Middle Kingdom LifePerspectives on Living & Teaching in China
Opening Your Own School - Part Four
Your competition will send countless “spies” to check out your school. They’re not hard to spot—just look for the “parent” carrying a video recorder and a notebook, asking “Can you show me your school licenses, your teachers’ diplomas, and provide me with a copy of your curricula and lesson plans?”
Opening Your Own School - Part Three
You’ll need to rent enough space to allow for growth. The typical commercial building comprises multiple floors. Each floor has enough space for about eight good-sized classrooms and administrative areas. Calculate growth capacity at about 225 students per classroom (at a maximum class size of twenty-five). So, two classrooms can handle a student body of about 450 pupils if efficiently scheduled.
Opening Your Own School - Part Two
Many Chinese businessmen don’t have the patience for a school as an investment. And why would they? Money spent on a school could be put into a “Crazy Money from the Sky” venture with near-immediate potential returns. So, in an irrational market, their rational decision is to focus on investments with rapid returns.
How Much Money Can I Make Copyediting in China?
Professional translators in China earn .1 yuan (1 jiao) for each word that is translated into English. This is the industry standard and often the starting negotiating point for paying foreign experts who provide this service.
Opening Your Own School - Part One
Many people, Chinese and foreign alike, look at owning an English training center as a relatively easy way to make money. It seems simple enough; rent some space, toss in some desks and blackboards, hire some teachers, then spend all day counting the stacks of money rolling in.
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