Pros:
-Wide reach: An online course business can provide access to students from all over the world, allowing for a much larger potential customer base than a traditional brick-and-mortar school.
-Low overhead costs: With no physical premises to maintain, you can run your business with minimal overhead costs.
-Flexible timings: You have the flexibility to structure your course in whatever way suits you and your students best, allowing for greater freedom than with a more rigidly structured school environment.
Cons:
-Competition: As the online courses market continues to grow, it can be difficult to stand out from the crowd and draw enough students to your courses.
-Difficulties in marketing: Reaching potential students can be a challenge, as there are often numerous other online course providers vying for their attention.
-High start-up costs: Depending on the scope of your business, you may need to invest in software, equipment and other resources before you can get started.
-Technical issues: There are a number of technical difficulties that can arise when running an online course business, such as unreliable internet connections or student devices not working properly. These problems must be addressed promptly to ensure the smooth running of your courses.