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Business Discussions | 28 April, 2024

Yoga Studio Business Plan

In the serene world of yoga, where mindfulness meets physical wellness, lies a promising opportunity for entrepreneurs: opening a yoga studio. However, like any small business venture, success in the yoga industry requires careful planning and strategic execution. A well-thought-out yoga business plan serves as your roadmap to navigating the complexities of this dynamic industry, ensuring sustainable growth and profitability. In this comprehensive guide, we delve into the essential elements of crafting robust yoga studio business plans  that sets the foundation for your success. 

Our team of Atlanta business plan writers has created a yoga studio business plan tailored to assist aspiring entrepreneurs in the yoga industry. Whether you’re wondering how to start a yoga business or how to open a yoga studio, our comprehensive guide provides valuable insights and actionable strategies to help you achieve your goals.


Understanding the Yoga Studio Business Model

Before delving into the specifics of drafting your yoga studio business plan, it’s crucial to understand the unique dynamics of the yoga studio business model. Unlike traditional fitness centers, yoga studios emphasize holistic wellness, offering a range of classes that cater to diverse needs and preferences. From gentle Hatha yoga to dynamic Vinyasa flows and intense hot yoga models, each class contributes to the overall experience of the studio. Moreover, many yoga studios incorporate additional services such as workshops, retreats, and retail offerings to enhance their revenue streams and foster community engagement.


Components of a Comprehensive Yoga Studio Business Plan

  1. Executive Summary

The executive summary serves as the snapshot of your entire business plan for yoga studio, providing an overview of your vision, mission, objectives, and key strategies. It encapsulates the essence of your yoga studio concept and sets the tone for the rest of the document.


  1. Business Overview and Vision

In this section, articulate your vision for the yoga studio and outline its core values, philosophy, and unique selling propositions. Define your target market demographics, including age groups, fitness levels, and lifestyle preferences, to tailor your offerings accordingly.


  1. Market Analysis

Conduct a comprehensive market analysis to gain insights into the competitive landscape, industry trends, and customer preferences. Identify existing yoga studios in your area, analyze their strengths and weaknesses, and assess the demand for specific yoga modalities to position your studio strategically. Additionally, develop a detailed marketing strategy to effectively promote your studio and attract potential clients. Understanding the market dynamics and crafting an impactful marketing strategy are crucial steps in establishing a successful presence in the yoga industry.


  1. Services and Offerings

Detail the range of yoga classes, workshops, and additional services you plan to offer at your studio. Consider the preferences of your target demographic and the competitive landscape to design a diverse and appealing class schedule that differentiates your studio from others.


  1. Marketing and Sales Strategy

Develop a robust yoga studio marketing plan and sales strategy to attract and retain clients to your yoga studio. Utilize a combination of online and offline marketing channels, including social media, email marketing, search engine optimization (SEO), and community partnerships, to increase brand awareness and drive enrollment.


  1. Operational Plan

Outline the day-to-day operations of your yoga studio, including staffing requirements, class scheduling, studio management software, and customer service protocols. Establish clear policies and procedures to ensure smooth operations and exceptional customer experiences.


  1. Financial Projections

Prepare detailed financial projections, including startup costs, revenue forecasts, and expense estimates, to assess the financial feasibility of your business yoga studio. Consider factors such as rent, utilities, instructor salaries, marketing expenses, and equipment purchases to develop realistic projections.

These projections should include key financial statements such as the income statement, cash flow statement, and balance sheet statement, providing a comprehensive overview of your studio’s financial health. Robust financial planning is essential for ensuring long-term success and sustainability in the competitive yoga industry.


  1. Risk Management and Contingency Plans

Identify potential risks and challenges that may impact the success of your yoga studio business and develop contingency plans to mitigate them effectively. Consider factors such as market volatility, regulatory changes, and unforeseen events to safeguard your investment and ensure long-term sustainability.


How to Start a Yoga Studio Business

Starting a yoga studio requires careful planning and execution. Begin by defining your vision, conducting market research, and developing a comprehensive yoga studio business plan that outlines your goals, strategies, and financial projections. Secure funding, find a suitable location, and invest in quality equipment and amenities to create a welcoming environment for your clients.


How Much Does it Cost to Open a Yoga Studio?

The cost of opening a yoga studio varies depending on various factors such as location, size, amenities, and marketing expenses. On average, yoga studio start up costs can range from tens of thousands to hundreds of thousands of dollars. Key expenses include rent, utilities, renovation costs, equipment purchases, marketing expenses, and staffing salaries.


Are Yoga Studios Profitable?

While the profitability of a yoga business depends on various factors such as location, competition, and marketing strategies, many successful yoga studios enjoy healthy profit margins. By offering quality classes, exceptional customer service, and additional revenue streams such as workshops, retreats, and retail sales, yoga studios can generate substantial profits while fostering a sense of community and well-being.



Crafting a comprehensive business plan yoga is a crucial step towards turning your vision of owning a yoga studio into reality. By carefully considering the key components outlined in this guide and leveraging strategic planning and execution, you can set your yoga studio on the path to sustainable growth, profitability, and community impact. Embrace the journey of entrepreneurship with mindfulness, resilience, and a commitment to holistic wellness, and watch your yoga studio thrive in the dynamic landscape of the wellness industry.


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Yoga Studio Business Plan Sample

In the subsequent sections, we offer a detailed sample of opening a yoga studio business plan, tailored to assist aspiring entrepreneurs in the yoga industry. This comprehensive plan encompasses essential aspects such as marketing strategies for promoting yoga services, identifying lucrative business opportunities within the yoga market, and providing guidance for individuals embarking on their journey to starting a yoga business from scratch.

This yoga studio business plan pdf sample outlines practical steps for creating a compelling brand identity, establishing a strong online presence, and leveraging various marketing channels to attract clients. Additionally, it delves into the potential revenue streams available to yoga studios, including class memberships, workshops, private sessions, retail sales, and special events.

