Itís no surprise that the majority of small businesses in America fail within the first five years. For martial arts schools, the rate is probably even higher. Yet, next to struggling schools there are fantastic operations that train hundreds or even thousands of students. A well run school can provide the latest and most advanced training, a legitimate career path for black belts and employees, and build lasting wealth for the owner.
Running a successful school is not selling out. Selling out is making decisions that benefit the wallet at the expense of martial arts quality. A successful school gives more opportunities, more equipment, and more training partners.
*Tax, legal, and accounting issues and systems
*Demographics, location, dojang design, initial setup, etc.
*Marketing the school and gaining new students
*How to hire employees and contractors.
*How to run tournaments and events.