{"id":1589,"date":"2020-11-18T02:49:52","date_gmt":"2020-11-18T02:49:52","guid":{"rendered":"https:\/\/www.instancy.com\/2020\/11\/18\/start-online-education-and-training-business\/"},"modified":"2023-10-13T14:50:58","modified_gmt":"2023-10-13T14:50:58","slug":"start-online-education-and-training-business","status":"publish","type":"post","link":"https:\/\/www.instancy.com\/ar\/start-online-education-and-training-business\/","title":{"rendered":"How to Start an Online Education and Training Business?"},"content":{"rendered":"\t\t
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\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\"Start-an-Online-Education-and-Training-Business-instancy\"\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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eLearning is the first foray into online education. Invented in 1998, eLearning is 22 years old!\u00a0Online learning has increased in popularity in recent years to become one of the biggest trends in education.<\/p>\n

Through its innovative technologies and flexible delivery, online learning (also referred to as remote learning) has provided an effective alternative learning option that eliminates the need to be physically in a classroom.\u00a0\u00a0<\/p>\n

With the drastic changes in the concept of traditional education in the last few years, many people are now seizing the\u00a0opportunity to start\u00a0an\u00a0online\u00a0education and training\u00a0business<\/a><\/strong>.<\/p>\n

Thanks to\u00a0advancements\u00a0in technology and the availability of great learning platforms like Instancy.com, anyone can grab a piece of this\u00a0lucrative pie.\u00a0\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Benefits of Starting an Online Training and Education Business <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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If you are wondering why\u00a0an\u00a0online training\u00a0business is a great idea and why you should start yours, here are five benefits you should consider.\u00a0\u00a0<\/p>\n

1. Demand is high\u00a0\u00a0<\/h3>\n

There\u2019s\u00a0a spike in demand.\u00a0The online training sector\u2019s projected growth in the US alone is $15.86 billion for 2021. It is no longer considered a fad \u2013 it is mainstream across all educational institutions and corporations. Learners are seeking access to quality knowledge content outside of work and school.\u00a0\u00a0<\/p>\n

2. Minimal setup costs\u00a0\u00a0<\/h3>\n

Unlike setting up a brick-and-mortar\u00a0school, you\u00a0don\u2019t\u00a0need to spend a fortune to start your online\u00a0education\u00a0business. The business model\u00a0doesn\u2019t\u00a0require expensive equipment, a fleet of vehicles, rent for premises, utility bills, insurance,\u00a0and other expenses. Setting up and operating your online\u00a0training\u00a0business is super-easy and\u00a0cost-friendly. There are\u00a0useful\u00a0cloud-based apps like Instancy that allow\u00a0you to set up your business in minutes within your desired budget so you can break even and start turning a profit in no time.\u00a0\u00a0<\/p>\n

3. Convenience\u00a0\u00a0<\/h3>\n

One of the alluring attractions to starting an online\u00a0training and education\u00a0business\u00a0is\u00a0that\u00a0it\u00a0allows you to\u00a0work from home. There is no need to go in to work daily. You can design and develop courses from anywhere, anytime, and on your schedule.<\/p>\n

The convenience drills down to your students as well.\u00a0Flexibility is key to maintaining a work-life balance during 2020,\u00a0and this business model is ripe with opportunities.\u00a0Research shows a 25-60% retention rate for online learning.\u00a0\u00a0<\/em><\/p>\n

4. Flexible work hours\u00a0\u00a0<\/h3>\n

Starting an online\u00a0education and training\u00a0business makes it possible for you to earn while working around your schedule.\u00a0Whether running an online training business full-time or part-time, you can adjust your work-life balance accordingly.\u00a0Very few businesses give you control of the hours you work like this one.\u00a0\u00a0<\/p>\n

5. Technology\u00a0\u00a0<\/h3>\n

The recent advancements in technology have made it possible\u00a0for online\u00a0instructors\u00a0to achieve the same results traditional\u00a0instructors\u00a0do. We have plenty of online educational tools and apps,\u00a0such as\u00a0Instancy,\u00a0to\u00a0make the process easier and hassle-free.\u00a0<\/p>\n

Technology\u00a0enhances\u00a0learning since you can easily send\u00a0educational\u00a0materials to students in various formats such as videos, pictures, audio podcasts, etc.,\u00a0allowing for higher engagement levels.\u00a0\u00a0<\/p>\n

How\u00a0to\u00a0Start an Online Training\u00a0Business?\u00a0<\/h2>\n

The first step in the process is to make up\u00a0your mind to\u00a0start an\u00a0online\u00a0training and education\u00a0business.\u00a0Once you decide to move forward, you can\u00a0begin the\u00a0setup\u00a0process.\u00a0\u00a0<\/p>\n

