Why Yoga is a Good Revenue Stream for a Martial Arts Studio

[allen fergus]

It's that time of year again. The martial arts trade magazines have
told you to turn your martial arts center into a child day care,
summer camp, or a three ring circus. Parents of your young students
asked how many field trips their kids were going on, and you found out
you were competing with the Boys and Girls club for "rock bottom day
care pricing."
Where are you going to get the transportation? Should you get a bus or
van? What if there is an auto accident? How many of those demanding
parents are just waiting to sue you? How can a martial arts studio
compete, on price, with a non-profit organization, which gets
government grants?
Maybe your state has very strict day care laws and you don't want to
be caught in the middle between demanding parents and state agencies.
Will your town zone you differently and classify you as a child day
care center?
Maybe you have a summer camp right now, and have vowed never to do it
again. Which parents are late in paying their tuition? What is your
third party billing agency doing about it?...

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