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I worked at West Georgia Technical College as a contractor (Less than a year)
You get to decide how you want to instruct the students, with what material and tools you want to add in. They do not dictate your classes to you, you have full control over it. You have the freedom to teach in class or use practical teaching and teach outside or wherever you choose. They do marketing and advertising in town to bring more students in. That gives you a higher pay, if you choose to do it that way
If you only have a few students, you don't make very much, if only enough to cover your gas costs. They do not provide much in the line of structure so you must build your class yourself. If your not one who knows how to do this, that could be a con.