Business Idea: Online Education

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Business Idea
The online education market has developed and made more significant advancements since the closure of numerous educational institutions. Although online studies and courses were offered, the service hit its boom period in enhancing education during the pandemic. Virtual tutoring agency is in high demand since the start of the Covid 19 pandemic. The idea aims to improve online study sessions for students who thrive in a remote learning environment. The business concept also seeks to enhance the safety of students by conducting studies and availing of reading materials online without making necessary movement. The paper analyzes and evaluates the virtual tutoring agency concept to determine its feasibility and viability as a business idea.
A virtual tutoring agency is a business proposal aimed at offering online study tutorials to students. The business concept requires evaluating various factors, including resources, activities to conduct, business partners, channels to use, value propositions, customer relationship management, and cost structures. Virtual tutoring is a self-centered business that requires registration and verification before commencing tutoring sessions (Peng). Starting as an online tutor is very simple, considering the few requirements needed for starting the business. The business will offer online study services to college students.
Key partners in the business are the web servers designed to provide a complete online experience to students, schools to enhance advertisements, publishing houses, and universities. The universities will improve access to the top level of students. The business will improve service provision to a broad customer segment. The segments served include job-seeking tutors, struggling students, and parents seeking to add value to their child's education (Hosni et al.). Online study sessions will have a more significant contribution to the learning experience for both students and tutors.
Key activities for the virtual tutoring agency include establishing an online community, generation of learning resources, and finding adequate resources. The business will also enhance paring tutors with students to create a conducive learning environment (Hosni et al.). The activities will establish a stable relationship that will significantly impact students learning and performance (Alves et al., p 520). The business activities will be facilitated through the online or video c...