Whether you’re an experienced yogi venturing into entrepreneurship or new to the yoga industry, these sample yoga business plans offer valuable guidance. From financial projections to effective marketing strategies, this plan provides a roadmap for success in the competitive yoga market.

By following the insights outlined in this yoga studio business plan sample, aspiring studio owners can confidently embark on their entrepreneurial journey with a comprehensive blueprint for building a thriving business of yoga. Whether you envision a boutique hot yoga studio or a larger-scale wellness center, this plan offers valuable insights to achieve your goals.



Zen Yoga Studio (herein also referred to as “the company”) was incorporated on March 8, 2023 by Founder and Director, Mr. Francis Gu. The company aims to redefine the yoga market in Atlanta, Georgia by providing accessible, and high quality wellness services to every member.

The yoga service industry is experiencing an increase in demand, driven by the growing need for holistic wellness. In today’s fast-paced society, where individuals are continually seeking ways to navigate the complexities of modern life, there is a heightened awareness of the role that mental and physical health play in achieving overall wellness. Consequently, there has been an increase in the adoption of practices such as yoga, which offer profound benefits for both the body and mind. As people strive to balance the demands of work, family, and personal pursuits, they are increasingly turning to yoga as a way for managing stress, enhancing resilience, and achieving better overall balance.

Mr. Francis Gu’s qualifications are grounded in a strong passion for wellness and holistic living. The Founder has cultivated a daily practice of yoga, often integrating breath work techniques acquired through extensive immersion in yoga. Through this personal journey, Mr. Gu has not only personally benefited but also observed the transformative impact of wellness practices and yoga on individuals. Motivated by a keen understanding of the prevailing needs within the community, Mr. Gu is driven to utilise this expertise and insight to address these issues in wellness provision.  

Through a blend of traditional practices and modern technology, Zen Yoga Studio will offer personalised wellness experiences that cater to individuals of all backgrounds and abilities. The company’s target market encompasses individuals of all ages residing within the diverse communities of the Greater Atlanta region. With its dynamic urban landscape and diverse population, Atlanta presents a unique environment where the need for holistic health and wellness are continuously growing.

Zen Yoga Studio is seeking $500K in funding through the SBA loans to complete leasehold improvements, purchase equipment and for working capital. With this support, the company aims to enhance its services, expand its outreach, and empower individuals of all ages to prioritise their well-being through daily yoga and community.



Zen Yoga Studio will operate a storefront yoga centre, serving as a sanctuary for individuals seeking to prioritise their well-being through yoga. This tranquil environment offers a space for exploring various yoga techniques and deepening mindfulness practices. Alongside yoga, the centre will offer wellness classes such as yoga and pilates, designed to cater to individuals of all levels and abilities, fostering physical strength, flexibility, and mental clarity within a classroom setting. Additionally, the business will provide a range of merchandise and gifts, including clothing and yoga mats, which not only serve as reminders of the importance of self-care but also contribute to the business’s revenue generation.

In its commitment to holistic health, Zen Yoga Studio hosts general wellness programs, including workshops, seminars, and support groups, aimed at promoting overall health and mental well-being. To extend its reach beyond the physical storefront, the business will develop a digital branch that includes podcasting, offering insights, tips, and guided yoga to engage and support individuals on their wellness journey. Embracing inclusivity, the business offers a membership model, granting members access to discounted rates on classes, priority booking, and exclusive events and content. Payment options cater to clients’ preferences, allowing for upfront payments or payment upon visiting the centre, with various methods available including credit/debit cards, e-transfers, and cash payments. Moreover, instalment plans are offered for larger purchases or long-term memberships, providing flexibility and accessibility to clients.



Our mission is to foster a sanctuary where individuals prioritize self-care and personal development. Rooted in the principles of mindfulness, inclusivity, and community, we aim to guide our students towards holistic well-being and inner fulfillment through the practice of yoga.



Our vision is to cultivate a global community where the transformative power of yoga is accessible to all. Through innovative practices, compassionate teaching, and a commitment to diversity, we envision a world where individuals embrace holistic well-being, find inner peace, and thrive in harmony with themselves and the world around them.



Zen Yoga Studio’s culture is built upon a foundation of core values that shape how the company interacts with customers, partners, and employees. These values are fundamental to all business activities and decisions and are deeply ingrained in the company’s ethos.


Encouraging present-moment awareness and cultivating a mindful approach to life.



Emphasising genuine self-expression and integrity in teachings and practices.



Welcoming people of all backgrounds, ages, abilities, and beliefs into the community.



Empowering individuals to take charge of their physical, mental, and emotional health.



Striving for balance in all aspects of life, including physical activity, rest, work, and play.



Nurturing a sense of connection with oneself, others, and the world around us.


Continuous Growth

Encouraging ongoing learning, self-improvement, and personal development.



Supporting practices and lifestyles that are environmentally sustainable and socially responsible.



Category Short term – 6 months Medium term – 3 years Long term – 5 years
Brand Awareness Increase brand recognition in the local community by 20% through hosting 2 local events promoting Zen Yoga Studio and collaborating with 3 local businesses for joint marketing initiatives. Boost brand recognition for Zen Yoga Studio by 50% in the local market through expanded marketing in nearby cities, utilising targeted ads and securing influencer or celebrity partnerships. Elevate Zen Yoga Studio‘s brand recognition to national prominence and household name status by launching comprehensive nationwide advertising campaigns across various media channels.
Social Media Increase social media followers by 25% across all platforms by posting engaging content at least 3 times per week and running targeted ad campaigns to reach new audiences. Double followers count and establish thought leadership in the industry on social media by implementing a content calendar with regular posts on industry trends, tips, and insights. Triple followers and create a thriving online community with dedicated teams for each platform to engage and respond promptly to inquiries.
Business Development Expand service offerings to include online classes and workshops by developing a user-friendly online platform and partnering with experienced instructors to provide high-quality content. Open a second studio in a prominent location to cater to a wider audience by conducting market research to identify ideal location and target demographics. Establish multiple franchise locations across cities to enhance accessibility to Zen Yoga Studio’s services through a developed franchise model, training program for franchisees, and marketing strategies for investors.
Human Resources Recruit and train more instructors to meet increased demand by advertising job openings and offering thorough training programs for new hires. Foster a positive work environment, decreasing turnover by 20% through employee satisfaction surveys, and flexible work options. Establish Zen Yoga Studio as a premier employer by promoting company culture and values through branding efforts, and providing competitive compensation packages.




