Posts Tagged ‘Checkbooks’
Want to know how to make sure your martial art school fails miserably?
If you ever wanted to know how to tank a martial arts school, here’s a list of the top ten ways to fail in your martial arts business…
The Top Ten Ways To Tank Your Martial Arts School
- Start Your School By The Seat Of Your Pants – Business plans? Business mentors? Business education? Who needs ‘em? Just wing it and you’ll be sure to end your career as a professional martial arts instructor before it even begins.
- Put Pride And Ego Before Profits - If you want to fail big and fail fast, let your ego make all your business decisions instead of your common sense. This will lead you to rent a facility before you have any students, and you’ll also be likely to rent a lot more space than you really need. Sure, you’ll have the biggest nicest facility in town, but you’ll likely only have bragging rights until the first month’s rent is due…
If You Schedule It Without Promoting It, They Probably Won’t Come
Most intelligent and thinking school owners know that the more services they offer their clients, the more opportunities it creates to increase their school’s income.
Think about it… your students are going to spend money on “extras” each month, anyway. They may as well be spending that money at your school.
The thing is, it can be quite frustrating to plan, schedule, and host a special event, only to have a poor turnout. And, it’s even worse when you lose money. However, there’s a simple way to make certain every special event you host makes a profit… Read the rest of this entry »
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