Question Home

Position:Home>Dancing> Can I make a dance studio like this work? And have I thought of everything? Why


Question: Can I make a dance studio like this work!? And have I thought of everything!? Why can't I decide what to do!?
I have an opportunity to take over the dance school my neighbor's run out of her basement for the last 10 yrs as she is retiring this year!. She is a very outgoing, popular, involved person, where I am more of an introvert, don't attend the prevailing religion's churches in the area, etc!. So she gets a lot of neighborhood support that I am not sure I could count on!.

However, I can duplicate her studio in my own basement (with a little work & $), I have 20+ yrs exp!. in tap, ballet, & jazz, (I taught for several years myself approx!. 20 years ago but not my own school)!. I am not interested in anything highly competitive/rigorous - just a "starter" school where I can teach small kids' combo classes, one night/week for around $20/month, & have a spring recital!. I like to dance, it would be good exercise & a creative outlet, plus a little bit of $$ coming in!.

Am I missing anything I should consider!? Why am I so nervous about commiting to do this!? Help!!Www@QuestionHome@Com


Best Answer - Chosen by Asker:
You can definately do this, a lot fo studios where I live started the same way!.Most of them did eventually expand and need to buy outside buildings, but by that time, that may be your goal! And I think neighborhood moms will like having somewhere productive and economical to send their kids to learn a new skill!. also, the students of your neighbor will be happy that soemone capable can continue teaching their kids in a similar setting!.Www@QuestionHome@Com

You need to make sure you have a business license and permission to run a business in a residential area!. There are a lot of complicated tax laws that are involved in being self-employed as well!. Talk to an accountant, or better, a tax lawyer, about what all this entails!.Www@QuestionHome@Com

Wish my 3 year old's classes were only $20 a month!. Where are you located!.!.!.lol!. We are paying $130 a month for 1 hour per week!.Www@QuestionHome@Com