial statements for the organization
  • Provides managements with financial analyses, development budgets, and accounting reports; analyzes financial feasibility for the most complex proposed projects; conducts market research to forecast trends and business conditions.
  • Responsible for financial forecasting and risks analysis.
  • Performs cash management, general ledger accounting, and financial reporting for one or more properties.
  • Responsible for developing and managing financial systems and policies
  • Responsible for administering payrolls
  • Ensures compliance with taxation legislation
  • Handles all financial transactions for the organization
  • Serves as internal auditor for the organization.
  • Ensures that all contacts with clients (e-mail, walk-In center, SMS or phone) provides the client with a personalized customer service experience of the highest level
  • Through interaction with clients on the phone, uses every opportunity to build client’s interest in the company’s products and services
  • Manages administrative duties assigned by the manager in an effective and timely manner
  • Consistently stays abreast of any new information on the company’s products, promotional campaigns etc. to ensure accurate and helpful information is supplied to clients when they make enquiries
  • Receives Visitors / clients on behalf of the organization
  • Receives parcels / documents for the company
  • Handles enquiries via e-mail and phone calls for the organization
  • Distributes mails in the organization

6. SWOT Analysis

Jules Atkinson & Co® Corporate Training Firm, Inc. engaged the services of a core professional in the area of business consulting and structuring to assist our organization in building a well – structured corporate training and coaching business that can favorably compete in the highly competitive corporate training industry in the United States and the world at large.

Part of what the consultant did was to work with the management of our organization in conducting a SWOT analysis for Jules Atkinson & Co® Corporate Training Firm, Inc.. Here is a summary from the result of the SWOT analysis that was conducted on behalf of Jules Atkinson & Co® Corporate Training Firm, Inc.;

Our core strength lies in the power of our workforce. We have a team of experts in the industry, a team with excellent qualifications and experience in corporate training and business coaching.

Aside from the synergy that exists in our carefully selected faculty members and our strong online presence, Jules Atkinson & Co® Corporate Training Firm, Inc. is well positioned in a community with the right demography and we know we will attract loads of clients from the first day we open our doors for business.

As a new corporate training and business coaching school in Petoskey – Michigan, it might take some time for our organization to break into the market and gain acceptance especially from top profile clients in the already saturated corporate training and business coaching industry; that is perhaps our major weakness.

  • Opportunities:

The opportunities in the corporate training industry is massive considering the number of individuals and corporate organizations who would want to acquire business skills and new soft skill sets in order to perform excellently in their jobs and personal life. As a standard corporate training firm, we are ready to take advantage of any opportunity that comes our way.

Every business faces a threat or challenge at some part of its cycle. These threats can be external or internal. This shows the importance of a business plan, because most threats or challenges are to be anticipated and plans put in place to cushion what effect they might bring to the business.

Some of the threats that we are likely going to face as a corporate training firm operating in the United States of America are unfavorable government policies that might affect business such as ours, the arrival of a competitor within our location of operation and global economic downturn which usually affects spending / purchasing power.

There is hardly anything we can do as regards these threats other than to be optimistic that things will continue to work for our good.

7. MARKET ANALYSIS

  • Market Trends

One thing is certain, the trend in the corporate training industry is such that if you want to be ahead of your competitors, you should be able to acquire as much certifications as possible and you should be able to have loads of testimonies from your clients.

The truth is that, if your clients experienced huge difference in their business as a result of contracting their corporate training and business coaching needs, then they will be compelled to help promote your organization.

Another notable trend in this industry is the influence of technology; the advent of technology is responsible for the increase in income generated by corporate trainers all over the world.

With technology, it is now easier for corporate trainers to train students that are thousands of kilometers away from them. Tools like video calling / Skype, YouTube, DVDs and Webcast et al are being used by corporate trainers to train students in different parts of the world.

8. Our Target Market

Jules Atkinson & Co® Corporate Training Firm, Inc. is specialized in empowering corporate executives with robust business skills that will help them improve their capacity, capability, efficiency and productivity at work and in their private life.

As a standard corporate training firm, Jules Atkinson & Co® Corporate Training Firm, Inc. offers a wide range of corporate trainings hence we are well trained and equipped to service a wide range of corporate clients. Our target market as a corporate training firm cuts across people of different classes and people from all walks of life.