In the rapidly emerging yoga service industry, understanding market trends, government regulations, and the competitive landscape is critical to positioning Zen Yoga Studio for success. This market analysis will provide a comprehensive review of these key factors, providing valuable insights into the industry that will help the company develop a winning strategy.


Yoga Service Industry

In North America, the yoga service sector has shown strong growth, with a year-on-year increase of 13.9%, reaching US$1.1 Billion in 2023. This trend is expected to continue in the coming years, with demand for yoga services predicted to rise at a Compound Annual Growth Rate (CAGR) of 16.9%. As a result, total revenue in the region is forecasted to rise from US$1.3 Billion in 2024 to US$6.3 Billion by 2034.

Yoga Service Industry chart

Figure 2 – North America Yoga Service Industry


Awareness of Health Benefits Associated with Yoga Push Demand

The growing awareness of the profound health benefits associated with yoga is fueling demand for yoga services. As individuals increasingly prioritise holistic well-being, the field is expanding rapidly across North America.


Yoga is recognized for their impact on mental health, stress reduction, flexibility, and overall physical fitness. As a result, people across North America are increasingly opting for yoga services.


Rising awareness is leading to a surge in participation across diverse demographics, driving the growth of specialised studios, online platforms, and wellness programs. The trend reflects a societal shift toward embracing mindfulness and preventive healthcare, thereby fostering growth.


Yoga Products Industry

The North America yoga product market size is projected to surpass a valuation of US$39 Billion by 2034. The demand for yoga products is likely to rise at a CAGR of 7.5% through 2034, with a current valuation of US$19 Billion in 2024.

Figure 3 – North America Yoga Products Industry 


Global Yoga Wear Market Value

The yoga apparel industry has witnessed substantial growth in recent years, with global revenue reaching an estimated US$22.7 billion in 2021. This figure is projected to continue its upward developments, with forecasts indicating an increase to approximately US$40 billion by 2028. Such exponential growth, at a compounded annual growth rate (CAGR) of 8.4%, underscores the increasing popularity and demand for yoga apparel worldwide.


The sportswear market is experiencing significant growth, with yoga wear emerging as a prominent segment within this industry. Unlike traditional sportswear, which may prioritise loose fits, yoga wear is specifically designed to offer maximum breathability and flexibility to consumers. This category includes essential articles such as bras, tank tops, and leggings and pants, tailored to meet the unique needs of yoga practitioners.


The popularity of yoga has surged in recent years, paralleling the broader trend of increased health consciousness among consumers. In 2020, approximately 55 million Americans engaged in yoga practice, drawn to its benefits of flexibility and low-impact strengthening. This growing interest in yoga as a sport has translated into heightened demand for specialised yoga wear, particularly leggings and pants, which have become an integral part of the athleisure trend.


yoga studio revenue

Figure 4 – Value of the Yoga Wear Market Worldwide 



This section offers an overview of the latest trends impacting the yoga service industry, equipping the company with insights to stay ahead of the competition and identify new growth opportunities. By analysing key market drivers, consumer behaviours, and industry challenges, Zen Yoga Studio can adapt and innovate its business model to align with the evolving needs of its customers.



The yoga market is experiencing significant growth, with a projected worth of US$ 6 Billion in 2023. By 2033, this market is expected to soar to US$ 23 Billion, indicating a remarkable growth trajectory. With a forecasted Compound Annual Growth Rate (CAGR) of 14.3% during the period from 2023 to 2033, the market presents abundant opportunities for expansion and innovation.


The yoga industry is experiencing a significant transformation as it embraces digital platforms, with apps, wearables, and online classes revolutionising practice accessibility. This shift enables individuals to engage in sessions from anywhere at any time, driving market growth as technology evolves and consumers seek convenient ways to incorporate mindfulness into their lives. Concurrently, rising mental health awareness is propelling yoga into the spotlight as effective tools for stress relief and anxiety management.


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Yoga Statistics in the US

With over one in five Americans practising yoga, Zen Yoga Studio has a vast and diverse target market across the United States. The growing popularity of yoga as a form of therapy and exercise presents a significant opportunity for Zen Yoga Studio to cater to the wellness needs of Americans.

America’s yoga community is supported by over 2,000 qualified yoga instructors, indicating a strong demand for yoga-related services and products. Zen Yoga Studio can tap into this network of instructors to collaborate on classes and workshops, further expanding its reach and relevance within the yoga community.

Furthermore, with 9% of American adults using yoga for therapeutic and exercise purposes, there is a clear market for Zen Yoga Studio‘s holistic approach to wellness. By offering yoga and mental health classes, Zen Yoga Studio can provide comprehensive support for individuals seeking physical, mental, and emotional well-being.

Americans living in British Columbia demonstrate a particularly high interest in yoga, as evidenced by their frequent online searches for yoga-related content. This presents a prime opportunity for Zen Yoga Studio to target this demographic through strategic digital marketing campaigns and localised promotional efforts.

In conclusion, Zen Yoga Studio‘s target market encompasses a wide range of Americans seeking to improve their overall well-being through yoga and mental health practices. By leveraging the growing popularity of yoga and addressing the specific needs of American consumers, Zen Yoga Studio can position itself as a leading provider of holistic wellness services in the country.



