1. Research the Public Speaking Instruction Market – Understand the market, identify potential customers, and research competitors.
2. Develop a Business Plan – Outline your marketing strategy, financial projections, and operational plan.
3. Set Up a Legal Structure – Consider an LLC, partnership or corporation.
4. Obtain Licenses and Permits – Secure necessary business licenses and permits in your area.
5. Find Financing – Research available grants, loans, and investment opportunities to fund your business.
6. Create a Website – Design a professional website to advertise and market your business.
7. Develop a Marketing Plan – Identify key marketing channels, develop content, and determine budgeting.
8. Hire Employees – Find experienced instructors and set job expectations for success.
9. Establish Your Office – Secure an appropriate workspace based on the size of your business.
10. Reach Out to Your Community – Connect with local organizations and involve yourself in public speaking events to promote your business.
11. Track Your Finances – Open a business bank account, track income and expenses, and keep records for tax purposes.
12. Evaluate Progress – Analyze your success and identify areas of improvement.