If you are a teacher or enjoy teaching and want to start a business in your spare time? Yes, there are a lot of business ideas for teachers to earn money in their free time. Here in this article, you will find the top popular and innovative business ideas and opportunities for teachers.
If you are in a teaching job, think of doing part-time activities to earn extra. Remember the teaching profession gives you a lot of extra free time compared to any other job. And the big holidays like summer vacations give you more extra time to do money-making activities.
25 Small Business Ideas for Teachers
1. Start a Blog
If you enjoy writing and want to share your knowledge of a different subject, you can make good money by starting a blog. A blogger can make money in advertisements, sponsored posts, or selling products through affiliate marketing.
2. Sell Online Courses
You can create educational courses and sell them online. There are many online platforms where you can sell courses like Udemy, Teachable, Skillshare, etc.
3. Create Test Preparation Courses
There is a good demand to prepare students for competitive tests for admission to various courses. You can help students prepare for qualifying test examinations by providing tutoring sessions.
Tutoring comes almost naturally to teachers. It is the easiest and most popular kind of business for teachers to earn extra income. It is a matter of fact, parents are always in search of good private tutors for their kids. You can also contact tutor agencies in search of students in your locality.
If you have children at home or cannot find students to tutor in your local area, you can also tutor online. There are plenty of online tutoring platforms where you can sign up and get tutoring assignments.
5. Music School
The Music school business is perfect for those who are passionate about music and wants to turn their love for music, into a profession. If you are music inclined, have specialization in some specific instrument or vocal performance, and want to teach others, then the possibilities of making it a successful venture are much higher.
6. Write an e-Book
Teachers have more potential in writing than any other person in other professions. You can write an ebook on your specific area of interest. Additionally, you can then sell your book through online platforms such as Smashwords, CreateSpace, or Lulu.
7. Create Educational Materials
You can create and sell lesson plans, resource materials for teachers, study questions, quizzes, and many more.
A lot of educational websites, textbook publishers, and software developers collaborate with teachers to have their design lesson plans, worksheets, and test questions review materials on their behalf. This work can often be done from your home and on a part-time basis.
8. Craft Selling
You can sell crochet work, knitting, or creative craft projects online using an online platform. There are many online marketplaces where you can sell your craft items.
9. Sell Educational Videos
You can record educational videos of your own and sell them. You can also promote educational videos created by others. This is a very profitable business you can start from your own backyard.
10. Scrapbook Making
Creating and selling scrapbooks is a very popular business opportunity for teachers. There is also good demand from the students for scrapbook assignments.
11. Business Plan Writing Service
A business plan is a must for business owners looking for funding. It is essentially a document where various aspects like market research, financial plan, and marketing strategies are documented for the business startup.
Teachers who are into teaching finance and marketing subjects can get into the business plan writing service business. Successful business plan writers make more than six figures annually.
12. Sell Children’s Books
The demand for children’s books is there around the year. Teachers can make good money from children-specific books from home or from a storefront.
13. Freelance Writing Business
If writing is your passion, freelance writing can be a very good option to make money on the side for teachers. Furthermore, you don’t need much money to invest other than investing in a computer and an internet connection.
14. Offer Translation Services
Teachers having knowledge and expertise in two or more languages can make a decent earning by offering translation services to customers online and offline.
15. Become a Ghostwriter
Teachers having experience in the publishing industry can opt for ghostwriting businesses. However, to be successful as a ghostwriter it is essential to publish at least a book or two before jumping into the industry.
It is important to create credentials so that job providers get the necessary confidence to assign you ghostwriting jobs.
More Small Business Opportunities for Teachers
16. Grant Writing Business
Grant Writing is a profitable business opportunity, especially in countries like the United States, and the United Kingdom. In the USA alone, there are more than 1.5 million nonprofits and other organizations that depend on grants to run their activities.
17. Scholarship Consulting Service
As a scholarship consultant, your job will be to help college students in receiving scholarships to continue their education. There are many organizations that provide scholarships for needy students. You’ll maintain a database of such organizations and do the required monitoring so that students get scholarships.
18. Become a Researcher
Research is another area where teachers can get engage themselves and earn money. It is without saying that researchers are paid highly.
19. Become a Speechwriter
Speechwriting is another lucrative career teachers can choose. However, you need to have good writing skills to be successful.
20. Become a Public Speaker
If you are good at speaking, public speaking can fetch you high returns. Teachers always have an added advantage in this profession as speaking naturally comes with them.
21. Create an Educational Website
Online education is the new normal in the education industry. You can create an educational website for students to make learning easier and more entertaining for them.
22. Teach Foreign Language
There is a good demand for learning foreign languages all across the globe. If you have knowledge of two or more languages, teaching a foreign language to students can be an excellent money-making option.
23. College Counseling
College counseling is a big industry in the educational sector at present times. As a college counselor, your primary job will be to identify the best-suited colleges for a student and get them admitted to one of them.
24. Career Advisor
Teachers can be good career advisors. It is seen, most students generally find it difficult to select the right career path. As a career advisor, you will be responsible for showing him/her the same.
Love being with kids and children? If yes, then daycare can be the ideal business for teachers. You can start this business from your home too with not much investment.
These are popular business ideas for teachers to earn money in their spare time. Find the business idea that suits you most and start earning right now.
About the Author: 99businessideas.com led by Rupak Chakrabarty is committed to helping beginners, entrepreneurs, and small business owners in starting, managing, and growing their businesses.