1. Choose your niche:\u00a0<\/h3>\n

The first thing to do is to consider your expertise.\u00a0Because of the interest and demand in online education and training, many topic areas have brisk sales.\u00a0Some topics are academic, some are corporate, and some are for the general population. Do you want to cater to a specific demographic, such as children? Take ample time to research your niche; otherwise, you may offer a course with no takers!\u00a0<\/p>\n

2. Check out the competition\u00a0\u00a0<\/h3>\n

When considering an online learning business, competition is good. Rarely do you want to be the first to market. It is a good idea to perform a comprehensive study of the marketplace. Research to learn about the services\u00a0competitors\u00a0offer and their rates.\u00a0Look for any gaps in products or services as those gaps may be an area where you will stand out.\u00a0\u00a0<\/p>\n

3. Decide how you are going to provide\u00a0your\u00a0services\u00a0\u00a0<\/h3>\n

Do you plan to offer your education products nationally or globally? Some businesses also decide to target the local market only. The choice is yours!<\/p>\n

Do you want to\u00a0provide\u00a0a blended learning experience where students access different learning modalities, such as self-paced eLearning?\u00a0 Is instruction completely remote,\u00a0or should students expect to spend some time in a physical classroom?\u00a0Because of the pandemic, most online education businesses now prefer blended\u00a0learning;\u00a0i.e.,\u00a0you need to\u00a0deliver\u00a0virtual classrooms for one or more users\/learners. You need to provide digital content in various formats,\u00a0including video, online quizzes, audio podcasts, discussion forums, chat,\u00a0and more.\u00a0\u00a0<\/p>\n

4. Decide a consistent fee scale\u00a0\u00a0<\/h3>\n

Deciding how much to charge is probably the\u00a0most challenging\u00a0part of the planning process.\u00a0Be objective and try to determine competitive price points. Also,\u00a0consider the\u00a0actual\u00a0value of your course. What are students paying for similar classes? Charge too much,\u00a0and you will get fewer sales. Charge too little,\u00a0and you are leaving money on the table.\u00a0Let\u2019s\u00a0look at one example.\u00a0\u00a0<\/p>\n

At the moment, you have two types of pricing. You sell your courses, quantity one, or ala carte. The alternative is to sell a\u00a0recurring\u00a0membership subscription\u00a0to a course or content library.\u00a0\u00a0<\/p>\n

The membership subscription will be more profitable long term because this is a\u00a0recurring\u00a0fee!\u00a0\u00a0<\/p>\n

5. Choose a name\u00a0\u00a0<\/h3>\n

Next, pick a name for your business. Your choice of a name matters as it is part of your brand, so consider\u00a0choosing a name that sets your services apart and Google it to ensure that\u00a0it\u2019s\u00a0available. It might also help to ask other\u00a0people\u2019s\u00a0opinions on\u00a0a\u00a0name.\u00a0\u00a0<\/p>\n

6. Deal with the financial and legal issues\u00a0\u00a0<\/h3>\n

Remember\u00a0that starting an online\u00a0education\u00a0business is more than just a way to earn an income. It is a business, and\u00a0you\u00a0will have to file for the appropriate small business license in your state. Consider speaking to a small business lawyer to find out about the best way for you to file.\u00a0\u00a0<\/p>\n

7. Gather the tools you\u00a0need\u00a0for business\u00a0\u00a0<\/h3>\n

If\u00a0you\u2019re\u00a0starting an online business, you need to ensure that you are well-equipped to provide\u00a0your students\u2019 quality services.\u00a0It\u2019s\u00a0also\u00a0essential\u00a0to choose a suitable\u00a0online learning\u00a0platform. Instancy is an excellent platform to consider.\u00a0\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Why choose Instancy as your training and education business learning platform? <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Instancy Learning Platform and Learning Experience Platform is a powerful yet simple-to-use framework that includes five integrated products you may also deploy in a modular way as required:\u00a0<\/p>\n

1.\u00a0<\/strong>Instancy Learning Management System (iLMS)<\/p>\n

2.\u00a0<\/strong>Instancy Learning Content Management System (iLCMS) and Authoring Tools<\/p>\n

3.<\/strong>\u00a0Instancy Mobile Learning Apps Platform for iPhone, iPod Touch, iPad, Android Phones and Tablets<\/p>\n

4.<\/strong>\u00a0Instancy Learning Record Store (iLRS)<\/p>\n

5.<\/strong>\u00a0eCommerce and Catalog Management<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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The Instancy software-as-a-service platform may be deployed as\u00a0a\u00a0branded\u00a0online learning portal.<\/strong><\/p>\n

