How to open your own model school

Existing model schools throughout Russia attract the attention of potential entrepreneurs with the apparent simplicity and profitability of the business. Russia has already experienced a wave of enthusiasm for this area, and many schools have closed, not having worked for a year. In fact, like any other business, opening your own school of models requires careful preparation and careful study of the features of the case.

Instruction manual

1

To get started, collect as much information as possible about the organization of work in existing model schools. Identify the disciplines that will be taught at your school. Keep in mind that you will need a lot of highly skilled specialists in a variety of areas. This is choreography, acting, photo training, the basics of proper nutrition and care. Work with a hairdresser, stylist and makeup artist. Create a sample curriculum for your future school.

2

Now decide on the form of ownership (IP, LLC or others.). Without the state registration of your enterprise, its activities in the Russian Federation are illegal and impossible. Choose the most preferable one according to the given criteria. This may be a taxation system, reporting, etc. Find out how much this process will cost you (lawyer services, state fees, etc.).

3

Determine the number of staff that will be necessary at the time of opening the school (director, accountant, teachers, etc.). Describe the level of costs for each employee. Make an estimate of wages for the first month of school activity, and preferably immediately for a year on a monthly basis. You will need this information when drawing up a business plan.

4

Find a room that meets the needs of the school. These can be halls for choreography, classes for make-up artist lessons, acting classes, and a photo studio. Calculate your maintenance costs for this property. They are the sum of the calculation for the rental of premises, their maintenance, payment of expenses for utilities.

5

Make a detailed and real business plan that will take into account all your possible expenses and income during the year. Decide on the candidates who are ready to work with your school. Do not forget about potential students. Where do they come from? What will be their quantity? There may be expenses for the advertising campaign, which should also be taken into account in your calculations.

6

Summarize your calculations and decide on resources. Does it all fit together? You have a great desire to open a school of models and all the possibilities for this. Then write down your actions in points in the direction of the planned and proceed to the implementation of the plan.