Tutor Doctor of Denver Foothills Background Information: About Tutor Doctor Tutor Doctor has 210 franchises in over 400 franchised territories worldwide. It all started as the vision of a founder who wasn’t satisfied that the only solution for kids struggling with school was more school. His initial tutoring service was so successful that he decided to offer franchises and, in 2003, the Tutor Doctor brand was born. With a presence on 5 continents and over 16,000 tutors worldwide, Tutor Doctor is enjoying one of the fastest international expansions of any educational company in the history of franchising. Why is this opportunity so successful? Forbes.com predicts that the global private tutoring market is projected to surpass $102.8 billion by 2018. Why Tutor Doctor Because we care, that’s why. We choose our tutors and franchisees because they are compassionate and truly want to help students to achieve their goals in academics and in life. We have a proven system that works. So much so that 95% of our customers would recommend us to a friend or family member. Private tutoring is one of the fastest-growing industries worldwide, and Tutor Doctor was rated the number one at-home tutoring franchise worldwide by Entrepreneur magazine. We offer support to our education franchisees every step of the way, because we understand that we only succeed when you do. Rewarding At Tutor Doctor, we believe that every student can learn, but they may learn differently. We help each student discover their learning style and work with them one-to-one to find a solution that helps them reach their educational goals. Lifestyle The freedom of owning your own business gives you the opportunity to finally live the lifestyle of your choice. When you work from home, you can balance family and work life and the commute is great! High-Growth Industry Tutoring is one of the fastest-growing industries in the world. According to Forbes magazine, the global private tutoring market will surpass $102.8 billion by 2018. Not only is the global tutoring market experiencing unprecedented growth, Tutor Doctor is one of the fastest-growing lifestyle franchises in their niche and was rated the number one at-home tutoring franchise worldwide by Entrepreneur magazine. Proven System Our system works! We have over 200 franchisees operating 400 territories in 15 countries and are one of the fastest-growing franchise opportunities in history. Over 95% of our customers would recommend us to friends and family members. Tutor Doctor’s growing influence in the industry hasn’t gone unnoticed; our tutor franchise program was rated the number one in-home lifestyle franchise worldwide by Entrepreneur magazine. We won the Child Magazine’s Parents Choice Award in 2010, 2011, and 2013 and the Top 50 Franchises for Minorities, National Minority Franchising Initiative award. We have a three profit pillar system which includes lead generation, our proven consultation and an enrollment system that converts those enquiries into paying customers. We also have a comprehensive tutor recruitment, training and management system which means you have set guidelines for every aspect of the business. Training and Support We provide our prospective tutoring franchisees with extensive training every step of the way. Pre-training: Foundations to Launching: 80 Hours Begin your journey with foundations training through our e-learning system. You will learn the key elements of preparing for the launch of your operations. In-field Training: Jump-start Program This is a 12-week support program which includes a weekly live group webinar to help you apply everything you have learned in real time with real customers. This program helps you successfully launch your new business venture. Mentorship 2.0 – The Acceleration Program Our Mentoring Program 2.0 includes two phases: “Acceleration Calls” and “Parachuting”. Here you are matched with an experienced mentor who will help you grow and be successful. On the “Acceleration Calls”, you get regular advice from your mentor and then there is a phase where they “Parachute” in to your location to help you succeed in your own community. Low Investment One the very best things about the Tutor Doctor Franchise opportunity is that it requires a low initial investment. Working from home means you have no overheads and you don’t need to employ staff unless you wish to grow. While other franchisee investment opportunities cost hundreds of thousands of dollars, you can acquire a Tutor Doctor franchise with a much smaller investment. Franchisee Support Network Our Tutor Doctor franchisees are our family. You already know that they are caring and compassionate, so you won’t be surprised to hear that they are supportive and helpful too. There are both formal and informal mentorship programs and you can reach out with questions on our open forums. You are not in it alone! We like to think of it as being in business