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Always estimate expenses a little on the high side if you want to avoid unpleasant surprises. The sum of your expenses is the minimum amount of money you will need to take in each month. It is your “break-even point.”

Number of Students Needed to Break Even

Another way to keep track of your break-even point is to think of it in terms of how many students you need to pay the bills. That number, of course, depends on how much you expect each student to spend. Besides tuition, several other expenses come into play in this calculation. How many seminars or tournaments will each student be participating in? After expenses, what could you expect to earn per student on these events? Will you have a formal ranking or certification program? If so will you charge for each promotion? How much do you expect to earn from promotion fees? Do you plan to have a retail area? If so, how much can you expect each student to spend on uniforms and gear each year? How much of that income can you keep as profit?