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Corporate Training

 
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Zero



Joined: 08 Sep 2004
Posts: 1402

PostPosted: Wed Jun 09, 2010 1:29 am    Post subject: Corporate Training Reply with quote

Does anyone do corporate training? I noticed that ClarkMorgan, for example, pays well -- 20,000 to 30,000 RMB per month. Of course, the qualifications are different from regular ESL teaching. For starters, they want you to have corporate experience and be bilingual.

Just curious whether anyone has made their way into this line of work. Would like to hear more about how you got there and what it's like.
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LanGuTou



Joined: 23 Mar 2009
Posts: 621
Location: Shandong

PostPosted: Wed Jun 09, 2010 10:31 am    Post subject: Reply with quote

If corporate training takes your fancy, it maybe a case for looking at the freelancing options.

Firstly, do some research on locally based corporations. WOFE and JV may be the most likely in terms of requiring language training as foreign communication would be very likely. After WOFE/JV spread the search to other international trading companies. Internet recruitment sites such as zhaopin.com will help this process.

Secondly, prepare a pristine CV/resume in English and Chinese along with a "sell oneself" focussed cover letter. Send to the HR Department and try to ascertain the potential need for freelance language support.

Thirdly, design yourself a comprehensive business plan. Decide on the contents of what you would like to teach and how to present it. Try to do a few financial predictions, break even forecast and cash flow forecasts. Use this information to design a pricing structure.

Fourthly, if you get the impression that demand is there for the skills that you are offering, approach the local government with a proposal to establish your own Wholly Owned Foreign Enterprise (WOFE). You will be asked to come up with a wad of registered capital. This is where your negotiation power will be put to the test. You will undoubtedly be quoted figures like 30K or 40K USD. By using an imaginative approach, it is possible and you can get that figure down to 20K (or less) USD to be deposited within one year of registration.

You will be asked the scope of your business activities. DO NOT UNDER ANY CIRCUMSTANCES use words like English language, school or teaching! You will never get the lowest registered capital level. Use words like Business Consultancy, Corporate Training etc. Try to register your company as a Consultancy Service Provider.

The registered capital requirement always seems imposing. If you take a deep breath, it is not so bad. 20K USD is only equivalent to about 130K CNY or so. If you have done your research, you are competent and well prepared, you can easily cover that figure in year. 30K+ rmb per month should be within your grasp. Along with the strong CNY against weakened USD, you will also have the exchange advantage. Make the money in rmb, exchange to USD then transfer to your capital account from an offshore location. Job done! Once the capital is banked and checked, you can then take it out again for your own consumption or company investment although tax will be deducted.

Even if the worst comes to the worst and you don't reach the required capital requirement, you can borrow the money and repay it as soon as your RC Account has been checked.

There are many sidelines you could quite legally carry out such as translation work, proof reading, helping to develop marketing material for companies and so on that could potentially double your income. You can also, of course, on the quiet carry on as a FT or tutor if you hit a difficult spell or need extra income.

Finally, if you do go down the freelancing or WOFE road, remember to allow for certain expenses. The cost of registering the business will be around 1000 - 2000 rmb. You will need to appoint an accountant who will require an upfront payment of anything between 3 months and a year. You cannot register a business using the address of a university apartment etc. You will have to allow for the rental of an office facility that will require a deposit. Add to the the cost of utilities such as internet, electricity, water, maintenance etc. You will have to pay for your own medical examination and residence permit along with an agent to carry this process out (c. 6000 rmb). There are other miscellaneous expenses. I would estimate that you should allow 20k rmb for start up costs.

The potential return on investment could be between 300k rmb and 500k rmb per year if you are competent, flexible and industrious without even going overboard.
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The Ever-changing Cleric



Joined: 19 Feb 2009
Posts: 1523

PostPosted: Wed Jun 09, 2010 11:58 am    Post subject: Reply with quote

some interesting info up there. thanks.
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Zero



Joined: 08 Sep 2004
Posts: 1402

PostPosted: Wed Jun 09, 2010 2:01 pm    Post subject: Reply with quote

I like your ideas. What background do you think a person would need in order to have credibility?

