Kung fu school with its own training hall

Families with children, teenagers and adults who want regular training in one place, often for years.

Monthly membership fees, grading fees, uniform and equipment sales, and sometimes holiday clubs, seminars or private lessons.

• Advanced kung fu skill and teaching ability
• Running a timetable and managing members
• Marketing to local families
• Managing money and a lease

• Change of use or planning permission may be needed for a unit, check with your council
• Business rates, lease terms and deposit, get advice before signing
• Public liability insurance and employer's liability insurance if you hire instructors
• DBS checks, safeguarding policy and first aid cover
• Fixed rent costs mean a quiet few months can hurt, keep a cash buffer

Startup costs are typically around £5,000 to £25,000, depending on the unit, deposit, mats, mirrors and equipment. These are estimates, so get advice on lease terms before signing anything.

Monthly revenue is typically estimated at around £2,000 to £8,000, depending on member numbers, class fees and grading events. Fixed rent means a quiet few months can hurt, so keep a cash buffer.

Check with your council whether change of use or planning permission is needed, and look into business rates and lease terms. Also check public liability and employer's liability insurance, DBS checks, a safeguarding policy and first aid cover.