Teaching

by Jane
(Ohio)

I've been asked to teach a M & P class (my first one). There will be 10-12 adult students. I plan to factor into the class fee the cost of supplies, but I'm stumped as to what is reasonable to charge for my time. Of course I want to make a profit without going overboard. Any ideas for the Ohio area? What complicates matter even more is that the attendees are all people I know. So I don't want to be unreasonable. Any ideas?

Answer:

Hi Jane,

Only you can decide what is a reasonable amount to charge for your time. Start by finding out what others are charging for a similar service and see if it seems reasonable to you.

You will want to factor in that this is your first class. Having friends as your attendees first time round is a great idea. You'll be more at ease with them and they will be more forgiving with you.

Remember too the value of your friends telling thier friends about your course....positive word of mouth advertising is crucial at the start of any business.

As demand for your course increases, so too can the price of taking the course. It's easier to start with a lower price and go up than it is to overcharge and drop prices later.

An incentive program might be something to think about as well. Have your classes hosted at clients houses. Consider giving a discount to the hostess based on the number of clients she/he enrolls for your class.

Your main focus at this point will be building your brand...defining yourself as an expert in your field. Perfect your teaching methods and your program....the rest will follow.

Good luck with this...it sounds to me like a fun adventure you're about to embark on!!

Cathy