1 on 1 Yoga Franchise | Section 02 – Young Yogis

Yoga is a 27 billion dollar a year business – Somebody is making an awful amount of money – And it’s not the teachers.

Let's have a heart-to-heart conversation.

You have to feel for the young Yogi who has completed their Teacher Training and has decided to pursue their passion to open their own Yoga studio.

The obstacles to success are numerous.

Business is about financial projections, strategic planning, marketing, sales, budgeting, demographics, facility build-out, contractors, employees, bookkeeping, and so much more.

With no sales or business training and with their RYT200 certificate in hand, the new Yogi is off to find their studio location. Their first mistake will probably be not having a clear business plan and the choosing of a site based on emotion and not logic.

“This place looks great. If we build it, they will come”. Really?

Was this decision based upon a demographic study? What’s the per capita income of the area? What’s the population density? What’s the population count of 18-55 year olds within a 3 to 5-mile radius? What about traffic flow, sign ordinances, licensing and parking? How safe is the area after dark?

Choosing the right location is a lot of work even for a pro.