Prepare a Business model canvas report for a new business idea.
1.Business model canvas report for a new business idea
Refer to Page 11 – 13
2.Business plan report
Refer to page 14
3.Based on your NEW BUSINESS IDEA, make a 5-10 minutes focusing on the problem and solution to the problemvia your new product/services.
Prepare a Power Point presentation with other relevant visual aids.Handbook – Enl4183 (Sept 2022)Based on your NEW BUSINESS IDEA, make a 5-10 minutes focusing on the problem and solution to the problem via your new product/services.Prepare a Power Point presentation with other relevant visual aids.
Refer page 15-16
Students from K-12 and college who need help with their studies
Working adults who want to upskill or learn new subjects
Affordable and convenient online tutoring service
Personalized learning experience tailored to individual needs
Experienced and certified tutors who are passionate about teaching
Easy-to-use platform with a range of features for a seamless learning experience
Online marketing and advertising through social media, search engines, and email marketing
Referral programs and word-of-mouth marketing
Partnership with educational institutions and organizations to offer discounted services to their students and members
Personalized support and assistance for each student to ensure their learning nee
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Regular communication with parents/guardians to provide updates on their child’s progress
Feedback and suggestions from students to improve the learning experience
Monthly subscription fee based on the number of tutoring sessions or hours purchased
Commission on tutor fees for each session
Skilled and experienced tutors with teaching credentials
A reliable and user-friendly online platform for scheduling, payment, and communication
Marketing and advertising strategies to reach potential customers
Customer service team to provide support and resolve any issues
Recruiting and vetting qualified tutors
Developing and maintaining the online platform and technology infrastructure
Marketing and advertising to attract new customers
Providing customer support and resolving any issues
Educational institutions and organizations for partnerships and referrals
Payment and technology providers for secure and seamless transactions
Tutor compensation and incentives
Technology and platform maintenance and development costs
Marketing and advertising expenses
Employee salaries and benefits
This BMC report provides a framework for your new online tutoring platform business idea. By addressing each of the nine key elements of the BMC, you can gain a better understanding of your business model and develop a clear and comprehensive plan for your new venture. Remember to keep your BMC flexible and adaptable as your business evolves and responds to changes in the market and customer needs.