Business At A Glance
Startup Costs: $10,000 – $50,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Online Operation? Yes
The world has become a smaller place, thanksto the introduction of the internet, and starting a cyberventure thatteaches students around the globe various languages may be the newbusiness opportunity you have been searching for. Design and constructa Web site featuring foreign language instructional classes that arebroadcast over the internet. Students would simply log onto the siteand choose the language they wish to learn.
The teaching segments couldbe filmed using a digital camera and later entered into the correctcategory on the website. All courses could be taught by qualifiedprofessionals who provide their teaching service in exchange for apercentage of the revenue that is collected from the students whoenroll for their specific language training program. Charging studentsa monthly membership fee for joining one of the foreign languageinstruction programs would generate revenues. Additional income couldbe earned by selling advertising space on the website, as well asselling related instructional books and programs. Ideally, themarketing of the business could be directed at large internationalcorporations who have an international sales staff that must bemultilingual.