POLYGLOT

TEAM OF THE PRE-STARTUP

Name and Surname

Stella Shahinyan

Course and Year

2year English Language and Literature

Date of birth

17.02.2000

Home address

Armenia, Gavar, Azatutyun street, 47/28

Address of current residence

Armenia, Gavar, Azatutyun street, 47/28

Phone

+37494018791, +37477605568

Area of the business idea

Education

INITIAL INFORMATION ON THE BUSINESS IDEA AND THE BUSINESS MODEL

Product/service description

The business idea is that of opening a language teaching center in my hometown, Gavar. It will be the first center of its kind in the municipal community of Gavar, hence, it will meet great demand and interest. Most importantly, it'll contribute to the problem of education in small towns.

Problem

Recently, the demand for language tutoring, especially English, has increased among school students.No need to mention how essential it is to form a firm basis for future language learning nowadays. On the other hand, in Gavar, there are few job opportunities for university students who study languages. The company combines these two problems and offers one solution for both of them.

Solution

The company intends to kill two birds with one stone.The company will face the demand of tutoring and at the same time, it'll provide university students with a stable job, which will also help them to gain experience.

Market and size

The center will admit schoolchildren from Gavar and its villages. According to 2020 data, there are about 48600 people living in the municipal community of Gavar (about 18000 in the town).There are 8 schools in Gavar and 15 schools in the villages,pupils of which are potential customers.Depending on the future success and expansion of the business, adults may also be admitted.

Customer

The company's customers will be schoolchildren from Gavar and its villages, which are struggling with languages, preparing for various exams or just interested in learning new languages. Later on, creating adult groups may also be considered.

Competition

The competitors of the company are various individual tutors conducting classes at home. There are several advantages over our competitors: Firstly, usage of modern technologies and language learning equipment, which lack in our competitors' work. Secondly, hiring young specialists will enable to use modern teaching methods and techniques. It will appeal to schoolchildren and make the learning process way more productive and interesting. The third advantage will be the affordable and convenient price. In addition, by creating a centralized, state-registered center.

Team

We'll start off with a group of 7:Four teachers, a secretary, a manager, and a cleaner. Teachers should have a higher education or be at least third-year students. The target language should be their major or the second language. The applicants will be examined by a professional committee, and the best ones will get the job. The manager and the secretary should have a higher education too.The manager should be responsible, have excellent communication skills and creativity, also marketing and advertising skills.

ESTIMATED FIRST YEAR COSTS

SUPPORT NEEDED

Trainings and workshops

Management trainings Language and Methods trainings for the teachers

CURRENT STATUS OF BUSINESS IDEA

The stage at which the idea is

it IS only at the formulation stage

DISCLAIMER: The European Commission's support for the production of this publication does not constitute an endorsement of the contents, which reflect the views only of the authors, and the Commission cannot be held responsible for any use which may be made of the information contained therein.

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