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Your question is basically, “Why do tutors use tutoring agencies when they can just advertise themselves and not give away 20-30% of their earnings to these pesky tutoring agencies?” Firstly, just to clarify: If I advertise by myself without an agency, let’s say I charge £20 per hour to the student. The student pays me £20 directly. Then when I use an agency,...


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You should have a conversation with your friend and ask him how he thinks you should proceed, and then your approach should depend how much you value your friendship over this business attempt and money. It is as much interpersonal relationship issue as is is money/business issue. if you see him being disturbed by idea of losing any money he put up front, ...


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As I wrote in my answer to your last question: It might be true that at the moment you don't have much of a reason to use such a service. You have other client acquisition channels which provide you with all the work you need and the other services provided by that platform do not justify their commission for you either. But this might change in the future ...


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If you were looking to be a tutor as a full time job, the security of not having to lose money because of a cancellation and not having to regularly find dozens of students to fill your weekly work schedule might work in this agency's favor. This is especially true in places where the going rate for tutoring is low. I suppose you can likely work for this ...


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If you are able to keep yourself booked on your own, and each of your clients is recurring and likely long-term, then you would probably not benefit much from using the agency. However, it's likely that not all tutors have the know-how and wherewithal to find their own students, or perhaps not all tutoring relationships are recurring or long term. Many ...


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One aspect you may not be considering: how valuable is a $1.7bn company? Probably not nearly as valuable as you might think. This valuation certainly does not necessarily mean that somebody is willing to buy the company at that price. Instead it often follows from a bunch of misleading accounting: a whole multitude of funding rounds and price guarantees ...


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There is an interesting phenomenon in the world of eCommerce that the existence of an established online marketplace for a specific family of goods or services makes it very difficult to find clients without going through that marketplace. The reason is that consumers consult that online marketplace first and immediately find what they are looking for. They ...


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In business, cutting out the middleman is always more profitable for the upstream seller, provided they can secure the same deal flow. A good ‘wholesaler’ earns their money by providing value to both ends. Consider supermarkets. As a consumer, you might be able to buy your rice from a rice farmer, provided you are willing to find one who you can communicate ...


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