We are coming into the corporate training industry with a business concept and company’s profile that will enable us work with clients at different learning stages and different status. Below is a list of the clients that we have specifically design our services for;

  • Banks, Insurance Companies and other related Financial Institutions
  • Blue Chips Companies
  • Corporate Organizations
  • Manufacturers and Distributors
  • Real Estate Owners, Developers, and Contractors
  • The Government (Public Sector)
  • Celebrities, Politicians, Public Figures and Public Speakers
  • Sport Organizations
  • Religious Organizations
  • Political Parties and Politicians
  • Television Stations
  • Printing Press (Publishing Houses) and Authors
  • Aspiring celebrities
  • Entrepreneurs and Startups

Our Competitive Advantage

The corporate training industry is indeed a very prolific and highly competitive industry. Clients will only hire your services if they know that you can successfully help them acquire a new skill set that will help them to be effective at work and in their organization.

It is the practice for corporate trainers and business coaches to acquire as much certifications as it relates to their area of specialization; it is part of what will make them stay competitive in the industry

We are quite aware that to be highly competitive in the corporate training and business coaching industry means that you should be able to deliver consistent quality service, your clients should be able to experience remarkable difference and improvement and you should be able to meet the expectations of your clients at all times.

Jules Atkinson & Co® Corporate Training Firm, Inc. might be new in Petoskey – Michigan, but our management team and the owner of the business are considered gurus in the industry.

They are licensed and highly qualified corporate trainers that can successfully build corporate skills in people with zero proficiency to an 8 or 10 on a scale of 10 within a short period of time. These are part of what will count as a competitive advantage for us.

Aside from our robust experience as corporate trainers, we have a very strong online presence that will enable us train clients in different parts of the world from our online portals.

Lastly, our employees will be well taken care of, and their welfare package will be among the best within our category in the industry. It will enable them to be more than willing to build the business with us and help deliver our set goals and achieve all our business aims and objectives.

9. SALES AND MARKETING STRATEGY

  • Sources of Income

Jules Atkinson & Co® Corporate Training Firm, Inc. is established with the aim of maximizing profits in the corporate training industry and we are going to go all the way to ensure that we do all it takes to attract clients on a regular basis. Jules Atkinson & Co® Corporate Training Firm, Inc. will generate income by offering the following corporate training services;

  • Online Business Coaching Services

10. Sales Forecast

One thing is certain, there would always be corporate organizations, government agencies, non – profits and individuals who would need the services of corporate training firms to help train their staff.

Jules Atkinson & Co® Corporate Training Firm, Inc. is well positioned to take on the available market in the corporate training and business coaching industry and we are quite optimistic that we will meet our set target of generating enough income from our first six months of operation and grow our firm to enviable heights.

We have been able to critically examine the corporate training marketing space, we have analyzed our chances in the industry and we have been able to come up with the following sales forecast.

Below are the sales projections for Jules Atkinson & Co® Corporate Training Firm, Inc., it is based on the location of our business and of course the wide range of our corporate trainings and business coaching we offer and our target market;

  • First Fiscal Year: $200,000
  • Second Fiscal Year: $500,000
  • Third Fiscal Year: $750,000

N.B : This projection was done based on what is obtainable in the industry and with the assumption that there won’t be any major economic meltdown and there won’t be any major competitor offering same corporate training as we do within the same location. Please note that the above projection might be lower and at the same time it might be higher.

  • Marketing Strategy and Sales Strategy

We are mindful of the fact that there are stiff competitions amongst corporate training firms in the United States of America; hence we have been able to hire some of the best marketing experts to handle our sales and marketing.

Our sales and marketing team will be recruited based on their vast experience in the industry and they will be trained on a regular basis so as to be well equipped to meet their targets and the overall goal of Jules Atkinson & Co® Corporate Training Firm, Inc.

We will also ensure that our clients’ becomes experts with the skills they acquire; we want to build a first – class corporate training firm that will leverage on word of mouth advertisement from our satisfied clients.

Our goal is to grow Jules Atkinson & Co® Corporate Training Firm, Inc. to become one of the top 10 corporate training firms in the United States of America which is why we have mapped out strategies that will help us take advantage of the available market and grow to become a major force to reckon with not only in Petoskey – Michigan but also in other cities in the United States of America.

Jules Atkinson & Co® Corporate Training Firm, Inc. is set to make use of the following marketing and sales strategies to attract clients;

  • Introduce our corporate training and business coaching firm by sending introductory letters alongside our brochure to corporate organizations, government agencies, NGOs and key stake holders in and around Petoskey – Michigan.
  • Print out fliers and business cards and strategically drop them in offices, libraries, public facilities and train stations et al.
  • Use friends and family to spread word about our corporate training and business coaching firm
  • Post information about our corporate training and business coaching firm on bulletin boards in places like schools, libraries, and local coffee shops.
  • Place a small classified advertisement in the newspaper, or local publication about our firm
  • Use referral networks such as agencies that will help match clients with our corporate training firm
  • Advertise our firm in relevant educational magazines, newspapers, TV and radio station.
  • Attend relevant educational expos, seminars, and business fairs et al
  • Engage direct marketing approach
  • Encourage word of mouth marketing from loyal and satisfied clients

11. Publicity and Advertising Strategy

We have been able to work with our in – house brand and publicity consultants to help us map out publicity and advertising strategies that will help us walk our way into the heart of our target market.

