Free calculator for yoga studio owners

How much can a yoga studio owner pay themselves?

Many studio owners teach a full schedule. Your teaching pay and your owner profit are separate. Pack sales can make cash look bigger than profit.

Average monthly profit, before you pay yourself$ Cash in the business bank today$ Payroll per run, all-in$ Fixed bills per month$ Big payments due in the next 3 months (tax, equipment, loan balloon)$

Steady monthly pay

80% of average profit

Extra draw you could take now

cash above what the business must keep

Cash the business must keep

2 payrolls + 1 month of bills + big payments

The starting numbers are an example for a yoga studio. Replace them with yours.

Three rules for paying yourself from a yoga studio

Pay yourself a teacher's rate for the classes you teach.
Leave classes owed on packs out of any draw.
Personal taxes come out of what you take. Ask your accountant how much to set aside.

What changes the answer for a yoga studio

A promotion month can look like your best month. Much of that cash pays for classes still to be taught. Set pay from profit on classes taken.

The worked example

In the example, the business keeps $24,000. That covers $12,000 for two payrolls, $9,000 of monthly bills and $3,000 due soon. Steady pay comes to $2,800 a month. Anything above $24,000 in the bank is spare.

A common question

Are class packs revenue when sold?

They are cash when sold and revenue as students take the classes. Track classes owed so promotion cash is not spent twice.

Know what is safe to take, every week

One Page CFO shows the cash above your safe line every Monday, from your QuickBooks, checked by a CFO.

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