Michelle and Pleasance talk about operating a yoga studio, and specifically transitioning from a teacher to studio owner. Pleasance shares her entire journey with us, from the start of her career as a yoga teacher, to building a successful studio and even why she eventually closed her studio. This is a great episode for anyone who is on the path to studio ownership, as well as anyone who managers or helps run a studio.

IN THIS EPISODE YOU’LL LEARN:

* Common business models and alternatives to opening a brick & mortar studio

* The rewards and challenges of owning a yoga studio

* The stages of Pleasance’s career and how each stage set her up for opening a studio

* Building a studio from scratch vs. buying an existing studio

* Tips for creating a scedule you are confident in

* Creating studio values that uplift and support your teachers

* Choosing a business entity for your studio

* Hiring teachers as employees or independent contractors

LINKS MENTIONED IN THIS EPISODE:

* Pleasance and lil omm: www.lilomm.com

* Gary Kissiah: Light On Law for Yoga Studios (books)

* IRS 20 Question Test Independent Contractor vs. Employee