How To Start A New Training Business - CiteHR
Dinesh Divekar
Business Mentor, Consultant And Trainer
Bodhisutra
Manager, Operations
Rek1201
Telecom And It Professional
+3 Others

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Dear members:

This forum is doing an excellent job in exchanging ideas. Thanks to all for being so generous in sharing ideas and resources.

I am working in the Middle East and am planning to return to India by early next year. I am not a training professional (I am into IT). I am very passionate about training. I am very keen to establish a training institute in India. The options I am considering are
  1. Be a franchise of an established training company
    • setup own training rooms and other infrastructure
    • trainers to be employed full-time.
  2. Start a training center that can provide 100s of training programs
    • Mainly corporate programs
    • programs to be conducted in a hotel or at client premises
    • bring freelance trainers for various programs depending on need.
  3. Be a freelance trainer.
    • I myself to conduct a few training programs
    • Conducts programs in a hotel or through schools/colleges
I have ZERO experience in running a business and have only limited experience in conducting training programs.

Which of the above would be a good model?
What is the scope of such a business?
What are the risks/challenges?

I would really appreciate any ides/suggestions/advices you can share.

Thanks in advance

-Mathew Jacob

Dear Mathew,
Please monitor my following reply to one of the earlier posts:
https://www.citehr.com/260478-starti...ml#post1181231
Thanks,
Dinesh V Divekar




Great Decision...But learn something and work with a Org Or Institute
atleat for 1year..
Start by ur own with Experience & Ready to Do mIstake People and Have knowlege of Cross -Platfrom in Education like Sakes/BD/Content..etc
Thanks
Abhishek Dhotre
Manager- Training & Development
ICPL-Mumbai

Hi you
This topic also is written in wikipedia and about.com.
You can find it by using Google or using citehr search box at the header.
Rgs
=================================
Apart from that, you also can ref more resources at:
BUSINESS STARTING GUIDE

Take a franchisee.
It will give you a low risk learning opportunity to earn revenues and see actual business action while you learn a lot of valuable stuff.
After 2-4 years running a franchisee, you may decide to go on your own or open more franchisee centers.

Dear Mathew and all,

Thank you very much for sharing your experience, I am going over the same experience and would like to start a training business.

I have over 7 years of telecom experience with leading vendors, but now the employment market started to be less promising and personally I want to move to something else.. let's say, work for my own and stop relying on a job in a shaking market...

I know there is a big business potential in the training , regardless of the subject.

all the models suggested by mathew are viable and sustainable, but they cannot be started at the same level of experience:

the last model which is the freelance one, can be started anytime, but it is limited in activity, and I can say it is for small scopes.

the second model comes after, where you already have the business idea and the operational model is clear, with clear target customers to deliver your trainings. in that case, you can have a team of trainers with some tens to 100s of training programs with different topics. this model is very efficient especially for customers looking for trainings at lower costs in corporate level or individuals, but in order to succeed, you need a pretty good marketing activity to take off.

As for the one stated at first, which is about having a franchised training center, this needs more experience in the training and your training institute needs to be well established and well know to win the trust of the "big names". the working scope will be bigger, the registrations will be coming from companies at daily basis and you can have full time trainers in your franchised institute.

Please feel free to contact me or by e-mail on the address rzco at msn dot com

i need to talk to Mathew and see where is he after more than 2 years now, and get some of his advice.

Hi All
Wanted to know the progress of Mathew's plan, his observation and experience.
However I would also know on how to start a professional certification center like ITIL, PMP, CBAP etc.
Is this profitable and what kind of proficiency and investment you require here.
Cheers!
Bronze

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