09 November, 2022
What is an education business and what do you need to prepare?

In recent years, education has drawn more and more attention and investment. This shows the sector is developing step by step and is expected to be a key field in the near future. With such a promising market, which education business model works best, and what do you need to prepare to succeed? Let's MONA Media find the answers in the article below!
What is the education business?
The education business is like any other business model, with one difference: it provides customers with value in the form of knowledge and skills in a specific field. The key customers of an education business are the students.
You could say that education business means creating a system, an environment and a service where students can easily access, learn and gain the knowledge or skills they need for their own needs and interests.
Unlike traditional education models, the education business model runs on investment from individuals, companies or private organizations rather than the state budget. As a result, the facilities for learning and the "use of education services" at education businesses have improved markedly, giving learners the best possible conditions.
To answer the question above, join Hung, Product Director at The MONA, as he walks through the journey from traditional teaching to an automated Elearning business model. Watch the video below for the story of cách bán khóa học online (how to sell courses online), turning knowledge into a digital product you can sell widely and earn passive income from.
Click the video to watch now!
The potential of the education business in Vietnam
Education has always been one of society's most important needs, because it is tied directly to the future of each individual and of a whole generation. In Vietnam, interest in education goes beyond learning to know. People learn to have a trade, a skill and a better chance to grow. Because demand keeps rising, the education market in Vietnam is seen as a promising field for building a business models sustainable, long-term business.
Recent studies show that 47% of spending in each Vietnamese family goes to education. Total state budget spending on education in 2025 is estimated at 430,000 billion VND (based on figures compiled from the Ministry of Finance and the Ministry of Education and Training). Meanwhile, according to the World Bank Vietnam Skills Report, about 40% of the workforce in Vietnam needs retraining or upskilling in 2025-2030.
All of these numbers show that education business models have huge room to grow in today's market. First, supply and demand are out of balance. Besides centers and online courses, businesses increasingly want to build strong staff training models.
Common education business models today
Here are the popular education business models you can consider.
Education franchising
Instead of running some product or service business of your own, an education franchise means you use the training methods under the brand of the party that created and founded the education model.
The biggest requirement for this model is plenty of capital. Because most of these models are built by foreign organizations, franchise fees are very high. In return, you save on marketing, brand building and more.
Online education business model (E-learning)
Advances in information technology have opened the way for for online teaching. This is an ideal online education business model that serves many kinds of learners well. You benefit a lot from teaching online too.
“Teaching with a video series is a form of selling a product. You spend time, expertise and money once to create the product, then sell it. The workload ends up much lighter and easier than in traditional teaching.” – Khanh Hung, CEO and Founder of The MONA, shares.
If you also want to start an education business with an online teaching model, check out "The Course Business Course" by Khanh Hung. It is the most complete overview, helping you CREATE and SELL YOUR COURSE in the most polished, systematic way.
Teaching on the E-learning platform is a way to earn GREAT, ATTRACTIVE income, with revenue in the hundreds of millions of VND, made especially for experts in a skill group or a particular profession.
Right now, click the link above! Get a set of 30 videos, COMPLETELY FREE, on how to run a successful course business and become an Elearning instructor with a MILLION-DOLLAR course, with Khanh Hung Academy.
Opening an education center
Based on what learners actually need, starting a foreign language center hay or opening a tutoring center requires the most suitable plan. You can offer courses in foreign languages, IT or other fields, and any useful knowledge. For any area of knowledge people care about, you can consider opening a training center to match.
Preschool education business
Children of preschool age begin to meet a new environment with friends and teachers. This is also when they start to meet knowledge, pick up skills and form study habits. So teaching children at this stage is essential, and only the right method brings strong results.
The preschool education business has become a model many individuals and organizations consider. It offers real room to expand as parents' demand for preschool-age education keeps rising.
Running short courses
Running an education business through short courses and workshops is a direction worth considering. Instead of building lectures for a long program that takes lots of time and effort, the content is broken into small pieces that are convenient for learners and easy for creators to produce.
With short courses and workshops, the in-depth learning needs of each person, in every field, are well supported.
What do you need to prepare to run an education business?
To run an education business model successfully, individuals and organizations need to prepare the following.
Information management software
Managing information raises many issues throughout the operation of any education model. Teacher and student records, class lists, income and expenses, schedules and more should all be handled by management software that tracks them accurately.
Any mistake brings negative consequences. So it pays to research and choose information management software that fits your actual needs.
One of the effective education management solutions at training organizations today is MONA LMS. This is exactly center management software developed by MONA Software with 8+ years of experience delivering LMS projects for more than 1,000+ educational institutions.
The standout features of the MONA LMS software are:
- Managing student information, test history, grade reports and more
- Automatic lecture scheduling and timetables
- Managing teachers and center staff
- Controlling income and expenses, with automatic tuition notices and more
- Statistics and evaluation of training results and teaching quality
And many more features that optimize the management and operation of schools, centers, exam-prep programs and more. Contact us today for HOTLINE 1900 636 648 to get advice and a software quote right away.
Define your goals and come up with an education business idea
The first thing to do is define your target audience. Only once you know who your education customers are can you choose the right format or build the training content as it should be.
Balance by age, gender, occupation and so on to develop lesson content and a training format that fit best. Define the characteristics and needs of each group in detail, clearly and accurately, so every decision is sound and supports a successful business.
From these suggestions, or by developing your own model, you build a suitable education startup idea so the business has room to grow well. Focus on effectiveness and fit before thinking about being different or unique. That's how an education business delivers knowledge that is truly useful and highly rated.
A website for online teaching
Designing an online teaching website to support your teaching is one of the things an education center or school should invest in. Even if you aren't planning to teach online, having a website for your business is a must. An online teaching website can help you reach over 60% more customers than your competitors.
Here are the main features of the online course website and selling solution, the MONA Elearning system:
- Student classification system complete with automated selling, so you can track how interested students are in your Elearning lecture videos and improve things to attract more of them.
- Special Offer system which can create offer codes, discount codes, vouchers, QR codes, affiliate links and more, so you can easily run promotions that motivate students to "close the deal" on your course.
- An affiliate marketing system complete, helping you manage commissions and automate affiliate discounts.
- Student management and automatic payment features, plus statistics, assignment creation, AI that grades and checks work automatically, exam-bank creation and more
- Plus 200+ other features to support online teaching. Just tell us what you need and MONA will code that feature for you.
MONA CEO and Founder Khanh Hung and 400+ other instructors have genuinely succeeded in selling courses worth billions of VND with just one MONA Elearning system! And if you also want to succeed in the education business on an E-learning platform, click the contact image above or try the system yourself right here!
Try the Elearning website nowCOMPLETELY FREE | COMPLETELY AUTOMATED
Prepare paperwork and capital to set up your business
An education business requires you to be legally registered so your work can run smoothly without negative problems or unexpected incidents.
So researching and completing the registration procedures with the competent authority is mandatory.
We hope the information MONA Media has shared gives you a good sense of the elements involved in what the education business is. It also covers what to prepare for your plan to starting an online business succeed.
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