Red Driving school goes into administration

Posted on February 19th, 2010 by admin, under Advice for Learner Drivers, Latest News.

Red Driving school the third largest driving school in the country went into administration on Thurs 18 February 2010

The company made a 2.2m loss in the last 16 weeks

The administrators say it is business as usual and they think they will find a buyer.

NO NO NO,

RED Driving School is DOOMED

Customers

Do not make any advance payments for driving lessons or Instructor training courses to Red Driving School you could end up loosing your money, if you have already made an advance payment get your training done as quickly as possible whilst you have the chance.

Potential Buyers of Red WATCH OUT

Be aware, Red Driving school has taken millions of pounds in advance payments for driving lessons and driving Instructor courses, they are probably liable to much more than what is on their books. Look at the terrible reputation they have on the web, it is unlikely anyone is going to be foolish enough to pay them anything in advance, so all you will have is no income and plenty of prepaid training to do.

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The discipline of a good Driving School business

Posted on November 5th, 2008 by admin, under Driving Instructor, Driving Schools.

Having clearly established the purpose of setting up a driving school business you then need to be clear about the “shape” of the business and set a market leading strategy. There are three basic principles for establishing a good strategy:

- Teaching excellence
- Exceptional value
- Complete customer satisfaction

driving school's car

Driving Instructors must aim to be an expert in at least one of the above fields – just one, but you need to be at least “industry average” in all three. If you are not then you are likely to have weakness that undermines your strengths in other areas. But first let’s discuss numbers.

What information do you need to get started in setting up your driving school.

  • Start with what’s important – Profit (assuming you’re interested in making money)
  • Keep a strict diary of what’s happening in your business, how many pupils you have and where they came from
  • Keep a balance sheet so you can see at first hand how much is in the bank and how much is in your pocket!

The above information shown on a month by month basis should you give you a good idea what is going on in your driving school business. Next, you need to look at the big picture. This is more important with financial information than probably any other area in the business. Whether you are comparing year on year, or just checking a few months at a time, I would recommend you draw up a simple driving instructor profit and loss account.

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What is the work like?

As a driving instructor, you would teach people how to drive safely and develop the skills they need to pass their driving test and gain a licence.

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