The global yoga market is experiencing significant growth for continued expansion in the forecast period from 2023 to 2030. According to Data Bridge Market Research, the market is expected to grow at a Compound Annual Growth Rate (CAGR) of 18.5%, reaching a value of USD 23,192.12 million by 2030, up from USD 6,251.97 million in 2022. This growth is attributed to various factors driving demand, including:


Increasing Awareness and Adoption

There is a growing awareness of the benefits of yoga for mental health and well-being. As people become more health-conscious and seek holistic approaches to wellness, the popularity of yoga is on the rise globally.


Stress Management

With the prevalence of stress-related disorders and lifestyle ailments, individuals are turning to yoga as a tool for stress management and relaxation. This trend is particularly pronounced in urban areas where high-stress environments are common.


Technological Innovations

The integration of technology into yoga practices has expanded the reach and accessibility of yoga programs. Mobile apps, wearables, and online platforms offer guided yoga sessions, making it easier for individuals to incorporate yoga into their daily routines.


Product Innovations and Launches

Continuous product innovation and launches cater to evolving consumer preferences and market trends. Companies invest in research and development to introduce new yoga techniques, products, and services that address specific consumer needs.



The pricing model for Zen Yoga Studio services and products is designed to offer flexibility and value to our customers while ensuring sustainable revenue for the business.

For its yoga services, customers have the option to pay per session (Drop In), purchase a package of sessions for savings (10 Session Pass), or subscribe for unlimited access on a monthly basis (Monthly). We also offer specialised classes focused on mental health, available on a per-session or course basis.

For those seeking comprehensive access to all our services, the centre offers two subscription options: All Access Monthly and All Access Annual, providing unlimited access to yoga, mental health classes, and courses.

In terms of products, the pricing is competitive and reflects the quality and value of the items. Customers can purchase yoga mats, journals for reflection and mindfulness practice, candles for ambiance, and comfortable apparel such as hoodies and pants for their practice.

Overall, Zen Yoga Studio’s pricing model aims to cater to the varying needs and preferences of our customers, whether they prefer drop-in sessions, packaged deals for savings, or unlimited access subscriptions. Additionally, its product prices are set to be accessible while maintaining quality, encouraging customers to enhance their practice with its merchandise.



Services Prices
Yoga – Drop In $30.00
Yoga – 10 Session Pass $250.00
Yoga – Monthly $225.00
Yoga – Drop In $30.00
Yoga – 10 Session Pass $250.00
Yoga – Monthly $225.00
Mental Health Class $50.00
Mental Health Courses $600.00
All Access – Monthly $350.00
All Access – Annual $2,500.00
Products Prices
Yoga Mats $50.00
Yoga Mats $55.00
Journals $35.00
Candles $30.00
Hoodies $60.00
Pants $70.00



The following competitive advantages differentiate Zen Yoga Studio from competing against local yoga studios:

Holistic Approach

Zen Yoga Studio offers a comprehensive range of services, including yoga and Pilates classes, providing clients with holistic wellness solutions to nurture their physical, mental, and emotional well-being all under one roof.


Experienced Instructors

Zen Yoga Studio prides itself on its team of experienced and certified instructors who bring a wealth of knowledge and expertise to their classes, ensuring clients receive high-quality instruction and personalised attention.


Diverse Class Offerings

With classes tailored to individuals of all levels and abilities, Zen Yoga Studio caters to a wide range of clients, from beginners to advanced practitioners, offering diverse options to meet varying needs and preferences.


Retail Merchandise

In addition to classes, Zen Yoga Studio offers a selection of yoga merchandise, including mats, clothing, and accessories, allowing clients to enhance their practice and carry the Zen Yoga Studio brand with them beyond the studio walls.


Community Engagement

Zen Yoga Studio fosters a sense of community and belonging among its clients through workshops, seminars, and social events, creating opportunities for connection and support beyond the classroom.



Zen Yoga Studio’s continued success will be driven by the following key factors:


Community Engagement 

Building a strong sense of community among clients is crucial for Zen Yoga Studio‘s success. By creating a welcoming and inclusive environment where individuals feel supported and connected, Zen Yoga Studio fosters a sense of belonging that encourages clients to return regularly. Engaging in community-building activities such as group events, workshops, and social gatherings strengthens bonds among clients and enhances their overall experience.


Personalised Classes

Tailoring classes to meet the diverse needs and preferences of clients is essential for attracting and retaining repeat customers. Zen Yoga Studio‘s success lies in offering a variety of class formats, levels, and styles to accommodate individuals of all ages, fitness levels, and abilities. By providing personalised instruction and guidance, Zen Yoga Studio ensures that each client receives a rewarding and fulfilling experience that keeps them coming back for more.


Consistent Quality

Maintaining consistent quality across all aspects of its offerings is paramount for Zen Yoga Studio‘s success. From the expertise of instructors to the cleanliness of facilities and the quality of merchandise, Zen Yoga Studio upholds high standards to provide clients with an exceptional experience every time they visit. By prioritising excellence in all areas of operation, Zen Yoga Studio builds trust and credibility among its clientele, fostering long-term loyalty and satisfaction.


Customer Relationship Management

Establishing strong relationships with clients is essential for driving repeat business and fostering customer loyalty. Zen Yoga Studio invests in customer relationship management strategies to understand the unique needs and preferences of each client, providing personalised recommendations and support. By maintaining open communication channels and soliciting feedback, Zen Yoga Studio demonstrates its commitment to client satisfaction and continuously improves its offerings to meet evolving needs.



The sales and marketing plan lays out Zen Yoga Studio’s strategy for expanding the company’s customer base and growing the business. This section examines the key channels the company will use to promote its services, as well as the metrics that will be used to gauge success. Additionally, the plan will identify the strengths and weaknesses of the company, opportunities for growth and expansion, and potential threats that could impact business operations.



As of 2024, the metro area population of Atlanta, Georgia, stands at approximately 2,683,000. Within this bustling metropolitan region, the practice of yoga has become increasingly prevalent, reflecting a growing trend towards holistic wellness and mindfulness.


