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Full time school
Hi there, I am planning to start a full time martial arts school but have encountered a very simple problem "MONEY"
The income from lessons and sales of equipment is not going to generate enough profit to run it as a business as the community is not big enough to support such a school.
Are there any ways anyone can suggest that I can supplement my income from the school. The rent is £12500 plus VAT plus Business rates.
Then there's the cost of mats equipment etc. My one and a half hour class which I teach at the community centre makes £90 minus rent (£13.50) I wish I could just multiply thuis by 7 days to guess my income but this doesnt work like that.
I know that full time schools exist but how do they stay above water never mind make a profit???
Also, is anyone aware of any grants that are available for sports clubs?
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