I need help with how to charge or price for use of my studio space. I am in a very, very small community and have secured a personal trainer and another teacher that does pilates. My question is how do I charge them for use of my space? What have you seen out there... just charge by the hour? Charge by a percent of what they are making for each class? I would think by the hour would be easiest to manage - could discount if I did a charge per month maybe. Charge by percent of the class would be harder to manage I would think, but if that is the standard? Any input would be appreciated.
Nov 6, 2018
Does your Yoga Studio offer a free trial class so students can get a taste of who you are and what you provide? Offering a Free trial class is something that is highly debatable within the Yoga industry, in our experience of going around the world and researching hundreds of Yoga Studios its a 50/50 split, why? The main reason for most is obviously commercial and they believe in giving something free isn't commercially viable! However we have listed some of the reasons Studios and Teachers are giving for NOT offering Free trial classes, they might surprise you:- Its Egoistic to offer free classes. Cannot afford to offer free classes. We need to make money! Don´t have space. Its not ethical as Yoga is a business. Students should pay to join my classes. Its not fair for paying students! I didn't get any free classes! And now some reasons for offering Free classes:- Its ethical. Yoga is something special about giving something back. Its a kind gesture. Nice to give one free class to try, if you like stay and try more, if you don´t try somewhere else. Kind and generous. Shows you really care about what you teach and not preach. Giving a free trial class makes business sense. In summary we strongly believe offering a free yoga trial class shows a potential student that you are open and welcoming for them to see who you are and what you offer. If the student enjoys their time, then you have another happy student joining your community, if they didn't connect then recommend other Yoga studios and be kind. Let us know your opinion and share your valuable Yoga experience. #fsya #yoga