We are set to become the number one choice for both corporate clients and individual clients in the whole of the United States and beyond which is why we have made provisions for effective publicity and advertisement of our corporate training firm.

Below are the platforms we intend to leverage on to promote and advertise Jules Atkinson & Co® Corporate Training Firm, Inc.;

  • Place adverts on both print (newspapers and magazines) and electronic media platforms
  • Sponsor relevant community based events / programs
  • Leverage on the internet and social media platforms like Instagram, Facebook, twitter, YouTube, Google + et al to promote our services
  • Install our billboards in strategic locations all around Lake City Petoskey – Michigan
  • Engage in roadshows from time to time in targeted neighborhoods
  • Distribute our fliers and handbills in target areas
  • Contact corporate organizations, non – profits and government agencies by calling them up and informing them of Jules Atkinson & Co® Corporate Training Firm, Inc. and the services we offer
  • List Jules Atkinson & Co® Corporate Training Firm, Inc. in local directories / yellow pages
  • Advertise Jules Atkinson & Co® Corporate Training Firm, Inc. in our official website and employ strategies that will help us pull traffic to the site.
  • Ensure that all our staff members wear our branded shirts and all our vehicles are well branded with our company logo.

12.  Our Pricing Strategy

At Jules Atkinson & Co® Corporate Training Firm, Inc. we will keep the prices of our services below the average market rate for all of our customers by keeping our overhead low and by collecting payment in advance from corporate organizations who would hire our services. In addition, we will also offer special discounted rates to all our customers at regular intervals.

We are aware that there are some one – off jobs or government contracts which are always lucrative, we will ensure that we abide by the pricing model that is expected from contractors or organizations that bid for such contracts.

So also, there are some clients that would need regular access to corporate training and business coaching consultancy and advisory services, we will offer flat rate for such services that will be tailored to take care of such clients’ needs.

  • Payment Options

The payment policy adopted by Jules Atkinson & Co® Corporate Training Firm, Inc. is all inclusive because we are quite aware that different customers prefer different payment options as it suits them but at the same time, we will ensure that we abide by the financial rules and regulation of the United States of America.

Here are the payment options that Jules Atkinson & Co® Corporate Training Firm, Inc. will make available to her clients;

  • Payment via bank transfer
  • Payment with cash
  • Payment via credit cards
  • Payment via online bank transfer
  • Payment via check
  • Payment via mobile money transfer
  • Payment via bank draft

In view of the above, we have chosen banking platforms that will enable our client make payment for our services without any stress on their part. Our bank account numbers will be made available on our website and promotional materials.

13. Startup Expenditure (Budget)

It is a known fact that in setting up any business, the amount or cost will depend on the approach and scale you want to undertake.

If you intend to go big by renting a place, then you would need a good amount of capital as you would need to ensure that your employees are well taken care of, and that your facility is conducive enough for workers to be creative and productive.

The materials and equipment that will be used are nearly the same cost everywhere, and any difference in prices would be minimal and can be overlooked. As for the detailed cost analysis for starting a standard corporate training and business coaching; it might differ in other countries due to the value of their money.

However, this is what it would cost us to setup Jules Atkinson & Co® Corporate Training Firm, Inc. in the United of America;

  • Business incorporating fees in the United States of America will cost – $750.
  • The budget for Liability insurance, permits and license will cost – $3,500
  • Leasing / renting an office space in a good location in Lake Street Petoskey – Michigan that will accommodate the number of employees for at least 6 months (Re – Construction of the facility inclusive) will cost – $150,000.
  • The cost for furnishing and equipping the office (computers, printers, projectors, markers, servers / internet facility, furniture, telephones, filing cabinets, and electronics) will cost – $30,000
  • The amount required to purchase the needed software applications – $3,500
  • Launching an official website will cost – $500
  • The amount need to pay bills and staff members for at least 2 to 3 months – $70,000
  • Additional Expenditure such as Business cards, Signage, Adverts and Promotions will cost – $5,000
  • Miscellaneous – $5000

Going by the report from the market research and feasibility studies conducted, we will need about two hundred and fifty thousand ( 250,000 ) U.S. dollars to successfully set up a medium scale but standard corporate training and business coaching firm in the United States of America.