for yourself, but not by yourself and you will find a group of friends for life in your fellow franchisees. Tutor Doctor of Denver Foothills was established in December 2010, with active selling beginning in January 2011. Tutor Doctor of Denver Foothills is a family-run business covering a large geographical footprint with an extremely large potential customer base. Tutor Doctor of Denver Foothills was founded by a husband and wife team. With two young children at home and being relatively new to the Denver area, the wife was looking for something that would let her get involved in their community, supplement their income, and spend as much time as possible with their family. Tutor Doctor helped them meet all of these goals. After a slow start, the business has really taken off in the last two years, with a sizeable stable of tutors and many repeat and active customers. Now, with both of their children in school, the wife is looking to be more involved in the day to day activities at their school and has been offered a position that would allow her to be directly involved in their education. As a result, the family feels the time is right to pass the business on to somebody who can continue to grow it and service the existing client base. Running a Tutor Doctor franchise As a home-based business, Tutor Doctor allows you the flexibility to work when you want. You are in charge of how many students you want to service and the number of tutors that you want to use. Marketing – most marketing is done through pay-per-click campaigns through search engines. Parents searching for tutors utilize Google or other search engines, and we pay for our website to come out near the top. We also attend festivals or other events where we can set up a table and talk to potential customers. Hiring Tutors – We recruit and hire our own tutors. We utilize Craigslist ads, online ads, and e-mail blasts to identify potential tutors, and then meet with them to determine if they are a fit for our model. Tutors are only paid for the hours they work, and they can be as busy or as slow as they would like. Flexibility is a key with our tutors as they need to work around the student’s schedule and provide instruction in the student’s home. Signing up Customers – Free consultations are done in the customer’s home, with the child present. We try to get a feel for the student, their habits, where they are struggling, and determine the type of tutor that would best fit their needs. Once the need is identified, we discuss timing and frequency of tutoring sessions and package offerings. Payment is made at the time of enrollment or a payment plan can be set up. Back-office activities – Tutor Doctor home office provides a cloud-based customer relationship management solution. All tutors and customers are loaded into the software, and you match up the tutors with each customer. From here you are able to track tutoring sessions, follow-up activities, accounts receivable, gross revenue, and other key items Training – The home office provides a full week of training, where you will learn all the tools and skills necessary to run a successful business What a Buyer will need to provide Business Banking Account – Purchaser will need to establish a business account with the ability to accept credit card transactions. Computer with Internet Access – Purchaser will need to procure a computer for accessing the Big Apple, responding to e-mails, etc. Territory: Tutor Doctor of Denver Foothills covers an extremely large geographical footprint, covering portions of Douglas, Jefferson, Park, Summit, Grand, and Clear Creek Counties. With a 2011 population of over 138,000 residents, this territory is about 40% larger, in terms of population, than a typical Tutor Doctor territory. Zip Codes included in Territory: 80135, 80401, 80421, 80433, 80435, 80439, 80442, 80446, 80452, 80456, 80465, 80470, 80482, 80827 Schools included in Territory: Case School Dry Creek School Oakland School Wilmot School Marshdale Elementary School Shelton Elementary School Develyn High School Kyffin Elementary School Dillon Valley Elementary Evergreen Junior High School Pine Gulch School Colorado School of Mines Parmalee Elementary School West Jefferson Middle School Earl Johnson School Maple Grove Elementary School Red Rocks Elementary School Saint Josephs School Bergen School Lone Tree School West Jefferson School Golden High School Ralston Elementary School Kendallvue Elementary School Gertrude Bell Middle School Pleasant View Elementary School Welchester Elementary School Photo of some of the marketing materials that will be provided Revenue: Revenue by Period $90,000 $80,000 $70,000 $60,000 $50,000 $40,000 $30,000 $20,000 $10,000 $0 Dec '11 to Nov '12 Dec '12 to Nov '13 Dec '13 to Nov '14 Current accounts receivables total $14, 864 Customers: Customers by Period 80 70 60 50 40 30 20 10 0 Dec '11 to Nov '12 Dec '12 to Nov '13 Dec '13 to Nov '14