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opening a studio in my town
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I live in a small farm town also, I think you could make good money having a studio if you do it right. I think if you do private lessons you should check the person out before you go to their house( for your safety)
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hey rixi, you mentioned you already had 8 friends/family get into poling because of you – that's more students than most new studios (in more rural areas) start with! i know i am going against some expert advice starting a home studio, because of liability, and putting our home at risk, etc.. but i think you could start giving your friends lessons, just keep safety the top priority. i will prob. stick to beginner and intermediate level instruction, because there is less risk of someone getting injured. if someone wanted more advanced instruction, i think i would look into the legal aspect more and make sure they sign a liability waiver that will hold up in court. i hate to even think like that, but maybe i'm just too trusting of people..
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Like tarah I also opened my own studio a couple months back. if you do it that way, do it because you love it and consider it as an extra job, because at least in my experience so far, its not possible to make enough profit for a living. Small studio, small town.. you have all kinds of limitations, from geography, to space and pole limitations to narrow minded thinking people. (the word of mouth can go both ways!). I also start giving skype lessons, its an option but I recomend you get certified for that first, since you really need to know what you are doing and be able to assess what the person on the other side is capable of. good luck 🙂
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You mght want to consider trying to lease hours out of another type of fitness facility.(until you get big enough to justify your own space)..get a a couple non permenant poles that will work for that space. It might be a win/win just because they might need the money. Get a very very good contract with the club. Hire a legal professional for that. I think 15,000.00 is on the low end of what a business might take to open and keep running. Feel LUCKY if you flatline the first year…because it is a process and you need to be in it for the long haul. If you only have a couple months of reserves…wait until you have a years worth and then consider your own space.
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thanks everyone!! seems like too much work right now esp since im in school with 2 young kids. maybe one day, i hv already had my mother in law over for lessons and she LOVED it!! i guess ill jus stick to havin fun with friends and family for now on my brass x stage that im ordering TOMORROW! YYEEEEEE!! so excited!!!! thnx for all the valuable advice 🙂
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Make sure you have all your licenses, insurance, etc. Business requirements vary from state to state, so you should contact the state to find out what they require. I was told that registering as an Corp or LLC (I think it was LLC and not inc) is the best as is defers liability more. You have to write up a waiver (even though they don't do much, they are still important.) I suggest you get a group fitness cert. Some insurances require it. You might go for Empy's pole cert. I think she coveres all the aspects of business like insurance, licensing, etc. If you rent space in a studio, but aren't an official employee, you need to have your own insurance. If you are a contractor with them, I believe you are covered under their insurance, but I'm not positive. That is something to look into. If you own a studio, you need insurance for the building and yourself, I believe. You should check to make sure.
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thnx sensual!! def not ready for that lol
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For when you ARE ready to go that route, here is something to consider. It's not the best idea to have a home studio. The reason being is that your home becomes one with your business, so if you get sued, they can take you home and all that's in it. It's better to separate your business from your home, so if you get sued, they only take things from the business. It's better to have to start over in a business than become homeless.
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great point sensual!! thanks!
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