Wing chun school with its own training hall

Local adults, teenagers and families who want regular training, usually signing up for several months or more.

Monthly memberships, private lessons, grading fees, seminars, kids' classes and equipment sales. Fixed rent means you need enough steady members to cover costs.

• Advanced Wing Chun skill and teaching ability
• Running a business and managing cash flow
• Marketing and member retention
• Managing assistant instructors

• Commercial lease commitments, get legal advice before signing; landlords often ask for a deposit and rent in advance
• Planning permission or change of use, check with your local council
• Business rates, buildings and contents cover, public liability and employer's liability if you hire staff
• Safeguarding checks and policies if you teach children, check what applies
• Fixed costs continue if membership drops, keep a cash buffer

Startup costs are typically around £12,000 to £40,000, depending on the unit, fit-out and equipment. Landlords often ask for a deposit and rent in advance, and fixed costs continue if membership drops, so keep a cash buffer.

Get legal advice before signing a commercial lease, and check planning permission or change of use with your council. Also check business rates, buildings and contents cover, public liability, employer's liability if you hire staff, and safeguarding checks if you teach children.

Monthly revenue is typically around £1,500 to £7,000 as an estimate, depending on membership numbers and the classes you offer. Running a school can take at least around 20 hours a week, and marketing and member retention skills matter.