Generating Funding/Startup Capital for Shae’s Touch Studios Business

Jules Atkinson & Co® Corporate Training Firm, Inc. is a private registered business that will be owned, financed and managed by Jules Atkinson and other partners. They are the financiers of the business which is why they decided to restrict the sourcing of the startup capital for the business to just three major sources.

These are the areas we intend generating our startup capital;

  • Generate part of the startup capital from personal savings and sale of his stocks
  • Generate part of the startup capital from friends and other extended family members
  • Generate a larger chunk of the startup capital from the bank

N.B: We have been able to generate about $100,000 ( Personal savings $85,000 and soft loan from family members $15,000 ) and we are at the final stages of obtaining a loan facility of $150,000 from our bank. All the papers and documents have been duly signed and submitted, the loan has been approved and any moment from now our account will be credited.

14. Sustainability and Expansion Strategy

It is an established fact that, the future of a business lies in the number of loyal customers they have, the capacity and competence of their employees, their investment strategy and the business structure. If all of these factors are missing from a business, then it won’t be too long before the business close shop.

One of our major goals of starting Jules Atkinson & Co® Corporate Training Firm, Inc. is to build a business that will survive off its own cash flow without the need for injecting finance from external sources once the business is officially running.

We know that one of the ways of gaining approval and winning customers over is to offer our services a little bit cheaper than what is obtainable in the market and we are well prepared to survive on lower profit margin for a while.

Jules Atkinson & Co® Corporate Training Firm, Inc. will make sure that the right foundation, structures and standard operating processes are put in place to ensure that our staff welfare are well taken of. Our company’s corporate culture is designed to drive our business to greater heights and training and retraining of our workforce is at the top burner of our business strategy.

As a matter of fact, profit-sharing arrangement will be made available to all our management staff and it will be based on their performance for a period of five years or more as determined by the board of the organization. We know that if that is put in place, we will be able to successfully hire and retain the best hands we can get in the industry; they will be more committed to help us build the business of our dreams.

Check List/Milestone

  • Business Name Availability Check: Completed
  • Business Incorporation: Completed
  • Opening of Corporate Bank Accounts various banks in the United States: Completed
  • Opening Online Payment Platforms: Completed
  • Application and Obtaining Tax Payer’s ID: In Progress
  • Securing a standard office facility in a good location in Lake Street, Petoskey – Michigan: Completed
  • Application for business license and permit: Completed
  • Purchase of Insurance for the Business: Completed
  • Conducting Feasibility Studies: Completed
  • Generating part of the startup capital from the founders: Completed
  • Writing of Business Plan: Completed
  • Drafting of Employee’s Handbook: Completed
  • Drafting of Contract Documents: In Progress
  • Design of Logo for the business: Completed
  • Secure trademark for our products: In Progress
  • Printing of Promotional Materials: Completed
  • Recruitment of employees: In Progress
  • Purchase of the needed furniture, office equipment, software applications, electronic appliances and facility facelift: In progress
  • Creating Official Website for the business: In Progress
  • Creating Awareness for the business: In Progress
  • Health and Safety and Fire Safety Arrangement: In Progress
  • Establishing business relationship with vendors and key players in various industries: In Progress

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How To Write a Business Plan for Environmental Education and Training in 9 Steps: Checklist

By alex ryzhkov, resources on environmental education and training.

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Welcome to our blog post on how to write a business plan for environmental education and training! With the increasing global concern for the environment, the demand for sustainable living practices and ecological consciousness is on the rise. In fact, the environmental education and training industry has witnessed significant growth in recent years, with a XX% increase in participation and engagement. If you have a passion for the environment and want to make a difference, developing an online platform that provides interactive and engaging environmental education and training courses could be the perfect business opportunity for you.

In order to successfully establish your environmental education and training business, it is crucial to define your target audience and market . Understanding who your ideal customers are and tailoring your courses to meet their needs and interests will ensure maximum engagement and success. Conducting thorough market research and competitive analysis will provide valuable insights into your competitors and help you identify unique selling points for your courses.

Set clear goals and objectives for your business, outlining what you aim to achieve and how you plan to do it. Additionally, developing a comprehensive understanding of the environmental education and training industry is essential for creating courses that are informative, engaging, and impactful.

Don't forget to assess the legal and regulatory requirements associated with running an environmental education and training business. Understanding and complying with relevant regulations will ensure a smooth and legal operation.

A detailed financial plan and forecast is crucial for the long-term sustainability and growth of your business. Consider the costs associated with course development, marketing, and infrastructure, as well as potential revenue streams.

Identifying the necessary resources and infrastructure is key to delivering high-quality online courses. Invest in the right technology, platforms, and tools to create an interactive and engaging learning experience.

Formulate a robust marketing and sales strategy to attract and retain customers. Leverage social media, content marketing, and partnerships to reach your target audience effectively.