I wonder if it might be less complicated to get a low-hours university job in a second- or third-tier city, like a Wuxi, for visa purposes. And then start the training business on the side. Perhaps the market would be less saturated with other trainers.
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mike w



Joined: 26 May 2004
Posts: 1071
Location: Beijing building site

PostPosted: Wed Jun 09, 2010 2:27 pm    Post subject: Reply with quote

I've been in corporate training in China for the last five years, working for a Chinese company. From 1992 to 2002 I was in corporate training for a leading UK company working in UK, China, Italy, an Germany.

PM if you want to know more.
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LanGuTou



Joined: 23 Mar 2009
Posts: 621
Location: Shandong

PostPosted: Wed Jun 09, 2010 10:38 pm    Post subject: Reply with quote

Zero wrote:
I like your ideas. What background do you think a person would need in order to have credibility?

I wonder if it might be less complicated to get a low-hours university job in a second- or third-tier city, like a Wuxi, for visa purposes. And then start the training business on the side. Perhaps the market would be less saturated with other trainers.


What background?

Instead of asking people on this board what kind of skills would be beneficial, do your own research. In your business plan, you should carry out a SWOT analysis (strengths, weaknesses, opportunities and threats). Determine yourself the kind of things that you are good at and what would make you an attractive proposition. Then seek to sell yourself to your potential clients.

In terms of job skills, I am sure that mike w would be able to give better suggestions than me but I would think that a strong grounding in business English, economics, finance and international trade would be attractive and to use your transferable skills to make the training lively and attractive to your trainees.

NOTE:

I have not, at any point, suggested that you dive into a position of self employment. Business involves risk and you should plan, plan, and plan again before going into such an arrangement. Carry on with your university teaching on low hours until you have thoroughly researched the market and identified potential clients. That is exactly the way that I have approached this. I registered my business with half of my teaching contract left to give me an income whilst I develop the business plan and get my foot in a few doors. It places me in a position to motor forward as soon as my contract finishes.

IF DOUBTS LINGER IN YOUR HEAD AS TO THE LIKELIHOOD OF SUCCESS, THEN THINK TWICE AND POSTPONE YOUR DECISION TO REGISTER THE BUSINESS.

If it is security that you seek, then maybe working for an employer is the better option for you. If you are up for excitement, challenge and a "go getter" self employment is a satisfying and lucrative proposition. Only you can decide on this.

Preparation is key to success!

Luck is what happens when planning meets with opportunity! Sieze the day!

Look for your niche in the market. My background is food technology and food safety systems. I am also bilingual at basic and scientific level. Right now is a good time for me to ply my skills in China. I don't need to explain further why that may be.

Decide what your niche would be and its desirability in the market place.

Plan well and luck will follow. When you are doing your business planning and sending off CV's etc. you may be offered a good job anyway in the corporate sector. Very few jobs are actually advertised. Your dream position may be encountered purely by luck. That is the way it sometimes goes!

From a self employment point of view, one attractive aspect is you design your own flexibility. You are not stuck with one employer. You can do short term contracts in various locations. Move from Beijing, to Shenzhen, to Dalian, to Hohhot, to Myanmar, to Vietnam as you wish and as demand allows. You and your client base can decide that.

Whatever you decide:

GOOD LUCK AND BEST WISHES! Smile
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drjtrekker



Joined: 16 Feb 2008
Posts: 251

PostPosted: Thu Jun 10, 2010 1:20 am    Post subject: Reply with quote

LanGu Tou,

Quote:
You will have to pay for your own medical examination and residence permit along with an agent to carry this process out


Question:
The WOFE does not allow/entitle one to qualify for an RP?
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LanGuTou



Joined: 23 Mar 2009
Posts: 621
Location: Shandong

PostPosted: Thu Jun 10, 2010 12:03 pm    Post subject: Reply with quote

drjtrekker wrote:
LanGu Tou,

Quote:
You will have to pay for your own medical examination and residence permit along with an agent to carry this process out


Question:
The WOFE does not allow/entitle one to qualify for an RP?


