Believe it or not, 40 dollars is spent by average yogi on a single yoga class. Roughly that amounts to over 63,000 dollars throughout their lifetime. This shows that the market for yoga offers remarkable opportunity to penetrate among entrepreneurs.
Approximately, 1 out of 3 American attended and tried yoga classes annually. Even more, the number of people aged 50 and up who are practicing yoga had increased. Despite the fact that yoga is quite a competitive market, it also offers the chance of creating a community as well as brand from scratch.
Why Start Up a Yoga Class?
With all things said, you might come up with an idea of starting your own yoga business? If you are looking for reasons why you should push through, here are some. First and foremost, it fuels your passion for yoga. But above everything else, if you are an instructor yourself, you can serve interested individuals as their instructor and get paid by the hour.
Before Opening Your Studio
Just before opening a yoga studio, it is imperative to do in-depth research, especially on the common mistakes previous instructors and owners made. You got to learn from their experience and use it to your advantage.