indigojill - 2007-01-28 4:30 PM
I just re-read your post and I really appreciate all the info here!

My situation is unique in so many ways - 1) I am in a semi-rural area in the Florida panhandle that has a year round popluation of only around 7800 but that draws a few million during the on-season 2)there are only about 5 certified instructors within 25 miles 3)commerical rents in the area are at around $25-$26/sq.ft. MINIMUM (I'm in Coastal Florida where the real estate prices are insane!) which obviously I wasn't able to afford so I negotiated something with a family member who owns a commercial building in a PRIME location but the first space is tiny (I market it as a "boutique" studio and will expand as demand grows) so I'm limited in class sizes at the moment to only 10 students.

The good news is that we have a loyal following already after only being open 2 months and the 5 classes we have all pull in around an average of 5 or so students. The bad news is that there are so many variables against me right now that I'm struggling to find a way to keep the bills paid, door open and still have enough at some point to convert another space in this building to an additional 800 sq.ft. studio

Purnayoga, do you know of any groups out there of yoga business owners where people share info between one another? I would be willing to start one if not!

Any info on what works for you or anyone else reading this would be GREAT!

Light and Peace.

joscmt - 2007-01-30 1:28 PM



That last sentence is, what I think, opened up the discussion. There are commonalities in running any business.... there are certain elements that are the same anywhere- customer service, cash flow, etc... but, whatever. I'm out. I was just trying to be helpful. You obviously know what you need to know to run your business- which is why, I guess, you posted here in the first place.

Fifi and yogabrian- thanks !