u/strohsoda

I started holding my own classes due to requests from peopel at the studio. At the time (january 25) I was newly certified and didn't know my worth, so I did not set high prices.

Now a lot of new studios are opening up and prices for their group sessions are more expensive or close to the price I have for semi-privates. I now also have few more cetificates behind, I regulary take mentor classes and have full schedule from referals.

I will expand to a little bit bigger studio soon, when I find the right space, I need to increase the pricing, maybe € by € monthly, but I cannot work on sale anymore.

How do I tell this to people? Please be nice and understanding.

I started holding my own classes due to requests from peopel at the studio. At the time (january 25) I was newly certified and didn't know my worth, so I did not set high prices.

Now a lot of new studios are opening up and prices for their group sessions are now more expensive or close to the price I have for semi-privates. I now also have few more cetificates behind, I regulary take mentor classes and have full schedule from referals.

I will expand to a little bit bigger studio soon, when I find the right space, I need to increase the pricing, maybe € by € monthly, but I cannot work on sale anymore.

How do I tell this to people? Please be nice and understanding.

I am asking here, because I get discouraged in pilates communities due to the loan I want to take. Please read everything.

I am 24, I’ve been teaching full time for 2 years, and currently I operate small 2 reformer studio by referral only clients. Since I was 15 I worked and builded up family business which grew from 2 to 20 employees, so I have some experience on how business is operating. This business can also back me financialy if needed.

I’d like to expand in bigger space with additional 2 reformers at first.
As rent prices are unreasonably high (1,5k–2,5k monthly), I would like to buy a space for a studio, as investment property or to increase my buying power in the future.
To be able to do that, I’d need 100k loan, (which is around 1850€ if I take it on 5 years or 985€ on 10 years monthly). In all financial plans I did, I planned to be paying off 2k monthly. In those plans total revenue of the studio (before tax) for first few months is 4k and then 6-8k monthly. I calculated everything based on prices and 70% revenue of the studio which opened up last year and kicked off fast without any real marketing.

After 5 years I can either sell the space and buy something better, rent it out, or simply use it myself with less expenses.

What do you think? Will I tie the capital with loan?

I'd like to open my own studio, I've been teaching full time for 2 years, prior that I was in pilates for about 5 years after getting injured in gymnastics in teens. I've done multiple workshops, mostly abroad, I am stott certified, I will full certify next year. I currently run by referal only small studio with regular clients.

I stress so much the bigger studio will not run, I've done multiple financial calculations. I stress with pricing, with rent, with attracting new clients and social media. I know social media now is a priority but I hate myself on camera. I don't have a partner or supportive family who would push me forward or cheer for me.

Do you have any advices? How do I get myself into mindset of someone who did one reformer training, has zero experience and has a confidence to open a studio?

I'd like to open my own studio, I've been teaching full time for 2 years, prior that I was in pilates for about 5 years after getting injured in gymnastics in teens. I've done multiple workshops, mostly abroad, I am stott certified, I will full certify next year. I currently run by referal only small studio with regular clients.

I stress so much the bigger studio will not run, I've done multiple financial calculations. I stress with pricing, with rent, with attracting new clients and social media. I know social media now is a priority but I hate myself on camera. I don't have a partner or supportive family who would push me forward or cheer for me.

Do you have any advices? How do I get myself into mindset of someone who did one reformer training, has zero experience and has a confidence to open a studio?

There is a lot of marketing going on, people are dirty and we will get pinworms and this is why they shoud be worn.

Meanwhile I was in Brazil for vacation, I visited 5 different studios there and they were all barefoot, and you only see people from the upper class in the studios there

I have two light beige merrithew reformers, I would like to buy two more, but I am heaitant about the color, I was thinking of ordering new ones in taupe, so light brown, and then as well refournished the beige ones

Na 24ur piše policijska operacija, tam pa bolj zgleda kot da bi en hotu dol iz mosta skočt

I always wanted to have my own studio, at this point I mostly only hold privates, semi privates on reformer, they are all by referal. When I still worked at the studios my classes were usually full, with a lot of regulars. I've been teaching full time for 2 years and thinking of bigger studio for longer. I am almost fully stott certified (I need to take barrels and ACCB course) and I also invest plenty into different workshops.
Then I am mad at myself for investing so much into my education to be holding classes at one small room with limited capacity where I basically cannot add equipment, not making that much money and then there are instructors who did one certificate and opened a studio half a year later and their business is thriving now. My clients and friends and family are super encouraging for me to open a bigger place but we live in a rather small town, I don't think a small town can hold another studio and I don't know how I will put myself out there on social media to attract new clients. I know studio like I want is a huge investment and risk. I'd really like to have 4 reformers with towers, 4 chairs and mat & barre classes, if I'd be lucky enough I'd find someone to hold ballet class for adults once a week.... I come from business owner family, and I worked in it untill recently so I know the advantages and disadvantages of it.