Yogi

OPEN MY OWN YOGA STUDIO?

I want to open my own yoga studio. Can someone please tell me how big of a loan that I take if I rent space? any other advice will be greatly appreciated! The study found in Boston

That sounds like a great deal. Start by deciding how big of a study that the leasing plan. Let's say you may want a space of 1,000 square meters and its budget is roughly about $ 1500.00 per month. The lease rate will depend on where the study and what type of property that is commercial. Now you have to calculate their additional overhead on top your monthly rent (phone, internet, security, electricity, water, employees, etc.) and to determine the monthly cost to operate the business and the annual cost too. Depending management of the property, you can rent space on a monthly basis or sign a yearly contract or a contract for several years. Sometimes, the longer the contract lease of the incentives you can get from the owner. Maybe you get two months free before you start paying the rent or reduce the rate of price per square meter. Hope this helps

Fitness with PJ – Open Space Yoga PART 1