sponsors

 

 

sponsors

 

 

 

 

Testing Records

All testing records should be maintained forever. Years from now, previous students may need you to verify their rank. You took their money for the testing, so you should be able verify their performance and their results at every testing in which they ever participated.

Class Attendance Records

This is a vital record since it helps settle disagreements students or parents may have with their attendance. Many schools and associations have strict attendance requirements as part of belt promotion requirements, so when promotion time comes around, there are always some disagreements about attendance. Detailed attendance records make it easy to settle attendance disputes. They also allow instructors to track student attendance to see if students are attending regularly or if they have been absent for a period, so the instructors may check with them to find out why. Attendance records should be posted so students may check their status daily and question any discrepancy immediately.

Computer student tracking software makes attendance keeping simple. The software may store all student information, keep attendance, print contracts, print testing forms, and may furnish many other useful features.

Contracts and Training Agreements

Many instructors use a contract or training agreement to protect themselves legally and to insure a steady flow of income. There is usually a statement of health condition before training and some form of liability waiver stating that the instructor or the school will not be held responsible for any accidents or other injuries that may occur. Contracts and waivers should be written or reviewed by an attorney. When applying for business loans, written contracts help show the schools guaranteed revenue flow.

Contracts are a touchy subject with many students and instructors, both sometimes claim that such written agreements are needed to protect, while others claim that the martial arts have a tradition of only a verbal contract binding the student and instructor together. If the martial arts school is approached strictly as a business venture, then perhaps the former position makes sense, but at the same time, based on tradition, the latter may be appropriate.

Subsidiary Sales

One way to increase your income is to offer equipment for sale, such as tee shirts, uniforms, patches, videos, books, etc. You become a wholesale buyer, which means in most states that you must obtain a vendor's license. You must also have the funds to purchase the initial inventory.

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