#28: Prepare For a Decrease in Revenue in Your Tutoring Business

The Christmas holidays are coming up and that means most tutoring businesses are about to lose all their regular students and hit a VERY slow period, which means a decrease in revenue.  It might not seem like a big deal, but from my own experience, I know that 4-6 weeks of little-to-no income can have you stressing out and really struggling to stay afloat.   To avoid this, we need to be proactive.  NOW is the time to be figuring out what you are going to do, so that you don't end up running out of money and not being able to pay the bills.  NOW is the time to be planning ahead, pricing up costs and working out how you will run these programs to make a profit.  NOW is the time to start taking action and promoting these holiday classes, so that you have money coming in, even if you don't have your regular tutoring students .     Don't leave it until it's too late! In this episode, I share The most common time that tutoring businesses lose revenue Options to overcome this challenge Ways to implement new holiday services  What things to do NOW to make sure you can continue to have revenue over the Christmas holidays   If you want some help to create and implement new holiday services into your tutoring business, but you aren't quite sure how to nail it, then book a 1 hour private coaching call with me and we will create an action plan and know exactly what steps you need to take.  CLICK HERE to book your call.   If you are just starting out in your tutoring business, then make sure you grab the free checklist that I created for start-up tutors, showing you what you need to start your own tutoring business: https://www.kirstygibbs.com/10-essentials   LOVE THE PODCAST?  Please make sure you leave a review.  I absolutely LOVE hearing from you.