With an estimated 7.6 million yoga practitioners across the United States, it’s evident that yoga has gained significant traction as a popular form of exercise and self-care nationwide. Atlanta, with its vibrant and health-conscious population, is no exception to this trend.


The appeal of yoga in Atlanta can be attributed to various factors, including the city’s diverse demographic makeup, emphasis on well-being, and access to a plethora of yoga studios, wellness centres, and outdoor spaces ideal for yoga practice.


Moreover, the city’s bustling urban lifestyle, coupled with its proximity to natural landscapes and scenic views, creates an environment conducive to yoga enthusiasts seeking physical, mental, and spiritual rejuvenation.


In conclusion, Atlanta’s sizable population and the widespread popularity of yoga across the United States suggest a substantial community of yoga practitioners within the region. As the city continues to prioritise health and wellness, the demand for yoga-related services and facilities is expected to remain robust, presenting opportunities for growth and expansion in the local yoga market.



To further narrow down Cushion & Moss’ target market and develop an effective marketing strategy, the company will specifically target the following distinct customer personas:

  • Wellness Enthusiasts: Individuals who prioritise physical and mental well-being and seek regular exercise and relaxation practices like yoga and pilates.

  • Busy Professionals: Professionals with demanding schedules who are looking for convenient and effective ways to manage stress and improve their overall health through structured classes.

  • Health-Conscious Individuals: People who are proactive about their health and seek out holistic approaches to fitness, including yoga and pilates, as part of their wellness routine.

  • Active Ageing Population: Older adults who are interested in maintaining mobility, flexibility, and mental acuity through low-impact exercises like pilates and yoga, while also benefiting from the stress-relieving effects of yoga.

  • Fitness Seekers: Individuals looking to diversify their fitness routine or recover from injuries by incorporating pilates and yoga into their regimen for improved strength, flexibility, and mindfulness.



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Channel Strategy
Physical Studio/Centre The physical storefront serves as a primary channel for engaging with the local community and providing in-person services such as yoga classes, wellness workshops, and merchandise sales. This channel allows for direct interaction with clients and customers, fostering relationships and building brand loyalty.
Meta Advertisements “Paid” (Social Media) Utilise Facebook, Instagram, and Twitter to boost brand awareness and connect with target audiences. Share engaging content like class demos, testimonials, and educational posts on yoga, pilates, and yoga benefits. Utilise targeted ads to reach specific demographics based on location, interests, and behaviours.
Google Business Profile Maintaining an updated Google Business Profile ensures that Zen Yoga Studio appears prominently in local search results and on Google Maps. This channel provides essential information such as operating hours, contact details, and customer reviews, making it easier for potential clients to find and engage with the business.
Website Provide mission details, service offerings, and event updates. Clients can easily access schedules, register, and shop merchandise while engaging with digital resources like blogs and yoga. Testimonials, partnerships, and donation options enhance the user experience, maintained through regular updates.


Prospective Relationships

To leverage emerging market opportunities, Zen Yoga Studio will deploy a strategic marketing approach structured around the stages of the customer journey: awareness, consideration, conversion, and loyalty. This framework aims to guide potential customers through a sequence of experiences, leading them to become committed, long-term partners of the business in the industry.

  • Awareness (Attract): The initial phase focuses on capturing attention and drawing prospects to Zen Yoga Studio‘s offerings. A modernised, intuitive website will serve as the digital storefront, providing updated information about classes, schedules, and client testimonials. Additionally, an organic Search Engine Optimization (SEO) strategy will be implemented to enhance the website’s visibility in search engine rankings, increasing the likelihood of attracting quality leads.

  • Consideration (Engage): Following initial interest, Zen Yoga Studio aims to deepen engagement through personalised interactions. Whether conducted in-person or virtually, these interactions offer an opportunity to understand the specific needs, challenges, and goals of potential clients. The team will present tailored solutions showcasing Zen Yoga Studio‘s capabilities and value proposition, illustrating how a partnership with Zen Yoga Studio can address their wellness needs effectively.

  • Conversion (Convert): This phase focuses on converting engaged prospects into clients. Tailored proposals will be delivered, highlighting how Zen Yoga Studio can address the prospective client’s needs with reliable and comprehensive wellness solutions. These proposals will encompass more than just service offerings, including class schedules, package options, and pricing details to provide a comprehensive package that resonates with decision-makers.

  • Loyalty (Retain): Once a client is onboarded, Zen Yoga Studio‘s focus shifts towards nurturing the relationship for long-term sustainability. A dedicated account manager will serve as a consistent point of contact for any inquiries, concerns, or feedback. Additionally, the company will implement various client retention strategies, such as regular performance evaluations, customer satisfaction surveys, and loyalty incentives like discounts on class packages or exclusive merchandise offers.


Pillars Indicators
  • Monthly Revenue Growth
  • Customer Retention Rate
  • Average Revenue per Customer
  • Merchandise Sales Growth
  • Gross Profit Margin
  • Operating Expense Ratio
  • Cash Flow Forecast Accuracy
  • Return on Investment (ROI)
Human Resources
  • Employee Turnover Rate
  • Training and Development Participation
  • Employee Satisfaction Score
  • Instructor Utilisation Rate
Marketing and Advertising
  • Return on Advertising Spend (ROAS)
  • Customer Acquisition Rate
  • Website Traffic and Conversion Rate
  • Social Media Engagement




Strengths Weaknesses
  • Experienced Founder / Owner
  • Comprehensive offerings such as yoga, pilates, and merchandise.
  • Experienced, certified instructors ensure high-quality sessions.
  • Intense competition in the wellness industry.
  • Reliance on physical studios limits adaptability.
  • Zen Yoga Studio is currently a new company with a need to establish clientele 
Opportunity Threat
  • Expansion into virtual classes for broader reach.
  • Partnerships with other wellness businesses.
  • Introduction of specialised programs to attract niche markets.
  • Expansion with additional yoga centres in years 3-5
  • Economic downturns impact consumer spending.
  • Regulatory changes may increase operational costs.
  • Shifting consumer preferences towards alternative wellness practices



As the backbone of any successful business, the operational plan outlines the fundamental actions that will be taken to ensure Zen Yoga Studio runs efficiently and effectively. This section provides an overview of Zen Yoga Studio’s day-to-day activities, covering critical areas such as operating hours, health and safety compliance, equipment and inventory, location, and risk management.