Instancy\u2019s\u00a0multi-tenant\u00a0architecture enables learning organizations to create multiple sites for\u00a0= training\u00a0business clients and reseller partners.\u00a0\u00a0<\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Instancy Learning Management System (iLMS) <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Instancy\u2019s iLMS<\/strong><\/a>\u00a0lets you plan, manage, deliver,\u00a0and evaluate personalized and blended learning programs. Whether\u00a0you\u2019re\u00a0working with eLearning, classroom training, webinars, video tutorials,\u00a0or informal learning, Instancy\u2019s system gives you the ease, flexibility, automation,\u00a0and capabilities you need.\u00a0\u00a0<\/p>\n

Key Features:<\/strong>\u00a0<\/p>\n

1.<\/strong>\u00a0Design your learning portal and sub-portals the way you want<\/p>\n

2.\u00a0<\/strong>Deliver eLearning, blended learning, assessments, and performance support<\/p>\n

3.<\/strong>\u00a0Manage the calendar of events and classroom training<\/p>\n

4.<\/strong>\u00a0Deliver and manage virtual classroom training<\/p>\n

5.<\/strong>\u00a0Engage your learners with social learning and provide the ability for knowledge collaboration<\/p>\n

6.<\/strong>\u00a0Manage skill-competency based learning<\/p>\n

7.<\/strong>\u00a0Manage learning assignments, reports, and analytics<\/p>\n

8.<\/strong>\u00a0Deliver and track Experience API (xAPI), SCORM, and AICC (eLearning standards) course packages<\/p>\n

9.<\/strong>\u00a0Leverage Instancy\u2019s Application Programming Interface (API) to create a seamless workflow between iLMS and other applications.

Related Read:\u00a011 REASONS WHY OPTING FOR AN LMS IS A SMART DECISION\u202fFOR YOUR\u202fORGANIZATION<\/a><\/em><\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Instancy Learning Content Management System (iLCMS) and Authoring Tools <\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Speed up content production for eLearning and instructor-led courseware with reusable learning objects to enhance learning effectiveness and reduce training project costs with our\u00a0robust\u00a0framework.<\/p>\n

Instancy Learning Content Management System<\/strong><\/a>\u00a0(iLCMS) offers collaborative content publishing workflows that allow you to coordinate the tasks of multiple contributors and reviewers across the content supply chain.<\/p>\n

Manage content submissions from numerous sources, expedite updates, and ensure the\u00a0right individuals\u2019 published content routes in the\u00a0proper\u00a0format.\u00a0<\/p>\n

Key Features:<\/strong>\u00a0<\/p>\n

1.\u00a0<\/strong>Manage your source content in a single repository and update as needed in Instancy\u2019s Learning Object Repository (iLOR).<\/p>\n

2.\u00a0<\/strong>Create powerful eLearning content rapidly and cost-effectively with Instancy\u2019s web-based eLearning Authoring Suite.<\/p>\n

3.\u00a0<\/strong>Multiuser and collaborative author and reviewer workflows
Effortlessly convert your MS-Word documents into engaging eLearning content using Instancy MS-Word storyboard to the eLearning conversion tool<\/p>\n

4.<\/strong>\u00a0Convert your existing MS-PowerPoint presentations into engaging eLearning content using Instancy MS-PowerPoint to the eLearning conversion tool<\/p>\n

5.\u00a0<\/strong>Create online assessments and surveys<\/p>\n

6.\u00a0<\/strong>Sequencing rules to personalize content delivery<\/p>\n

7.<\/strong>\u00a0Automate the complete workflow for creating, delivering, and managing test preparations<\/p>\n

8.<\/strong>\u00a0Training event management and blended learning<\/p>\n

9.\u00a0<\/strong>eLearning standards (SCORM, AICC, xAPI) support<\/p>\n

10<\/strong>. Media resource management<\/p>\n

11.<\/strong>\u00a0Multi-language support to localize learning content<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Instancy Mobile Learning Apps for Your Training & Education Business <\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Empower your customers. Deliver learning and on mobile platforms.\u00a0\u00a0<\/p>\n

Instancy Mobile Learning App Platform\u2122<\/strong><\/a>\u00a0enables you to create, manage,\u00a0and deliver mobile learning to multiple mobile devices from within one integrated Learning Management System (LMS).\u00a0<\/p>\n

Key Features:<\/strong><\/p>\n

1.<\/strong>\u00a0Mobile learning management system<\/p>\n

2.<\/strong>\u00a0Distribute learning content on native apps (iOS and Android)<\/p>\n

