Thursday, September 18, 2008

Yoga Studio Update

I have been working slavishly for the past few months on a business plan for a Yoga Studio that Tanya and I want to start in the Baraboo area. Writing a business plan has been a lot of work and a lot of research, and, wow, does my head hurt. =) The hardest part of writing it is the financial projections. A lot of problem with this step is attempting to pull realistic numbers out of my but. I have not found a place where good statistics can be found for student attendance projections for Yoga Studio start-ups. On the plus side we have finally decided on a name for the studio. Yea!

We have found the perfect building, now it is just a matter of getting the financing for it. We are trying to find a way to raise a +/- $20,000 and then we can start our dream.

We may have to lease first and then take the time to either raise the money to purchase the building or show that our studio can be quite successful so that the banks do not have to worry about repayment.

If there is anyone out there that is interested in helping us or investing in a Yoga Studio let us know.

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