Zen Yoga Studio is dedicated to providing access to its yoga and pilates classes, as well as yoga merchandise, to customers whenever they need them. Operating from 7 am to 7 pm every day of the week, Zen Yoga Studio ensures its services and products are available to cater to clients’ wellness needs at their convenience.


Understanding that wellness needs can arise at any time, Zen Yoga Studio’s extended operating hours allow clients to access its offerings promptly and efficiently. Committed to promoting holistic well-being, Zen Yoga Studio recognizes the importance of reliable and convenient access to its services and merchandise. Whether clients seek to improve physical fitness, mental clarity, or overall wellness, they can rely on the Zen Yoga Studio for solutions that meet their needs throughout the week. With its physical and online platforms, clients can engage confidently, knowing that the business is always there to support their wellness journey, providing convenience and accessibility whenever needed.


Day Hours
Monday – Sunday 7 am to 7 pm



Zen Yoga Studio will adhere to the federal and provincial laws as well as other pertinent regulations, bylaws, and standards. The company will take all necessary steps to ensure that all the required government permits are obtained to conduct business operations legally and ethically.


Occupational Health and Safety

The company is dedicated to upholding the Occupational Health and Safety Regulation mandated by the local government of British Columbia. Zen Yoga Studio will implement comprehensive measures to identify, assess, and mitigate workplace hazards, thereby preventing injuries and illnesses of the employees. All team members at Alert will undergo regular health and safety training to ensure they are equipped with the necessary knowledge and skills to maintain a safe working environment. Adherence to all applicable regulations and guidelines will be mandatory, and the company’s health and safety policies will be continuously reviewed and updated to align with changes in knowledge, technology, and work practices.


Labour and Employment

Zen Yoga Studio is committed to upholding the legal standards for payment, compensation, and working conditions in accordance with British Council’s Employment Standards. The company’s management team will open communication channels with employees to support a positive work-life balance that enhances overall well-being. Additionally, Zen Yoga Studio will diligently monitor compliance with labour laws and conduct regular reviews of compensation packages to ensure that the company meets the legally mandated minimum wage requirements, demonstrating a dedication to fair and equitable employment practices.




Yoga Mats

Yoga mats are necessary for yoga classes, providing comfort and support during various poses and exercises.


Yoga Cushion

Comfortable cushions or mats designed to support proper posture and alignment during yoga sessions.


Props and Accessories

Bolsters, blocks, straps, blankets, and other accessories enhance the practice experience and assist participants in achieving correct alignment and form.


Merchandise Inventory

A range of yoga-related products such as mats, apparel, candles, and journals, catering to the diverse needs and preferences of clients.


Cleaning Supplies 

Sanitising wipes, sprays, and other cleaning products to maintain cleanliness and hygiene in the studio space, ensuring a safe environment for clients and staff.


Audio-Visual Equipment

Speakers, microphones, projectors, screens, and music systems are to be used for conducting classes, workshops, and events effectively.


Administrative Supplies

Office supplies, such as computers, printers, paper, pens, and filing cabinets, facilitate administrative tasks such as scheduling, billing, and record-keeping.



Zen Yoga Studio is strategically planning to open its first yoga hub in Victory Plaza, situated at 123 Peachtree Street NE, Atlanta, Georgia. This bustling commercial building is nestled in the heart of Chinatown, a neighbourhood undergoing rapid development and revitalization. 



Chinatown Plaza’s vibrant atmosphere and diverse community make it an ideal location for Zen Yoga Studio‘s holistic wellness offerings. With its central position in a dynamic neighbourhood, the hub aims to serve as a welcoming space for individuals to explore Pilates and yoga, fostering holistic growth and self-discovery in the heart of Atlanta’s cultural landscape. The property’s strategic location at the intersection of Keefer and Quebec Street offers excellent visibility and accessibility, with close proximity to major business districts, popular amenities, and public transit routes.



Chinatown Plaza is an ideal location for Zen Yoga Studio for several reasons. First, Victory Plaza’s diverse mix of traditional businesses, residential developments, and cultural landmarks aligns seamlessly with our mission of promoting holistic wellness in varied communities. Second, the property’s accessibility via public transit, including rapid transit, buses, and the seabus, ensures convenient access for clients from all over Atlanta and beyond. Additionally, the diverse retail environment within Victory Plaza, comprising a range of shops, restaurants, and professional services, offers synergies and networking opportunities that complement our wellness offerings and merchandise.



Risk Description Mitigation Plan
Market Competition Zen Yoga Studio faces competition from other wellness centres, gyms, and online platforms offering similar services and merchandise. Increased competition may lead to a loss of market share and revenue. To differentiate itself, Zen Yoga Studio can offer unique class formats, personalised instruction, and exclusive merchandise. Investing in marketing and branding to showcase this unique value proposition can attract and retain customers.
Instructor Qualifications Employing instructors without proper certifications or adequate training may compromise the quality of classes and pose safety risks to clients. The business should verify instructor qualifications and credentials to meet industry standards. Offering ongoing training enhances competence for safe and effective sessions.
Physical Injuries or Health Risks Participants in pilates and yoga classes may be susceptible to physical injuries or health risks if proper precautions are not taken. Zen Yoga Studio must ensure safety with proper equipment maintenance, clear instructions, and qualified supervision during classes.
Customer Retention Failure to retain existing customers and attract new clients may lead to declining revenue and profitability. The business should focus on customer satisfaction by delivering exceptional experiences, offering loyalty programs, and seeking feedback for improvement. 
Economic Downturn Economic recessions or downturns can impact consumers’ discretionary spending on wellness services and merchandise, affecting Zen Yoga Studio‘s revenue. Zen Yoga Studio can counter economic fluctuations by diversifying revenue, cutting costs, offering flexible payment options and adjusting pricing
Reputation Management Negative reviews, customer complaints, or public relations crises can damage Zen Yoga Studio‘s reputation and brand image. The business should prioritise top-notch customer service, promptly handle grievances, and manage online reputation via social media engagement. 




