Ballet school with your own studio

Parents of children and teens, and adult students attending classes or exam preparation.

Termly fees across many classes, plus income from exam entries, uniforms, concert tickets and school holiday workshops. Hiring out the studio in quiet hours can add income.

• Advanced ballet teaching skills and syllabus knowledge
• Managing staff, rosters and parent communication
• Budgeting, marketing and running a lease

• Council approval or change of use for the premises, and building and fire safety requirements, check with your local council
• Commercial lease terms and personal guarantees, get advice before signing
• Public liability insurance, and workers compensation insurance once you hire staff
• Working with Children Check for you and any staff, check your state's rules
• Sprung flooring and safe studio design to reduce injury risk
• Music licensing for classes and concerts, check with the relevant licensing bodies
• Fixed costs are high, so numbers need to build before you can rely on it as your main income

Startup costs are typically around $15,000 to $60,000, depending on studio size, lease terms, fit-out and flooring. These are estimates only, so get quotes for your own premises before committing to anything.

Monthly revenue is typically around $4,000 to $18,000, depending on student numbers, your timetable and how many teachers you add. Fixed costs are high, so numbers need to build before you rely on it as your main income.

Check council approval or change of use, and building and fire safety requirements, with your local council. Also check commercial lease terms, insurance, Working with Children Checks in your state, sprung flooring and music licensing.