There’s light at the end of the tunnel, so is it time to make a change?

 
EF Blog Title_ Timing 2021.png
 

If the last year has taught us anything, it’s probably how important it is to be able to do things we love and enjoy. From life’s simple pleasures (a hug with a friend) to doing a job that you love and which brings with it a sense of fulfilment and joy.

Of course, many of us feel extremely blessed that we still have a job after such turbulent times, but even then, I suspect there’s been more than a few moments during the last 12 months when you’ve paused to reflect on life, and what really matters.

A change of teaching career  

For teachers, the challenges of the last 12 months have given much pause for thought. And as we start to pick up the pieces of life, you may have been exploring alternative careers such as a tutoring business or educational franchise. After all, running your own tutoring business offers a chance to get back to the basics of teaching: making a difference, inspiring bright minds, and being able to really help those that are struggling. A change of career also represents a valuable opportunity to win back some home / work balance and be your own boss.

It’s all in the timing

If you’re serious about a change of teaching career, it begs the question, when is the right time?  Fulfilling your contract until the end of the current academic year and launching your own tutoring business in August / September is an obvious starting place, but that requires you to back fill and start taking some action now.

Step 1. Do your research. Obviously, we’d love you to choose a MagiKats franchise, but we appreciate our method isn’t for everyone. We’ve got plenty of resources for you to use to help you decide whether our educational franchise is right for you, but you should also research other options.

It’s important that the educational franchise or tutoring business you choose suits you and is aligned with your teaching beliefs and lifestyle. Work out what you want to get out of your new career, how much you’re willing to put in to it (time, money, etc.) and what sort of role you want for yourself.

As this is a life changing decision you’re about to make, we recommend you give yourself plenty of time to do your research and suggest you dedicate at least February and March for this. 

At MagiKats, we recommend you email or call us fairly early on to find out a bit more, then submit our Expression of Interest form to tell us a bit more about you. Then we’ll send you a more detailed breakdown of the business opportunity and a video explaining in much more detail how our workshops work. MagiKats run Information Days and it’s really important to come to one of these before you make any decision. If you’re interested, we currently run these online and you can contact us here for details of the next one.

Step 2. Business plan and applications. Whatever business you decide on, you’ll need a business plan, and these take a little time and research to develop. At MagiKats we take you through creating a business plan, step by step. However, if you’re doing it on your own, you’ll need to consider:

  • The type of services you offer and how you will deliver them  

  • The competition in your area and the market demand for your business

  • The finances – your projected income, your income requirements and any capital expenditure

  • Marketing strategy and practical considerations – venue, getting a phone number, business bank account, business registration, etc.

Working with us, this normally takes at least a month, so we recommend you schedule this work in for April and May.

Step 3. planning and preparation. We can’t speak for other franchises, but we provide important training for our franchisees which takes place through a mix of remote and face to face training. The initial phases take place online, just as you are going to start promoting your workshops. It typically takes about 4-6 weeks to get the first enquiries ready to sign up so if you’re hoping to open during the summer holidays, this will need to take place in early June. Our face to face training takes place at our HQ, just before your planned launch date.

The above timetable isn’t set in stone of course. It can all be done much more quickly, if you have the time to commit. Whatever time frame you follow, we like to make sure you do all the relevant research and the leg work necessary to be in a really strong position when you’re ready to launch.

A new era

We’re all looking forward to getting back to normal. But we all also know that life isn’t going to be the same for a long time, if ever. Things have evolved, moved on, irrevocably altered. That’s not necessarily always a bad thing but it does present a good opportunity to reassess your life and create a lifestyle that works better for you. If 2021 is going to be a year of change and a new teaching career, now is the time to start taking those first little steps.

Please feel free to contact us if you’d like more information. Send us an enquiry and receive our brochure.