Flamenco school with its own studio

Regular students of all ages, parents of children and teens, workshop attendees, and other teachers or groups hiring the space.

Term fees, memberships and casual class fees, plus workshops, showcase tickets, performance bookings and studio hire.

• Experienced flamenco teaching and performing
• Running a small business and managing rent and cash flow
• Managing and supporting other teachers
• Local marketing and building a community

• Lease terms, rent reviews, the bond or security deposit (often several months' rent) and fit-out costs, consider getting advice before signing
• Council approval for the premises' use, plus fire safety and occupancy rules, check with your local council
• Public liability insurance, and workers compensation once you hire staff (check your state scheme)
• Working With Children Checks for you and any teachers working with under-18s, check your state requirements
• Music licensing for the studio, check with APRA AMCOS about what you need
• Registering for an ABN, and GST once turnover reaches the threshold

Startup costs are typically around $25,000 to $90,000, depending on the lease, the bond or security deposit, fit-out costs and how much you spend on marketing. Get advice on lease terms before signing, as these are estimates only.

Monthly revenue is typically around $3,000 to $15,000, depending on class numbers, pricing, workshops, performances and space hire. These are estimates only, and you will need to weigh them against rent and any teacher costs.

Things to check include council approval for the premises' use, fire safety and occupancy rules, public liability insurance, workers compensation once you hire staff, Working With Children Checks, APRA AMCOS music licensing, and ABN and GST registration.