Lastly, consider potential partnerships and collaborations that can enhance the credibility and reach of your environmental education and training business. Collaborating with environmental organizations, universities, or corporations can be mutually beneficial and expand your network.

By following these 9 crucial steps outlined in this checklist, you'll be well on your way to creating a successful business plan for your environmental education and training venture. Stay tuned for more tips and insights to help you turn your passion for the environment into a profitable and impactful business.

Define Your Target Audience And Market

One of the first steps in writing a business plan for your environmental education and training platform is to clearly define your target audience and market. This is crucial as it will help you tailor your courses and marketing strategies to reach the right people and maximize your chances of success.

Start by identifying who your ideal customers are. Are you targeting individuals looking to enhance their environmental knowledge and skills? Or are you primarily focusing on corporate organizations seeking to educate their employees on sustainable practices? Understanding your target audience will shape the content and delivery methods of your courses.

Key considerations:

  • Demographics: Define the age range, educational background, and occupation of your target audience.
  • Interests and motivations: Determine what drives your audience's interest in environmental education and training.
  • Geographic location: Determine whether your courses will target a specific region or have a broader appeal.
  • Market size and potential: Conduct market research to gauge the demand and growth potential for environmental education and training in your target market.
  • Consider conducting surveys or interviews with potential customers to gather insights on their needs and preferences.
  • Segment your target audience into different groups based on their interests and skill levels to develop targeted courses.
  • Stay updated on industry trends and changes in environmental regulations to adapt your offerings accordingly.

Taking the time to define your target audience and market will not only guide your business plan but also enable you to create valuable and relevant content that appeals to your customers. This understanding will position your environmental education and training platform for success in an increasingly eco-conscious world.

Conduct Market Research and Competitive Analysis

Market research and competitive analysis are crucial steps in developing a successful business plan for environmental education and training. By understanding the current market trends, consumer preferences, and the competitive landscape, you can effectively position your online platform and differentiate yourself from competitors.

Start by identifying your target audience – individuals and corporate organizations who are interested in environmental education and sustainable living practices. This will help you tailor your courses and marketing efforts to meet their specific needs.

Next, conduct thorough market research to gain insights into the demand for environmental education and training programs. This can be done through online surveys, interviews, or analyzing existing data. Understand the challenges and gaps in the current market, and identify opportunities for your platform to stand out.

Once you have gathered sufficient data, analyze your findings to identify key market trends, customer preferences, and areas of opportunity. This analysis will help you refine your business strategy and create compelling courses and content that will attract your target audience.

By conducting thorough market research and competitive analysis, you will be well-equipped to make informed decisions about your online platform and position it as a valuable resource in the environmental education and training industry.

Identify The Key Goals And Objectives Of Your Business

Identifying the key goals and objectives of your business is an essential step in developing a successful business plan for your environmental education and training platform. These goals and objectives will serve as a roadmap for your business, guiding your decisions and actions in the pursuit of success. Here are some important considerations to keep in mind:

  • Clearly define your mission: Start by clearly articulating the mission of your business. What is the ultimate purpose and vision of your environmental education and training platform? This will help you align your goals and objectives with your core values and identity.
  • Set measurable objectives: It's crucial to set specific, measurable, attainable, relevant, and time-bound (SMART) objectives for your business. These objectives will help you track your progress and evaluate the success of your efforts. For example, you may aim to reach a certain number of individuals or organizations with your courses within a specific timeframe.
  • Focus on sustainability impact: As an environmental education and training platform, it's important to prioritize the sustainability impact of your business. Consider setting goals related to the reduction of ecological footprints, the adoption of sustainable living practices, and the promotion of environmental stewardship.
  • Align with industry trends: Stay updated on the latest trends and advancements in the environmental education and training industry. Your goals and objectives should be informed by these trends and reflect your commitment to providing innovative and relevant educational offerings.
  • Involve key stakeholders, such as environmental experts, educators, and potential customers, in the goal-setting process. Their input can provide valuable insights and enhance the credibility of your objectives.
  • Regularly review and revise your goals and objectives as your business evolves. Adaptation is key in ensuring the continued relevance and effectiveness of your business plan.

By identifying the key goals and objectives of your business, you will be better equipped to develop strategies that align with your mission and drive the success of your environmental education and training platform.

Develop A Comprehensive Understanding Of Environmental Education And Training Industry

In order to successfully establish and operate an online platform for environmental education and training courses, it is crucial to develop a comprehensive understanding of the industry. This understanding will enable you to identify the current trends, challenges, and opportunities, allowing you to position your business effectively.

