Kids and teen drama classes in rented space

Parents paying term fees for children, usually in age groups such as 6 to 9 and 10 to 14.

Tuition per student for each 8 to 12 week term, plus optional fees for showcases, costumes or summer camps.

• Acting or theater teaching experience
• Confident with groups of children
• Organized and good at talking with parents

• General liability insurance, and many venues will ask for proof before you book
• Background checks and child safety policies, check what your state and your venue require
• Business license and sales tax rules for education services vary by city and state, so check locally
• Rights and licensing fees if you stage published plays or musicals

Startup costs are typically estimated at around $500 to $3,000, depending on venue deposits, insurance, props and costumes, and marketing. Renting a community room, church hall or dance studio can keep costs down.

Monthly revenue is typically estimated at around $500 to $4,000, depending on class size, the number of age groups you run and your term fees. The estimate assumes at least about 6 hours of work a week.

Check general liability insurance, since many venues ask for proof before booking. Check what your state and venue require for background checks and child safety policies, and local business license and sales tax rules. Published plays may need rights and licensing fees.