The organisational plan outlines the company’s approach to managing human capital, including the organizational structure, management team and personnel plan. This section will be regularly reviewed and updated to ensure the company remains adaptable and responsive to emerging opportunities and challenges.



Zen Yoga Studio has a well-defined organizational structure to ensure efficient coordination among various departments and teams. The structure is designed to promote collaboration and communication, as well as to provide clear lines of authority and responsibility.

yoga studio org chart

Figure 6 – Zen Yoga Studio’s Organizational Structure


As the business grows, the organisational structure will be updated to incorporate new positions and departments, prioritising operational efficiency and delivering outstanding customer service consistently.



Francis Gu

Founder/Facility Director


Francis Gu brings a multifaceted skill set to the helm of Zen Yoga Studio, blending technical prowess with a deep understanding of customer needs. With a background as a Cloud Engineer, Mr. Gu’s mastery of navigating intricate systems and delivering unparalleled service has sharpened the Founder’s problem-solving abilities and instilled a keen sense of innovation. Mr. Gu’s innate curiosity fuels Zen Yoga Studio’s pursuit of excellence, driving the organisation to explore new horizons in holistic wellness.


The Founder’s extensive experience in customer-facing roles has endowed him with invaluable insights and empathy. Through years of engaging with diverse clientele, Mr. Gu has cultivated a deep understanding of individual needs and preferences that helps address Zen Yoga Studio’s clientele’s varied requirements and ensure personalised and meaningful interactions.


Mr. Gu’s educational background in Applied Information Systems Technology with a major in Network Management provides a solid foundation in technology and systems management. The Founder’s academic training instils a methodical approach to problem-solving and strategic thinking, essential qualities for effective leadership. This knowledge enables optimization of resources and streamlining of processes, contributing to the overall efficiency of Zen Yoga Studio’s facilities and operations.


As the founder and facility director, Mr. Gu is deeply committed to fostering an environment of transformation and empowerment at Zen Yoga Studio. The Founder’s vision is rooted in the belief that wellness encompasses physical, mental, and emotional well-being. By providing a welcoming space for individuals to explore Pilates and yoga, Mr. Gu aims to facilitate holistic growth and self-discovery. Under the Founder’s guidance, Zen Yoga Studio aspires to be a sanctuary where individuals can embark on a journey of self-care and personal enrichment.



Zen Yoga Studio is committed to building a talented team to support its diverse range of offerings, including pilates and yoga classes, and yoga merchandise. In seeking new team members, the business will employ a multifaceted approach to recruitment. Alongside traditional methods like job postings, Zen Yoga Studio will leverage personal referrals and networking channels to attract individuals who share its passion for holistic wellness.


To ensure fairness and inclusivity in the hiring process, the business will implement proactive measures to prevent bias and discrimination. Each applicant will be given equal consideration based on their qualifications, skills, and alignment with the company’s values. As Zen Yoga Studio continues to expand its operations, key positions will be filled strategically to support the business’s growth and commitment to promoting well-being in the community:


Facility Director

  • Oversee the overall operation of the facility, including staff management, scheduling classes, and ensuring smooth day-to-day operations.
  • Develop and implement policies and procedures to optimise facility efficiency and client satisfaction.
  • Coordinate with instructors and staff to maintain a high standard of service delivery and customer experience.
  • Handle budgeting, financial reporting, and resource allocation to support the facility’s objectives.


Front Desk Representative

  • Act as the primary point of contact for clients, addressing inquiries, class registrations, and merchandise sales.
  • Provide administrative support, including managing appointment schedules, processing payments, and maintaining client records.
  • Ensure a welcoming and professional atmosphere for all visitors, offering assistance and guidance as needed.
  • Monitor inventory levels and replenish supplies as necessary to support front desk operations.


Yoga Instructor

  • Lead yoga sessions, guiding participants through various techniques to enhance mental clarity, relaxation, and mindfulness.
  • Create a supportive and nurturing environment for attendees to explore their yoga practice and inner peace.
  • Develop customised yoga programs based on individual needs and goals, adapting sessions to accommodate different skill levels and preferences.
  • Offer guidance on yoga techniques, breathing exercises, and mindfulness practices to promote overall well-being and stress reduction.


Yoga Instructor

  • Conduct yoga classes tailored to the needs and abilities of participants, focusing on physical postures, breathing techniques, and yoga practices.
  • Provide personalised instruction, alignment adjustments, and modifications to accommodate diverse skill levels and body types.
  • Foster a supportive and inclusive class environment, encouraging students to explore their practice and develop mindfulness both on and off the mat.
  • Continuously expand knowledge of yoga philosophy, anatomy, and teaching methodologies to enhance class offerings and student experience.



By adhering to the hiring protocol, the company will effectively identify, assess, and onboard qualified individuals for key roles such as facility director, front desk personnel, and yoga trainers. This ensures the company’s ability to secure the necessary talent to support its expansion and enhance its competitiveness within the industry.


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The following financial projections have been carefully crafted by the management team of Zen Yoga Studio. All projections are forward-looking and are dependent on securing the required financing. It is the audience’s responsibility to conduct all necessary due diligence.


Based on the current market conditions and business specifications, the following funding will be required for the first year of operations.

