Hotline: 1800 102 2007
Hotline: 1800 102 2007
Search Business Opportunities
Yoga Business 2019-01-19

Things To Consider Before Starting A Yoga Studio

The ever growing health and wellness industry have created a huge opportunity for segments like a yoga studio for achieving big along with their attractive and beneficiary services.

By Features Writer
Things To Consider Before Starting A Yoga Studio

Yoga is an ancient practice that has been present in India’s culture from a long time.  The modern-day wellness business owners are now utilizing yoga as their prime business component, focusing on the physical, mental, and spiritual wellness of the new age customers.

According to reports, the overall wellness market in India is estimated at INR 490 billion. Over the next three years, the Indian wellness industry is estimated to grow at a CAGR of 20% to reach INR 875 billion. This growth is expected to generate numerous business opportunities for investors, allowing them to invest in a yoga studio business.

Since a yoga studio business is in its minimal stage, this could be a lucrative business opportunity for aspiring yoga business owners.

Below are the following steps you need to follow to start your own yoga studio.

Treat your yoga studio as a business

One of the common mistakes that usually yoga business owners do is that they don’t treat their yoga studio as a business. Most of the owners start their business due to their passion and interest in yoga, spreading knowledge and spiritual pursuits with others.

They usually open the yoga studio to accomplish this, forgetting that passion will not pay the bills.

Market your yoga studio

The famous adage “If you build it, they will come” usually fool the modern day business owners into believing that establishing a yoga studio business will result in people showing up for classes.

Yoga belongs to a very saturated market with venture coming up very often. In fact, the number suggests that India witnessed a growth of 30 percent over the last four years in the number of people participating in yoga activities.

Therefore, it’s mandatory to market your yoga studio business for ensuring success. Thanks to the internet, spreading the word has become much easier than ever before.

Brand identity is crucial

Brand identity usually comprises of the visible elements of a brand that attracts the customers for creating a brand’s reputation. Good brand identity will help you target your customers while associating them with your business.

In order to create a good quality brand identity, combination of your business name is required along with other elements such as location, logo colors, and quality of the services being provided. Also, as a business owner, you have to become the face of your running yoga studio business, especially in the beginning.

Comment
image
image
image
Related opportunities
  • Quick Service Restaurants
    About Us: Established in August 2015, Hashtag Foods is a headed..
    Locations looking for expansion New Delhi
    Establishment year 2015
    Franchising Launch Date 2019
    Investment size Rs. 10lac - 20lac
    Space required 250
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi New Delhi
  • Opticians/Eye Wear
    About Us: Naytr is an eyewear brand offering a complete range..
    Locations looking for expansion Delhi
    Establishment year 1998
    Franchising Launch Date 2018
    Investment size Rs. 20lac - 30lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Imitation/Art/Junk Jewellery
    About Us: Since1998, Mukesh Lakhara has had one aim – to..
    Locations looking for expansion Maharashtra
    Establishment year 2000
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 150
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai Maharashtra
  • Kids Entertainment Zones
    About Us: Launched in 2012, SMAAASH is one of India's acclaimed..
    Locations looking for expansion Delhi
    Establishment year 2012
    Franchising Launch Date 2011
    Investment size Rs. 2 Cr. - 5 Cr
    Space required 5000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater new Delhi Delhi
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities
More Stories

Free Advice - Ask Our Experts