For the past 18 months, I have been the owner of small, rural yoga studio. My focus is alignment/vision....rather than packing as many instructors as possible
into the space. Class sizes range from 5-20. I inherited the current financial structure of the studio, which currently favors the instructors: Instructors pay
a minimal hourly rate ($23/hour) for space rental; and all instructors are on separate class cards, so they each take care of their own finances. I'm
blessed to have some talented senior instructors at my studio and, due to my locale, we can draw outstanding national instructors for workshops (or national
instructors, I do a 70/30 split for workshops). Class size has increased through my ownership, via promotions & marketing, renovations of space, etc. Now,
I want to make a financial shift that benefits the studio more fully, as well as the vision of the studio. I'm looking for great financial models for
smaller studios: 70/30 split universally? Getting everyone on the same class card? Charging a specific rate per class, then adding, say $2/person for class
sizes over 10? Can you chime in with your experience and recommendations? How much extra labor will it be for me to get everyone on one class card? Is it worth
that labor? What is fair compensation for both the studio and senior instructors? I'm interested in a fair and thriving model for all involved; as it
stands right now, my heart is weighing a bit heavy for my time--and the studio's value---is not being adequately compensated. Would appreciate your
insights!


