Jump to content
Learn Chinese in China

ESL school owners profits & more?


Recommended Posts

Hey everyone, 


I've seen some topics on here about setting up schools, but nothing about the actual numbers. So, to do this I'm just going to list a bunch of questions, and any that are answered  I will be grateful for  :P 


1. I've read the minimum for a  WFOE is 100,000 RMB, but I'm not exactly sure how much room or land that buys for a business. (I know housing in China is far more expensive than in America)


2. When should I expect a return on my business? 1 year, 3, 5, 10? ( I know there are variables that play into this)


3. I've read that people who own schools don't actually make that much - any truth behind this?


4. For a legal business to exist in China, what kind of expenses should I expect to pay? Off the top of my head I can think of:  employee salaries, rent, insurance, taxes, &  materials used in the class/school



These are all the questions that come to mind at the moment, but if you have any information dealing with cashflow (coming in or out) then I'd really like to know about it. Sources are a big help too.



Link to comment
Share on other sites

Site Sponsors:
Pleco for iPhone / Android iPhone & Android Chinese dictionary: camera & hand- writing input, flashcards, audio.
Study Chinese in Kunming 1-1 classes, qualified teachers and unique teaching methods in the Spring City.
Learn Chinese Characters Learn 2289 Chinese Characters in 90 Days with a Unique Flash Card System.
Hacking Chinese Tips and strategies for how to learn Chinese more efficiently
Popup Chinese Translator Understand Chinese inside any Windows application, website or PDF.
Chinese Grammar Wiki All Chinese grammar, organised by level, all in one place.

Join the conversation

You can post now and select your username and password later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Click here to reply. Select text to quote.

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Create New...