People personally and professionally shy away from drafting a budget.  Whatever your emotional connection is to budgets, creating a sound financial foundation will turn your dreams into reality.

Importance of a Budget

Drafting a budget is an Ah-Hah moment for many clients.  Understanding projected sales, expenses and potential profit allows you to steer your own ship.  Taking the time to assemble this, similar to any yoga pose, brings stability to your business.

A budget helps you understand this simple math equation:

Sales – Total Expenses = Profit

Below are some questions to ask yourself when creating a budget.

Projected Sales

  • Program Price
  • Number of Students

Projected Expenses

  • Governing Bodies
  • Design & Development
  • Site
  • Equipment
  • Technology
  • Marketing
  • Staffing
  • Books, supporting materials & manuals

Need help? Learn how we can support you on your journey.