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How would I go about opening a dance studio for children?
What steps do I have to take? Where to start? Its been a dream to teach kids with down's syndrome how to dance. thanks
2 Answers
- Jay BLv 41 decade agoFavourite answer
Before you start purchasing things and building things - It may be in your best interest to create a business plan. I am currently working on mine for my dance studio in my area. Because without a business plan, and assistance from a lawyer, you'll find it hard to get a decent loan to pay for your mirrors, hardwood/marley floors, barres, etc.
Thats the last thing I wanted to do, b/c I just wanted to teach dance, no deal with all the business aspects...however, you cannot have a successful business without some preparation....
- read some business plan books, and start one of your own
- speak with a lawyer (liability purposes, are you going to have employees working there etc)
- speak with a loan officer if you are needing to make huge decor/construction changes
- lease a building to start with, before purchasing. rent is easier than mortgage and property taxes.
- check out other studios in the area to get an idea of classes & pricing
- continue with dance education yourself
- NETWORK!! meet people who can "do things"
- and make sure you have a client base of students, a loan officer is going to need to know that he'll get his money back for the risk, and students help!
Hope this helps!
Source(s): I'm a dancer - 19 years and soon-to-be studio owner/operator - Ms_GLv 61 decade ago
well first you find a building to turn into your studio then you register your business name and possibly incorporate the business,you will get a bank account for your studio, then you'll want to do some advertising.
best of luck to you!