It has become unavoidable for parents to teach their children in coaching centres for the preparation of competitive examinations, in such a situation, day to day coaching centre businesses are becoming very popular in India.
Besides, coaching centres play an essential role for admission to top education establishments like IITs, IIITs, NITs or MBBS. Because, without coaching, it is difficult for students to crack such competitive exams.
Coaching centres will exist in any area of the city, and here, the owner of the coaching centre charges a good coaching fee from parents of children annually.
Coaching centre business
Children are prepared for competitive exams by a professional teacher within a specified time frame. Some of them succeed, and some fail. So it is being run like a business; no one can say it is legal or illegal.
By the way, the number of unemployed in our country is many. So in this profession, a teacher gets the excellent value of his experiences, his pieces of knowledge.
So if you are interested or if you have this type of typical piece of knowledge in this field, then it will help to earn money without invest any amount.
Things needed to open a coaching centre
No government registration is required, no government standards, no VAT: just a small class, readymade furniture, books, blackboard etc., all these initial set-ups.
Coaching centres have to be registered for service tax if they come under the commercial section only. In other words, there is no service tax for coaching classes. Investment only and profit with zero tax.
Top competitive exam seats in India
- IIT, JEE seats are = 5,500
- AIEEE seats are =9,000
- AIPMT seats are = 1,600
JEE-IIT (IIT-Joint Entrance Examination) has only 5,500 seats, but every year more than 350000 students appear for the exam.
The AIEEE (All India Engineering Entrance Examination) has only 9,000 seats, but it is no surprise that more than 530,000 eyes are glued to them.
More than 170,000 are present for the All India Pre Medical Test for just 1,600 seats, a depressing ratio of the total number of students with a total number of seats.
However, almost all people are going to coaching classes to become winners. Just imagine the amount earned by these coaching centres who are making money in the same education.
Does the coaching centre help students?
Every year, lakhs of students earn coaching class fees by living their working lives and cutting their expenses and prepare students to enrol in top institutes like All India Institute of Medical Sciences, Indian Institute of Technology.
An educated person can open such coaching centres, have good knowledge of every type of competitive examination, and guide the student properly.
Admission to the coaching centre is necessary for the preparation for any competitive exam. Among them, only those students achieve success, who have spent their valuable time in studies.
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