There are over 45 forms of mixed martial arts in the world. With these variations, there are millions of different practitioners worldwide. Dojos are built and maintained to cater to this number of martial artists. However, the need to eliminate costs and generate more profits seems to be much more of a challenge compared to teaching the arts.
One of the main areas where profit seems scarce is the Karate business. Karate means the art of kicking or punching. Based on the meaning, it is likely to knock any opponent out but in Karate business its strength does not seem to take effect.
Everyday, more karate dojos lose business because of the stiff competition surrounding it. These dojos may have the best locations in their area. They may have the best teachers and facilities, yet their operations have gone into a standstill. Why? I believe the reason is poor business strategy.
Developing strategic methods does not necessarily mean conducting extensive researches, no; we do not have time for that. It simply means understanding your market and using your advantages as your edge. Just like in the art of Karate, you have to learn how to use your bare hands and knees as weapons. Create a plan and stick to it.
A karate business plan does not need to be all that grand. It only has to include four main parts: A. Objectives, B. Mission, C. Keys to Success, and D. How to Use these Keys. The objectives should include your goals. It may a combination of tangible and intangible. Under the mission portion, it should have what you envision your Karate business would look like. It's like seeing it from dream, only that you know it's not. The keys to success are those factors that you find unique to your Karate business. It could be that the location is convenient for all your students. It could be the cleanliness of the dojo and the quality of the equipments that you have. Most importantly, it could be the kind of instructors that you hire. And lastly, using the key elements that you have discovered; what are the steps that you should take in order to realize your mission and achieve your goal? Formulate your own Karate business plan using this formula and watch your profits grow.
It is vital that you include in your karate business plan the impression you wish a student would have as soon as he/she steps into your dojo. Statistics say that one of the primary reasons why a martial arts student would quit is because of the first impression he had. Remember, it's all about giving the correct mindset.
With a very good plan, martial arts success would be at hand. Martial Arts success has two faces. One is for the shihan or he who owns the dojo. Success for him would mean the satisfaction of seeing new faces as well as the profit he would get. Not to mention keeping illness at bay through regular exercise. Martial Arts success would also benefit the student. Not only will he learn the different levels of discipline, he will also add another hour to his life free from stress. Studies show that mixed martial arts is a form of exercise and meditation that leads to reduced tension, anxiety, depression, and anger.
So, start developing your own Karate business plan and welcome to the world of success.
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