Office Space Expenses

$0

$7,000

Website Costs

$223

$7,215

Business Formation Fees

$550

$4,000

Training & Education Expenses

$0

$1,000

Software Expenses

$150

$2,495

Advertising & Marketing Costs

$75

$4,136

Total Startup Costs

$998

$25,846

Arlington Public Schools

apsva.us

86,701

Crisis Prevention Institue

crisisprevention.com

187,510

Conscious Discipline

consciousdiscipline.com

494,777

Florida Traffic School, Occupational Safety, DUI, and Driving School

floridasafetycouncil.org

914,532

Love and Logic Institute, Inc

loveandlogic.com

985,324

Course For Parents

courseforparents.com

1,454,531

Exploring.org

exploring.org

1,483,747

The Incredible Years

incredibleyears.com

1,672,991

Teachers Time – Platform for Teachers and Parents – Online Teacher Training platform for future skills

teacherstimebd.com

1,674,492

Mindful Return

mindfulreturn.com

1,711,788

Dyslexia Training Institute

dyslexiatraininginstitute.org

1,724,345

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!

Meaningful business connections

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

High customer retention rates

Once a customer invests in your product, they've invested their time and energy to utilize your product/service which is highly valuable to them. Typically, your product or service becomes indispensable to your customer.

Pick & choose the clients you work with

Parenting Training Courseses have the ability to choose the clients they work with. You have the freedom to work with only a few loyal clients or with hundreds of clients!

Unlimited income potential

With offering a parenting training courses there is no cap as to how much income you can make. The stronger your business skills and the more energy/time you put into your career, the more you'll make.

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 parenting training courses are typically around 20%, which can make it more challenging to incur new expenses and maintain profitability.

High employee turnover

In the parenting training courses, 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.

Niche Market

A niche business is not necessarily a bad thing, in fact, it can be the key to your success. However, it can be more challenging and time consuming to find the perfect niche market and target audience.

High overhead expenses

With offering a parenting training courses, there are overhead expenses that come with selling a physical product. You will want to make sure you strategically budget for these overhead costs. We discuss this more in the startup costs section below.

Churn

In this business, customers can cancel their membership or subscription for your services - which can make revenue forecasting challenging and unpredictable. It's important to focus on your churn rates and trends so that you can prevent this as much as possible.