Start-up Expenses
Accounting & Bookkeeping $3,900
Bank Charges $660
Contractor Fees $76,132
Employee Wages $76,132
Employee Benefits $3,807
Cost of Goods Sold $120,154
Insurance – Business $5,400
Insurance – WCB $3,807
Legal Fees $1,980
Marketing & Advertising $30,000
Phone, Internet, Cable $1,860
POS System Fees $4,796
Office Expenses $1,800
Utilities $7,800
Contingency $6,000
Total Start-up Expenses $344,227
Prepaid Expenses $20,000
Inventory $63,315
Property, Plant, Equipment $500,000
Total Assets $583,315
Total Requirements $927,541
Start-up Funding
Start-up Expenses to Fund $344,227
Start-up Assets to Fund $583,315
Total Funding Required $927,541


The Pro Forma Income Statement outlines the company’s anticipated financial performance for the next three years, with gross revenue projections of $456,795 in Year 1, $629,776 in Year 2, and $813,124 in Year 3. Earnings before interest, taxes, depreciation, and amortization (EBITDA) show positive growth, reaching $111,548 in Year 1, $180,456 in Year 2, and $248,423 in Year 3. The Pro Forma Income Statement provides key insights into the company’s profitability and financial trajectory.


Pro Forma Income Statement Year 1 Year 2 Year 3 TOTAL %
GROSS REVENUE $456,795 $629,776 $813,124 $1,899,695 100%
Cost of Goods Sold $120,154 $161,868 $211,152 $493,174 26%
GROSS PROFIT $336,641 $467,908 $601,971 $1,406,520 74%
Operating Expenses
Accounting & Bookkeeping 3,900 3,900 3,900 11,700
Alarm System 1,020 1,020 2,040
Bank Charges 660 660 660 1,980
Contractor Fees 76,132 104,962 135,519 316,613
Employee Wages 76,132 104,962 135,519 316,613
Employee Benefits 3,807 5,248 6,776 15,831
Insurance – Business 5,400 5,400 5,400 16,200
Insurance – WCB 3,807 5,248 6,776 15,831
Legal Fees 1,980 1,980 1,980 5,940
Marketing & Advertising 30,000 30,000 30,000 90,000
Phone, Internet, Cable 1,860 1,860 1,860 5,580
POS System Fees 4,796 6,613 8,538 19,947
Office Expenses 1,800 1,800 1,800 5,400
Utilities 7,800 7,800 7,800 23,400
Contingency 6,000 6,000 6,000 18,000
Total Operating Expenses $225,093 $287,452 $353,548 $866,093
EBITDA $111,548 $180,456 $248,423 $540,427 28%
Commercial Mortgage Interest 39,477 39,192 38,887 117,556
Depreciation 9,286 9,286 9,286 27,857
EBT $62,786 $131,978 $200,250 $395,014 21%
Corporate Taxes 7,534 15,837 24,030 47,402
Net Income $55,252 $116,141 $176,220 $347,613 18%



Revenue Breakdown


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The Pro Forma Cash Flow Statement is a vital component of the business plan, projecting cash inflows and outflows over the next three years. It anticipates a strong start in Year 1 with an opening cash balance of $10,000, followed by significant growth in Year 2 with an opening balance of $33,388. By Year 3, the business is poised for continued success, starting with an opening cash balance of $69,756. The statement serves as a critical tool for financial planning, providing insights for strategic decision-making and ensuring effective management of cash resources.


Pro Forma Cash Flow Statement Year 1 Year 2 Year 3
Opening Cash Balance $10,000 $33,388 $69,756
Cash flow from operating activities
Net Income 55,252 116,141 176,220
Depreciation 9,286 9,286 9,286
GST Collected 22,840 31,489 40,656
GST Paid 13,265 16,956 21,120
Changes in non-working capital
GST Payable 9,574 14,533 19,536
Income Taxes Payable 7,534 15,837 24,030
Investment Activities
Owners’ Down Payment 60,000
Commercial Mortgage 440,000
Purchase of Commercial Property -500,000
Commercial Mortgage – Principal -3,006 -3,288 -3,596
Cash Flow from Financing Activities
Payment of Dividends -55,252 -116,141 -176,220
Cash Flow $23,388 $36,368 $49,256
Closing Cash Balance $33,388 $69,756 $119,012


Projected Cash flow



The Pro Forma Balance Sheet provides a snapshot of the company’s financial standing over the next three years, showcasing a progressive increase in total assets from $80,100 in the opening year to $760,612 in Year 3. Shareholders’ equity, a combination of invested equity, cumulative retained earnings, and dividends paid, is anticipated to grow from $70,100 in the opening year to $271,492 in Year 3, indicating a positive trajectory for the company’s financial health.


Pro Forma Balance Sheet Opening Year 1 Year 2 Year 3
Cash 10,000 33,388 69,756 119,012
Total Current Assets 10,000 33,388 69,756 119,012
Prepaid Expenses 500 20,000 30,000 40,000
Inventory 9,600 63,315 70,000 90,000
Property, Plant, Equipment 60,000 500,000 505,714 511,600
Total Assets $80,100 $616,703 $675,471 $760,612
Current Liabilities
Accounts Payable 1,500 2,500 3,500 5,000
GST Payable 4,500 9,574 14,533 19,536
Income Taxes Payable 4,000 7,534 15,837 24,030
Total Current Liabilities 10,000 19,609 33,871 48,566
Long Term Liabilities
Commercial Mortgage Loan 0 436,994 433,706 430,110
Shareholder Loan 0 60,000 52,543 10,444
Total Liabilities $10,000 $516,603 $520,120 $489,120
Shareholders’ Equity
Invested Equity 100 100 100 100
Retained Earnings (Cumulative) 100,000 155,252 271,392 447,613
Dividends Paid -30,000 -55,252 -116,141 -176,220
Total Shareholders’ Equity $70,100 $100,100 $155,352 $271,492
Total Liabilities and Equity $80,100 $616,703 $675,471 $760,612