Question 011: Opening a school - REPLY

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 It is good to get back into training again since being a good martial artist is always a good trait for an instructor. However, being a good teacher is a more important trait. Are you able to get students to do their best while they are having fun doing it? Do you enjoy teaching enough to do it hour after hour, six days a week, for months and possibly years until you develop students with enough experience to start assisting you in the teaching duties?

Will you run the school in addition to making a living at another job, or will the school’s earnings be your only means of paying the bills?

It will take a relatively small investment to start a school but it will take a few months to show a profit. If you teach full-time, be prepared to live like a pauper for a few months.

Since advertising is expensive, thousands just for a Yellow page ad, referrals and walk-ins will be your primary source of students. This means that school location is more important than the facility itself. You can have a successful school in bare room if the location is good.
Do a lot of research and planning before making the decision.