Yes, you can get a work permit and visa but, unlike life as a FT, you will have to go through the whole cumbersome exercise again.

You cannot use the same 'Z' visa that is already stuck in your passport. You must cancel any existing RP and get a 'L' visa, apply for a new WP or FEC yourself, undergo the medical, get a new invitation letter from the appropriate bureau, leave the country, re-enter on a new 'Z' visa and reapply for a new RP as self employed.

If you carry on teaching but register the business in the meantime as I did, the government will allow you to use the same RP. As soon as you stop teaching, you should cancel any remaining time left on the teaching RP and start the process of getting a new one.
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El Macho



Joined: 30 Jan 2006
Posts: 200

PostPosted: Wed Jun 16, 2010 7:54 pm    Post subject: Reply with quote

Thanks, LanGuTou, good value in the above post. Do you know how the costs for registering a JV compare to registering a WFOE?
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LanGuTou



Joined: 23 Mar 2009
Posts: 621
Location: Shandong

PostPosted: Wed Jun 16, 2010 10:20 pm    Post subject: Reply with quote

El Macho wrote:
Thanks, LanGuTou, good value in the above post. Do you know how the costs for registering a JV compare to registering a WFOE?


Costs related to entering a JV agreement will be comparable to those for establishing a WOFE (WFOE). It entirely depends on your business scope and negotiating skills in terms of registered capital. Other business costs are the same.

To enter into a JV assumes that you already have a fully registered and legal business in your own country. Is this the case or is it actually a partnership with a Chinese citizen that you are talking about?

If it is the latter, I would advise extreme caution. Ensure that you know and trust the Chinese partner to an absolute degree. Chinese and western business protocols and culture have few similarities. Although the western partner often puts all the funds into the business it is usually the Chinese partner that comes out of the deal with all the rewards. Idea

I prefer the WFOE because it leaves me in control but that is a side issue. To go back to your original question, the costs would be similar for the registration process.
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El Macho



Joined: 30 Jan 2006
Posts: 200

PostPosted: Thu Jun 17, 2010 6:20 pm    Post subject: Reply with quote

If the setup costs are equivalent (especially for something like consulting), there seems to be very little reason to consider going the JV route. Thanks. Any resources in English you can recommend about these sorts of things?
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LanGuTou



Joined: 23 Mar 2009
Posts: 621
Location: Shandong

PostPosted: Thu Jun 17, 2010 10:21 pm    Post subject: Reply with quote

I certainly prefer the WFOE route because I don't like other people involved with my dealings when it can be helped.

As for reading resources, there is masses available on line by doing simple searches. You can buy material from Amazon or Xinhua Bookstores. There is a very quaint little book called "Doing Business in China for Dummies" that contains some useful advice. I must admit, I used a torrent website to download that and some other reading material.

However, never lose sight of the fact that this is China and absolutely nothing is black and white. The reading material will tell you one thing, reality will be totally or significantly different. Like everything in China life, setting up a business is swaythed in shades of grey. You need to do plenty of leg work. Ask people who have already set up businesses successfully in China. Get yourself on LinkedIn or other professional websites and ask questions etc.

Your best resource remains word of mouth. Find out who is involved in Foreign Investment at the local government offices and try to befriend someone in the know. You may find them surprisingly accommodating because it is their job to attract foreign investment.

The man that heads the department that has handled my business registration is wonderful. He is one of the most down to earth Chinese that I have ever met. He has helped me to identify many loopholes and many things that are to my advantage. Sometimes, inviting these people for a meal and a few drinks can set your life up!

As part of my initial business plan, I paid a company to help me find an unpaid internship role that was flexible enough to fit around my teaching duties. That happened and I linked up with a Chinese man with many years of experience in business and international trading. My investment just to get this link was more than 2000 rmb but he has been wonderful from start to finish. The best business consultant one could dream of!

Every question or every peroblem I have encountered, he knew the answer to or someone else who could help me. He has negotiated on my behalf, got discounts on my behalf and helped me with every financial matter. We are now very close friends. My longer term planning involves buying his business and going into international trading. We have tentative discussions about that even now.
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