Equipment & Supply Expenses

$66

$1,200

Retail Business Expenses

$1,250

$11,650

Inventory Expenses

$350

$14,750

Advertising & Marketing Costs

$75

$9,636

Software Expenses

$0

$425

Website Costs

$13

$215

Total Startup Costs

$1,754

$37,876

World Education Services

wes.org

7,388

L'Accelerateur

hec.edu

70,748

Raritan Valley Community College

raritanval.edu

71,579

Education Service Center Region 11

esc11.net

102,692

New Jersey Education Association

njea.org

104,554

Anchorage School District

asdk12.org

133,968

OSHA 10 & 30 Hour Online Training Courses

oshaeducationcenter.com

388,424

Region III Education Service Center

esc3.net

430,857

Exam Study Expert

examstudyexpert.com

439,229

Center Grove Community School Corporation / Overview

centergrove.k12.in.us

463,601

Eastern Iowa Community Colleges

eicc.edu

465,144

Rewarding work

Starting a educational center can be really rewarding work. After all, you are solving an immediate issue for your customer and you're working on something you truly care about.

Meaningful business connections

You never know who you will meet as a educational center. This could be the start of an incredible business opportunity!

Daily physical activity

Educational Center's typically involve a much greater degree of movement than other lines of work. Most days, you will spend your day walking, running errands for your business, and performing a multitude of tasks. This can have a positive impact on energy levels and your overall health.

Amazing perks and discounts

Working in the educational center comes with its perks! As a seller for these products/services, you typically also get to enjoy industry perks and discounts.

You are your own boss!

With starting an educational center, you are the one to make decisions for almost all of the operations. Calling the shots can be empowering and liberating!

Local Community

One of the best parts of starting an educational center is that you can develop a local following by selling your products at craft shows, farmers' markets, or even local storefront businesses! This gives you access to additional revenue streams and loyal customers.

Crowded Space

Competition is high when it comes to your educational center, so it's important that you spend a good amount of time analyzing the market and understanding where the demand lies.

Finding The Right Supplier

Most businesses in this space go the supplier/manufacturer route, which isn't a bad thing! However, finding the right supplier can take a lot of time, energy and trial/error. If done properly, this process can save you months (if not years) of time and energy. More on this below in the "finding a supplier" section.

Motivation of employees

If you plan to have a sales/content team on board, finding creative ways to motivate them can be a challenge. It's important that you're able to offer great incentives and a good work environment for your employees.

Low margins

The gross margins for your educational center are typically around 43%, which can make it more challenging to incur new expenses and maintain profitability.

High employee turnover

In the educational center, employee turnover is often high, which can be quite costly and time consuming for your business. It's important to try and avoid this as much as possible by offering competitive pay, benefits, and a positive work environment.

Taxes

As a educational center, you typically pay self-employment taxes which can be quite high. It's important to understand what you will be paying in taxes each year so you can determine if the work you're taking on is worth it.