If you’re thinking about starting a yoga business, you should know there are essentially two ways to do that: you can go it alone and start from scratch, taking on all the responsibilities yourself, or you can partner with a franchisor like Honor Yoga. There are many important advantages to choosing the latter option, and here, we’ll look at a few of them.
Better Chances for Success
No matter what industry you decide to work in, most new businesses across America are vulnerable to failure. In fact, about 20% of all start-ups in the U.S. close after the first two years of operation. The good news is, partnering with Honor Yoga to open a yoga studio franchise increases your chances for success because you’ll be able to rely on our time-tested business model; it takes a lot of the trial and error out of running your studio, allowing you to focus on growth. Furthermore, our franchise team has years of experience in the yoga industry, and we make sure to take that deep knowledge and pass it on to each and every one of our yogipreneurs!
You Can Count on Our Support
Starting a business from scratch often requires you to have prior experience in the industry you’re operating in, and you might think that opening a yoga studio franchise is no different. Not when you partner with Honor Yoga! No matter what kind of professional experience you may have, you can count on our training and support to help ease your way into business ownership and keep your yoga studio on track toward success. Some of our comprehensive support includes:
- Initial training: 40 hours of comprehensive initial classroom training at our beautiful headquarters in Pennington, New Jersey, where we go over everything you’ll need to know about the day-to-day operations of your studio.
- Marketing efforts: Our robust digital marketing strategies, engaging social media presence, and your very own website portal mean you’ll always be in front of your very best customer.
- Ongoing consultation: We’re here for you for as long as you’re part of the Honor Yoga family to advise you on topics like sales techniques, personnel development, operational and advertising matters, and more.
These are resources that are simply not available to you when starting a yoga business from scratch!
Doing Business as Part of an Established Brand
The Honor Yoga name is synonymous with quality and expertise, and opening a yoga studio franchise as part of our brand family means you’ll immediately benefit from our respected reputation. It often takes years for business owners operating by themselves to establish credibility and trust. This aspect is something you’ll have to worry far less about as an Honor Yoga yogipreneur because we’ve already done that for you! What that can mean is more freedom to focus on what matters most — providing more and more members of your community with the opportunity to grow through the practice of yoga.
Partnering with Honor Yoga to start a yoga business comes with all kinds of perks! To find out more, reach out today.