Driving School
Startup Costs: $10,000 - $50,000
Home Based: Can be operated from home.
Franchises Available? No
Online Operation? No
Training new drivers how to be good drivers is a multimillion-dollar industry in the United States. The main requirement for starting a driver training school is to be--or have on staff--professional driving instructors. Many driving instruction schools now subcontract out the driving instruction to trained professionals who supply their own cars, insurance and gas in exchange for a percentage of the revenue paid by their students. Using this type of operating format can be a terrific way to reduce the overall startup and operating costs for the business. Currently, revenue split rates range from a low of 60 percent for the instructor and 40 percent for the driving school to 75 percent for the instructor and 25 percent for the school. This is a very competitive industry and the only way to succeed is to secure contracts with high schools providing driver education courses for students. The contracts for this service are usually awarded on a tender-for-service basis every one to three years.
Driving School Ideas
Home Tutor
Use your brains to help students pass their classes and appease anxious parents.
Ballroom Dancing
Do you waltz around your home? Make money while you help others do the same in your own studio.
Self Defense Training
Empower women and men alike with self defense training.
More from Business Ideas
He Had $75 When He Immigrated to the U.S. as a Refugee. Then He Started a Business — and Grew It to $1.2 Billion.
Payam Zamani, founder, chairman and CEO of private equity firm One Planet Group, faced numerous challenges as an immigrant entrepreneur, but none of them deterred him from his vision.
How to Start a Lucrative Side Hustle on Taskrabbit, From 3 People Who Did It — One of Them Earns Over $70,000 a Month
Why not get paid for skills you already have?
She Turned Her Dorm Room Side Hustle Into a $10 Million Business — And Scored a $200,000 Shark Tank Deal Along the Way
When Philomina "Philo" Kane started making satin-lined hoodies in her dorm room, she had no idea it would one day become a multi-million-dollar brand.