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Add each of these additional sources of income to your yearly tuition to get your annual per student income. Then subtract any per-student expenses you might have. For example, you may get $200 per student in testing and promotion fees each year, but spend $50 of that on certificates, registration with the state or national organization, or emblems-of-rank belts, patches, or a plaque on your school wall. Subtract these annual per-student expenses from your annual income. Then divide the remainder by twelve to get your monthly per-student income.

To calculate the number of students you will need to break even, divide your total monthly expenses (your break-even point) by your monthly per-student income. For example, let’s say you need $3,000 each month to break even. Your monthly per-student income is $100. You need thirty students just to break even. Those first thirty students pay the bills. Every student beyond thirty (your break-even number) adds to your profit.

If you eventually also want to make a salary for yourself, you’ll need to figure that into your calculations, as well. Divide the monthly salary you would like to be making by your monthly per-student income, and that will tell you how many more students you will need to pay yourself. Add the two numbers to get your target enrollment number.