Free calculator for yoga studio owners
Can you afford to hire a new teacher?
A new teacher lets you add classes. Pay is per class from the first one. Revenue follows as the new time slots fill.
Lowest cash, next 12 months
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Cost before they pay off
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wages paid before new revenue starts
Paid back by
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month the hire covers its own cost
| Month | Without the hire | With the hire |
|---|
The starting numbers are an example for a yoga studio. Replace them with yours.
The worked example
Here a new teacher costs $1,600 a month and starts bringing in $2,600 a month after 2 months. The business pays $3,200 before the hire covers a dollar of it.
How to make the hire safer in a yoga studio
- Add classes in time slots that already have a waitlist.
- Pay per class, and review classes that stay small after six weeks.
- Start new classes at the start of a month, when members plan their week.
See every hire in your forecast
One Page CFO adds the hire to your 13-week forecast and shows the tightest week before you commit.