Summary
This online training business ranks well for MYOB & Xero Courses in demand by jobseekers and a good source of consulting leads of small business owners. Good margins, training and support.
Revenue
$25,000 pa
Rent
$1,200 pa
Expenses
$12,000 pa
Net Profit
$12,800 pa
Location Details
* Can be operated anywhere in the world from a home office
* Ideal for someone will skills and experience in accounting & bookkeeping using MYOB & Xero and office administration.
* Internet based with ongoing support from vendor
Potential
Get into an online training business that can connect you with consulting leads.
* low overheads
* flexible work
* freedom to promote and advertise the business
* easy to scale up for increased income
* core service of training courses
* ability to bolt on your own services
An untapped component of this business is the provision of professional services, bookkeeping and other support to clients.
This is a massive sector that is growing because of the fast adoption of all cloud based services.
Skills
- good typing and computer skills
- understanding how to navigate websites and explain the contents of the website to potential students.
- Customer service using website chat
- Needs analysis and sales
- bookkeeping, accounting and office administration vocational (VET) or tertiary qualifications would
- Basic WordPress and using email
Complete training can be provided for the suitable buyer.
Hours
* Monday to Friday, 9am to 5pm are ideal.
* Can operate in the background
Lease
Website hosting and support which is less than $50 per month
Employees
There are no employees and ongoing support is provided by the vendor and the vendors support team
Reason for Sale
To grow the business with dedicated and smart independent business owners. The vendor creates online training course materials and provides support to students after they enrol.
This eliminates the need for you to provide second level after sales support but give you the opportunity to provide great customer service and upsell your own professional services.
The Vendor wants to grow their reseller market and wants to work with motivated business owners.
About the Business
The business promotes and sells training courses in Xero, MYOB, QuickBooks and Microsoft Office training courses. WordPress and Digital Marketing courses are currently being added to the course range.
These are short individual training courses or longer training course packages.
As the business owner you will not need to be involved in the technical support of students but only to help and encourage them where needed and upsell or cross sell courses that can suit their goals.
The students fit into the category of job seekers, employees who want to upskill to work from home or get a promotion and business owners/managers who want to better understand and perform some of the accounting and office admin tasks for their business.
This business will compliment a recruitment, career services, training, bookkeeping or accounting practice as an addon to increase revenue and bring in new clients. It is also an excellent stand alone business where extra services such as tutoring or professional services could be sold and provided.
The website can be sold separately as a digital asset or you can receive full support in all aspects of running the business including Digital marketing, IT, Online Customer Service and Sales and technical skills regarding website design.
You'll learn all these skills from a business that creates it's own training materials and keeps the training materials up-to-date when the software vendors update their own software.
This is the right time to be in an online training business because working from home is now normal in Australia AND around the world and most of the software tools you'll use enable you to work from anywhere.
Low wholesale prices are available as part of a wholesale supply agreement if you want. This provide a good profit margin with the flexibility of choosing your own marketing message to suit you and your own business style and goals.
This business is a cheap way to get started with the opportunity to expand and grow across Australia and even globally if you have connections in other countries.
History
The business website has been registered and used online for close to 10 years (but only actively marketed in the last 12 months in it's current form) so it has a good reputation for organic Google search results.
The supporting wholesale course vendor has been in the training sector for over 25 years and has successfully pivoted from a bricks and mortar training centre business to become a strong and systemised provider of training and student support.
This experience has enabled the business to operate online using the latest software
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