Yoga Studio Business Plan Template
Yoga Studio Name:
Location:
Proposed Start Month:
Months until Break Even Point: Use Yoga Studio Financial Spreadsheet for this.
First Month of Profit:
Owner(s):
General Manager:
Trainer(s):
Financial Investment Needed: Use Yoga Studio Financial Spreadsheet for this.
Executive Summary
In all honesty, this section of a business plan really isn’t that necessary. It’s designed to be read by
investors and upper management. With a yoga studio, you’re most likely the lead investor AND the upper
management. That said, the executive summary is simply a reiteration of all the sections below. If you
choose to use an executive summary, just hit on the key takeaways from each of the below sections.
Business Description & Motivations
What to Put Here:
This is a section from your heart. Talk about why you want to open a yoga studio. Figure out the
underlying motivation that is making you pursue this career path. Use this section to paint the ideal
picture of your future yoga studio. What’s the end result of all your hard working going to look like?
When will you feel like you’ve succeeded?
Questions to Ask Yourself:
●
Why do you want to start a yoga studio?
○
Are you in it for the profit or the passion? There are many other business endeavors with
higher success rates than opening a yoga studio. If you’re not in it for your passion of
fitness and community, you might want to bow out of the race.
●
Where do you see the business in 1 year? What about in 5 years? Will you expand? Sell?