What Should You Charge?

Here’s your starting point;‐

What are your goals?

How much do you want to earn?

How much is all your training and knowledge worth?

Imagine if I had a machine that had the power to take away everything you have learned and gained through the martial arts!

How much would you want for this 10,000, 100,000 a 1,000,000.

It’s hard to put a value of what we have learnt, it’s priceless!

So let’s begin!

Let’s say you wanted to earn a gross income of 10,000 per month.

150 students paying 50 per month would be 7,500 add joining fees, testing fees,retail sales and special events would take you to 10,000 easily.

Would that meet your needs If not then do you need to charge more, enrol more people or increase retail sales or all 3.

Here are some considerations when deciding what to charge the biggest school in most areas is the school that charges the most!

Key Points:

• Become an educator and role model
• What are your unique selling points
• Raise your level of service
• Check out the competition (what they charge, how professional they are)
• Work on your education daily
• Focus less on what you charge and more on improving your school
• Have confidence in what you offer

If you are just starting out and are a little uncomfortable regarding your pricing, start a little lower then when you have 15‐20 people increase your prices to new people and then do the same at say 30‐40, you will soon start to see your confidence grow.

School Owners Success Club

Learn the foundations of Lee’s strategies.  Exact steps and specific directions to help you be more successful with your martial arts school – you’d don’t have to have capital or be a great martial artist to succeed.

Learn more

 

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By | 2011-11-25T10:25:59+00:00 |Starting A Martial Arts School|0 Comments