Business Idea

Start An Online Course Creation Business

About

Starting an online course creation business requires a great deal of effort, dedication, and most importantly passion.

If you're interested in how to sell online course, or selling online course online, you can use this page as a guide for everything you'll need to know.

Key stats

market size
$1.9B
starting costs
$9.29K
gross margin
65%
time to build
210 days

About

Starting an online course creation business requires a great deal of effort, dedication, and most importantly passion.

If you're interested in how to sell online course, or selling online course online, you can use this page as a guide for everything you'll need to know.

Key stats

market size
$1.9B
starting costs
$9.29K

 

gross margin
65%
time to build
210 days

Startup Costs

Min Startup Costs Max Startup Costs
Office Space Expenses $0 $7,000
Training & Education Expenses $0 $1,000
Software Expenses $0 $594
Advertising & Marketing Costs $0 $2,750
Website Costs $13 $215
Specific Industry Expenses $0 $100
Total Startup Costs $13 $11,659

Successful Businesses

Business URL Rank
Tableau tableau.com #2,530
Panopto Video Platform panopto.com #3,660
Intellipaat intellipaat.com #8,053
Automation Anywhere automationanywhere.com #30,881
Mentor, a Siemens Business, leads in electronic design automation software mentor.com #65,940
Online Training onlineitguru.com #81,696
Blue Ocean Strategy blueoceanstrategy.com #83,225
StoryBrand mystorybrand.com #96,248
Mirasee mirasee.com #97,424
Click 4 Course click4course.com #121,713
Home southeast.edu #146,023

Pros & Cons

Pros Description
Flexibility You can put as much time into the business as you'd like. If you like the work and have some initial experience, you can start small and manage all aspects of the business on your own.
Ability to start your business from home It's not necessary to have a physical storefront or office space to get your business started. You can do everything from the comfort of your own home, at least in the beginning!
Little startup costs required The cost to start a online course creation business costs significantly less money than most businesses, ranging anywhere from 1,313 to 11,659.
Rewarding work Starting a online course creation business 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.
Scalable With businesses and processes changing daily, there will always be demand for new features, products and services for your business. Additionally, there are several different business models and pricing tiers you can implement that will allow you to reach all types of customers.
Traffic to your website A online course creation business gives people a reason to visit your website and to keep coming back to you!
Cons Description
Crowded Space Competition is high when it comes to your online course creation business, so it's important that you spend a good amount of time analyzing the market and understanding where the demand lies.
Constant maintenance of publication You may find yourself constantly needing to update your online course creation business in order to stay relevant for your audience and for those searching on google.
Lack of benefits With a online course creation business, you are typically self-employed and responsible for finding your own insurance, which can be quite costly and time-consuming.
Isolation Often times, as a online course creation business, you typically work alone and do not have much face-to-face interaction with other team members.
Taxes As a online course creation business, 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.
No safety net Typically, as a online course creation business, you do not receive a consistent pay-check and instead earn money based on your transactions each month. During the slow periods, you typically take away less since the job is based on commission. It's important to budget accordingly for the slow times.