Art studio with classes, memberships and hire

Students and parents paying class fees, members using the space, and groups booking birthday parties or team events.

Class and term fees, monthly memberships, studio hire charges and party bookings. Fixed rent means you need regular bookings to cover costs.

• Teaching or running creative sessions
• Marketing and community building
• Bookings and basic bookkeeping
• Managing casual teachers

• Check zoning and permitted use with your local council before signing a lease
• Public liability insurance and contents cover for your supplies
• A Working with Children Check for you and any staff teaching kids, check your state's rules
• Workers compensation insurance once you hire staff, which varies by state
• Lease terms and rent commitments, get advice before signing
• Quiet periods such as school holidays can affect income

Startup costs are typically around $5,000 to $25,000, depending on the size and fit-out of the leased space, plus easels, tables, storage and supplies. These are estimates only. Get advice on lease terms before signing.

Monthly revenue is typically around $3,000 to $12,000, depending on class numbers, memberships and room hire bookings. These are estimates of revenue, not profit. Quiet periods such as school holidays can affect income.

Check zoning and permitted use with your local council before signing a lease. Check a Working with Children Check for you and any staff teaching kids, public liability and contents insurance, and workers compensation once you hire staff, which varies by state.