To gain a thorough understanding of the environmental education and training industry, consider the following steps:

  • Conduct extensive research: Begin by conducting thorough research on the industry, including its size, growth rate, and key market players. This research will provide valuable insights into the demand for environmental education and training courses, as well as the competitive landscape.
  • Identify emerging trends: Stay updated with the latest trends in environmental education and training. Look for innovative approaches, technological advancements, and shifts in consumer preferences that could impact your business.
  • Explore target markets: Determine the specific segments within the industry that align with your platform's goals and objectives. Consider whether you want to target individuals, corporate organizations, or both, and analyze their unique needs and preferences.
  • Analyze competitors: Study the strategies, offerings, and strengths of your competitors in the market. Identify gaps that your platform can fill and differentiate your business by offering unique and valuable features.
  • Stay aware of regulatory requirements: Understand the legal and regulatory framework surrounding environmental education and training. This knowledge will help you ensure compliance and avoid any potential legal issues.

Tips for developing a comprehensive understanding of the environmental education and training industry:

  • Attend industry conferences and events to network with professionals and gain insights from industry experts.
  • Engage with associations and organizations related to environmental education and training to access resources and stay updated on industry developments.
  • Interview potential customers and industry insiders to gain firsthand knowledge about their needs, challenges, and expectations.
  • Monitor industry publications, reports, and research studies to gather valuable information and data.

By developing a comprehensive understanding of the environmental education and training industry, you will be equipped with the knowledge and insights necessary to position your online platform successfully. This understanding will help you identify untapped opportunities, develop effective strategies, and create valuable offerings that meet the needs of your target audience.

Assess the Legal and Regulatory Requirements

When developing a business plan for your environmental education and training platform, it is crucial to assess the legal and regulatory requirements that govern this industry. Understanding and complying with the applicable laws and regulations will help you operate your business smoothly and avoid any legal issues in the future.

Here are some key considerations when assessing the legal and regulatory requirements:

  • Determine the necessary permits and licenses: Research the permits and licenses required to operate an online education platform in your jurisdiction. This may include business licenses, educational licenses, or permits related to data protection and privacy.
  • Copyright and intellectual property: Understand the copyright regulations and intellectual property rights surrounding the content you plan to provide through your platform. Ensure that you have the necessary permissions or licenses to use any third-party materials.
  • Data protection and privacy: As an online platform handling personal information, you must comply with data protection and privacy regulations. Familiarize yourself with the applicable laws and take necessary measures to protect user data.
  • Accessibility compliance: Ensure that your platform meets accessibility standards to accommodate users with disabilities. Familiarize yourself with any accessibility laws or guidelines that may apply in your jurisdiction.
  • Advertising and marketing regulations: Understand the advertising and marketing regulations specific to the education and environmental sectors. Ensure that your marketing materials and practices comply with these regulations.

Tips for Assessing the Legal and Regulatory Requirements:

  • Consult with legal professionals: Seek advice from lawyers or legal experts specializing in business and education law to ensure you have a comprehensive understanding of the legal obligations and requirements.
  • Stay updated: Keep yourself informed about any changes or updates in the legal and regulatory landscape that may impact your business. Regularly review and adapt your practices to remain compliant.
  • Document compliance measures: Maintain clear records of your compliance efforts, including licenses, permits, and any other relevant documentation. This will help demonstrate your commitment to the legal and regulatory requirements if needed.

Create A Detailed Financial Plan And Forecast

When developing a business plan for your environmental education and training platform, it is crucial to create a detailed financial plan and forecast to ensure the financial viability of your venture. This section will outline the important aspects to consider when formulating your financial plan.

1. Estimate your initial and ongoing costs: Begin by identifying all the costs associated with setting up and running your online platform. This includes expenses such as website development, content creation, marketing, personnel, and operational costs. It is essential to be thorough in estimating both your initial startup expenses and ongoing operational expenses.

2. Projected revenue streams: Determine how your platform will generate revenue. Will you charge individuals and corporate organizations for course access or offer a subscription-based model? Consider potential revenue streams from advertising, sponsorships, and partnerships as well. Be realistic and conservative in your revenue projections.

3. Profitability analysis: Conduct a profitability analysis to understand how long it will take for your platform to break even and generate profit. This analysis will provide valuable insights into the sustainability and growth potential of your business.

4. Sales and marketing expenses: Allocate a budget for sales and marketing activities to promote and attract customers to your platform. Consider both online and offline marketing strategies, such as social media advertising, content marketing, SEO, and attending relevant industry events.

5. Financial projections: Create financial projections for at least the first three to five years of your business. Include income statements, cash flow statements, and balance sheets to provide a comprehensive overview of your financial performance and future growth potential.

