Читать книгу Starting and Running Your Own Martial Arts School онлайн

54 страница из 75

Third, it provides focus anytime you need to express your goals to a professional such as an attorney or accountant. You must know where your business is going before you can get effective help in getting it there.

Fourth, it allows you to see before you start spending money whether your business ideas are likely to succeed. It’s easy to dream great dreams. It’s harder to finance those dreams. Do you know how much money it will take to keep your dream school afloat? Do you know how many students you will need to support it? Do you know where your students will come from? Do you know how you will be advertising to them? If you make specific plans and run the numbers before you start spending money, you can decide whether your dream is likely to become a reality. Furthermore, in spending time with your business plan, you’ll see if you have the skills and temperament you’ll need to run your business well. Did you hate putting together financial projections and marketing plans? Did you find yourself procrastinating when it came time to put together cash flow projections and balance sheets? Then maybe you want to be a martial arts teacher, not a martial arts business owner.