As with any business you will incur costs.
Here is a breakdown of the costs I incur each month. Although not all of these will be relevant to you, they will give you some guidance and something to consider as you make the decision as to whether you want to proceed with purchasing a franchise:
Bank charges for a business account after the first year £19
Training £300
Petrol £215
Data protection £35/year
Cleaning £5
Resources and stationary £65
Meetings and refreshments £30
Marketing £150
IT £250 (including website hosting)
TAX £300
Payroll and invoice software £65
Wages and freelance £3,500 (including my wage)
Insurance £52
Phone £19
Linktree £4
Amazon Prime £120
Charity £10
Like I say most of these won’t be relevant to you initially however as your business grows and you start to expand, you may find that these are things that you want to consider. Although these expenses sound high we have an income on average of £5,000/month
If you are interested in learning more CLICK HERE
or if you have any questions and want to have a chat get in touch at info@clarajamestutoring.co.uk
Morning,
I hope the week is going well.
So many people seem to be doing D of E and work experience
at the moment, good luck if that’s you and if you’re at Marlow Camp next
fingers crossed for good weather!
I’ve just finished a lesson on division. It seems to be
something that messes with the brains of so many people.
I found it got easier when I stopped thinking about it as
division and instead thought about it as multiplication. So, if for example I
had the question 396 divided by 3, I would look at it as 3x what = 3. My answer
would be 1. How many times would I need to multiply 3 to get to 9, (my answer
would be 3). Then 3x something = 6. My answer would be 2. Giving me the overall
answer of 132.
I know that’s a really simple example but hopefully it explains
my point.
Thankfully in schools they don’t often seem to need to do
long division, but I’ve worked with a couple of adults (generally nurses for
some reason) who have needed it.
I think I’ll explain this one in a video, as it will be too
complicated to explain it with words as bits get put all over the place. I hope
this makes sense though:
Enjoy the rest of the week and speak soon,
Dawn