Online courses are offered for many types of learning. Global Industry Analysts, Inc. reported the global, online, eLearning industry was over US $107 billion in revenues during 2015. There are plenty of opportunities to make money with an online courses business.
Online courses may lead to earning a degree, getting certification and/or completing legal requirements. Online courses are popular for corporate training, continuing education purposes, self-improvement, learning foreign languages, hobbies, and “how-to” instructions for a variety of projects.
Start an online courses business by following these 10 steps:
Plan your Online Courses Business
Form your Online Courses Business into a Legal Entity
Register your Online Courses Business for Taxes
Open a Business Bank Account & Credit Card
Set up Accounting for your Online Courses Business
Get the Necessary Permits & Licenses for your Online Courses Business
Get Online Courses Business Insurance
Define your Online Courses Business Brand
Create your Online Courses Business Website
Set up your Business Phone System
There is more to starting a business than just registering it with the state. We have put together this simple guide to starting your online courses business. These steps will ensure that your new business is well planned out, registered properly and legally compliant.