A Feasibility Study of Academic Tutoring Services in Cateel, Davao Oriental

Abstract

This feasibility study evaluates the viability of launching Academic Tutoring Services in Cateel, Davao Oriental, focusing on its cost-effectiveness and potential market dominance. Initiated in response to the shift towards virtual and modular learning systems due to the COVID-19 pandemic, the proposed business aims to address significant educational challenges faced by students from kindergarten to grade 10. The study thoroughly assesses the marketing, management, financial, and socio-economic aspects of the business, demonstrating that the service is not only needed but also financially viable. Key findings indicate that the service could effectively monopolize the local market due to the high demand for personalized educational support, which current providers are unable to fully meet. Financial projections show a promising return on investment with steady growth in service revenue over five years, underpinned by comprehensive marketing strategies and operational plans that ensure cost-efficiency. Furthermore, the business is set to provide substantial social benefits by offering employment opportunities to teachers and enhancing educational outcomes for students. The overall analysis confirms that Academic Tutoring Services could be a sustainable and profitable venture, contributing positively to the educational landscape of Cateel, Davao Oriental.