3.<\/strong>\u00a0Design wizard to configure the native apps<\/p>\n

4.<\/strong>\u00a0Create and deliver mobile learning content<\/p>\n

5.<\/strong>\u00a0Event management and registration workflows<\/p>\n

6.<\/strong>\u00a0Quizzes & assessments<\/p>\n

7.<\/strong>\u00a0Online surveys<\/p>\n

8.<\/strong>\u00a0Document sharing<\/p>\n

9.\u00a0<\/strong>Create audio and video content library<\/p>\n

10.<\/strong>\u00a0Enable your learners to purchase from their mobile device<\/p>\n

11.<\/strong>\u00a0User management<\/p>\n

12.\u00a0<\/strong>Reports & analytics on learning progress<\/p>\n

13.<\/strong>\u00a0Access content and assignments offline<\/p>\n

14. Track offline and synch learner experience and progress using experience API (xAPI) within Instancy native learning apps<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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eCommerce and Catalog Management <\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Merchandize your training and educational offerings and digital content through various eCommerce and payment options.\u00a0Instancy\u00a0eCommerce management system<\/strong><\/a>\u00a0integrates\u00a0with multiple payment gateways,\u00a0including PayPal, Stripe, and Authorize.Net,\u00a0and comes with an integrated shopping cart interface.\u00a0<\/p>\n

Key Features:<\/strong>\u00a0<\/p>\n

1.<\/strong>\u00a0Create a catalog of training and education resources<\/p>\n

2.<\/strong>\u00a0Manage eCommerce transactions for eLearning courses, virtual classrooms, video, online assessments, exam preparation packages, learning tracks\/packages, shippable products, and more<\/p>\n

3.<\/strong>\u00a0Enable classroom and training event registration and payments<\/p>\n

4.<\/strong>\u00a0Enable eCommerce based recurring payments or membership subscriptions \u202f<\/p>\n

5.<\/strong>\u00a0Enable multiple offline payments and approval workflows
Support discounts and coupons<\/p>\n

6.\u00a0<\/strong>Email notifications to end-users and administrators\u202f
Monthly sales reports<\/p>\n

7.\u00a0<\/strong>Integrate your catalog listing with your web site, including single single-on<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Instancy Learning Record Store (iLRS) and Experience API Integration <\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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The\u00a0Instancy Learning Record Store<\/strong><\/a>\u00a0(iLRS) is a cloud-based web application that receives and stores real-time learning activity statements generated by the Experience API, whether that content or applications are inside or outside the Instancy Platform.\u00a0<\/p>

The Experience API and Instancy LRS allow you\u00a0to\u00a0track learning activities anywhere and everywhere \u2013 web browsers, mobile apps, simulations, performance support, social learning, business applications,\u00a0and more. You can\u00a0follow\u00a0any action, store the information into Instancy LRS, and generate meaningful reports.\u00a0<\/p>

Key Features:<\/strong>\u00a0<\/p>

1.<\/strong>\u00a0Repository of learning activities ranging from formal eLearning courses, performance support, training simulations, and games to informal learning activities such as learner-generated content, learning sharing, and online discussions<\/p>

2.<\/strong>\u00a0Learning analytics, dashboards, and reports across all learning activities, including assignments, course progress, completion, assessment, surveys, and certifications<\/p>

3.<\/strong>\u00a0Out-of-box integration with Instancy Learning Management System (iLMS) and Instancy Learning Content Management System (iLCMS)<\/p>

4.<\/strong>\u00a0Receive xAPI data from external sources and OAuth integration<\/p>

Find out more about the Instancy Learning Platform with a demo and free trial\u00a0by clicking\u00a0https:\/\/www.instancy.com\/schedule-meeting.html.<\/a>\u00a0<\/b>You\u2019ll\u00a0be amazed at the ease\u00a0with\u00a0which you get up and running. The Instancy Support Team is here for you \u2013 we want you to succeed.\u202f\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Your learning business is unique. We configure the right learning platform solution that fits you like a glove.<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\n\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\tBook a Demo Today<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"

eLearning is the first foray into online education. Invented in 1998, eLearning is 22 years old!\u00a0Online learning has increased in popularity in recent years to […]<\/p>\n","protected":false},"author":2,"featured_media":15540,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[11],"tags":[88],"class_list":["post-1589","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-training-and-education-institutes","tag-elearning-cources"],"yoast_head":"\nHow to Start an Online Education and Training Business?<\/title>\n<meta name=\"description\" content=\"Are you planning to build an online learning platform? 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