  • Consult with a financial advisor or accountant to ensure your financial plan is accurate and realistic.
  • Consider conducting sensitivity analysis to assess the impact of potential changes in revenue or expenses on your financial projections.
  • Regularly review and update your financial plan to reflect changes in market conditions, industry trends, and the performance of your business.

By carefully creating a detailed financial plan and forecast, you will have a solid foundation for understanding the financial aspects of your environmental education and training platform. This will not only help you attract investors and secure funding but also enable you to make informed decisions for the sustainable growth of your business.

Determine The Necessary Resources And Infrastructure

Once you have defined your target audience, conducted market research, and identified your business goals, it is important to determine the necessary resources and infrastructure needed to establish and run your environmental education and training platform.

Firstly, you need to consider the technological resources required for developing and maintaining an online platform. This includes a robust and secure website or learning management system, as well as servers, databases, and other technical infrastructure. It is crucial to ensure that your platform can handle a large number of users and provide a seamless learning experience.

Additionally, you will need to determine the staffing requirements for your business. This may include hiring instructors, content creators, web developers, and customer support staff. Consider the specific skills and expertise required to deliver high-quality environmental education and training courses and ensure that you have the right people in place to meet your objectives.

Furthermore, to ensure the smooth operation of your business, you will need to establish partnerships and collaborations with relevant organizations and experts in the environmental education and training industry. These partnerships can provide valuable resources, such as access to specialized knowledge, guest speakers, and networking opportunities.

  • Consider outsourcing certain tasks, such as content creation or website development, to specialized agencies or freelancers to optimize efficiency and minimize costs.
  • Stay updated with emerging technologies and trends in the e-learning industry to enhance your platform's functionality and user experience.
  • Explore the possibility of utilizing existing environmental education resources, such as open educational resources (OER), to supplement your own content and reduce development costs.

By determining the necessary resources and infrastructure for your environmental education and training platform, you can ensure that you have the right tools and support in place to deliver high-quality courses and achieve your business goals.

Formulate A Marketing And Sales Strategy

Once you have developed your environmental education and training platform, it's essential to formulate a marketing and sales strategy to effectively reach and engage your target audience. Here are some key steps to consider:

  • Define your target audience: Clearly identify the individuals and corporate organizations that would benefit from your courses. Understand their needs, interests, and learning preferences to tailor your marketing efforts.
  • Segment your market: Divide your target audience into distinct groups based on demographics, behavioral patterns, or geographic locations. This will help you design targeted marketing campaigns that resonate with each segment.
  • Create a compelling brand: Develop a brand identity that reflects your platform's mission and values. Craft a memorable logo, slogan, and brand messaging that showcases the benefits and unique features of your courses.
  • Utilize digital marketing channels: Leverage the power of online platforms such as social media, search engine optimization (SEO), and content marketing to increase your platform's visibility. Engage with your audience through informative blog posts, engaging videos, and interactive quizzes to establish your platform as a credible source of environmental education.
  • Offer free content and trials: Provide a taste of your courses by offering free resources, webinars, or trial lessons. This will allow potential customers to experience the value you offer and entice them to sign up for the full courses.
  • Build strategic partnerships: Collaborate with environmental organizations, schools, or businesses that share similar goals. By partnering with established entities, you can tap into their existing networks and leverage their credibility to reach a wider audience.
  • Engage in community outreach: Participate in environmental conferences, workshops, or local events to establish your platform as an active contributor to the environmental education community. Networking and connecting with like-minded individuals can lead to valuable partnerships and word-of-mouth recommendations.
  • Measure and analyze results: Regularly review and analyze your marketing and sales efforts to track the effectiveness of different strategies. Use analytics tools to gather insights on website traffic, conversion rates, and customer feedback. Adjust your approach based on the data to optimize your marketing efforts.

Tips for an Effective Marketing and Sales Strategy:

  • Tailor your messaging to highlight the unique benefits and practical applications of your environmental education and training courses.
  • Use storytelling to create an emotional connection with your audience, emphasizing the positive impact they can make on the environment through your platform.
  • Incorporate testimonials and success stories from satisfied customers to build trust and credibility.
  • Offer incentives such as discounts or referral programs to encourage customer loyalty and word-of-mouth promotion.

Identify Potential Partnerships And Collaborations

Identifying potential partnerships and collaborations is a crucial step in building a successful business in the environmental education and training industry. By forming strategic alliances with relevant organizations and individuals, you can expand your reach, access new resources, and enhance the overall effectiveness of your offerings.

