How would I go about opening a dance studio for children?

Question

What steps do I have to take? Where to start? Its been a dream to teach kids with down's syndrome how to dance. thanks

Answer 1

well first you find a building to turn into your studio then you register your business name and possibly incorporate the business,you will get a bank account for your studio, then you'll want to do some advertising.

best of luck to you!

Answer 2

Before you start purchasing things and building things - It may be in your best interest to create a business plan.  I am currently working on mine for my dance studio in my area.  Because without a business plan, and assistance from a lawyer, you'll find it hard to get a decent loan to pay for your mirrors, hardwood/marley floors, barres, etc.  

Thats the last thing I wanted to do, b/c I just wanted to teach dance, no deal with all the business aspects...however, you cannot have a successful business without some preparation....

- read some business plan books, and start one of your own

- speak with a lawyer (liability purposes, are you going to have employees working there etc)

- speak with a loan officer if you are needing to make huge decor/construction changes

- lease a building to start with, before purchasing.  rent is easier than mortgage and property taxes.

- check out other studios in the area to get an idea of classes & pricing

- continue with dance education yourself

- NETWORK!!  meet people who can "do things"

- and make sure you have a client base of students, a loan officer is going to need to know that he'll get his money back for the risk, and students help!

Hope this helps!