There was a time when the use of the words, “Yoga” and “business,” in the same sentence, would have been considered “shameful.” However, when you have a Yoga studio, pay for a lease, advertising, insurance, utilities, and more – you know this is serious business. Whether you own a Yoga studio, or are an independent contractor, your money is “on the line,” and possibly your life savings.
Many Yoga teachers, and directors, often ask me the following questions: What is my most effective way to advertise? Who should handle the marketing? What can I do about student retention? Why does a Yoga teacher need a sales letter or business plan?
As the popularity of Yoga grows, more Yoga teachers are looking for professional advice to “stream line,” market effectively, and make their Yoga businesses “recession proof.” For some Yoga teachers, Yoga has evolved from a sideline hobby to a fulltime Yoga business. Yoga students will not be happy to train and learn with you “in a closet.”
As a Yoga teacher, your economic survival is at stake. With a fulltime business, of any kind, a surprising amount of overhead will follow. When you own a Yoga studio, you have to “wear many hats.” If you are already an established Yoga teacher, you went into teaching Yoga to share the gift and practice your own solo routine more often.
Many of the most successful Yoga studios, ashrams, and wellness centers, get “insider” business and marketing advice. The surprising fact is that Yoga business coaching doesn’t have to cost as much as you think. Yoga business coaching can be handled on a “per session” basis. Many Yoga businesses save, and learn, far more than the session costs.
If this is not the case, it is time to find a different Yoga business coach or consulting service. The objective of Yoga business coaching is to help the Yoga business owner become self sufficient. Therefore, consulting is not for dependence, but to teach the typical Yoga studio owner how to fill the gaps and address priorities within a particular Yoga business.
What type of Yoga studio should seek business advice? Most Yoga businesses, of any size, can use help with a particular issue. Established Yoga studios, and Yoga teachers, usually know where they need help, but still need practical solutions. Also, established Yoga studio owners may want to “recession proof” their business or increase their market share right now.
Is this type of service geared toward new Yoga studios, as well? After years of Yoga training, and thousands of dollars, many new Yoga teachers need to recover the money they have invested in their new career as soon as possible. Yoga business consulting services will help any new Yoga studio get to the next level and put the learning curve behind.
Are Yoga business consulting and technical support services given by phone or Email? Actually, I use a combination of both methods. After a Yoga business coaching session by phone, there is a “homework assignment” for my client. Sometimes, this assignment will save my client thousands of dollars or create unforeseen revenue streams.
Sales letters, marketing campaigns, and website development can be handled by your Yoga business coach, but it is far less expensive if you learn how to take control of your own marketing campaign. Again, the objective is to have a client who becomes totally self sufficient.
However, complete marketing campaigns for Yoga studios are never refused by any responsible business coach. In any economy, coaching programs for marketing and business will save you thousands of dollars, and teach you skills that will last you a lifetime. At this point, it will be much easier for you to help your own Yoga students and clients.