What are the startup costs involved with starting and operating an e-Learning service?


0

I was just wondering what start-up costs would be for an e-learning service. I plan to start one geared at providing supplementary content for school children in the vein of Khan Academy and such. I would appreciate any rough figures.

Thanks.

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asked Feb 13 '12 at 06:41
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Methuselah
105 points
  • It depends. All businesses are different. – Dnbrv 8 years ago
  • Are you able to create all of the content or will you have to hire people to do it? – Jeff O 8 years ago

2 Answers


3

It's very difficult to answer your question, but...

  1. You will need a website. You can use a free Moodle or find a freelancer to make what you want. A simple website would cost you about $300.
  2. You need a hosting account. If you are only going to publish short films, a standard hostmonster account should be enough. This costs $6 a month.
  3. If you're not going to earn any money directly (no monthly fees etc.) you don't have to register a company. However, if you want to earn money and provide any paid services, you need to consider costs of running a business in your country.
  4. You have to prepare the content. And this is the most expensive thing. How much could this be? Well, a short film can cost from $10 to $10,000. You could chose a few major subjects (for example: maths, physics and chemistry) and find university students who would agree to prepare the films for your for a low charge. If you're not going to profit from the films, they might even agree to do this for free.

As I said, this is a very difficult question to answer. Think what you can do yourself. Are you able to prepare any of the content yourself? Do you have any knowledge in any school subjects? If so, then you could prepare content in one subject, promote the website and then look for volounteers to participate in your project and post their films.

Unles you have a spare milion bucks you can invest and pay profesionals do the job for you.

answered Feb 13 '12 at 08:56
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Lukeshek
452 points
  • Where did you see a website for $300? This is 2012. – Dnbrv 8 years ago

1

I would say it depends on how hard you are willing to work - are you open to learn anything and everything and only hire others for services when you absolutely must? How much time do you have - can you work on this full time or just on weekends? Your main expense could be content creation (since content IS your product), but if that's your strength you have a shot at running a low cost operation while building traffic and a brand. If you can't be the main content contributor I would suggest finding a partner who can (or to supplement your expertise) because product (content) development will end up being a long term and ongoing expense. It also depends on the type of content you need to produce - text, images, video, etc. You could find free tools for some tasks, but professional software will require spending some money (a few hundred dollars).

If you plan to start slow and post on few topics rather then launch with many categories, you could try using a blog platform or some free web site templates that many hosting companies will offer as you are building out your content offering. Just pick a good domain name, ideally with a solid keyword in the name. Register a few domains if you find a few usable names that are available, just ownership will cost you $10-12 per domain per year. If you use a blog platform like WordPress you can point your domain to your blog for $12/year until you are ready to launch a site with navigation, faq, terms, ads, etc.

Sorry if my post was angling at doing it on the cheap, rather than giving you info on cost. Need more info in order to advise any further.

answered Feb 14 '12 at 21:17
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Webbie
2,835 points

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