The following post is a collaboration piece that shares some great tips on setting up a yoga business of your own!
(Very timely for me as I’m behind the scenes working on my own side business!! Stay tuned!!)
Looking for a new career? Are you pretty good at practicing Yoga and know most postures and stretches? Well, why not combines these two things and set up your own Yoga studio?! Teaching Yoga is a great job for anyone who is into their fitness, and you will be able to put on as many classes as you want. So, you could easily turn it into a full-time career or just keep it as a side hustle.
Think you could manage this? Here are a few things to think about to help you decide.
Consider A Space
First of all, you will need a space in which to hold your Yoga studio. If you already go to some classes in a studio, you could ask the teacher if she would rent out her space to you a few hours a week. However, if you want to make this your new full-time career, you will need to find your own dedicated space. It’s worth checking to see if nearby leisure centers have any space that you could use. Alternatively, see if there are any old studios coming onto the market that you could buy or rent for yourself.
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Take A Course
Before you start to teach people all about Yoga, you will need to gain certain qualifications. These qualifications ensure that you know how to teach people the various stretches and poses as safely as possible so that no one injures themselves. There are lots of Yoga teaching courses around the country, you just need to find one that you can afford and that focuses on the type of Yoga you want to teach!
Ensure Safety And Security
You need to make sure that your Yoga studio is a safe place. If you don’t, you might end up hearing from a premises liability attorney if someone decides to sue you regarding an accident they had on your property! So, make sure that any hazards are removed from the property before you welcome customers into it. If the building is quite old, you might need to call in an electrician to make sure that there is no risk from the electrics. It could also be worth getting the plumbing checked out and carrying out any other minor maintenance jobs too.
Consider What To Charge
Before you start your lessons, you need to figure out how much to charge your customers. You don’t want to charge too much or else you might find that people will simply go to your competitors for their Yoga. At the same time, though, don’t undersell your services. If you charge too low, you might find that you struggle to make a profit, even if all of your classes sell out! If you are finding it difficult to decide how much to charge, you might want to get some professional advice from an accountant.