Here are some key considerations and steps to follow when identifying potential partnerships and collaborations:

  • Research and identify complementary organizations: Look for organizations or individuals that share similar goals and values in promoting environmental education and sustainable living. These organizations can include non-profit environmental groups, government agencies, educational institutions, and other businesses in related industries.
  • Consider expertise and resources: Assess the expertise and resources that potential partners can bring to the table. Look for organizations or individuals with a track record in environmental education, training, or relevant areas such as curriculum development, instructional design, or online course delivery.
  • Assess alignment of values and goals: Ensure that the potential partners align with your business's mission and values. Collaborations work best when all parties are working towards a common goal and have a shared vision for promoting sustainable practices and reducing ecological footprints.
  • Establish mutually beneficial partnerships: Identify ways in which the partnership can be mutually beneficial. This could include sharing resources, expertise, and even co-developing courses or programs. Look for opportunities to create win-win situations that can maximize the impact and reach of your environmental education and training platform.
  • Network and engage: Attend industry conferences, join online forums, and participate in relevant events to network and connect with potential partners. Building relationships within the environmental education and training industry can open doors to collaboration opportunities and help foster a supportive and vibrant community.
  • Start by reaching out to organizations or individuals who have already expressed an interest in environmental education and training. They may be more open to collaboration.
  • Consider establishing partnerships with local schools, colleges, and universities to tap into their existing networks and student base.
  • Think beyond your immediate industry and explore partnerships with organizations in related fields such as sustainability consulting, eco-tourism, or renewable energy.
  • Formalize partnerships through formal agreements or memorandums of understanding to clearly outline expectations, responsibilities, and benefits for all parties involved.

In conclusion, developing a business plan for your environmental education and training platform is crucial for its success. By following the nine steps outlined in this checklist, you can effectively define your target audience, understand the industry, identify goals and objectives, and create a comprehensive financial plan. Additionally, assessing legal requirements, determining necessary resources, and formulating marketing strategies will ensure the success of your platform.

Remember to conduct thorough market research and competitive analysis to stay ahead of the competition, and identify potential partnerships and collaborations to expand your reach and impact. With this checklist as your guide, you can confidently develop a business plan that supports your mission of promoting sustainable living practices and reducing ecological footprints through interactive and engaging environmental education and training courses.

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Business administrator

This apprenticeship standard is in the process of being revised. In the meantime, the version below remains approved for delivery. Further details of this and other occupational standards in revision are available in the revisions status report .

Overview of the role

Supporting and engaging with different parts of the organisation and interact with internal or external customers.

Reference Number: ST0070

Details of standard, occupational profile.

Business administrators have a highly transferable set of knowledge, skills and behaviours that can be applied in all sectors. This includes small and large businesses alike; from the public sector, private sector and charitable sector. The role may involve working independently or as part of a team and will involve developing, implementing, maintaining and improving administrative services. Business administrators develop key skills and behaviours to support their own progression towards management responsibilities.

The responsibilities of the role are to support and engage with different parts of the organisation and interact with internal or external customers. With a focus on adding value, the role of business administrator contributes to the efficiency of an organisation, through support of functional areas, working across teams and resolving issues as requested. The flexibility and responsiveness required allows the apprentice to develop a wide range of skills.

The business administrator is expected to deliver their responsibilities efficiently and with integrity – showing a positive attitude. The role involves demonstrating strong communication skills (both written and verbal) and adopting a proactive approach to developing skills. The business administrator is also expected to show initiative, managing priorities and own time, problem-solving skills, decision-making and the potential for people management responsibilities through mentoring or coaching others. 

The apprenticeship will typically take between 12 and 18 months to complete.

This apprenticeship standard is at Level 3.

Where a business administrator has not already achieved Level 2 English and Maths, they must do so before taking the end-point assessment.

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The administration role may be a gateway to further career opportunities, such as management or senior support roles.

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The apprenticeship should be reviewed after 3 years.

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  15. Write Business Plan for Environmental Education & Training in 9 Steps

    In conclusion, developing a business plan for your environmental education and training platform is crucial for its success. By following the nine steps outlined in this checklist, you can effectively define your target audience, understand the industry, identify goals and objectives, and create a comprehensive financial plan.

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    Business administrator Reference Number: ST0070 Details of standard Occupational profile. Business administrators have a highly transferable set of knowledge, skills and behaviours that can be applied in all sectors. This includes small and large businesses alike; from the public sector, private sector and charitable sector.

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    The Far Eastern State University of Humanities (previously KSPU — Khabarovsk State Pedagogical University) is one of the oldest and most prominent universities of the Khabarovsk Krai of the Far Eastern Russia. Far Eastern State University of Humanities initially was established as a Pedagogical Institute. The decision to establish a new Pedagogical Institute in...

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  25. Khabarovsk Border Institute of the FSB of the Russian Federation

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